MRNY vs XDSQ

MRNY vs XDSQ

Which is better, MRNY or XDSQ?

MRNY has been ahead.

XDSQ has a lower expense ratio. MRNY led over 1Y, 3Y and the full window.

Lower Fees: XDSQHigher Returns: MRNY

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

MetricMRNYXDSQ
Expense Ratio1.00%0.79%Best
AUM$243M$71M
Dividend Yield41.90%0.00%
Holdings3121
YTD Return+447.17%Best+8.17%
1Y Return+503.56%Best+13.75%
3Y Return (annualized)+21.31%Best+17.06%
5Y Return (annualized)-+10.19%
Volatility (annualized)98.5%10.3%Best
Max Drawdown-82.2%-19.1%Best
$10,000 over 3 years$17,852Best$16,501
Fund FamilyYieldMax ETFInnovator ETFs Trust
CategoryAlternativeAlternative
StyleMulti AlternativeMulti Alternative
InceptionOct 23, 2023Mar 31, 2021

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 24, 2023 to Oct 14, 2026 (3 years).

MRNY vs XDSQ 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 years both funds cover.

Compare MRNY against instead:MRNY vs SPYMRNY vs QQQMRNY vs VOOMRNY vs VTIXDSQ against:XDSQ vs VXUS

MRNY vs XDSQ Performance

YieldMax MRNA Option Income Strategy ETF (MRNY) is an ETF from YieldMax ETF and Innovator US Equity Accelerated ETF - Quarterly (XDSQ) is an ETF from Innovator ETFs Trust. Over the past year MRNY returned +503.56% while XDSQ returned +13.75%. Year to date, MRNY is up 447.17% versus a gain of 8.17% for XDSQ.

Over three years, MRNY compounded at +21.31% per year against +17.06% for XDSQ.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MRNY has been the more volatile fund, with annualized monthly volatility of 98.5% compared with 10.3% for XDSQ. 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 -82.2% for MRNY and -19.1% for XDSQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at -0.01. They move largely independently of each other.

Fees and Cost Over Time

MRNY charges 1.00% per year while XDSQ charges 0.79%. On a $10,000 position that is $100 vs $79 annually, a gap of $21 per year that compounds over a long holding period. On income, MRNY currently yields 41.90% against 0.00% for XDSQ.

Holdings Overlap

We hold position weights for 2 holdings in MRNY and 1 in XDSQ, totalling 12.8% and 99.9% 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 MRNY and 1 in XDSQ, against full books of 31 and 21.

You are not choosing between two funds in isolation.

Whichever of MRNY and XDSQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

MRNYXDSQ

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Frequently Asked Questions

Which is cheaper, MRNY or XDSQ?

MRNY has an expense ratio of 1.00% while XDSQ charges 0.79%. XDSQ is the cheaper option, by $21 a year on a $10,000 investment.

Which performed better, MRNY or XDSQ?

Over the past year MRNY returned +503.56% vs +13.75% for XDSQ, so MRNY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, MRNY or XDSQ?

MRNY has been the more volatile fund at 98.5% annualized versus 10.3% for XDSQ. Worst drawdown: MRNY -82.2% vs XDSQ -19.1%.

Should I hold both MRNY and XDSQ?

MRNY and XDSQ have a monthly-return correlation of -0.01, 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, MRNY or XDSQ?

MRNY yields 41.90% while XDSQ yields 0.00%, so MRNY currently pays the higher dividend yield.

Is XDSQ better than MRNY?

XDSQ has a lower expense ratio. MRNY 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.