ETHU vs SMCY
2x Ether ETF vs YieldMax SMCI Option Income Strategy ETF
Which is better, ETHU or SMCY?
SMCY has been ahead.
SMCY has a lower expense ratio. SMCY 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 | ETHU | SMCY |
|---|---|---|
| Expense Ratio | 2.97% | 1.01%Best |
| AUM | $1.1B | $135M |
| Dividend Yield | 1.52% | 123.46% |
| Holdings | 4 | 28 |
| YTD Return | -58.60% | +0.31%Best |
| 1Y Return | -78.27% | -35.31%Best |
| Volatility (annualized) | 158.2% | 69.9%Best |
| Max Drawdown | -95.4% | -64.8%Best |
| $10,000 over 2.1 years | $2,601 | $5,951Best |
| Fund Family | Volatility Shares, LLC | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 4, 2024 | Sep 11, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), 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 15, 2026 (2.1 years).
ETHU 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.
ETHU vs SMCY Performance
2x Ether ETF (ETHU) is an ETF from Volatility Shares, LLC and YieldMax SMCI Option Income Strategy ETF (SMCY) is an ETF from YieldMax ETF. Over the past year ETHU returned -78.27% while SMCY returned -35.31%. Year to date, ETHU is down 58.60% versus a gain of 0.31% for SMCY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETHU has been the more volatile fund, with annualized monthly volatility of 158.2% compared with 69.9% for SMCY. 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 -95.4% for ETHU 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 0.21. They move largely independently of each other.
Fees and Cost Over Time
ETHU charges 2.97% per year while SMCY charges 1.01%. On a $10,000 position that is $297 vs $101 annually, a gap of $196 per year that compounds over a long holding period. On income, ETHU currently yields 1.52% against 123.46% for SMCY.
You are not choosing between two funds in isolation.
Whichever of ETHU 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, ETHU or SMCY?
ETHU has an expense ratio of 2.97% while SMCY charges 1.01%. SMCY is the cheaper option, by $196 a year on a $10,000 investment.
Which performed better, ETHU or SMCY?
Over the past year ETHU returned -78.27% vs -35.31% for SMCY, so SMCY leads on 1-year performance. Over the longest common window we track (2 years), ETHU annualized -47.34% vs -21.90% for SMCY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ETHU or SMCY?
ETHU has been the more volatile fund at 158.2% annualized versus 69.9% for SMCY. Worst drawdown: ETHU -95.4% vs SMCY -64.8%.
Should I hold both ETHU and SMCY?
ETHU and SMCY have a monthly-return correlation of 0.21, 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, ETHU or SMCY?
ETHU yields 1.52% while SMCY yields 123.46%, so SMCY currently pays the higher dividend yield.
Is SMCY better than ETHU?
SMCY has a lower expense ratio. SMCY 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.