ETHU vs MRNY
2x Ether ETF vs YieldMax MRNA Option Income Strategy ETF
Which is better, ETHU or MRNY?
MRNY has been ahead.
MRNY has a lower expense ratio. MRNY led over 1Y 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 | ETHU | MRNY |
|---|---|---|
| Expense Ratio | 2.97% | 1.00%Best |
| AUM | $1.1B | $243M |
| Dividend Yield | 1.52% | 41.90% |
| Holdings | 4 | 31 |
| YTD Return | -59.38% | +447.17%Best |
| 1Y Return | -79.97% | +503.56%Best |
| 3Y Return (annualized) | - | +21.31% |
| Volatility (annualized) | 153.0% | 109.9%Best |
| Max Drawdown | -96.5% | -80.2%Best |
| $10,000 over 2.4 years | $776 | $13,701Best |
| Fund Family | Volatility Shares, LLC | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 4, 2024 | Oct 23, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 4, 2024 to Oct 14, 2026 (2.4 years).
ETHU vs MRNY 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 2.4 years both funds cover.
ETHU vs MRNY Performance
2x Ether ETF (ETHU) is an ETF from Volatility Shares, LLC and YieldMax MRNA Option Income Strategy ETF (MRNY) is an ETF from YieldMax ETF. Over the past year ETHU returned -79.97% while MRNY returned +503.56%. Year to date, ETHU is down 59.38% versus a gain of 447.17% for MRNY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETHU has been the more volatile fund, with annualized monthly volatility of 153.0% compared with 109.9% for MRNY. 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 -96.5% for ETHU and -80.2% for MRNY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
ETHU charges 2.97% per year while MRNY charges 1.00%. On a $10,000 position that is $297 vs $100 annually, a gap of $197 per year that compounds over a long holding period. On income, ETHU currently yields 1.52% against 41.90% for MRNY.
You are not choosing between two funds in isolation.
Whichever of ETHU and MRNY 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, ETHU or MRNY?
ETHU has an expense ratio of 2.97% while MRNY charges 1.00%. MRNY is the cheaper option, by $197 a year on a $10,000 investment.
Which performed better, ETHU or MRNY?
Over the past year ETHU returned -79.97% vs +503.56% for MRNY, so MRNY leads on 1-year performance. Over the longest common window we track (2 years), ETHU annualized -65.53% vs +14.02% for MRNY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ETHU or MRNY?
ETHU has been the more volatile fund at 153.0% annualized versus 109.9% for MRNY. Worst drawdown: ETHU -96.5% vs MRNY -80.2%.
Should I hold both ETHU and MRNY?
ETHU and MRNY have a monthly-return correlation of 0.19, 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, ETHU or MRNY?
ETHU yields 1.52% while MRNY yields 41.90%, so MRNY currently pays the higher dividend yield.
Is MRNY better than ETHU?
MRNY has a lower expense ratio. MRNY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.