GDXY vs MRNY
YieldMax Gold Miners Option Income Strategy ETF vs YieldMax MRNA Option Income Strategy ETF
Which is better, GDXY or MRNY?
Each has led over a different period.
GDXY led over the full window, MRNY 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 | GDXY | MRNY |
|---|---|---|
| Expense Ratio | 1.00%Tie | 1.00%Tie |
| AUM | $306M | $243M |
| Dividend Yield | 81.80% | 41.90% |
| Holdings | 28 | 31 |
| YTD Return | -10.44% | +447.17%Best |
| 1Y Return | -6.69% | +503.56%Best |
| 3Y Return (annualized) | - | +21.31% |
| Volatility (annualized) | 33.4%Best | 108.7% |
| Max Drawdown | -37.0%Best | -82.2% |
| $10,000 over 2.4 years | $14,862Best | $12,165 |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 20, 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: May 21, 2024 to Oct 14, 2026 (2.4 years).
GDXY 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.
GDXY vs MRNY Performance
YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an ETF from YieldMax ETF and YieldMax MRNA Option Income Strategy ETF (MRNY) is an ETF from YieldMax ETF. Over the past year GDXY returned -6.69% while MRNY returned +503.56%. Year to date, GDXY is down 10.44% versus a gain of 447.17% for MRNY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MRNY has been the more volatile fund, with annualized monthly volatility of 108.7% compared with 33.4% for GDXY. 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 -37.0% for GDXY and -82.2% 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 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GDXY charges 1.00% per year while MRNY charges 1.00%. On a $10,000 position that is $100 vs $100 annually. On income, GDXY currently yields 81.80% against 41.90% for MRNY.
Holdings Overlap
We hold position weights for 2 holdings in GDXY and 2 in MRNY, totalling 21.8% and 12.8% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
2 positions in common, counted across the 2 positions we hold weights for in GDXY and 2 in MRNY, against full books of 28 and 31.
Top Shared Holdings
| Stock | Weight in GDXY | Weight in MRNY | Difference |
|---|---|---|---|
| T 2.375 05/15/27United States Treasury Note/Bond 2.375% 05/15/2027 2.375 05/15/2027 | 19.66% | 5.49% | 14.17% |
| FGXXXFirst American Government Obligations Fund | 2.17% | 7.27% | 5.10% |
You are not choosing between two funds in isolation.
Whichever of GDXY 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, GDXY or MRNY?
GDXY has an expense ratio of 1.00% while MRNY charges 1.00%. At the precision these are quoted to, they cost the same.
Which performed better, GDXY or MRNY?
Over the past year GDXY returned -6.69% vs +503.56% for MRNY, so MRNY leads on 1-year performance. Over the longest common window we track (2 years), GDXY annualized +17.95% vs +8.51% for MRNY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDXY or MRNY?
MRNY has been the more volatile fund at 108.7% annualized versus 33.4% for GDXY. Worst drawdown: GDXY -37.0% vs MRNY -82.2%.
Should I hold both GDXY and MRNY?
GDXY and MRNY have a monthly-return correlation of 0.35, 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, GDXY or MRNY?
GDXY yields 81.80% while MRNY yields 41.90%, so GDXY currently pays the higher dividend yield.
Is MRNY better than GDXY?
GDXY led over the full window, MRNY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.