YBIT vs. DBE
YBIT (YieldMax Bitcoin Option Income Strategy ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - YBIT is a Cryptocurrency fund actively managed by YieldMax, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. YBIT is actively managed, while DBE is passively managed. Over the past year, YBIT returned -35.27% vs 84.41% for DBE. At a correlation of -0.03, they often move in opposite directions. YBIT charges 0.99%/yr vs 0.78%/yr for DBE.
Performance
YBIT vs. DBE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YBIT achieves a -24.59% return, which is significantly lower than DBE's 83.68% return.
YBIT
- 1D
- -2.50%
- 1M
- -15.67%
- YTD
- -24.59%
- 6M
- -27.08%
- 1Y
- -35.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DBE
- 1D
- 2.33%
- 1M
- -5.45%
- YTD
- 83.68%
- 6M
- 74.95%
- 1Y
- 84.41%
- 3Y*
- 23.42%
- 5Y*
- 19.66%
- 10Y*
- 12.03%
YBIT vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
YBIT YieldMax Bitcoin Option Income Strategy ETF | -24.59% | -2.49% | -0.09% |
DBE Invesco DB Energy Fund | 83.68% | -2.17% | -5.96% |
Correlation
The correlation between YBIT and DBE is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2024 | -0.03 |
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
YBIT vs. DBE — Risk / Return Rank
YBIT
DBE
YBIT vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Bitcoin Option Income Strategy ETF (YBIT) and Invesco DB Energy Fund (DBE). 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.
| YBIT | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.41 | ||
| Sortino ratioReturn per unit of downside risk | -4.30 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.40 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 5.89 | -6.67 |
| Martin ratioReturn relative to average drawdown | -1.43 | 11.53 | -12.96 |
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
| YBIT | DBE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.98 | 2.43 | -3.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.67 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.35 | 0.09 | -0.45 |
Drawdowns
YBIT vs. DBE - Drawdown Comparison
The maximum YBIT drawdown since its inception was -45.54%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for YBIT and DBE.
Loading charts...
Drawdown Indicators
| YBIT | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.54% | -86.69% | +41.15% |
Max Drawdown (1Y)Largest decline over 1 year | -45.54% | -14.41% | -31.13% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.89% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | -43.10% | -30.27% | -12.83% |
Average DrawdownAverage peak-to-trough decline | -15.12% | -57.31% | +42.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.69% | 7.35% | +17.34% |
Volatility
YBIT vs. DBE - Volatility Comparison
The current volatility for YieldMax Bitcoin Option Income Strategy ETF (YBIT) is 7.77%, while Invesco DB Energy Fund (DBE) has a volatility of 12.95%. This indicates that YBIT experiences smaller price fluctuations and is considered to be less risky than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| YBIT | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.77% | 12.95% | -5.18% |
Volatility (6M)Calculated over the trailing 6-month period | 29.10% | 30.86% | -1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.10% | 34.97% | +1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.63% | 29.39% | +9.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.63% | 28.33% | +10.30% |
YBIT vs. DBE - Expense Ratio Comparison
YBIT has a 0.99% expense ratio, which is higher than DBE's 0.78% expense ratio.
Dividends
YBIT vs. DBE - Dividend Comparison
YBIT's dividend yield for the trailing twelve months is around 101.02%, more than DBE's 2.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.10% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
YBIT YieldMax Bitcoin Option Income Strategy ETF | 101.02% | 88.33% | 60.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
YBIT and DBE 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.
DBE has higher volatility (12.95%) compared to YBIT (7.77%). In terms of maximum drawdown, YBIT dropped -45.54% vs DBE's -86.69%.
On 1-year performance, DBE leads with 84.41% vs -35.27% for YBIT. On fees, DBE is cheaper at 0.78% per year. On volatility, YBIT has been the lower-risk option at 7.77%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DBE has performed better with a 84.41% return vs -35.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DBE is cheaper with a 0.78% expense ratio, compared with 0.99% for YBIT.
YBIT has the higher dividend yield at 101.02%, compared with 2.10% for DBE.
YBIT is categorized as Cryptocurrency, while DBE is Oil & Gas. They also come from different issuers: YieldMax and Invesco. Their fees differ too: 0.99% for YBIT and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (2.43 vs -0.98), 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 YBIT and DBE
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