XBTY vs. LFGY

Last updated Jul 14, 2026

XBTY (GraniteShares YieldBOOST Bitcoin ETF) and LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, XBTY returned -45.20% vs -8.29% for LFGY. A 0.64 correlation means they provide meaningful diversification when combined. XBTY charges 0.99%/yr vs 1.02%/yr for LFGY.

Performance

XBTY vs. LFGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Bitcoin ETF (XBTY) and YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XBTY achieves a -22.62% return, which is significantly lower than LFGY's 6.63% return.

XBTY

• 1D: -0.09%
• 1M: -1.98%
• 6M: -24.61%
• YTD: -22.62%
• 1Y: -45.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LFGY

• 1D: -2.20%
• 1M: -7.14%
• 6M: -0.13%
• YTD: 6.63%
• 1Y: -8.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XBTY vs. LFGY - Yearly Performance Comparison

	2026 (YTD)	2025
XBTY GraniteShares YieldBOOST Bitcoin ETF	-22.62%	-21.19%
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	6.63%	-2.11%

Correlation

The correlation between XBTY and LFGY is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (All Time) Calculated using the full available price history since May 13, 2025	0.64

The correlation between XBTY and LFGY has been stable across timeframes, ranging from 0.64 to 0.64 - a consistent structural relationship.

Return for Risk

XBTY vs. LFGY — Risk / Return Rank

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

XBTY

XBTY Risk / Return Rank: 1
XBTY Sharpe Ratio Rank: 0
XBTY Sortino Ratio Rank: 0
XBTY Omega Ratio Rank: 0
XBTY Calmar Ratio Rank: 1
XBTY Martin Ratio Rank: 2

LFGY

LFGY Risk / Return Rank: 7
LFGY Sharpe Ratio Rank: 7
LFGY Sortino Ratio Rank: 8
LFGY Omega Ratio Rank: 7
LFGY Calmar Ratio Rank: 7
LFGY Martin Ratio Rank: 7

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.

XBTY vs. LFGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Bitcoin ETF (XBTY) and YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY). 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.

	XBTY	LFGY	Difference
Sharpe ratio: Return per unit of total volatility	-1.67	-0.21	-1.46
Sortino ratio: Return per unit of downside risk	-2.57	-0.04	-2.53
Omega ratio: Gain probability vs. loss probability	0.70	1.00	-0.30
Calmar ratio: Return relative to maximum drawdown	-0.92	-0.23	-0.69
Martin ratio: Return relative to average drawdown	-1.36	-0.49	-0.88

XBTY vs. LFGY - Sharpe Ratio Comparison

The current XBTY Sharpe Ratio is -1.67, which is lower than the LFGY Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of XBTY and LFGY, 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

XBTY vs. LFGY - Drawdown Comparison

The maximum XBTY drawdown since its inception was -49.03%, which is greater than LFGY's maximum drawdown of -35.94%. Use the drawdown chart below to compare losses from any high point for XBTY and LFGY.

Drawdown Indicators

	XBTY	LFGY	Difference
Max Drawdown Largest peak-to-trough decline	-49.03%	-35.94%	-13.09%
Max Drawdown (1Y) Largest decline over 1 year	-49.03%	-35.94%	-13.09%
Current Drawdown Current decline from peak	-47.58%	-18.55%	-29.03%
Average Drawdown Average peak-to-trough decline	-25.12%	-14.01%	-11.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.18%	17.02%	+16.16%

Volatility

XBTY vs. LFGY - Volatility Comparison

The current volatility for GraniteShares YieldBOOST Bitcoin ETF (XBTY) is 4.33%, while YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) has a volatility of 11.63%. This indicates that XBTY experiences smaller price fluctuations and is considered to be less risky than LFGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XBTY	LFGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	11.63%	-7.30%
Volatility (6M) Calculated over the trailing 6-month period	15.56%	31.74%	-16.18%
Volatility (1Y) Calculated over the trailing 1-year period	27.20%	39.05%	-11.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.99%	42.18%	-15.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.99%	42.18%	-15.19%

XBTY vs. LFGY - Expense Ratio Comparison

XBTY has a 0.99% expense ratio, which is lower than LFGY's 1.02% expense ratio.

Dividends

XBTY vs. LFGY - Dividend Comparison

XBTY's dividend yield for the trailing twelve months is around 211.51%, more than LFGY's 87.37% yield.

Position	TTM	2025
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	87.37%	94.90%
XBTY GraniteShares YieldBOOST Bitcoin ETF	211.51%	102.53%

Frequently Asked Questions

Can I hold both XBTY and LFGY in my portfolio?

XBTY and LFGY have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XBTY or LFGY?

LFGY has higher volatility (11.63%) compared to XBTY (4.33%). In terms of maximum drawdown, XBTY dropped -49.03% vs LFGY's -35.94%.

Which ETF is better, XBTY or LFGY?

On 1-year performance, LFGY leads with -8.29% vs -45.20% for XBTY. On fees, XBTY is cheaper at 0.99% per year. On volatility, XBTY has been the lower-risk option at 4.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XBTY or LFGY?

Over the 1-year period, LFGY has performed better with a -8.29% return vs -45.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XBTY or LFGY?

XBTY is cheaper with a 0.99% expense ratio, compared with 1.02% for LFGY.

Which ETF pays a higher dividend yield, XBTY or LFGY?

XBTY has the higher dividend yield at 211.51%, compared with 87.37% for LFGY.

What is the main difference between XBTY and LFGY?

They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 0.99% for XBTY and 1.02% for LFGY.

Which has better risk-adjusted returns?

LFGY currently has the higher Sharpe Ratio (-0.21 vs -1.67), 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.