CVAR vs FIAT

Comparison between CULTIVAR ETF (CVAR, ETF) and YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF (FIAT, ETF).

CVAR vs FIAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CVAR(ETF)	FIAT(ETF)
Net Assets	$39M	$39M
Expense Ratio	0.87%	1.05%
Max Drawdown	20.48%	91.39%
Sharpe Ratio	0.69	0.28
5Y Beta	0.55	-1.84
P/E Ratio	28.62	N/A
Forward P/E	14.36	N/A
PEG Ratio	-0.23	N/A
5Y EPS CAGR	1.17%	N/A
Debt to Equity	11.33%	N/A
P/S Ratio	1.25	N/A
P/B Ratio	2.06	N/A

Net Assets

CVAR

$39M

Winner

FIAT

$39M

Expense Ratio

Winner

CVAR

0.87%

FIAT

1.05%

Max Drawdown

Winner

CVAR

20.48%

FIAT

91.39%

Sharpe Ratio

Winner

CVAR

0.69

FIAT

0.28

5Y Beta

CVAR

0.55

Winner

FIAT

-1.84

P/E Ratio

CVAR

28.62

FIAT

N/A

Forward P/E

CVAR

14.36

FIAT

N/A

PEG Ratio

CVAR

-0.23

FIAT

N/A

5Y EPS CAGR

CVAR

1.17%

FIAT

N/A

Debt to Equity

CVAR

11.33%

FIAT

N/A

P/S Ratio

CVAR

1.25

FIAT

N/A

P/B Ratio

CVAR

2.06

FIAT

N/A

CVAR vs FIAT - Holdings Comparison

CVAR and FIAT have 1 common holdings. Overlap is -20.48%

CVAR's top 25 holdings weight is 49.41%. FIAT's top 25 holdings weight is 10.68%.

Rank	CVAR	FIAT
#1	UNITED STATES TREASURY BONDS 2.875% (n/a) - 4.15%	COIN US 07/17/26 P200 (n/a) - 23.13%
#2	MARKETAXESS HOLDINGS INC (MKTX) - 3.71%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 9.67%
#3	CORE LABORATORIES INC (CLB) - 3.10%	OTHER ASSETS AND LIABILITIES (n/a) - 1.21%
#4	UNITED STATES TREASURY BONDS 4.625% (n/a) - 3.05%	COIN US 05/22/26 P207.5 (n/a) - 1.04%
#5	HEALTHCARE SERVICES GROUP INC (HCSG) - 2.51%	COIN US 05/22/26 P190 (n/a) - 0.87%
#6	PROTO LABS INC (PRLB) - 2.32%	CASH OFFSET (n/a) - 0.73%
#7	ALEXANDRIA REAL ESTATE EQUITIES INC (ARE) - 2.18%	COIN US 06/18/26 C320 (n/a) - 0.66%
#8	HUMANA INC (HUM) - 2.02%	COIN US 05/22/26 P192.5 (n/a) - 0.55%
#9	SOUTHWEST AIRLINES CO (LUV) - 1.99%	COIN US 05/22/26 P195 (n/a) - 0.39%
#10	ALBEMARLE CORP (ALB) - 1.87%	COIN US 05/29/26 P177.5 (n/a) - 0.32%
#11	THE HERSHEY CO (HSY) - 1.74%	COIN US 06/18/26 C300 (n/a) - 0.21%
#12	QORVO INC (QRVO) - 1.74%	COIN US 05/29/26 P180 (n/a) - 0.19%
#13	NORTHWEST NATURAL HOLDING CO (NWN) - 1.72%	COIN US 05/29/26 P182.5 (n/a) - 0.07%
#14	EVERSOURCE ENERGY (ES) - 1.65%	COIN US 05/22/26 P185 (n/a) - 0.06%
#15	DASSAULT SYSTEMES SE ADR (DASTY) - 1.61%	COIN US 05/22/26 P182.5 (n/a) - 0.03%
#16	KIMBERLY-CLARK CORP (KMB) - 1.58%	US DOLLARS (n/a) - 0.00%
#17	BARRICK MINING CORP (n/a) - 1.51%	COIN US 05/29/26 P190 (n/a) - -0.14%
#18	ILLUMINA INC (ILMN) - 1.46%	COIN US 05/29/26 P187.5 (n/a) - -0.37%
#19	BIOGEN INC (BIIB) - 1.45%	COIN US 05/22/26 P205 (n/a) - -0.50%
#20	PAYCOM SOFTWARE INC (PAYC) - 1.42%	COIN US 05/29/26 P185 (n/a) - -0.65%
#21	NEWMONT CORP (NEM) - 1.41%	COIN US 05/22/26 P212.5 (n/a) - -0.76%
#22	UNITEDHEALTH GROUP INC (UNH) - 1.33%	COIN US 05/22/26 P197.5 (n/a) - -1.14%
#23	PAYPAL HOLDINGS INC (PYPL) - 1.32%	COIN US 05/22/26 P215 (n/a) - -1.61%
#24	GLOBAL PAYMENTS INC (GPN) - 1.29%	COIN US 05/22/26 P200 (n/a) - -2.80%
#25	ADOBE INC (ADBE) - 1.28%	COIN 07/17/2026 200.02 C (n/a) - -20.48%
Total Holdings	88	25

CVAR vs FIAT - Historical Returns

Returns include dividend reinvestment.

Period	CVAR	FIAT
1 month	-0.88%	+20.49%
3 months	-3.61%	+20.47%
6 months	+1.55%	+37.27%
1 year	+11.39%	+1.25%
5 years(CAGR)	+5.55%	N/A
Max(CAGR)	+5.55%	-20.95%

CVAR

-0.88%

Winner

FIAT

+20.49%

CVAR

-3.61%

Winner

FIAT

+20.47%

CVAR

+1.55%

Winner

FIAT

+37.27%

Winner

CVAR

+11.39%

FIAT

+1.25%

5Y(CAGR)

CVAR

+5.55%

FIAT

N/A

Max(CAGR)

Winner

CVAR

+5.55%

FIAT

-20.95%

CVAR vs FIAT - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	CVAR	FIAT
2026	+0.50%	+22.44%
2025	+14.83%	-23.87%
2024	+3.11%	-28.97%
2023	+11.01%	N/A
2022	-6.34%	N/A
2021	+0.71%	N/A

CVAR vs FIAT Drawdown Comparison

The maximum drawdown for CVAR was -19.39%, occurring on Sep 27, 2022. Recovery took 197 trading sessions.

The maximum drawdown for FIAT was -70.67%, occurring on Jul 18, 2025. This drawdown has not yet recovered.

The current CVAR drawdown is -6.42%. The current FIAT drawdown is -48.94%.

Rank	CVAR	FIAT
#1	-19.39% Apr 20, 2022 - Feb 1, 2023	-70.67% Sep 6, 2024 - Jul 18, 2025
#2	-18.68% Feb 2, 2023 - Jul 16, 2024	-15.42% Jul 11, 2024 - Aug 1, 2024
#3	-13.51% Dec 2, 2024 - Jul 1, 2025	-5.43% Aug 12, 2024 - Aug 28, 2024
#4	-8.45% Feb 27, 2026 - Mar 19, 2026	-0.64% Aug 7, 2024 - Aug 12, 2024
#5	-6.66% Oct 27, 2025 - Dec 11, 2025	N/A
#6	-5.75% Jul 17, 2024 - Sep 13, 2024	N/A
#7	-5.42% Jan 14, 2022 - Mar 25, 2022	N/A
#8	-4.37% Jul 23, 2025 - Aug 22, 2025	N/A
#9	-3.64% Oct 18, 2024 - Nov 6, 2024	N/A
#10	-3.35% Oct 3, 2025 - Oct 22, 2025	N/A
#11	-2.78% Nov 11, 2024 - Nov 25, 2024	N/A
#12	-2.59% Jul 10, 2025 - Jul 23, 2025	N/A
#13	-2.49% Mar 29, 2022 - Apr 20, 2022	N/A
#14	-2.38% Jan 26, 2026 - Feb 11, 2026	N/A
#15	-1.68% Sep 30, 2024 - Oct 14, 2024	N/A

Correlation

Correlation between CVAR and FIAT is -0.51 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.51

-101