TECY vs. BUYW
TECY (GraniteShares YieldBOOST Technology ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.01, they often move in opposite directions. TECY charges 1.07%/yr vs 1.29%/yr for BUYW.
Performance
TECY vs. BUYW - Performance Comparison
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Returns By Period
TECY
- 1D
- -0.21%
- 1M
- -4.85%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BUYW
- 1D
- 0.42%
- 1M
- 0.43%
- YTD
- 4.06%
- 6M
- 4.13%
- 1Y
- 9.37%
- 3Y*
- 8.65%
- 5Y*
- —
- 10Y*
- —
TECY vs. BUYW - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TECY GraniteShares YieldBOOST Technology ETF | -2.36% |
BUYW Main Buywrite ETF | 1.64% |
Correlation
The correlation between TECY and BUYW is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 5, 2026 | -0.01 |
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Return for Risk
TECY vs. BUYW — Risk / Return Rank
TECY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BUYW
TECY vs. BUYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Technology ETF (TECY) and Main Buywrite ETF (BUYW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TECY | BUYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.63 | — |
| Martin ratioReturn relative to average drawdown | — | 19.35 | — |
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Drawdowns
TECY vs. BUYW - Drawdown Comparison
The maximum TECY drawdown since its inception was -5.92%, smaller than the maximum BUYW drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for TECY and BUYW.
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Drawdown Indicators
| TECY | BUYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.92% | -9.36% | +3.44% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.36% | — |
Current DrawdownCurrent decline from peak | -5.34% | 0.00% | -5.34% |
Average DrawdownAverage peak-to-trough decline | -1.90% | -0.60% | -1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.49% | — |
Volatility
TECY vs. BUYW - Volatility Comparison
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Volatility by Period
| TECY | BUYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.47% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.03% | 4.86% | +10.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.03% | 8.42% | +6.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.03% | 8.42% | +6.61% |
TECY vs. BUYW - Expense Ratio Comparison
TECY has a 1.07% expense ratio, which is lower than BUYW's 1.29% expense ratio.
Dividends
TECY vs. BUYW - Dividend Comparison
TECY's dividend yield for the trailing twelve months is around 8.19%, more than BUYW's 5.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BUYW Main Buywrite ETF | 5.92% | 5.89% | 5.93% | 5.95% | 0.50% |
TECY GraniteShares YieldBOOST Technology ETF | 8.19% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TECY and BUYW have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TECY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TECY is cheaper with a 1.07% expense ratio, compared with 1.29% for BUYW.
TECY has the higher dividend yield at 8.19%, compared with 5.92% for BUYW.
They also come from different issuers: GraniteShares and Main Funds. Their fees differ too: 1.07% for TECY and 1.29% for BUYW.
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