BMAY vs SMCY
Innovator US Equity Buffer ETF - May vs YieldMax SMCI Option Income Strategy ETF
Which is better, BMAY or SMCY?
BMAY has been ahead.
BMAY has a lower expense ratio. BMAY led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BMAY | SMCY |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.01% |
| AUM | $239M | $135M |
| Dividend Yield | 0.00% | 123.46% |
| Holdings | 18 | 28 |
| YTD Return | +8.86%Best | +1.15% |
| 1Y Return | +11.65%Best | -33.69% |
| 3Y Return (annualized) | +15.64% | - |
| 5Y Return (annualized) | +8.89% | - |
| Volatility (annualized) | 5.3%Best | 69.8% |
| Max Drawdown | -12.8%Best | -64.8% |
| $10,000 over 2.1 years | $12,592Best | $5,996 |
| Fund Family | Innovator ETFs Trust | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 30, 2020 | Sep 11, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 12, 2024 to Oct 14, 2026 (2.1 years).
BMAY vs SMCY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.1 years both funds cover.
BMAY vs SMCY Performance
Innovator US Equity Buffer ETF - May (BMAY) is an ETF from Innovator ETFs Trust and YieldMax SMCI Option Income Strategy ETF (SMCY) is an ETF from YieldMax ETF. Over the past year BMAY returned +11.65% while SMCY returned -33.69%. Year to date, BMAY is up 8.86% versus a gain of 1.15% for SMCY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMCY has been the more volatile fund, with annualized monthly volatility of 69.8% compared with 5.3% for BMAY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.8% for BMAY and -64.8% for SMCY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BMAY charges 0.79% per year while SMCY charges 1.01%. On a $10,000 position that is $79 vs $101 annually, a gap of $22 per year that compounds over a long holding period. On income, BMAY currently yields 0.00% against 123.46% for SMCY.
You are not choosing between two funds in isolation.
Whichever of BMAY and SMCY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BMAY or SMCY?
BMAY has an expense ratio of 0.79% while SMCY charges 1.01%. BMAY is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, BMAY or SMCY?
Over the past year BMAY returned +11.65% vs -33.69% for SMCY, so BMAY leads on 1-year performance. Over the longest common window we track (2 years), BMAY annualized +11.60% vs -21.62% for SMCY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BMAY or SMCY?
SMCY has been the more volatile fund at 69.8% annualized versus 5.3% for BMAY. Worst drawdown: BMAY -12.8% vs SMCY -64.8%.
Should I hold both BMAY and SMCY?
BMAY and SMCY have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BMAY or SMCY?
BMAY yields 0.00% while SMCY yields 123.46%, so SMCY currently pays the higher dividend yield.
Is SMCY better than BMAY?
BMAY has a lower expense ratio. BMAY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.