GDO vs MRNY

Comparison between Western Asset Global Corporate Defined Opportunity Fund Inc (GDO, ETF) and YIELDMAX(R) MRNA OPTION INCOME STRATEGY ETF (MRNY, ETF).

GDO vs MRNY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDO(ETF)	MRNY(ETF)
Net Assets	$88M	$87M
Expense Ratio	N/A	1.00%
Max Drawdown	50.42%	94.55%
Sharpe Ratio	0.24	0.92
5Y Beta	0.32	1.13
5Y Dividends CAGR	5.53%	N/A

Net Assets

Winner

GDO

$88M

MRNY

$87M

Expense Ratio

GDO

N/A

MRNY

1.00%

Max Drawdown

Winner

GDO

50.42%

MRNY

94.55%

Sharpe Ratio

GDO

0.24

Winner

MRNY

0.92

5Y Beta

Winner

GDO

0.32

MRNY

1.13

5Y Dividends CAGR

GDO

5.53%

MRNY

N/A

GDO vs MRNY - Historical Returns

Returns include dividend reinvestment.

Period	GDO	MRNY
1 month	-2.17%	+2.04%
3 months	-1.50%	-7.75%
6 months	-3.55%	+49.58%
1 year	+5.38%	+48.34%
5 years(CAGR)	-0.30%	N/A
10 years(CAGR)	+4.11%	N/A
Max(CAGR)	+4.76%	-25.70%

GDO

-2.17%

Winner

MRNY

+2.04%

Winner

GDO

-1.50%

MRNY

-7.75%

GDO

-3.55%

Winner

MRNY

+49.58%

GDO

+5.38%

Winner

MRNY

+48.34%

5Y(CAGR)

GDO

-0.30%

MRNY

N/A

10Y(CAGR)

GDO

+4.11%

MRNY

N/A

Max(CAGR)

Winner

GDO

+4.76%

MRNY

-25.70%

GDO vs MRNY - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	GDO	MRNY
2026	-5.10%	+41.97%
2025	+18.64%	-36.30%
2024	-1.89%	-61.26%
2023	+8.83%	+19.62%
2022	-20.30%	N/A
2021	+4.94%	N/A
2020	+5.71%	N/A
2019	+29.41%	N/A
2018	-10.61%	N/A
2017	+13.47%	N/A
2016	+17.50%	N/A
2015	-5.86%	N/A
2014	+6.01%	N/A
2013	-5.24%	N/A
2012	+23.68%	N/A
2011	+8.24%	N/A
2010	-2.42%	N/A
2009	-0.15%	N/A

GDO vs MRNY Drawdown Comparison

The maximum drawdown for GDO was -34.56%, occurring on Sep 30, 2022. Recovery took 1080 trading sessions.

The maximum drawdown for MRNY was -82.16%, occurring on Nov 20, 2025. This drawdown has not yet recovered.

The current GDO drawdown is -5.58%. The current MRNY drawdown is -69.01%.

Rank	GDO	MRNY
#1	-34.56% Sep 10, 2021 - Dec 30, 2025	-82.16% May 24, 2024 - Nov 20, 2025
#2	-32.81% Feb 21, 2020 - Oct 9, 2020	-20.83% Jan 8, 2024 - Mar 25, 2024
#3	-15.63% Jan 24, 2013 - Feb 24, 2015	-11.09% Oct 24, 2023 - Dec 11, 2023
#4	-13.67% Dec 17, 2009 - Sep 21, 2010	-6.19% Mar 27, 2024 - Apr 9, 2024
#5	-12.02% Oct 19, 2017 - Feb 27, 2019	-5.56% May 2, 2024 - May 14, 2024
#6	-11.58% Apr 23, 2015 - May 5, 2016	-4.28% Dec 11, 2023 - Dec 14, 2023
#7	-10.90% Jul 1, 2011 - Dec 23, 2011	-3.27% Apr 9, 2024 - Apr 24, 2024
#8	-8.27% Dec 30, 2025 - Mar 30, 2026	-2.50% Dec 19, 2023 - Dec 21, 2023
#9	-7.85% Oct 22, 2012 - Dec 19, 2012	-1.45% Apr 24, 2024 - Apr 26, 2024
#10	-7.27% Nov 5, 2010 - May 10, 2011	-1.42% Mar 25, 2024 - Mar 27, 2024
#11	-6.87% Sep 7, 2016 - Feb 2, 2017	-0.85% Dec 27, 2023 - Dec 29, 2023
#12	-6.85% Feb 12, 2021 - May 17, 2021	-0.72% Apr 29, 2024 - May 1, 2024
#13	-5.42% Oct 9, 2020 - Nov 19, 2020	-0.67% Dec 15, 2023 - Dec 19, 2023
#14	-3.26% Jan 2, 2020 - Feb 19, 2020	-0.55% May 22, 2024 - May 24, 2024
#15	-2.99% Apr 15, 2019 - Jun 17, 2019	-0.16% Jan 2, 2024 - Jan 4, 2024

Correlation

Correlation between GDO and MRNY is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

-101

Dividend Comparison (2010 - 2026)

GDO vs MRNY dividend yield comparison.

Year	GDO	MRNY
2026	5.74%	42.60%
2025	12.40%	145.98%
2024	12.04%	178.49%
2023	9.52%	1.75%
2022	9.49%	0.00%
2021	6.93%	0.00%
2020	6.70%	0.00%
2019	6.65%	0.00%
2018	8.41%	0.00%
2017	7.57%	0.00%
2016	7.96%	0.00%
2015	8.62%	0.00%
2014	7.77%	0.00%
2013	7.78%	0.00%
2012	7.30%	0.00%
2011	8.61%	0.00%
2010	8.70%	0.00%