TMYY vs. RYLD
TMYY (GraniteShares YieldBOOST TSM ETF) and RYLD (Global X Russell 2000 Covered Call ETF) are both Derivative Income funds. TMYY is actively managed, while RYLD is passively managed. Their 0.57 correlation means they have sometimes moved together and sometimes differently. TMYY charges 1.07%/yr vs 0.60%/yr for RYLD.
Performance
TMYY vs. RYLD - Performance Comparison
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Returns By Period
TMYY
- 1D
- 0.19%
- 1M
- -1.74%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
RYLD
- 1D
- 0.00%
- 1M
- 2.51%
- 6M
- 11.58%
- YTD
- 14.18%
- 1Y
- 24.20%
- 3Y*
- 8.92%
- 5Y*
- 3.32%
- 10Y*
- —
- ALL TIME*
- 6.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $10.88M | $9.80M | $9.16M | |
| $64.63K | $77.26K | $76.08K |
TMYY vs. RYLD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TMYY GraniteShares YieldBOOST TSM ETF | 14.31% |
RYLD Global X Russell 2000 Covered Call ETF | 11.09% |
Correlation
The correlation between TMYY and RYLD is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 14, 2026 | 0.57 |
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Return for Risk
TMYY vs. RYLD — Risk / Return Rank
TMYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RYLD
TMYY vs. RYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST TSM ETF (TMYY) and Global X Russell 2000 Covered Call ETF (RYLD). 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 | RYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.49 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.86 | — |
| Martin ratioReturn relative to average drawdown | — | 15.83 | — |
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Drawdowns
TMYY vs. RYLD - Drawdown Comparison
The maximum TMYY drawdown since its inception was -6.95%, smaller than the maximum RYLD drawdown of -41.53%. Use the drawdown chart below to compare losses from any high point for TMYY and RYLD.
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Drawdown Indicators
| TMYY | RYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.95% | -41.53% | +34.58% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.29% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.05% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.33% | — |
Current DrawdownCurrent decline from peak | -2.18% | 0.00% | -2.18% |
Average DrawdownAverage peak-to-trough decline | -1.48% | -8.64% | +7.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.53% | — |
Volatility
TMYY vs. RYLD - Volatility Comparison
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Volatility by Period
| TMYY | RYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.72% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.37% | 10.42% | +8.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.37% | 13.98% | +5.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.37% | 17.03% | +2.34% |
TMYY vs. RYLD - Expense Ratio Comparison
TMYY has a 1.07% expense ratio, which is higher than RYLD's 0.60% expense ratio.
Dividends
TMYY vs. RYLD - Dividend Comparison
TMYY's dividend yield for the trailing twelve months is around 22.51%, more than RYLD's 11.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
RYLD Global X Russell 2000 Covered Call ETF | 11.43% | 12.00% | 12.03% | 12.64% | 13.49% | 12.35% | 10.76% | 6.43% |
TMYY GraniteShares YieldBOOST TSM ETF | 22.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TMYY and RYLD have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RYLD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RYLD is cheaper with a 0.60% expense ratio, compared with 1.07% for TMYY.
TMYY has the higher dividend yield at 22.51%, compared with 11.43% for RYLD.
They also come from different issuers: GraniteShares and Global X. Their fees differ too: 1.07% for TMYY and 0.60% for RYLD.
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