YETH vs. LFGY

Last updated Jul 21, 2026

YETH (Roundhill Ether Covered Call Strategy ETF) and LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, YETH returned -37.52% vs -9.94% for LFGY. A 0.66 correlation means they provide meaningful diversification when combined. YETH charges 0.95%/yr vs 1.02%/yr for LFGY.

Performance

YETH vs. LFGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Ether Covered Call Strategy ETF (YETH) 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, YETH achieves a -29.17% return, which is significantly lower than LFGY's 8.72% return.

YETH

• 1D: 2.16%
• 1M: 9.78%
• 6M: -33.82%
• YTD: -29.17%
• 1Y: -37.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -23.46%

LFGY

• 1D: 3.97%
• 1M: -9.03%
• 6M: -2.03%
• YTD: 8.72%
• 1Y: -9.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -0.96%

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

YETH vs. LFGY - Yearly Performance Comparison

	2026 (YTD)	2025
YETH Roundhill Ether Covered Call Strategy ETF	-29.17%	-30.07%
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	8.72%	-9.35%

Correlation

The correlation between YETH and LFGY is 0.66, 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	0.66
Correlation (All Time) Calculated using the full available price history since Jan 14, 2025	0.66

The correlation between YETH and LFGY has been stable across timeframes, ranging from 0.66 to 0.66 - a consistent structural relationship.

Return for Risk

YETH vs. LFGY — Risk / Return Rank

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

YETH

YETH Risk / Return Rank: 5
YETH Sharpe Ratio Rank: 4
YETH Sortino Ratio Rank: 5
YETH Omega Ratio Rank: 5
YETH Calmar Ratio Rank: 4
YETH Martin Ratio Rank: 5

LFGY

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

YETH vs. LFGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Ether Covered Call Strategy ETF (YETH) 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.

	YETH	LFGY	Difference
Sharpe ratio: Return per unit of total volatility	-0.65	-0.25	-0.40
Sortino ratio: Return per unit of downside risk	-0.70	-0.09	-0.61
Omega ratio: Gain probability vs. loss probability	0.91	0.99	-0.08
Calmar ratio: Return relative to maximum drawdown	-0.64	-0.28	-0.36
Martin ratio: Return relative to average drawdown	-1.03	-0.58	-0.45

YETH vs. LFGY - Sharpe Ratio Comparison

The current YETH Sharpe Ratio is -0.65, which is lower than the LFGY Sharpe Ratio of -0.25. The chart below compares the historical Sharpe Ratios of YETH 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

YETH vs. LFGY - Drawdown Comparison

The maximum YETH drawdown since its inception was -64.41%, which is greater than LFGY's maximum drawdown of -35.94%. Use the drawdown chart below to compare losses from any high point for YETH and LFGY.

Drawdown Indicators

	YETH	LFGY	Difference
Max Drawdown Largest peak-to-trough decline	-64.41%	-35.94%	-28.47%
Max Drawdown (1Y) Largest decline over 1 year	-58.73%	-35.94%	-22.79%
Current Drawdown Current decline from peak	-56.73%	-16.95%	-39.78%
Average Drawdown Average peak-to-trough decline	-32.83%	-14.06%	-18.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.32%	17.19%	+19.13%

Volatility

YETH vs. LFGY - Volatility Comparison

The current volatility for Roundhill Ether Covered Call Strategy ETF (YETH) is 10.41%, while YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) has a volatility of 11.39%. This indicates that YETH 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

	YETH	LFGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.41%	11.39%	-0.98%
Volatility (6M) Calculated over the trailing 6-month period	40.19%	32.38%	+7.81%
Volatility (1Y) Calculated over the trailing 1-year period	57.84%	39.55%	+18.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.15%	42.27%	+12.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.15%	42.27%	+12.88%

YETH vs. LFGY - Expense Ratio Comparison

YETH has a 0.95% expense ratio, which is lower than LFGY's 1.02% expense ratio.

Dividends

YETH vs. LFGY - Dividend Comparison

YETH's dividend yield for the trailing twelve months is around 124.40%, more than LFGY's 85.09% yield.

Position	TTM	2025	2024
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	85.09%	94.90%	0.00%
YETH Roundhill Ether Covered Call Strategy ETF	124.40%	109.12%	20.52%

Frequently Asked Questions

Can I hold both YETH and LFGY in my portfolio?

YETH and LFGY have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YETH or LFGY?

LFGY has higher volatility (11.39%) compared to YETH (10.41%). In terms of maximum drawdown, YETH dropped -64.41% vs LFGY's -35.94%.

Which ETF is better, YETH or LFGY?

On 1-year performance, LFGY leads with -9.94% vs -37.52% for YETH. On fees, YETH is cheaper at 0.95% per year. On volatility, YETH has been the lower-risk option at 10.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YETH or LFGY?

Over the 1-year period, LFGY has performed better with a -9.94% return vs -37.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YETH or LFGY?

YETH is cheaper with a 0.95% expense ratio, compared with 1.02% for LFGY.

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

YETH has the higher dividend yield at 124.40%, compared with 85.09% for LFGY.

What is the main difference between YETH and LFGY?

They also come from different issuers: Roundhill and YieldMax. Their fees differ too: 0.95% for YETH and 1.02% for LFGY.

Which has better risk-adjusted returns?

LFGY currently has the higher Sharpe Ratio (-0.25 vs -0.65), 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.