GPTY vs. SOXY

Last updated Jun 4, 2026

GPTY (YieldMax AI & Tech Portfolio Option Income ETF) and SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) are both Derivative Income funds from YieldMax. Both are actively managed. Over the past year, GPTY returned 55.13% vs 154.02% for SOXY. A 0.80 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.

Performance

GPTY vs. SOXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax AI & Tech Portfolio Option Income ETF (GPTY) 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, GPTY achieves a 36.39% return, which is significantly lower than SOXY's 89.69% return.

GPTY

• 1D: -1.40%
• 1M: 19.04%
• YTD: 36.39%
• 6M: 32.30%
• 1Y: 55.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXY

• 1D: 0.87%
• 1M: 31.46%
• YTD: 89.69%
• 6M: 88.39%
• 1Y: 154.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GPTY vs. SOXY - Yearly Performance Comparison

	2026 (YTD)	2025
GPTY YieldMax AI & Tech Portfolio Option Income ETF	36.39%	17.15%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	89.69%	25.78%

Correlation

The correlation between GPTY and SOXY is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jan 24, 2025	0.80

The correlation between GPTY and SOXY has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.

GPTY vs. SOXY - Sectors Allocation Comparison

Sectors	GPTY	SOXY
Technology	77.9%	100.0%
Communication Services	10.4%	-
Consumer Cyclical	7.6%	-
Financial Services	4.1%	0.0%
Basic Materials	-	-
Consumer Defensive	-	0.0%
Energy	-	-
Healthcare	-	-
Industrials	-	0.0%
Real Estate	-	-
Utilities	-	-

Return for Risk

GPTY vs. SOXY — Risk / Return Rank

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

GPTY

GPTY Risk / Return Rank: 60
GPTY Sharpe Ratio Rank: 70
GPTY Sortino Ratio Rank: 62
GPTY Omega Ratio Rank: 64
GPTY Calmar Ratio Rank: 57
GPTY Martin Ratio Rank: 46

SOXY

SOXY Risk / Return Rank: 96
SOXY Sharpe Ratio Rank: 98
SOXY Sortino Ratio Rank: 96
SOXY Omega Ratio Rank: 95
SOXY Calmar Ratio Rank: 97
SOXY Martin Ratio Rank: 97

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.

GPTY vs. SOXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AI & Tech Portfolio Option Income ETF (GPTY) 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.

	GPTY	SOXY	Difference
Sharpe ratio: Return per unit of total volatility	2.33	5.32	-2.98
Sortino ratio: Return per unit of downside risk	2.98	5.53	-2.56
Omega ratio: Gain probability vs. loss probability	1.39	1.75	-0.36
Calmar ratio: Return relative to maximum drawdown	2.87	11.33	-8.46
Martin ratio: Return relative to average drawdown	7.65	42.65	-35.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GPTY vs. SOXY - Sharpe Ratio Comparison

The current GPTY Sharpe Ratio is 2.33, which is lower than the SOXY Sharpe Ratio of 5.32. The chart below compares the historical Sharpe Ratios of GPTY and SOXY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GPTY	SOXY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	5.32	-2.98
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	2.57	-1.14

Drawdowns

GPTY vs. SOXY - Drawdown Comparison

The maximum GPTY drawdown since its inception was -26.62%, smaller than the maximum SOXY drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for GPTY and SOXY.

Drawdown Indicators

	GPTY	SOXY	Difference
Max Drawdown Largest peak-to-trough decline	-26.62%	-30.22%	+3.60%
Max Drawdown (1Y) Largest decline over 1 year	-19.32%	-13.68%	-5.64%
Current Drawdown Current decline from peak	-1.40%	0.00%	-1.40%
Average Drawdown Average peak-to-trough decline	-6.52%	-4.94%	-1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.23%	3.63%	+3.60%

Volatility

GPTY vs. SOXY - Volatility Comparison

The current volatility for YieldMax AI & Tech Portfolio Option Income ETF (GPTY) is 7.41%, while YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) has a volatility of 12.85%. This indicates that GPTY experiences smaller price fluctuations and is considered to be less risky than SOXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GPTY	SOXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.41%	12.85%	-5.44%
Volatility (6M) Calculated over the trailing 6-month period	18.19%	24.06%	-5.87%
Volatility (1Y) Calculated over the trailing 1-year period	23.95%	29.20%	-5.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.85%	34.56%	-5.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.85%	34.56%	-5.71%

GPTY vs. SOXY - Expense Ratio Comparison

Both GPTY and SOXY have an expense ratio of 0.99%.

Dividends

GPTY vs. SOXY - Dividend Comparison

GPTY's dividend yield for the trailing twelve months is around 32.54%, more than SOXY's 7.74% yield.

Position	TTM	2025
GPTY YieldMax AI & Tech Portfolio Option Income ETF	32.54%	34.23%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	7.74%	11.47%

Frequently Asked Questions

Can I hold both GPTY and SOXY in my portfolio?

GPTY and SOXY have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GPTY or SOXY?

SOXY has higher volatility (12.85%) compared to GPTY (7.41%). In terms of maximum drawdown, GPTY dropped -26.62% vs SOXY's -30.22%.

Which ETF is better, GPTY or SOXY?

On 1-year performance, SOXY leads with 154.02% vs 55.13% for GPTY. Both ETFs have the same 0.99% expense ratio. On volatility, GPTY has been the lower-risk option at 7.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GPTY or SOXY?

Over the 1-year period, SOXY has performed better with a 154.02% return vs 55.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GPTY or SOXY?

GPTY and SOXY have the same expense ratio: 0.99% per year.

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

GPTY has the higher dividend yield at 32.54%, compared with 7.74% for SOXY.

Which has better risk-adjusted returns?

SOXY currently has the higher Sharpe Ratio (5.32 vs 2.33), 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.