SMCY vs ZJUL
YieldMax SMCI Option Income Strategy ETF vs Innovator Equity Defined Protection ETF - 1 Yr July
Which is better, SMCY or ZJUL?
ZJUL has been ahead.
ZJUL has a lower expense ratio. ZJUL 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 | ZJUL |
|---|---|---|
| Expense Ratio | 1.01% | 0.79%Best |
| AUM | $135M | $194M |
| Dividend Yield | 123.46% | 0.00% |
| Holdings | 28 | 21 |
| YTD Return | +1.15% | +4.45%Best |
| 1Y Return | -33.69% | +5.64%Best |
| Volatility (annualized) | 69.8% | 3.4%Best |
| Max Drawdown | -64.8% | -5.5%Best |
| $10,000 over 2.1 years | $5,996 | $11,491Best |
| Fund Family | YieldMax ETF | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 11, 2024 | Jul 1, 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 ZJUL 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 ZJUL Performance
YieldMax SMCI Option Income Strategy ETF (SMCY) is an ETF from YieldMax ETF and Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL) is an ETF from Innovator ETFs Trust. Over the past year SMCY returned -33.69% while ZJUL returned +5.64%. Year to date, SMCY is up 1.15% versus a gain of 4.45% for ZJUL.
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 3.4% for ZJUL. 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 -5.5% for ZJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SMCY charges 1.01% per year while ZJUL charges 0.79%. On a $10,000 position that is $101 vs $79 annually, a gap of $22 per year that compounds over a long holding period. On income, SMCY currently yields 123.46% against 0.00% for ZJUL.
Holdings Overlap
We hold position weights for 1 holding in SMCY and 1 in ZJUL, totalling 37.7% and 100.1% 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 1 in ZJUL, against full books of 28 and 21.
You are not choosing between two funds in isolation.
Whichever of SMCY and ZJUL 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 ZJUL?
SMCY has an expense ratio of 1.01% while ZJUL charges 0.79%. ZJUL is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, SMCY or ZJUL?
Over the past year SMCY returned -33.69% vs +5.64% for ZJUL, so ZJUL leads on 1-year performance. Over the longest common window we track (2 years), SMCY annualized -21.62% vs +6.84% for ZJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SMCY or ZJUL?
SMCY has been the more volatile fund at 69.8% annualized versus 3.4% for ZJUL. Worst drawdown: SMCY -64.8% vs ZJUL -5.5%.
Should I hold both SMCY and ZJUL?
SMCY and ZJUL have a monthly-return correlation of 0.39, 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 ZJUL?
SMCY yields 123.46% while ZJUL yields 0.00%, so SMCY currently pays the higher dividend yield.
Is ZJUL better than SMCY?
ZJUL has a lower expense ratio. ZJUL 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.