CONY vs HF
YieldMax COIN Option Income Strategy ETF vs DGA Core Plus Absolute Return ETF
Which is better, CONY or HF?
Each has led over a different period.
CONY has a lower expense ratio. CONY led over the full window, HF over 1Y.
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 | CONY | HF |
|---|---|---|
| Expense Ratio | 1.04%Best | 1.70% |
| AUM | $381M | $21M |
| Dividend Yield | 119.91% | 0.89% |
| Holdings | 17 | 57 |
| Volatility (annualized) | 69.5% | 7.3%Best |
| Max Drawdown | -37.7% | -3.9%Best |
| $10,000 over 1.3 years | $26,471Best | $11,640 |
| Fund Family | YieldMax ETF | Days Global Advisors |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 14, 2023 | Aug 2, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 671 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. CONY has data through Oct 14, 2026 and HF through Dec 12, 2024.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Aug 15, 2023 to Dec 12, 2024 (1.3 years).
Risk: Volatility and Drawdowns
CONY has been the more volatile fund, with annualized monthly volatility of 69.5% compared with 7.3% for HF. 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 -37.7% for CONY and -3.9% for HF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CONY charges 1.04% per year while HF charges 1.70%. On a $10,000 position that is $104 vs $170 annually, a gap of $66 per year that compounds over a long holding period. On income, CONY currently yields 119.91% against 0.89% for HF.
Holdings Overlap
At least 49.8% of HF's money is in holdings CONY also owns.
Stated as a floor: for CONY, our book for it covers 27.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
1 positions in common, counted across the 2 positions we hold weights for in CONY and 16 in HF, against full books of 17 and 57.
Top Shared Holdings
| Stock | Weight in CONY | Weight in HF | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 2.81% | 49.75% | 46.94% |
49.8% of HF is already inside CONY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CONY or HF?
CONY has an expense ratio of 1.04% while HF charges 1.70%. CONY is the cheaper option, by $66 a year on a $10,000 investment.
Which is riskier, CONY or HF?
CONY has been the more volatile fund at 69.5% annualized versus 7.3% for HF. Worst drawdown: CONY -37.7% vs HF -3.9%.
Should I hold both CONY and HF?
CONY and HF have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CONY and HF?
At least 49.8% of HF's money is in holdings CONY also owns. Our book for CONY is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 2 positions we hold weights for in CONY and 16 in HF.
Which pays a higher dividend, CONY or HF?
CONY yields 119.91% while HF yields 0.89%, so CONY currently pays the higher dividend yield.
Is HF better than CONY?
CONY has a lower expense ratio. CONY led over the full window, HF over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.