TIIV vs. USOY

Last updated Jul 30, 2026

TIIV (AAM Todd International Intrinsic Value ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - TIIV is a Actively Managed fund actively managed by AAM, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Over the past year, TIIV returned 25.15% vs 40.08% for USOY. Their -0.25 correlation means they have often moved in opposite directions in the past. TIIV charges 0.54%/yr vs 1.22%/yr for USOY.

Performance

TIIV vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM Todd International Intrinsic Value ETF (TIIV) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIIV achieves a 11.86% return, which is significantly lower than USOY's 51.12% return.

TIIV

• 1D: -0.44%
• 1M: 2.59%
• 6M: 5.27%
• YTD: 11.86%
• 1Y: 25.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.71%

USOY

• 1D: 7.09%
• 1M: 15.30%
• 6M: 39.74%
• YTD: 51.12%
• 1Y: 40.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TIIV AAM Todd International Intrinsic Value ETF	$18.60K	$14.86K	$76.21K
USOY Defiance Oil Enhanced Options Income ETF	$2.95M	$3.24M	$3.47M

TIIV vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025
TIIV AAM Todd International Intrinsic Value ETF	11.86%	10.83%
USOY Defiance Oil Enhanced Options Income ETF	51.12%	-6.07%

Correlation

The correlation between TIIV and USOY is -0.24, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.24
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	-0.25

Return for Risk

TIIV vs. USOY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TIIV

TIIV Risk / Return Rank: 79
TIIV Sharpe Ratio Rank: 80
TIIV Sortino Ratio Rank: 82
TIIV Omega Ratio Rank: 80
TIIV Calmar Ratio Rank: 77
TIIV Martin Ratio Rank: 76

USOY

USOY Risk / Return Rank: 45
USOY Sharpe Ratio Rank: 47
USOY Sortino Ratio Rank: 44
USOY Omega Ratio Rank: 49
USOY Calmar Ratio Rank: 44
USOY Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TIIV vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Todd International Intrinsic Value ETF (TIIV) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

	TIIV	USOY	Difference
Sharpe ratio: Return per unit of total volatility	1.76	1.15	+0.61
Sortino ratio: Return per unit of downside risk	2.58	1.62	+0.96
Omega ratio: Gain probability vs. loss probability	1.32	1.22	+0.10
Calmar ratio: Return relative to maximum drawdown	2.61	1.58	+1.03
Martin ratio: Return relative to average drawdown	9.09	4.59	+4.50

TIIV vs. USOY - Sharpe Ratio Comparison

The current TIIV Sharpe Ratio is 1.76, which is higher than the USOY Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of TIIV and USOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TIIV vs. USOY - Drawdown Comparison

The maximum TIIV drawdown since its inception was -9.68%, smaller than the maximum USOY drawdown of -25.51%. Use the drawdown chart below to compare losses from any high point for TIIV and USOY.

Drawdown Indicators

	TIIV	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-9.68%	-25.51%	+15.83%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-25.51%	+15.83%
Current Drawdown Current decline from peak	-0.86%	-11.58%	+10.72%
Average Drawdown Average peak-to-trough decline	-1.79%	-7.15%	+5.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	8.76%	-5.98%

Volatility

TIIV vs. USOY - Volatility Comparison

The current volatility for AAM Todd International Intrinsic Value ETF (TIIV) is 3.16%, while Defiance Oil Enhanced Options Income ETF (USOY) has a volatility of 15.68%. This indicates that TIIV experiences smaller price fluctuations and is considered to be less risky than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIIV	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	15.68%	-12.52%
Volatility (6M) Calculated over the trailing 6-month period	11.85%	32.29%	-20.44%
Volatility (1Y) Calculated over the trailing 1-year period	14.32%	34.87%	-20.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.38%	28.23%	-13.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.38%	28.23%	-13.85%

TIIV vs. USOY - Expense Ratio Comparison

TIIV has a 0.54% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

TIIV vs. USOY - Dividend Comparison

TIIV's dividend yield for the trailing twelve months is around 3.18%, less than USOY's 57.07% yield.

Position	TTM	2025	2024
TIIV AAM Todd International Intrinsic Value ETF	3.18%	2.33%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	57.07%	104.32%	48.60%

Frequently Asked Questions

Can I hold both TIIV and USOY in my portfolio?

TIIV and USOY have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIIV or USOY?

USOY has higher volatility (15.68%) compared to TIIV (3.16%). In terms of maximum drawdown, TIIV dropped -9.68% vs USOY's -25.51%.

Which ETF is better, TIIV or USOY?

On 1-year performance, USOY leads with 40.08% vs 25.15% for TIIV. On fees, TIIV is cheaper at 0.54% per year. On volatility, TIIV has been the lower-risk option at 3.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TIIV or USOY?

Over the 1-year period, USOY has performed better with a 40.08% return vs 25.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TIIV or USOY?

TIIV is cheaper with a 0.54% expense ratio, compared with 1.22% for USOY.

Which ETF pays a higher dividend yield, TIIV or USOY?

USOY has the higher dividend yield at 57.07%, compared with 3.18% for TIIV.

What is the main difference between TIIV and USOY?

TIIV is categorized as Actively Managed, while USOY is Derivative Income. They also come from different issuers: AAM and Defiance. Their fees differ too: 0.54% for TIIV and 1.22% for USOY.

Which has better risk-adjusted returns?

TIIV currently has the higher Sharpe Ratio (1.76 vs 1.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.