VXUS vs. MRNY

Last updated Jun 16, 2026

VXUS (Vanguard Total International Stock ETF) and MRNY (YieldMax MRNA Option Income Strategy ETF) are both exchange-traded funds - VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index, while MRNY is a Derivative Income fund actively managed by YieldMax. VXUS is passively managed, while MRNY is actively managed. Over the past year, VXUS returned 32.10% vs 53.54% for MRNY. At a 0.41 correlation, their price movements are largely independent. VXUS charges 0.05%/yr vs 0.99%/yr for MRNY.

Performance

VXUS vs. MRNY - Performance Comparison

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

Returns By Period

In the year-to-date period, VXUS achieves a 15.42% return, which is significantly lower than MRNY's 56.58% return.

VXUS

• 1D: 1.52%
• 1M: 4.66%
• YTD: 15.42%
• 6M: 16.87%
• 1Y: 32.10%
• 3Y*: 18.53%
• 5Y*: 8.83%
• 10Y*: 10.23%

MRNY

• 1D: 2.91%
• 1M: 5.64%
• YTD: 56.58%
• 6M: 51.42%
• 1Y: 53.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VXUS vs. MRNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VXUS Vanguard Total International Stock ETF	15.42%	32.35%	5.08%	13.99%
MRNY YieldMax MRNA Option Income Strategy ETF	56.58%	-35.72%	-59.32%	18.27%

Correlation

The correlation between VXUS and MRNY is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (All Time) Calculated using the full available price history since Oct 24, 2023	0.41

Return for Risk

VXUS vs. MRNY — Risk / Return Rank

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

VXUS

VXUS Risk / Return Rank: 67
VXUS Sharpe Ratio Rank: 69
VXUS Sortino Ratio Rank: 67
VXUS Omega Ratio Rank: 70
VXUS Calmar Ratio Rank: 63
VXUS Martin Ratio Rank: 67

MRNY

MRNY Risk / Return Rank: 34
MRNY Sharpe Ratio Rank: 32
MRNY Sortino Ratio Rank: 38
MRNY Omega Ratio Rank: 34
MRNY Calmar Ratio Rank: 37
MRNY Martin Ratio Rank: 26

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.

VXUS vs. MRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total International Stock ETF (VXUS) 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.

	VXUS	MRNY	Difference
Sharpe ratio: Return per unit of total volatility	2.01	1.08	+0.93
Sortino ratio: Return per unit of downside risk	2.73	1.81	+0.92
Omega ratio: Gain probability vs. loss probability	1.37	1.21	+0.16
Calmar ratio: Return relative to maximum drawdown	2.86	1.71	+1.15
Martin ratio: Return relative to average drawdown	11.00	3.30	+7.69

VXUS vs. MRNY - Sharpe Ratio Comparison

The current VXUS Sharpe Ratio is 2.01, which is higher than the MRNY Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of VXUS and MRNY, 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

VXUS vs. MRNY - Drawdown Comparison

The maximum VXUS drawdown since its inception was -35.97%, smaller than the maximum MRNY drawdown of -82.15%. Use the drawdown chart below to compare losses from any high point for VXUS and MRNY.

Drawdown Indicators

	VXUS	MRNY	Difference
Max Drawdown Largest peak-to-trough decline	-35.97%	-82.15%	+46.18%
Max Drawdown (1Y) Largest decline over 1 year	-11.27%	-31.53%	+20.26%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.44%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.97%	—	—
Current Drawdown Current decline from peak	0.00%	-67.04%	+67.04%
Average Drawdown Average peak-to-trough decline	-8.20%	-52.78%	+44.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	16.25%	-13.32%

Volatility

VXUS vs. MRNY - Volatility Comparison

The current volatility for Vanguard Total International Stock ETF (VXUS) is 6.87%, while YieldMax MRNA Option Income Strategy ETF (MRNY) has a volatility of 12.97%. This indicates that VXUS experiences smaller price fluctuations and is considered to be less risky than MRNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VXUS	MRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.87%	12.97%	-6.10%
Volatility (6M) Calculated over the trailing 6-month period	14.09%	37.72%	-23.63%
Volatility (1Y) Calculated over the trailing 1-year period	16.11%	49.94%	-33.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	50.72%	-34.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.21%	50.72%	-33.51%

VXUS vs. MRNY - Expense Ratio Comparison

VXUS has a 0.05% expense ratio, which is lower than MRNY's 0.99% expense ratio.

Dividends

VXUS vs. MRNY - Dividend Comparison

VXUS's dividend yield for the trailing twelve months is around 2.63%, less than MRNY's 102.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MRNY YieldMax MRNA Option Income Strategy ETF	102.17%	145.98%	178.49%	1.75%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VXUS Vanguard Total International Stock ETF	2.63%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Frequently Asked Questions

Can I hold both VXUS and MRNY in my portfolio?

VXUS and MRNY have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VXUS or MRNY?

MRNY has higher volatility (12.97%) compared to VXUS (6.87%). In terms of maximum drawdown, VXUS dropped -35.97% vs MRNY's -82.15%.

Which ETF is better, VXUS or MRNY?

On 1-year performance, MRNY leads with 53.54% vs 32.10% for VXUS. On fees, VXUS is cheaper at 0.05% per year. On volatility, VXUS has been the lower-risk option at 6.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VXUS or MRNY?

Over the 1-year period, MRNY has performed better with a 53.54% return vs 32.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VXUS or MRNY?

VXUS is cheaper with a 0.05% expense ratio, compared with 0.99% for MRNY.

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

MRNY has the higher dividend yield at 102.17%, compared with 2.63% for VXUS.

What is the main difference between VXUS and MRNY?

VXUS is categorized as Global Equities, while MRNY is Derivative Income. They also come from different issuers: Vanguard and YieldMax. Their fees differ too: 0.05% for VXUS and 0.99% for MRNY.

Which has better risk-adjusted returns?

VXUS currently has the higher Sharpe Ratio (2.01 vs 1.08), 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.