TECY vs. MRNY

Last updated Jul 21, 2026

TECY (GraniteShares YieldBOOST Technology ETF) and MRNY (YieldMax MRNA Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.05 correlation, their price movements are largely independent. TECY charges 1.07%/yr vs 0.99%/yr for MRNY.

Performance

TECY vs. MRNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Technology ETF (TECY) and YieldMax MRNA Option Income Strategy ETF (MRNY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TECY

• 1D: -1.52%
• 1M: -3.78%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

MRNY

• 1D: -2.68%
• 1M: -5.68%
• 6M: 30.19%
• YTD: 72.56%
• 1Y: 49.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -20.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TECY vs. MRNY - Yearly Performance Comparison

	2026 (YTD)
TECY GraniteShares YieldBOOST Technology ETF	-3.54%
MRNY YieldMax MRNA Option Income Strategy ETF	18.65%

Correlation

The correlation between TECY and MRNY is 0.05, 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	0.05

Return for Risk

TECY vs. MRNY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TECY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MRNY

MRNY Risk / Return Rank: 36
MRNY Sharpe Ratio Rank: 34
MRNY Sortino Ratio Rank: 40
MRNY Omega Ratio Rank: 38
MRNY Calmar Ratio Rank: 41
MRNY Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TECY vs. MRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Technology ETF (TECY) and YieldMax MRNA Option Income Strategy ETF (MRNY). 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	MRNY	Difference
Sharpe ratio: Return per unit of total volatility	—	0.93	—
Sortino ratio: Return per unit of downside risk	—	1.64	—
Omega ratio: Gain probability vs. loss probability	—	1.19	—
Calmar ratio: Return relative to maximum drawdown	—	1.57	—
Martin ratio: Return relative to average drawdown	—	3.00	—

Drawdowns

TECY vs. MRNY - Drawdown Comparison

The maximum TECY drawdown since its inception was -6.82%, smaller than the maximum MRNY drawdown of -82.15%. Use the drawdown chart below to compare losses from any high point for TECY and MRNY.

Drawdown Indicators

	TECY	MRNY	Difference
Max Drawdown Largest peak-to-trough decline	-6.82%	-82.15%	+75.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.53%	—
Current Drawdown Current decline from peak	-6.48%	-63.67%	+57.19%
Average Drawdown Average peak-to-trough decline	-2.60%	-53.02%	+50.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.49%	—

Volatility

Volatility by Period

	TECY	MRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	53.35%	-37.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.64%	51.57%	-35.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.64%	51.57%	-35.93%

TECY vs. MRNY - Expense Ratio Comparison

TECY has a 1.07% expense ratio, which is higher than MRNY's 0.99% expense ratio.

Dividends

TECY vs. MRNY - Dividend Comparison

TECY's dividend yield for the trailing twelve months is around 11.46%, less than MRNY's 88.52% yield.

Position	TTM	2025	2024	2023
MRNY YieldMax MRNA Option Income Strategy ETF	88.52%	145.98%	178.49%	1.75%
TECY GraniteShares YieldBOOST Technology ETF	11.46%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TECY and MRNY in my portfolio?

TECY and MRNY have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TECY or MRNY?

On fees, MRNY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TECY or MRNY?

MRNY is cheaper with a 0.99% expense ratio, compared with 1.07% for TECY.

Which ETF pays a higher dividend yield, TECY or MRNY?

MRNY has the higher dividend yield at 88.52%, compared with 11.46% for TECY.

What is the main difference between TECY and MRNY?

They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for TECY and 0.99% for MRNY.