YMAG vs. KHYB
Compare and contrast key facts about YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and KraneShares Asia Pacific High Income Bond ETF (KHYB).
YMAG and KHYB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024. KHYB is a passively managed fund by KraneShares that tracks the performance of the JP Morgan Asia Credit Index Non-Investment Grade Corporate Index.. It was launched on Jun 26, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YMAG or KHYB.
Correlation
The correlation between YMAG and KHYB is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
YMAG vs. KHYB - Performance Comparison
Key characteristics
YMAG:
0.20
KHYB:
1.88
YMAG:
0.39
KHYB:
2.44
YMAG:
1.05
KHYB:
1.42
YMAG:
0.21
KHYB:
0.42
YMAG:
0.64
KHYB:
9.27
YMAG:
6.76%
KHYB:
0.78%
YMAG:
21.74%
KHYB:
3.85%
YMAG:
-20.91%
KHYB:
-33.63%
YMAG:
-20.91%
KHYB:
-10.63%
Returns By Period
In the year-to-date period, YMAG achieves a -17.36% return, which is significantly lower than KHYB's 1.02% return.
YMAG
-17.36%
-8.83%
-6.71%
4.15%
N/A
N/A
KHYB
1.02%
-0.46%
0.21%
7.03%
-0.01%
N/A
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YMAG vs. KHYB - Expense Ratio Comparison
YMAG has a 1.28% expense ratio, which is higher than KHYB's 0.69% expense ratio.
Risk-Adjusted Performance
YMAG vs. KHYB — Risk-Adjusted Performance Rank
YMAG
KHYB
YMAG vs. KHYB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and KraneShares Asia Pacific High Income Bond ETF (KHYB). 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.
Dividends
YMAG vs. KHYB - Dividend Comparison
YMAG's dividend yield for the trailing twelve months is around 52.81%, more than KHYB's 10.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 52.81% | 35.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KHYB KraneShares Asia Pacific High Income Bond ETF | 10.30% | 10.11% | 15.56% | 9.67% | 6.22% | 4.76% | 4.93% | 2.56% |
Drawdowns
YMAG vs. KHYB - Drawdown Comparison
The maximum YMAG drawdown since its inception was -20.91%, smaller than the maximum KHYB drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for YMAG and KHYB. For additional features, visit the drawdowns tool.
Volatility
YMAG vs. KHYB - Volatility Comparison
YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has a higher volatility of 11.04% compared to KraneShares Asia Pacific High Income Bond ETF (KHYB) at 1.12%. This indicates that YMAG's price experiences larger fluctuations and is considered to be riskier than KHYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.