CRCO vs. THTA

Last updated Jun 25, 2026

CRCO (YieldMax CRCL Option Income Strategy ETF) and THTA (SoFi Enhanced Yield ETF) are both Derivative Income funds. Both are actively managed. At a 0.20 correlation, their price movements are largely independent. CRCO charges 1.01%/yr vs 0.49%/yr for THTA.

Performance

CRCO vs. THTA - Performance Comparison

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

Returns By Period

In the year-to-date period, CRCO achieves a -6.32% return, which is significantly lower than THTA's 7.57% return.

CRCO

• 1D: -4.30%
• 1M: -31.55%
• YTD: -6.32%
• 6M: -8.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

THTA

• 1D: 0.00%
• 1M: 0.77%
• YTD: 7.57%
• 6M: 7.94%
• 1Y: 16.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRCO vs. THTA - Yearly Performance Comparison

	2026 (YTD)	2025
CRCO YieldMax CRCL Option Income Strategy ETF	-6.32%	-38.00%
THTA SoFi Enhanced Yield ETF	7.57%	3.60%

Correlation

The correlation between CRCO and THTA is 0.20, 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 Sep 30, 2025	0.20

Return for Risk

CRCO vs. THTA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

THTA

THTA Risk / Return Rank: 95
THTA Sharpe Ratio Rank: 92
THTA Sortino Ratio Rank: 94
THTA Omega Ratio Rank: 96
THTA Calmar Ratio Rank: 94
THTA Martin Ratio Rank: 98

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.

CRCO vs. THTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax CRCL Option Income Strategy ETF (CRCO) and SoFi Enhanced Yield ETF (THTA). 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	THTA	Difference
Sharpe ratio: Return per unit of total volatility	—	2.85	—
Sortino ratio: Return per unit of downside risk	—	4.22	—
Omega ratio: Gain probability vs. loss probability	—	1.75	—
Calmar ratio: Return relative to maximum drawdown	—	6.18	—
Martin ratio: Return relative to average drawdown	—	51.39	—

Drawdowns

CRCO vs. THTA - Drawdown Comparison

The maximum CRCO drawdown since its inception was -61.75%, which is greater than THTA's maximum drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for CRCO and THTA.

Drawdown Indicators

	CRCO	THTA	Difference
Max Drawdown Largest peak-to-trough decline	-61.75%	-31.41%	-30.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.64%	—
Current Drawdown Current decline from peak	-47.33%	-6.17%	-41.16%
Average Drawdown Average peak-to-trough decline	-33.71%	-7.48%	-26.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.32%	—

Volatility

Volatility by Period

	CRCO	THTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.96%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	85.29%	5.72%	+79.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.29%	20.02%	+65.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	85.29%	20.02%	+65.27%

CRCO vs. THTA - Expense Ratio Comparison

CRCO has a 1.01% expense ratio, which is higher than THTA's 0.49% expense ratio.

Dividends

CRCO vs. THTA - Dividend Comparison

CRCO's dividend yield for the trailing twelve months is around 122.56%, more than THTA's 11.15% yield.

Position	TTM	2025	2024	2023
CRCO YieldMax CRCL Option Income Strategy ETF	122.56%	35.79%	0.00%	0.00%
THTA SoFi Enhanced Yield ETF	11.15%	12.66%	12.44%	0.58%

Frequently Asked Questions

Can I hold both CRCO and THTA in my portfolio?

CRCO and THTA have a correlation of 0.20, 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 THTA?

On fees, THTA is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRCO or THTA?

THTA is cheaper with a 0.49% expense ratio, compared with 1.01% for CRCO.

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

CRCO has the higher dividend yield at 122.56%, compared with 11.15% for THTA.

What is the main difference between CRCO and THTA?

They also come from different issuers: YieldMax and SoFi. Their fees differ too: 1.01% for CRCO and 0.49% for THTA.