XEY vs. BUYW
XEY (GraniteShares YieldBOOST Ether ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. At a 0.10 correlation, their price movements are largely independent. XEY charges 1.07%/yr vs 1.29%/yr for BUYW.
Performance
XEY vs. BUYW - Performance Comparison
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Returns By Period
XEY
- 1D
- 0.10%
- 1M
- -2.06%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BUYW
- 1D
- -0.21%
- 1M
- 0.57%
- 6M
- 4.34%
- YTD
- 4.34%
- 1Y
- 8.74%
- 3Y*
- 8.49%
- 5Y*
- —
- 10Y*
- —
XEY vs. BUYW - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
XEY GraniteShares YieldBOOST Ether ETF | -8.68% |
BUYW Main Buywrite ETF | 2.35% |
Correlation
The correlation between XEY and BUYW is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 28, 2026 | 0.10 |
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Return for Risk
XEY vs. BUYW — Risk / Return Rank
XEY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BUYW
XEY vs. BUYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Ether ETF (XEY) and Main Buywrite ETF (BUYW). 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.
| XEY | BUYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.39 | — |
| Martin ratioReturn relative to average drawdown | — | 18.04 | — |
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Drawdowns
XEY vs. BUYW - Drawdown Comparison
The maximum XEY drawdown since its inception was -15.60%, which is greater than BUYW's maximum drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for XEY and BUYW.
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Drawdown Indicators
| XEY | BUYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.60% | -9.36% | -6.24% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.36% | — |
Current DrawdownCurrent decline from peak | -11.61% | -0.48% | -11.13% |
Average DrawdownAverage peak-to-trough decline | -7.44% | -0.59% | -6.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.49% | — |
Volatility
XEY vs. BUYW - Volatility Comparison
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Volatility by Period
| XEY | BUYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.28% | 4.85% | +11.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.28% | 8.37% | +7.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.28% | 8.37% | +7.91% |
XEY vs. BUYW - Expense Ratio Comparison
XEY has a 1.07% expense ratio, which is lower than BUYW's 1.29% expense ratio.
Dividends
XEY vs. BUYW - Dividend Comparison
XEY's dividend yield for the trailing twelve months is around 14.12%, more than BUYW's 5.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BUYW Main Buywrite ETF | 5.90% | 5.89% | 5.93% | 5.95% | 0.50% |
XEY GraniteShares YieldBOOST Ether ETF | 14.12% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XEY and BUYW have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEY is cheaper with a 1.07% expense ratio, compared with 1.29% for BUYW.
XEY has the higher dividend yield at 14.12%, compared with 5.90% for BUYW.
They also come from different issuers: GraniteShares and Main Funds. Their fees differ too: 1.07% for XEY and 1.29% for BUYW.
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