CONY vs NFLY
YieldMax COIN Option Income Strategy ETF vs YieldMax NFLX Option Income Strategy ETF
Which is better, CONY or NFLY?
NFLY has been ahead.
NFLY has a lower expense ratio. NFLY 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 | CONY | NFLY |
|---|---|---|
| Expense Ratio | 1.04% | 1.01%Best |
| AUM | $381M | $34M |
| Dividend Yield | 119.91% | 64.35% |
| Holdings | 17 | 22 |
| YTD Return | -21.83% | -21.81%Best |
| 1Y Return | -42.68% | -38.72%Best |
| 3Y Return (annualized) | +9.76% | +17.49%Best |
| Volatility (annualized) | 60.7% | 27.5%Best |
| Max Drawdown | -63.6% | -45.1%Best |
| $10,000 over 3.2 years | $13,425 | $13,760Best |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 14, 2023 | Aug 7, 2023 |
Not shown on this pair: 5Y Return (annualized), 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).
CONY vs NFLY 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.
CONY vs NFLY Performance
YieldMax COIN Option Income Strategy ETF (CONY) is an ETF from YieldMax ETF and YieldMax NFLX Option Income Strategy ETF (NFLY) is an ETF from YieldMax ETF. Over the past year CONY returned -42.68% while NFLY returned -38.72%. Year to date, CONY is down 21.83% versus a loss of 21.81% for NFLY.
Over three years, CONY compounded at +9.76% per year against +17.49% for NFLY.
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 27.5% for NFLY. 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 -63.6% for CONY and -45.1% for NFLY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CONY charges 1.04% per year while NFLY charges 1.01%. On a $10,000 position that is $104 vs $101 annually, a gap of $3 per year that compounds over a long holding period. On income, CONY currently yields 119.91% against 64.35% for NFLY.
Holdings Overlap
We hold position weights for 2 holdings in CONY and 1 in NFLY, totalling 27.7% and 27.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in CONY and 1 in NFLY, against full books of 17 and 22.
You are not choosing between two funds in isolation.
Whichever of CONY and NFLY 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, CONY or NFLY?
CONY has an expense ratio of 1.04% while NFLY charges 1.01%. NFLY is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, CONY or NFLY?
Over the past year CONY returned -42.68% vs -38.72% for NFLY, so NFLY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CONY or NFLY?
CONY has been the more volatile fund at 60.7% annualized versus 27.5% for NFLY. Worst drawdown: CONY -63.6% vs NFLY -45.1%.
Should I hold both CONY and NFLY?
CONY and NFLY have a monthly-return correlation of 0.41, 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, CONY or NFLY?
CONY yields 119.91% while NFLY yields 64.35%, so CONY currently pays the higher dividend yield.
Is NFLY better than CONY?
NFLY has a lower expense ratio. NFLY 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.