MRNY vs GDO

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

MRNY vs GDO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

MRNY

$87M

Winner

GDO

$88M

Expense Ratio

MRNY

1.00%

GDO

N/A

Max Drawdown

MRNY

94.55%

Winner

GDO

50.42%

Sharpe Ratio

Winner

MRNY

0.92

GDO

0.24

5Y Beta

MRNY

1.13

Winner

GDO

0.32

5Y Dividends CAGR

MRNY

N/A

GDO

5.53%

MRNY vs GDO - Historical Returns

Returns include dividend reinvestment.

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

Winner

MRNY

+2.04%

GDO

-2.17%

MRNY

-7.75%

Winner

GDO

-1.50%

Winner

MRNY

+49.58%

GDO

-3.55%

Winner

MRNY

+48.34%

GDO

+5.38%

5Y(CAGR)

MRNY

N/A

GDO

-0.30%

10Y(CAGR)

MRNY

N/A

GDO

+4.11%

Max(CAGR)

MRNY

-25.70%

Winner

GDO

+4.76%

MRNY vs GDO - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

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

MRNY vs GDO Drawdown Comparison

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

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

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

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

Correlation

Correlation between MRNY and GDO 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)

MRNY vs GDO dividend yield comparison.

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