TMYY vs. BUYW

Last updated Jun 30, 2026

TMYY (GraniteShares YieldBOOST TSM ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. At a 0.07 correlation, their price movements are largely independent.

Performance

TMYY vs. BUYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST TSM ETF (TMYY) and Main Buywrite ETF (BUYW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TMYY

• 1D: 3.17%
• 1M: 4.32%
• 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*: —

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

TMYY vs. BUYW - Yearly Performance Comparison

	2026 (YTD)
TMYY GraniteShares YieldBOOST TSM ETF	15.23%
BUYW Main Buywrite ETF	2.36%

Correlation

The correlation between TMYY and BUYW is 0.07, 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 Apr 14, 2026	0.07

Return for Risk

TMYY vs. BUYW — Risk / Return Rank

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

TMYY

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

BUYW

BUYW Risk / Return Rank: 79
BUYW Sharpe Ratio Rank: 70
BUYW Sortino Ratio Rank: 76
BUYW Omega Ratio Rank: 76
BUYW Calmar Ratio Rank: 81
BUYW Martin Ratio Rank: 92

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.

TMYY vs. BUYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST TSM ETF (TMYY) 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.

	TMYY	BUYW	Difference
Sharpe ratio: Return per unit of total volatility	—	1.94	—
Sortino ratio: Return per unit of downside risk	—	2.91	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	3.63	—
Martin ratio: Return relative to average drawdown	—	19.35	—

Drawdowns

TMYY vs. BUYW - Drawdown Comparison

The maximum TMYY drawdown since its inception was -3.40%, smaller than the maximum BUYW drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for TMYY and BUYW.

Drawdown Indicators

	TMYY	BUYW	Difference
Max Drawdown Largest peak-to-trough decline	-3.40%	-9.36%	+5.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.36%	—
Current Drawdown Current decline from peak	-0.34%	0.00%	-0.34%
Average Drawdown Average peak-to-trough decline	-0.54%	-0.60%	+0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.49%	—

Volatility

Volatility by Period

	TMYY	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	18.86%	4.86%	+14.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.86%	8.42%	+10.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.86%	8.42%	+10.44%

Dividends

TMYY vs. BUYW - Dividend Comparison

TMYY's dividend yield for the trailing twelve months is around 15.68%, 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%
TMYY GraniteShares YieldBOOST TSM ETF	15.68%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TMYY and BUYW in my portfolio?

TMYY and BUYW have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, TMYY or BUYW?

TMYY has the higher dividend yield at 15.68%, compared with 5.92% for BUYW.

What is the main difference between TMYY and BUYW?

They also come from different issuers: GraniteShares and Main Funds.