WISE vs. MSTY
Compare and contrast key facts about Themes Generative Artificial Intelligence ETF (WISE) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).
WISE and MSTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WISE is a passively managed fund by Themes that tracks the performance of the Solactive Generative Artificial Intelligence Index - Benchmark TR Gross. It was launched on Dec 7, 2023. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WISE or MSTY.
Correlation
The correlation between WISE and MSTY is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WISE vs. MSTY - Performance Comparison
Key characteristics
WISE:
0.34
MSTY:
1.38
WISE:
0.73
MSTY:
2.03
WISE:
1.09
MSTY:
1.26
WISE:
0.32
MSTY:
2.63
WISE:
1.03
MSTY:
6.44
WISE:
12.38%
MSTY:
16.65%
WISE:
37.65%
MSTY:
77.65%
WISE:
-39.16%
MSTY:
-40.82%
WISE:
-28.46%
MSTY:
-13.01%
Returns By Period
In the year-to-date period, WISE achieves a -20.67% return, which is significantly lower than MSTY's 20.02% return.
WISE
-20.67%
-6.11%
0.46%
12.45%
N/A
N/A
MSTY
20.02%
10.49%
39.83%
117.62%
N/A
N/A
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WISE vs. MSTY - Expense Ratio Comparison
WISE has a 0.35% expense ratio, which is lower than MSTY's 0.99% expense ratio.
Risk-Adjusted Performance
WISE vs. MSTY — Risk-Adjusted Performance Rank
WISE
MSTY
WISE vs. MSTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Generative Artificial Intelligence ETF (WISE) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.
Dividends
WISE vs. MSTY - Dividend Comparison
WISE has not paid dividends to shareholders, while MSTY's dividend yield for the trailing twelve months is around 128.85%.
| TTM | 2024 | |
|---|---|---|
WISE Themes Generative Artificial Intelligence ETF | 0.00% | 0.00% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 128.85% | 104.56% |
Drawdowns
WISE vs. MSTY - Drawdown Comparison
The maximum WISE drawdown since its inception was -39.16%, roughly equal to the maximum MSTY drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for WISE and MSTY. For additional features, visit the drawdowns tool.
Volatility
WISE vs. MSTY - Volatility Comparison
The current volatility for Themes Generative Artificial Intelligence ETF (WISE) is 19.86%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 32.05%. This indicates that WISE experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.