DVQQ vs DRAY

Comparison between WEBs Defined Volatility QQQ ETF (DVQQ, ETF) and YIELDMAX(R) DKNG OPTION INCOME STRATEGY ETF (DRAY, ETF).

DVQQ vs DRAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DVQQ(ETF)	DRAY(ETF)
Net Assets	$2.90M	$2.90M
Expense Ratio	0.94%	1.03%
Max Drawdown	25.09%	71.44%
Sharpe Ratio	1.35	0.87
5Y Beta	1.19	0.67

Net Assets

DVQQ

$2.90M

DRAY

$2.90M

Expense Ratio

Winner

DVQQ

0.94%

DRAY

1.03%

Max Drawdown

Winner

DVQQ

25.09%

DRAY

71.44%

Sharpe Ratio

Winner

DVQQ

1.35

DRAY

0.87

5Y Beta

DVQQ

1.19

Winner

DRAY

0.67

DVQQ vs DRAY - Holdings Comparison

DVQQ and DRAY have 0 common holdings. Overlap is 0.00%

DVQQ's top 25 holdings weight is 44.62%. DRAY's top 25 holdings weight is 7.36%.

Rank	DVQQ	DRAY
#1	INVESCO QQQ TRUST (QQQ) - 44.62%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 7.36%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

DVQQ vs DRAY - Historical Returns

Returns include dividend reinvestment.

Period	DVQQ	DRAY
1 month	+4.63%	+1.77%
3 months	+15.31%	+5.74%
6 months	+9.39%	-28.41%
1 year	+40.71%	-42.75%
5 years(CAGR)	N/A	+24.43%
Max(CAGR)	+15.10%	+24.43%

Winner

DVQQ

+4.63%

DRAY

+1.77%

Winner

DVQQ

+15.31%

DRAY

+5.74%

Winner

DVQQ

+9.39%

DRAY

-28.41%

Winner

DVQQ

+40.71%

DRAY

-42.75%

5Y(CAGR)

DVQQ

N/A

DRAY

+24.43%

Max(CAGR)

DVQQ

+15.10%

Winner

DRAY

+24.43%

DVQQ vs DRAY - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	DVQQ	DRAY
2026	+13.16%	-30.76%
2025	+18.32%	-19.31%
2024	-7.61%	N/A
2023	N/A	+0.39%
2022	N/A	+4.09%
2021	N/A	-2.48%

DVQQ vs DRAY Drawdown Comparison

The maximum drawdown for DVQQ was -25.09%, occurring on Apr 8, 2025. Recovery took 159 trading sessions.

The maximum drawdown for DRAY was -57.86%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current DVQQ drawdown is -7.52%. The current DRAY drawdown is -48.54%.

Rank	DVQQ	DRAY
#1	-25.09% Dec 17, 2024 - Aug 8, 2025	-57.86% Aug 28, 2025 - Mar 27, 2026
#2	-17.89% Oct 29, 2025 - May 5, 2026	-5.03% Aug 7, 2025 - Aug 18, 2025
#3	-7.52% Jun 2, 2026 - Jun 5, 2026	-4.85% Aug 26, 2021 - Nov 28, 2022
#4	-7.17% Oct 8, 2025 - Oct 27, 2025	-3.03% Jul 30, 2025 - Aug 7, 2025
#5	-5.02% Aug 13, 2025 - Sep 11, 2025	-2.27% Jul 25, 2025 - Jul 30, 2025
#6	-3.55% May 14, 2026 - May 26, 2026	-1.29% Aug 18, 2025 - Aug 20, 2025
#7	-3.01% Sep 22, 2025 - Oct 1, 2025	-0.73% Jul 23, 2025 - Jul 25, 2025
#8	-1.29% May 11, 2026 - May 13, 2026	-0.44% Jul 15, 2025 - Jul 17, 2025
#9	-1.21% Oct 6, 2025 - Oct 8, 2025	-0.28% Jul 17, 2025 - Jul 21, 2025
#10	-0.80% Oct 2, 2025 - Oct 6, 2025	-0.21% Aug 22, 2025 - Aug 26, 2025
#11	-0.69% Aug 8, 2025 - Aug 12, 2025	-0.20% Dec 19, 2022 - Dec 28, 2022
#12	-0.63% Sep 15, 2025 - Sep 18, 2025	-0.10% Dec 15, 2022 - Dec 19, 2022
#13	-0.19% May 6, 2026 - May 8, 2026	-0.05% Dec 29, 2022 - Jan 5, 2023
#14	-0.12% May 26, 2026 - May 28, 2026	-0.04% Aug 26, 2025 - Aug 28, 2025

Correlation

Correlation between DVQQ and DRAY is -0.49 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.49

-101