BDJ vs CONY
Blackrock Enhanced Equity Dividend Trust vs YieldMax COIN Option Income Strategy ETF
Which is better, BDJ or CONY?
BDJ has been ahead.
BDJ has a lower expense ratio. BDJ led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BDJ | CONY |
|---|---|---|
| Expense Ratio | 0.84%Best | 1.04% |
| AUM | $1.9B | $381M |
| Dividend Yield | 8.33% | 119.91% |
| Holdings | 307 | 17 |
| YTD Return | +7.80%Best | -21.83% |
| 1Y Return | +14.27%Best | -42.68% |
| 3Y Return (annualized) | +18.01%Best | +9.76% |
| 5Y Return (annualized) | +8.68% | - |
| Volatility (annualized) | 13.9%Best | 60.7% |
| Max Drawdown | -14.4%Best | -63.6% |
| $10,000 over 3.2 years | $15,679Best | $13,425 |
| Fund Family | BlackRock, Inc. (US) | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 26, 2005 | Aug 14, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 15, 2023 to Oct 14, 2026 (3.2 years).
BDJ vs CONY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
BDJ vs CONY Performance
Blackrock Enhanced Equity Dividend Trust (BDJ) is an ETF from BlackRock, Inc. (US) and YieldMax COIN Option Income Strategy ETF (CONY) is an ETF from YieldMax ETF. Over the past year BDJ returned +14.27% while CONY returned -42.68%. Year to date, BDJ is up 7.80% versus a loss of 21.83% for CONY.
Over three years, BDJ compounded at +18.01% per year against +9.76% for CONY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CONY has been the more volatile fund, with annualized monthly volatility of 60.7% compared with 13.9% for BDJ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.4% for BDJ and -63.6% for CONY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
BDJ charges 0.84% per year while CONY charges 1.04%. On a $10,000 position that is $84 vs $104 annually, a gap of $20 per year that compounds over a long holding period. On income, BDJ currently yields 8.33% against 119.91% for CONY.
Holdings Overlap
We hold position weights for 84 holdings in BDJ and 2 in CONY, totalling 99.3% and 27.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 77 days apart, BDJ as of Jun 30, 2026 and CONY as of Sep 15, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 84 positions we hold weights for in BDJ and 2 in CONY, against full books of 307 and 17.
You are not choosing between two funds in isolation.
Whichever of BDJ and CONY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BDJ or CONY?
BDJ has an expense ratio of 0.84% while CONY charges 1.04%. BDJ is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, BDJ or CONY?
Over the past year BDJ returned +14.27% vs -42.68% for CONY, so BDJ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BDJ or CONY?
CONY has been the more volatile fund at 60.7% annualized versus 13.9% for BDJ. Worst drawdown: BDJ -14.4% vs CONY -63.6%.
Should I hold both BDJ and CONY?
BDJ and CONY have a monthly-return correlation of 0.25, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BDJ or CONY?
BDJ yields 8.33% while CONY yields 119.91%, so CONY currently pays the higher dividend yield.
Is CONY better than BDJ?
BDJ has a lower expense ratio. BDJ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.