VYMI vs. MRNY
VYMI (Vanguard International High Dividend Yield ETF) and MRNY (YieldMax MRNA Option Income Strategy ETF) are both exchange-traded funds - VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index, while MRNY is a Derivative Income fund actively managed by YieldMax. VYMI is passively managed, while MRNY is actively managed. Over the past year, VYMI returned 30.78% vs 53.27% for MRNY. At a 0.36 correlation, their price movements are largely independent. VYMI charges 0.07%/yr vs 0.99%/yr for MRNY.
Performance
VYMI vs. MRNY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VYMI achieves a 11.99% return, which is significantly lower than MRNY's 55.67% return.
VYMI
- 1D
- 0.61%
- 1M
- 1.65%
- YTD
- 11.99%
- 6M
- 15.12%
- 1Y
- 30.78%
- 3Y*
- 22.30%
- 5Y*
- 12.09%
- 10Y*
- 10.47%
MRNY
- 1D
- 2.69%
- 1M
- 7.98%
- YTD
- 55.67%
- 6M
- 64.78%
- 1Y
- 53.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VYMI vs. MRNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VYMI Vanguard International High Dividend Yield ETF | 11.99% | 38.05% | 7.06% | 11.97% |
MRNY YieldMax MRNA Option Income Strategy ETF | 55.67% | -35.72% | -59.32% | 19.61% |
Correlation
The correlation between VYMI and MRNY is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2023 | 0.36 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VYMI vs. MRNY — Risk / Return Rank
VYMI
MRNY
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 ratioReturn per unit of total volatility | +1.31 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.22 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 1.70 | +1.35 |
| Martin ratioReturn relative to average drawdown | 12.01 | 3.31 | +8.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VYMI | MRNY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.39 | 1.08 | +1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | -0.48 | +1.13 |
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.
Loading charts...
Drawdown Indicators
| VYMI | MRNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.00% | -82.15% | +42.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.14% | -31.53% | +21.39% |
Max Drawdown (3Y)Largest decline over 3 years | -12.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.05% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.00% | — | — |
Current DrawdownCurrent decline from peak | -0.80% | -67.23% | +66.43% |
Average DrawdownAverage peak-to-trough decline | -6.31% | -52.64% | +46.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 16.15% | -13.58% |
Volatility
VYMI vs. MRNY - Volatility Comparison
The current volatility for Vanguard International High Dividend Yield ETF (VYMI) is 3.96%, while YieldMax MRNA Option Income Strategy ETF (MRNY) has a volatility of 13.53%. 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.
Loading charts...
Volatility by Period
| VYMI | MRNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | 13.53% | -9.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.74% | 37.11% | -26.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.94% | 49.38% | -36.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.84% | 50.75% | -35.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.87% | 50.75% | -33.88% |
VYMI vs. MRNY - Expense Ratio Comparison
VYMI has a 0.07% expense ratio, which is lower than MRNY's 0.99% expense ratio.
Dividends
VYMI vs. MRNY - Dividend Comparison
VYMI's dividend yield for the trailing twelve months is around 3.42%, less than MRNY's 100.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MRNY YieldMax MRNA Option Income Strategy ETF | 100.06% | 145.98% | 178.49% | 1.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VYMI Vanguard International High Dividend Yield ETF | 3.42% | 3.68% | 4.84% | 4.58% | 4.70% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% |
Frequently Asked Questions
VYMI and MRNY have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MRNY has higher volatility (13.53%) compared to VYMI (3.96%). In terms of maximum drawdown, VYMI dropped -40.00% vs MRNY's -82.15%.
On 1-year performance, MRNY leads with 53.27% vs 30.78% for VYMI. On fees, VYMI is cheaper at 0.07% per year. On volatility, VYMI has been the lower-risk option at 3.96%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MRNY has performed better with a 53.27% return vs 30.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VYMI is cheaper with a 0.07% expense ratio, compared with 0.99% for MRNY.
MRNY has the higher dividend yield at 100.06%, compared with 3.42% for VYMI.
VYMI is categorized as Dividend, while MRNY is Derivative Income. They also come from different issuers: Vanguard and YieldMax. Their fees differ too: 0.07% for VYMI and 0.99% for MRNY.
VYMI currently has the higher Sharpe Ratio (2.39 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.
Find the right allocation for VYMI and MRNY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer