FTXL vs. TMYY

Last updated Aug 2, 2026

FTXL (First Trust Nasdaq Semiconductor ETF) and TMYY (GraniteShares YieldBOOST TSM ETF) are both exchange-traded funds - FTXL is a Semiconductors fund tracking the Nasdaq U.S. Smart Semiconductor Index, while TMYY is a Derivative Income fund actively managed by GraniteShares. FTXL is passively managed, while TMYY is actively managed. Their 0.62 correlation means they have sometimes moved together and sometimes differently. FTXL charges 0.60%/yr vs 1.07%/yr for TMYY.

Performance

FTXL vs. TMYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Semiconductor ETF (FTXL) and GraniteShares YieldBOOST TSM ETF (TMYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FTXL

• 1D: -0.59%
• 1M: -13.49%
• 6M: 42.44%
• YTD: 67.20%
• 1Y: 127.03%
• 3Y*: 42.82%
• 5Y*: 26.87%
• 10Y*: —
• ALL TIME*: 27.99%

TMYY

• 1D: 0.50%
• 1M: -0.33%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
FTXL First Trust Nasdaq Semiconductor ETF	$143.42M	$100.61M	$86.48M
TMYY GraniteShares YieldBOOST TSM ETF	$102.16K	$81.61K	$79.59K

FTXL vs. TMYY - Yearly Performance Comparison

	2026 (YTD)
FTXL First Trust Nasdaq Semiconductor ETF	21.89%
TMYY GraniteShares YieldBOOST TSM ETF	12.87%

Correlation

The correlation between FTXL and TMYY is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 14, 2026	0.62

Return for Risk

FTXL vs. TMYY — Risk / Return Rank

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

FTXL

FTXL Risk / Return Rank: 91
FTXL Sharpe Ratio Rank: 95
FTXL Sortino Ratio Rank: 87
FTXL Omega Ratio Rank: 87
FTXL Calmar Ratio Rank: 90
FTXL Martin Ratio Rank: 93

TMYY

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

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.

FTXL vs. TMYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Semiconductor ETF (FTXL) and GraniteShares YieldBOOST TSM ETF (TMYY). 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.

	FTXL	TMYY	Difference
Sharpe ratio: Return per unit of total volatility	2.71	—	—
Sortino ratio: Return per unit of downside risk	2.95	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	3.83	—	—
Martin ratio: Return relative to average drawdown	16.62	—	—

Drawdowns

FTXL vs. TMYY - Drawdown Comparison

The maximum FTXL drawdown since its inception was -43.87%, which is greater than TMYY's maximum drawdown of -6.95%. Use the drawdown chart below to compare losses from any high point for FTXL and TMYY.

Drawdown Indicators

	FTXL	TMYY	Difference
Max Drawdown Largest peak-to-trough decline	-43.87%	-6.95%	-36.92%
Max Drawdown (1Y) Largest decline over 1 year	-32.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-41.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.87%	—	—
Current Drawdown Current decline from peak	-27.09%	-3.40%	-23.69%
Average Drawdown Average peak-to-trough decline	-10.61%	-1.44%	-9.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.51%	—	—

Volatility

Volatility by Period

	FTXL	TMYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	39.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.28%	19.72%	+26.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.23%	19.72%	+18.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.28%	19.72%	+15.56%

FTXL vs. TMYY - Expense Ratio Comparison

FTXL has a 0.60% expense ratio, which is lower than TMYY's 1.07% expense ratio.

Dividends

FTXL vs. TMYY - Dividend Comparison

FTXL's dividend yield for the trailing twelve months is around 0.11%, less than TMYY's 22.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTXL First Trust Nasdaq Semiconductor ETF	0.11%	0.28%	0.54%	0.60%	0.89%	0.25%	0.48%	0.92%	0.71%	0.47%	0.12%
TMYY GraniteShares YieldBOOST TSM ETF	22.80%	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 FTXL and TMYY in my portfolio?

FTXL and TMYY have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTXL or TMYY?

On fees, FTXL is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTXL or TMYY?

FTXL is cheaper with a 0.60% expense ratio, compared with 1.07% for TMYY.

Which ETF pays a higher dividend yield, FTXL or TMYY?

TMYY has the higher dividend yield at 22.80%, compared with 0.11% for FTXL.

What is the main difference between FTXL and TMYY?

FTXL is categorized as Semiconductors, while TMYY is Derivative Income. They also come from different issuers: First Trust and GraniteShares. Their fees differ too: 0.60% for FTXL and 1.07% for TMYY.