YBMN vs. GLDY
YBMN (Defiance BMNR Option Income ETF) and GLDY (Defiance Gold Enhanced Options Income ETF) are both Derivative Income funds from Defiance. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. YBMN charges 0.85%/yr vs 0.99%/yr for GLDY.
Performance
YBMN vs. GLDY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, YBMN achieves a -27.39% return, which is significantly lower than GLDY's -2.30% return.
YBMN
- 1D
- -5.25%
- 1M
- -21.70%
- YTD
- -27.39%
- 6M
- -38.33%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLDY
- 1D
- -0.58%
- 1M
- -1.38%
- YTD
- -2.30%
- 6M
- -0.58%
- 1Y
- 13.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YBMN vs. GLDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YBMN Defiance BMNR Option Income ETF | -27.39% | -2.52% |
GLDY Defiance Gold Enhanced Options Income ETF | -2.30% | 3.78% |
Correlation
The correlation between YBMN and GLDY is 0.24, 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 Nov 26, 2025 | 0.24 |
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
YBMN vs. GLDY — Risk / Return Rank
YBMN
GLDY
YBMN vs. GLDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance BMNR Option Income ETF (YBMN) and Defiance Gold Enhanced Options Income ETF (GLDY). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| YBMN | GLDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.61 | 0.56 | -1.17 |
Drawdowns
YBMN vs. GLDY - Drawdown Comparison
The maximum YBMN drawdown since its inception was -50.99%, which is greater than GLDY's maximum drawdown of -13.43%. Use the drawdown chart below to compare losses from any high point for YBMN and GLDY.
Loading charts...
Drawdown Indicators
| YBMN | GLDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.99% | -13.43% | -37.56% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.43% | — |
Current DrawdownCurrent decline from peak | -46.98% | -13.12% | -33.86% |
Average DrawdownAverage peak-to-trough decline | -30.96% | -3.91% | -27.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.61% | — |
Volatility
YBMN vs. GLDY - Volatility Comparison
Loading charts...
Volatility by Period
| YBMN | GLDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.56% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.27% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 80.34% | 19.87% | +60.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.34% | 19.58% | +60.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.34% | 19.58% | +60.76% |
YBMN vs. GLDY - Expense Ratio Comparison
YBMN has a 0.85% expense ratio, which is lower than GLDY's 0.99% expense ratio.
Dividends
YBMN vs. GLDY - Dividend Comparison
YBMN's dividend yield for the trailing twelve months is around 46.07%, which matches GLDY's 46.42% yield.
| Position | TTM | 2025 |
|---|---|---|
GLDY Defiance Gold Enhanced Options Income ETF | 46.42% | 37.38% |
YBMN Defiance BMNR Option Income ETF | 46.07% | 6.80% |
Frequently Asked Questions
YBMN and GLDY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, YBMN is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.
YBMN is cheaper with a 0.85% expense ratio, compared with 0.99% for GLDY.
GLDY has the higher dividend yield at 46.42%, compared with 46.07% for YBMN.
Their fees differ too: 0.85% for YBMN and 0.99% for GLDY.
Find the right allocation for YBMN and GLDY
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