NVDY vs SMCY
YieldMax NVDA Option Income Strategy ETF vs YieldMax SMCI Option Income Strategy ETF
Which is better, NVDY or SMCY?
NVDY has been ahead.
SMCY has a lower expense ratio. NVDY 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 | NVDY | SMCY |
|---|---|---|
| Expense Ratio | 1.09% | 1.01%Best |
| AUM | $1.4B | $135M |
| Dividend Yield | 54.70% | 123.46% |
| Holdings | 32 | 28 |
| YTD Return | +14.23%Best | +0.31% |
| 1Y Return | +21.73%Best | -35.31% |
| 3Y Return (annualized) | +48.90% | - |
| Volatility (annualized) | 28.1%Best | 69.9% |
| Max Drawdown | -33.9%Best | -64.8% |
| $10,000 over 2.1 years | $17,079Best | $5,951 |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 10, 2023 | Sep 11, 2024 |
Not shown on this pair: 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).
NVDY 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.
NVDY vs SMCY Performance
YieldMax NVDA Option Income Strategy ETF (NVDY) is an ETF from YieldMax ETF and YieldMax SMCI Option Income Strategy ETF (SMCY) is an ETF from YieldMax ETF. Over the past year NVDY returned +21.73% while SMCY returned -35.31%. Year to date, NVDY is up 14.23% versus a gain of 0.31% 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 69.9% compared with 28.1% for NVDY. 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 -33.9% for NVDY 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 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDY charges 1.09% per year while SMCY charges 1.01%. On a $10,000 position that is $109 vs $101 annually, a gap of $8 per year that compounds over a long holding period. On income, NVDY currently yields 54.70% against 123.46% for SMCY.
Holdings Overlap
We hold position weights for 2 holdings in NVDY and 1 in SMCY, totalling 20.0% and 37.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in NVDY and 1 in SMCY, against full books of 32 and 28.
You are not choosing between two funds in isolation.
Whichever of NVDY 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, NVDY or SMCY?
NVDY has an expense ratio of 1.09% while SMCY charges 1.01%. SMCY is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, NVDY or SMCY?
Over the past year NVDY returned +21.73% vs -35.31% for SMCY, so NVDY leads on 1-year performance. Over the longest common window we track (2 years), NVDY annualized +29.03% vs -21.90% for SMCY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDY or SMCY?
SMCY has been the more volatile fund at 69.9% annualized versus 28.1% for NVDY. Worst drawdown: NVDY -33.9% vs SMCY -64.8%.
Should I hold both NVDY and SMCY?
NVDY and SMCY have a monthly-return correlation of 0.52, 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, NVDY or SMCY?
NVDY yields 54.70% while SMCY yields 123.46%, so SMCY currently pays the higher dividend yield.
Is SMCY better than NVDY?
SMCY has a lower expense ratio. NVDY 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.