BRKC vs. SNOY

Last updated Aug 2, 2026

BRKC (YieldMax BRK.B Option Income Strategy ETF) and SNOY (YieldMax SNOW Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. Over the past year, BRKC returned 4.01% vs 35.92% for SNOY. Their -0.07 correlation means they have often moved in opposite directions in the past. Both charge a 0.99% expense ratio.

Performance

BRKC vs. SNOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax BRK.B Option Income Strategy ETF (BRKC) and YieldMax SNOW Option Income Strategy ETF (SNOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRKC achieves a 1.01% return, which is significantly lower than SNOY's 32.13% return.

BRKC

• 1D: 0.36%
• 1M: 0.20%
• 6M: 4.98%
• YTD: 1.01%
• 1Y: 4.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.54%

SNOY

• 1D: -2.06%
• 1M: 12.09%
• 6M: 48.18%
• YTD: 32.13%
• 1Y: 35.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 41.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRKC YieldMax BRK.B Option Income Strategy ETF	$101.50K	$180.05K	$174.97K
SNOY YieldMax SNOW Option Income Strategy ETF	$2.23M	$1.69M	$1.13M

BRKC vs. SNOY - Yearly Performance Comparison

	2026 (YTD)	2025
BRKC YieldMax BRK.B Option Income Strategy ETF	1.01%	0.76%
SNOY YieldMax SNOW Option Income Strategy ETF	32.13%	2.17%

Correlation

The correlation between BRKC and SNOY is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.08
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	-0.07

Return for Risk

BRKC vs. SNOY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BRKC

BRKC Risk / Return Rank: 18
BRKC Sharpe Ratio Rank: 18
BRKC Sortino Ratio Rank: 17
BRKC Omega Ratio Rank: 18
BRKC Calmar Ratio Rank: 20
BRKC Martin Ratio Rank: 19

SNOY

SNOY Risk / Return Rank: 25
SNOY Sharpe Ratio Rank: 22
SNOY Sortino Ratio Rank: 32
SNOY Omega Ratio Rank: 33
SNOY Calmar Ratio Rank: 20
SNOY Martin Ratio Rank: 19

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BRKC vs. SNOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax BRK.B Option Income Strategy ETF (BRKC) and YieldMax SNOW Option Income Strategy ETF (SNOY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BRKC	SNOY	Difference
Sharpe ratio: Return per unit of total volatility	0.33	0.45	-0.12
Sortino ratio: Return per unit of downside risk	0.53	1.19	-0.66
Omega ratio: Gain probability vs. loss probability	1.07	1.16	-0.09
Calmar ratio: Return relative to maximum drawdown	0.54	0.51	+0.03
Martin ratio: Return relative to average drawdown	1.12	1.13	-0.01

BRKC vs. SNOY - Sharpe Ratio Comparison

The current BRKC Sharpe Ratio is 0.33, which is comparable to the SNOY Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of BRKC and SNOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BRKC vs. SNOY - Drawdown Comparison

The maximum BRKC drawdown since its inception was -7.59%, smaller than the maximum SNOY drawdown of -50.90%. Use the drawdown chart below to compare losses from any high point for BRKC and SNOY.

Drawdown Indicators

	BRKC	SNOY	Difference
Max Drawdown Largest peak-to-trough decline	-7.59%	-50.90%	+43.31%
Max Drawdown (1Y) Largest decline over 1 year	-7.59%	-50.90%	+43.31%
Current Drawdown Current decline from peak	-1.02%	-2.06%	+1.04%
Average Drawdown Average peak-to-trough decline	-3.10%	-12.16%	+9.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.65%	23.11%	-19.46%

Volatility

BRKC vs. SNOY - Volatility Comparison

The current volatility for YieldMax BRK.B Option Income Strategy ETF (BRKC) is 3.07%, while YieldMax SNOW Option Income Strategy ETF (SNOY) has a volatility of 6.86%. This indicates that BRKC experiences smaller price fluctuations and is considered to be less risky than SNOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRKC	SNOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.07%	6.86%	-3.79%
Volatility (6M) Calculated over the trailing 6-month period	9.75%	47.35%	-37.60%
Volatility (1Y) Calculated over the trailing 1-year period	12.59%	58.05%	-45.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.32%	50.80%	-38.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.32%	50.80%	-38.48%

BRKC vs. SNOY - Expense Ratio Comparison

Both BRKC and SNOY have an expense ratio of 0.99%.

Dividends

BRKC vs. SNOY - Dividend Comparison

BRKC's dividend yield for the trailing twelve months is around 22.16%, less than SNOY's 71.03% yield.

Position	TTM	2025	2024
BRKC YieldMax BRK.B Option Income Strategy ETF	22.16%	10.81%	0.00%
SNOY YieldMax SNOW Option Income Strategy ETF	71.03%	84.96%	33.32%

Frequently Asked Questions

Can I hold both BRKC and SNOY in my portfolio?

BRKC and SNOY have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRKC or SNOY?

SNOY has higher volatility (6.86%) compared to BRKC (3.07%). In terms of maximum drawdown, BRKC dropped -7.59% vs SNOY's -50.90%.

Which ETF is better, BRKC or SNOY?

On 1-year performance, SNOY leads with 35.92% vs 4.01% for BRKC. Both ETFs have the same 0.99% expense ratio. On volatility, BRKC has been the lower-risk option at 3.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BRKC or SNOY?

Over the 1-year period, SNOY has performed better with a 35.92% return vs 4.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BRKC or SNOY?

BRKC and SNOY have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, BRKC or SNOY?

SNOY has the higher dividend yield at 71.03%, compared with 22.16% for BRKC.

Which has better risk-adjusted returns?

SNOY currently has the higher Sharpe Ratio (0.45 vs 0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.