RAYJ vs AIYY

Comparison between RAYLIANT SMDAM JAPAN EQUITY ETF (RAYJ, ETF) and YIELDMAX(R) AI OPTION INCOME STRATEGY ETF (AIYY, ETF).

RAYJ vs AIYY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RAYJ(ETF)	AIYY(ETF)
Net Assets	$25M	$25M
Expense Ratio	0.72%	0.99%
Max Drawdown	16.60%	95.84%
Sharpe Ratio	1.11	-1.40
5Y Beta	0.79	1.56

Net Assets

RAYJ

$25M

AIYY

$25M

Expense Ratio

Winner

RAYJ

0.72%

AIYY

0.99%

Max Drawdown

Winner

RAYJ

16.60%

AIYY

95.84%

Sharpe Ratio

Winner

RAYJ

1.11

AIYY

-1.40

5Y Beta

Winner

RAYJ

0.79

AIYY

1.56

RAYJ vs AIYY - Historical Returns

Returns include dividend reinvestment.

Period	RAYJ	AIYY
1 month	+1.62%	+7.85%
3 months	+7.40%	+6.16%
6 months	+17.09%	-30.00%
1 year	+31.77%	-56.47%
Max(CAGR)	+24.12%	-40.98%

RAYJ

+1.62%

Winner

AIYY

+7.85%

Winner

RAYJ

+7.40%

AIYY

+6.16%

Winner

RAYJ

+17.09%

AIYY

-30.00%

Winner

RAYJ

+31.77%

AIYY

-56.47%

Max(CAGR)

Winner

RAYJ

+24.12%

AIYY

-40.98%

RAYJ vs AIYY - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	RAYJ	AIYY
2026	+17.69%	-25.07%
2025	+20.33%	-58.87%
2024	+10.11%	-15.10%
2023	N/A	-1.63%

RAYJ vs AIYY Drawdown Comparison

The maximum drawdown for RAYJ was -15.95%, occurring on Apr 7, 2025. Recovery took 106 trading sessions.

The maximum drawdown for AIYY was -79.13%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current RAYJ drawdown is -5.25%. The current AIYY drawdown is -74.84%.

Rank	RAYJ	AIYY
#1	-15.95% Dec 5, 2024 - May 12, 2025	-79.13% Dec 19, 2023 - Mar 27, 2026
#2	-14.00% Feb 27, 2026 - May 6, 2026	-10.61% Dec 1, 2023 - Dec 19, 2023
#3	-13.41% Jul 17, 2024 - Aug 19, 2024	-2.11% Nov 29, 2023 - Dec 1, 2023
#4	-10.72% Sep 26, 2024 - Dec 3, 2024	N/A
#5	-7.44% Nov 10, 2025 - Nov 28, 2025	N/A
#6	-7.13% May 13, 2026 - May 19, 2026	N/A
#7	-6.70% Nov 28, 2025 - Jan 9, 2026	N/A
#8	-6.69% Aug 18, 2025 - Nov 3, 2025	N/A
#9	-6.39% Apr 9, 2024 - Jul 10, 2024	N/A
#10	-5.87% Aug 30, 2024 - Sep 19, 2024	N/A
#11	-5.80% Jul 23, 2025 - Aug 7, 2025	N/A
#12	-4.88% Jun 27, 2025 - Jul 23, 2025	N/A
#13	-2.39% May 27, 2025 - May 30, 2025	N/A
#14	-2.07% Jan 27, 2026 - Feb 6, 2026	N/A
#15	-1.71% Feb 12, 2026 - Feb 24, 2026	N/A

Correlation

Correlation between RAYJ and AIYY is -0.90 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.90

-101