CNCC.TO vs. SMYY

Last updated Jun 5, 2026

CNCC.TO (Global X Canadian S&P/TSX 60 Covered Call ETF) and SMYY (GraniteShares YieldBOOST SMCI ETF) are both Options Trading funds. At a 0.28 correlation, their price movements are largely independent.

Performance

CNCC.TO vs. SMYY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Canadian S&P/TSX 60 Covered Call ETF (CNCC.TO) and GraniteShares YieldBOOST SMCI ETF (SMYY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CNCC.TO is traded in CAD, while SMYY is traded in USD. To make them comparable, the SMYY values have been converted to CAD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with CNCC.TO having a 8.83% return and SMYY slightly lower at 8.43%.

CNCC.TO

• 1D: 0.84%
• 1M: 4.57%
• YTD: 8.83%
• 6M: 9.65%
• 1Y: 24.66%
• 3Y*: 16.11%
• 5Y*: 10.50%
• 10Y*: 8.55%

SMYY

• 1D: 0.34%
• 1M: 5.84%
• YTD: 8.43%
• 6M: -10.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CNCC.TO vs. SMYY - Yearly Performance Comparison

	2026 (YTD)	2025
CNCC.TO Global X Canadian S&P/TSX 60 Covered Call ETF	8.83%	5.08%
SMYY GraniteShares YieldBOOST SMCI ETF	8.43%	-28.55%

Correlation

The correlation between CNCC.TO and SMYY is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.28

Return for Risk

CNCC.TO vs. SMYY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNCC.TO

CNCC.TO Risk / Return Rank: 85
CNCC.TO Sharpe Ratio Rank: 84
CNCC.TO Sortino Ratio Rank: 84
CNCC.TO Omega Ratio Rank: 87
CNCC.TO Calmar Ratio Rank: 79
CNCC.TO Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CNCC.TO vs. SMYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Canadian S&P/TSX 60 Covered Call ETF (CNCC.TO) and GraniteShares YieldBOOST SMCI ETF (SMYY). 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.

	CNCC.TO	SMYY	Difference
Sharpe ratio: Return per unit of total volatility	2.70	—	—
Sortino ratio: Return per unit of downside risk	3.69	—	—
Omega ratio: Gain probability vs. loss probability	1.54	—	—
Calmar ratio: Return relative to maximum drawdown	4.01	—	—
Martin ratio: Return relative to average drawdown	20.02	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CNCC.TO	SMYY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	-0.98	+0.98

Drawdowns

CNCC.TO vs. SMYY - Drawdown Comparison

The maximum CNCC.TO drawdown since its inception was -38.22%, roughly equal to the maximum SMYY drawdown of -37.45%. Use the drawdown chart below to compare losses from any high point for CNCC.TO and SMYY.

Drawdown Indicators

	CNCC.TO	SMYY	Difference
Max Drawdown Largest peak-to-trough decline	-38.22%	-37.45%	-0.77%
Max Drawdown (1Y) Largest decline over 1 year	-6.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.22%	—	—
Current Drawdown Current decline from peak	0.00%	-29.14%	+29.14%
Average Drawdown Average peak-to-trough decline	-6.17%	-26.21%	+20.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.23%	—	—

Volatility

Volatility by Period

	CNCC.TO	SMYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.17%	32.41%	-23.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.45%	32.41%	-19.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.79%	32.41%	-17.62%

Dividends

CNCC.TO vs. SMYY - Dividend Comparison

CNCC.TO's dividend yield for the trailing twelve months is around 6.95%, less than SMYY's 146.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNCC.TO Global X Canadian S&P/TSX 60 Covered Call ETF	6.95%	7.59%	9.68%	10.07%	9.93%	5.28%	5.53%	5.33%	6.06%	5.52%	5.24%	8.54%
SMYY GraniteShares YieldBOOST SMCI ETF	146.54%	53.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CNCC.TO and SMYY in my portfolio?

CNCC.TO and SMYY have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between CNCC.TO and SMYY?

They also come from different issuers: Global X and GraniteShares.