TMYY vs. BUYW

Last updated Jul 21, 2026

TMYY (GraniteShares YieldBOOST TSM 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.

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: -0.25%
• 1M: -4.52%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUYW

• 1D: -0.21%
• 1M: 0.57%
• 6M: 4.34%
• YTD: 4.34%
• 1Y: 8.74%
• 3Y*: 8.49%
• 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	10.11%
BUYW Main Buywrite ETF	2.65%

Correlation

The correlation between TMYY 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 Apr 14, 2026	-0.01

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: 82
BUYW Sharpe Ratio Rank: 76
BUYW Sortino Ratio Rank: 80
BUYW Omega Ratio Rank: 79
BUYW Calmar Ratio Rank: 84
BUYW Martin Ratio Rank: 93

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	—	1.81	—
Sortino ratio: Return per unit of downside risk	—	2.70	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	3.39	—
Martin ratio: Return relative to average drawdown	—	18.04	—

Drawdowns

TMYY vs. BUYW - Drawdown Comparison

The maximum TMYY drawdown since its inception was -5.77%, 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	-5.77%	-9.36%	+3.59%
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	-5.77%	-0.48%	-5.29%
Average Drawdown Average peak-to-trough decline	-0.97%	-0.59%	-0.38%
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	—	1.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.52%	4.85%	+14.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.52%	8.37%	+11.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.52%	8.37%	+11.15%

Dividends

TMYY vs. BUYW - Dividend Comparison

TMYY's dividend yield for the trailing twelve months is around 20.59%, more than BUYW's 5.90% yield.

Position	TTM	2025	2024	2023	2022
BUYW Main Buywrite ETF	5.90%	5.89%	5.93%	5.95%	0.50%
TMYY GraniteShares YieldBOOST TSM ETF	20.59%	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 -0.01, 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 20.59%, compared with 5.90% for BUYW.

What is the main difference between TMYY and BUYW?

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