CRCO vs. SOXY

Last updated Aug 1, 2026

CRCO (YieldMax CRCL Option Income Strategy ETF) and SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) are both Derivative Income funds from YieldMax. Both are actively managed. Their 0.34 correlation means their historical movements had little consistent relationship. CRCO charges 1.01%/yr vs 1.06%/yr for SOXY.

Performance

CRCO vs. SOXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax CRCL Option Income Strategy ETF (CRCO) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRCO achieves a -13.94% return, which is significantly lower than SOXY's 58.34% return.

CRCO

• 1D: -0.72%
• 1M: -0.14%
• 6M: 2.16%
• YTD: -13.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SOXY

• 1D: 0.60%
• 1M: -12.01%
• 6M: 42.45%
• YTD: 58.34%
• 1Y: 93.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 58.65%

*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)
CRCO YieldMax CRCL Option Income Strategy ETF	$554.17K	$590.63K	$1.39M
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	$2.13M	$2.44M	$2.09M

CRCO vs. SOXY - Yearly Performance Comparison

	2026 (YTD)	2025
CRCO YieldMax CRCL Option Income Strategy ETF	-13.94%	-38.00%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	58.34%	10.53%

Correlation

The correlation between CRCO and SOXY is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.34

Return for Risk

CRCO vs. SOXY — Risk / Return Rank

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

CRCO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SOXY

SOXY Risk / Return Rank: 87
SOXY Sharpe Ratio Rank: 91
SOXY Sortino Ratio Rank: 83
SOXY Omega Ratio Rank: 85
SOXY Calmar Ratio Rank: 85
SOXY Martin Ratio Rank: 90

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.

CRCO vs. SOXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax CRCL Option Income Strategy ETF (CRCO) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). 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.

	CRCO	SOXY	Difference
Sharpe ratio: Return per unit of total volatility	—	2.30	—
Sortino ratio: Return per unit of downside risk	—	2.73	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	3.21	—
Martin ratio: Return relative to average drawdown	—	14.50	—

Drawdowns

CRCO vs. SOXY - Drawdown Comparison

The maximum CRCO drawdown since its inception was -61.75%, which is greater than SOXY's maximum drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for CRCO and SOXY.

Drawdown Indicators

	CRCO	SOXY	Difference
Max Drawdown Largest peak-to-trough decline	-61.75%	-30.22%	-31.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.56%	—
Current Drawdown Current decline from peak	-51.61%	-21.71%	-29.90%
Average Drawdown Average peak-to-trough decline	-35.79%	-5.49%	-30.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.31%	—

Volatility

Volatility by Period

	CRCO	SOXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	35.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	83.90%	39.94%	+43.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.90%	39.31%	+44.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.90%	39.31%	+44.59%

CRCO vs. SOXY - Expense Ratio Comparison

CRCO has a 1.01% expense ratio, which is lower than SOXY's 1.06% expense ratio.

Dividends

CRCO vs. SOXY - Dividend Comparison

CRCO's dividend yield for the trailing twelve months is around 158.06%, more than SOXY's 9.41% yield.

Position	TTM	2025
CRCO YieldMax CRCL Option Income Strategy ETF	158.06%	35.79%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	9.41%	11.47%

Frequently Asked Questions

Can I hold both CRCO and SOXY in my portfolio?

CRCO and SOXY have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRCO or SOXY?

On fees, CRCO is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRCO or SOXY?

CRCO is cheaper with a 1.01% expense ratio, compared with 1.06% for SOXY.

Which ETF pays a higher dividend yield, CRCO or SOXY?

CRCO has the higher dividend yield at 158.06%, compared with 9.41% for SOXY.

What is the main difference between CRCO and SOXY?

Their fees differ too: 1.01% for CRCO and 1.06% for SOXY.