VYMI vs. MRNY

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard International High Dividend Yield ETF (VYMI) and YieldMax MRNA Option Income Strategy ETF (MRNY).

VYMI and MRNY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VYMI is a passively managed fund by Vanguard that tracks the performance of the FTSE All-World ex US High Dividend Yield Index. It was launched on Feb 25, 2016. MRNY is an actively managed fund by YieldMax. It was launched on Oct 23, 2023.

Performance

VYMI vs. MRNY - Performance Comparison

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

VYMI vs. MRNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VYMI Vanguard International High Dividend Yield ETF	6.37%	38.05%	7.06%	11.97%
MRNY YieldMax MRNA Option Income Strategy ETF	55.26%	-35.72%	-59.32%	19.61%

Returns By Period

In the year-to-date period, VYMI achieves a 6.37% return, which is significantly lower than MRNY's 55.26% return.

VYMI

• 1D: 0.82%
• 1M: -3.79%
• YTD: 6.37%
• 6M: 13.78%
• 1Y: 33.76%
• 3Y*: 20.74%
• 5Y*: 12.62%
• 10Y*: 10.30%

MRNY

• 1D: -1.18%
• 1M: -1.56%
• YTD: 55.26%
• 6M: 60.43%
• 1Y: 57.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VYMI vs. MRNY - Expense Ratio Comparison

VYMI has a 0.07% expense ratio, which is lower than MRNY's 0.99% expense ratio.

MRNY

YieldMax MRNA Option Income Strategy ETF

VYMI

Vanguard International High Dividend Yield ETF

Return for Risk

VYMI vs. MRNY — Risk / Return Rank

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

VYMI

VYMI Risk / Return Rank: 92
VYMI Sharpe Ratio Rank: 92
VYMI Sortino Ratio Rank: 92
VYMI Omega Ratio Rank: 94
VYMI Calmar Ratio Rank: 90
VYMI Martin Ratio Rank: 91

MRNY

MRNY Risk / Return Rank: 56
MRNY Sharpe Ratio Rank: 61
MRNY Sortino Ratio Rank: 68
MRNY Omega Ratio Rank: 56
MRNY Calmar Ratio Rank: 60
MRNY Martin Ratio Rank: 34

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.

VYMI vs. MRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard International High Dividend Yield ETF (VYMI) 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.

	VYMI	MRNY	Difference
Sharpe ratio Return per unit of total volatility	2.13	1.11	+1.02
Sortino ratio Return per unit of downside risk	2.82	1.78	+1.04
Omega ratio Gain probability vs. loss probability	1.44	1.22	+0.23
Calmar ratio Return relative to maximum drawdown	3.09	1.61	+1.48
Martin ratio Return relative to average drawdown	12.68	3.21	+9.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VYMI vs. MRNY - Sharpe Ratio Comparison

The current VYMI Sharpe Ratio is 2.13, which is higher than the MRNY Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of VYMI and MRNY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VYMI	MRNY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	1.11	+1.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	-0.50	+1.13

Correlation

The correlation between VYMI and MRNY is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

VYMI vs. MRNY - Dividend Comparison

VYMI's dividend yield for the trailing twelve months is around 3.60%, less than MRNY's 88.60% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VYMI Vanguard International High Dividend Yield ETF	3.60%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%
MRNY YieldMax MRNA Option Income Strategy ETF	88.60%	145.98%	178.49%	1.75%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VYMI vs. MRNY - Drawdown Comparison

The maximum VYMI drawdown since its inception was -40.00%, smaller than the maximum MRNY drawdown of -82.15%. Use the drawdown chart below to compare losses from any high point for VYMI and MRNY.

Drawdown Indicators

	VYMI	MRNY	Difference
Max Drawdown Largest peak-to-trough decline	-40.00%	-82.15%	+42.15%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-31.53%	+20.45%
Max Drawdown (5Y) Largest decline over 5 years	-24.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.00%	—	—
Current Drawdown Current decline from peak	-5.77%	-67.31%	+61.54%
Average Drawdown Average peak-to-trough decline	-6.39%	-51.53%	+45.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	15.78%	-13.08%

Volatility

VYMI vs. MRNY - Volatility Comparison

The current volatility for Vanguard International High Dividend Yield ETF (VYMI) is 6.40%, while YieldMax MRNA Option Income Strategy ETF (MRNY) has a volatility of 16.90%. This indicates that VYMI 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

	VYMI	MRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.40%	16.90%	-10.50%
Volatility (6M) Calculated over the trailing 6-month period	9.90%	39.43%	-29.53%
Volatility (1Y) Calculated over the trailing 1-year period	15.90%	52.05%	-36.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.75%	51.40%	-36.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.89%	51.40%	-34.51%