YBIT vs TMLP

Comparison between YIELDMAX(R) BITCOIN OPTION INCOME STRATEGY ETF (YBIT, ETF) and Tortoise MLP ETF (TMLP, ETF).

YBIT vs TMLP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	YBIT(ETF)	TMLP(ETF)
Net Assets	$45M	$45M
Expense Ratio	1.02%	0.50%
Max Drawdown	83.22%	8.76%
Sharpe Ratio	-0.73	2.16
5Y Beta	0.99	-0.26

Net Assets

Winner

YBIT

$45M

TMLP

$45M

Expense Ratio

YBIT

1.02%

Winner

TMLP

0.50%

Max Drawdown

YBIT

83.22%

Winner

TMLP

8.76%

Sharpe Ratio

YBIT

-0.73

Winner

TMLP

2.16

5Y Beta

YBIT

0.99

Winner

TMLP

-0.26

YBIT vs TMLP - Holdings Comparison

YBIT and TMLP have 0 common holdings. Overlap is 0.00%

YBIT's top 25 holdings weight is 0.27%. TMLP's top 25 holdings weight is 101.65%.

Rank	YBIT	TMLP
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.27%	TORTOISE MLP TOTAL RETURN INDEX SWAP GS-L (n/a) - 50.90%
#2	N/A	HESS MIDSTREAM LP CLASS A (HESM) - 5.71%
#3	N/A	WILLIAMS COMPANIES INC (WMB) - 5.55%
#4	N/A	TARGA RESOURCES CORP (TRGP) - 5.35%
#5	N/A	TC ENERGY CORP (n/a) - 3.82%
#6	N/A	U.S. BANK MONEY MARKET DEPOSIT ACCOUNT (n/a) - 3.66%
#7	N/A	ONEOK INC (OKE) - 3.28%
#8	N/A	CHENIERE ENERGY INC (LNG) - 3.24%
#9	N/A	PLAINS ALL AMERICAN PIPELINE LP (PAA) - 2.40%
#10	N/A	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 2.22%
#11	N/A	ENERGY TRANSFER LP (ET) - 2.19%
#12	N/A	ENBRIDGE INC (ENB) - 2.11%
#13	N/A	WESTERN MIDSTREAM PARTNERS LP (WES) - 2.00%
#14	N/A	MPLX LP PARTNERSHIP UNITS (MPLX) - 2.00%
#15	N/A	CHENIERE ENERGY PARTNERS LP (CQP) - 1.56%
#16	N/A	SUNOCO LP (SUN) - 1.48%
#17	N/A	DT MIDSTREAM INC ORDINARY SHARES (DTM) - 1.09%
#18	N/A	ANTERO MIDSTREAM CORP (AM) - 0.92%
#19	N/A	KODIAK GAS SERVICES INC (KGS) - 0.90%
#20	N/A	EXCELERATE ENERGY INC CLASS A (EE) - 0.53%
#21	N/A	KINDER MORGAN INC CLASS P (KMI) - 0.51%
#22	N/A	PEMBINA PIPELINE CORP (n/a) - 0.25%
#23	N/A	KINETIK HOLDINGS INC (KNTK) - 0.18%
#24	N/A	US DOLLARS (n/a) - 0.00%
#25	N/A	OTHER ASSETS AND LIABILITIES (n/a) - -0.20%
Total Holdings	1	26

YBIT vs TMLP - Historical Returns

Returns include dividend reinvestment.

Period	YBIT	TMLP
1 month	+19.08%	+2.68%
3 months	+3.17%	+2.53%
6 months	+18.10%	+10.23%
1 year	-26.02%	N/A
Max(CAGR)	-5.40%	+38.63%

Winner

YBIT

+19.08%

TMLP

+2.68%

Winner

YBIT

+3.17%

TMLP

+2.53%

Winner

YBIT

+18.10%

TMLP

+10.23%

YBIT

-26.02%

TMLP

N/A

Max(CAGR)

YBIT

-5.40%

Winner

TMLP

+38.63%

YBIT vs TMLP - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	YBIT	TMLP
2026	-12.61%	+23.56%
2025	-5.58%	+0.05%
2024	+1.21%	N/A

YBIT vs TMLP Drawdown Comparison

The maximum drawdown for YBIT was -47.19%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for TMLP was -8.55%, occurring on Jun 24, 2026. Recovery took 50 trading sessions.

The current YBIT drawdown is -32.78%. The current TMLP drawdown is -0.71%.

Rank	YBIT	TMLP
#1	-47.19% Oct 6, 2025 - Jun 30, 2026	-8.55% May 19, 2026 - Jul 31, 2026
#2	-28.39% Jun 3, 2024 - Nov 15, 2024	-6.20% Mar 26, 2026 - Apr 30, 2026
#3	-22.21% Dec 17, 2024 - May 13, 2025	-2.45% May 4, 2026 - May 12, 2026
#4	-10.51% Apr 23, 2024 - May 22, 2024	-2.00% Mar 2, 2026 - Mar 19, 2026
#5	-9.71% Aug 13, 2025 - Oct 6, 2025	-1.77% Jul 31, 2026 - Aug 10, 2026
#6	-7.57% Nov 22, 2024 - Dec 17, 2024	-1.68% Jan 2, 2026 - Jan 12, 2026
#7	-5.89% May 22, 2025 - Jul 3, 2025	-1.30% Jan 29, 2026 - Feb 3, 2026
#8	-3.70% Jul 24, 2025 - Aug 11, 2025	-0.76% Aug 12, 2026 - Aug 14, 2026
#9	-2.78% May 28, 2024 - Jun 3, 2024	-0.71% Aug 18, 2026 - Aug 24, 2026
#10	-1.74% Nov 15, 2024 - Nov 19, 2024	-0.63% Apr 30, 2026 - May 4, 2026
#11	-1.51% May 22, 2024 - May 28, 2024	-0.58% Jan 16, 2026 - Jan 22, 2026
#12	-1.47% Jul 14, 2025 - Jul 16, 2025	-0.57% Feb 23, 2026 - Feb 27, 2026
#13	-1.37% Jul 17, 2025 - Jul 22, 2025	-0.52% Mar 24, 2026 - Mar 26, 2026
#14	-1.05% May 13, 2025 - May 16, 2025	-0.35% Jan 14, 2026 - Jan 16, 2026
#15	-0.65% Jul 3, 2025 - Jul 9, 2025	-0.30% Mar 19, 2026 - Mar 23, 2026

Correlation

Correlation between YBIT and TMLP is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

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