SMCY vs TSPY
YieldMax SMCI Option Income Strategy ETF vs TappAlpha S&P 500 Growth & Daily Income ETF
Which is better, SMCY or TSPY?
TSPY has been ahead.
TSPY has a lower expense ratio. TSPY 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 | SMCY | TSPY |
|---|---|---|
| Expense Ratio | 1.01% | 0.71%Best |
| AUM | $135M | $366M |
| Dividend Yield | 123.46% | 15.20% |
| Holdings | 28 | 3 |
| YTD Return | +1.15% | +10.14%Best |
| 1Y Return | -33.69% | +14.60%Best |
| Volatility (annualized) | 69.8% | 12.4%Best |
| Max Drawdown | -64.8% | -18.0%Best |
| $10,000 over 2.1 years | $5,996 | $13,749Best |
| Fund Family | YieldMax ETF | TappAlpha |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 11, 2024 | Aug 14, 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 14, 2026 (2.1 years).
SMCY vs TSPY 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.
SMCY vs TSPY Performance
YieldMax SMCI Option Income Strategy ETF (SMCY) is an ETF from YieldMax ETF and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha. Over the past year SMCY returned -33.69% while TSPY returned +14.60%. Year to date, SMCY is up 1.15% versus a gain of 10.14% for TSPY.
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 12.4% for TSPY. 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 -64.8% for SMCY and -18.0% for TSPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SMCY charges 1.01% per year while TSPY charges 0.71%. On a $10,000 position that is $101 vs $71 annually, a gap of $30 per year that compounds over a long holding period. On income, SMCY currently yields 123.46% against 15.20% for TSPY.
Holdings Overlap
We hold position weights for 1 holding in SMCY and 2 in TSPY, totalling 37.7% and 99.8% 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 1 positions we hold weights for in SMCY and 2 in TSPY, against full books of 28 and 3.
You are not choosing between two funds in isolation.
Whichever of SMCY and TSPY 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, SMCY or TSPY?
SMCY has an expense ratio of 1.01% while TSPY charges 0.71%. TSPY is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, SMCY or TSPY?
Over the past year SMCY returned -33.69% vs +14.60% for TSPY, so TSPY leads on 1-year performance. Over the longest common window we track (2 years), SMCY annualized -21.62% vs +16.37% for TSPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SMCY or TSPY?
SMCY has been the more volatile fund at 69.8% annualized versus 12.4% for TSPY. Worst drawdown: SMCY -64.8% vs TSPY -18.0%.
Should I hold both SMCY and TSPY?
SMCY and TSPY have a monthly-return correlation of 0.49, 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, SMCY or TSPY?
SMCY yields 123.46% while TSPY yields 15.20%, so SMCY currently pays the higher dividend yield.
Is TSPY better than SMCY?
TSPY has a lower expense ratio. TSPY 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.