LFGY vs. SPIN

Last updated Jun 5, 2026

LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) and SPIN (State Street US Equity Premium Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, LFGY returned 8.63% vs 19.75% for SPIN. A 0.62 correlation means they provide meaningful diversification when combined. LFGY charges 0.99%/yr vs 0.25%/yr for SPIN.

Performance

LFGY vs. SPIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and State Street US Equity Premium Income ETF (SPIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LFGY achieves a 17.68% return, which is significantly higher than SPIN's 3.18% return.

LFGY

• 1D: 0.00%
• 1M: 2.32%
• YTD: 17.68%
• 6M: 7.03%
• 1Y: 8.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPIN

• 1D: 0.26%
• 1M: 2.42%
• YTD: 3.18%
• 6M: 3.72%
• 1Y: 19.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LFGY vs. SPIN - Yearly Performance Comparison

	2026 (YTD)	2025
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	17.68%	-8.18%
SPIN State Street US Equity Premium Income ETF	3.18%	14.98%

Correlation

The correlation between LFGY and SPIN is 0.59, 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	0.59
Correlation (All Time) Calculated using the full available price history since Jan 15, 2025	0.62

The correlation between LFGY and SPIN has been stable across timeframes, ranging from 0.59 to 0.62 - a consistent structural relationship.

LFGY vs. SPIN - Sectors Allocation Comparison

Sectors	LFGY	SPIN
Financial Services	55.9%	11.5%
Technology	33.5%	39.0%
Communication Services	6.5%	12.2%
Consumer Cyclical	4.1%	8.7%
Basic Materials	-	2.2%
Consumer Defensive	-	3.8%
Energy	-	2.9%
Healthcare	-	8.3%
Industrials	-	8.0%
Real Estate	-	1.6%
Utilities	-	2.3%

Return for Risk

LFGY vs. SPIN — Risk / Return Rank

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

LFGY

LFGY Risk / Return Rank: 13
LFGY Sharpe Ratio Rank: 13
LFGY Sortino Ratio Rank: 14
LFGY Omega Ratio Rank: 14
LFGY Calmar Ratio Rank: 12
LFGY Martin Ratio Rank: 12

SPIN

SPIN Risk / Return Rank: 53
SPIN Sharpe Ratio Rank: 56
SPIN Sortino Ratio Rank: 55
SPIN Omega Ratio Rank: 59
SPIN Calmar Ratio Rank: 41
SPIN Martin Ratio Rank: 50

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.

LFGY vs. SPIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and State Street US Equity Premium Income ETF (SPIN). 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.

	LFGY	SPIN	Difference
Sharpe ratio: Return per unit of total volatility	0.23	1.89	-1.66
Sortino ratio: Return per unit of downside risk	0.57	2.60	-2.03
Omega ratio: Gain probability vs. loss probability	1.07	1.36	-0.29
Calmar ratio: Return relative to maximum drawdown	0.24	2.02	-1.78
Martin ratio: Return relative to average drawdown	0.53	8.43	-7.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LFGY vs. SPIN - Sharpe Ratio Comparison

The current LFGY Sharpe Ratio is 0.23, which is lower than the SPIN Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of LFGY and SPIN, 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

	LFGY	SPIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	1.89	-1.66
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.96	-0.82

Drawdowns

LFGY vs. SPIN - Drawdown Comparison

The maximum LFGY drawdown since its inception was -35.94%, which is greater than SPIN's maximum drawdown of -16.85%. Use the drawdown chart below to compare losses from any high point for LFGY and SPIN.

Drawdown Indicators

	LFGY	SPIN	Difference
Max Drawdown Largest peak-to-trough decline	-35.94%	-16.85%	-19.09%
Max Drawdown (1Y) Largest decline over 1 year	-35.94%	-9.81%	-26.13%
Current Drawdown Current decline from peak	-10.11%	-0.14%	-9.97%
Average Drawdown Average peak-to-trough decline	-14.06%	-2.28%	-11.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.43%	2.35%	+14.08%

Volatility

LFGY vs. SPIN - Volatility Comparison

YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) has a higher volatility of 10.49% compared to State Street US Equity Premium Income ETF (SPIN) at 1.81%. This indicates that LFGY's price experiences larger fluctuations and is considered to be riskier than SPIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LFGY	SPIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.49%	1.81%	+8.68%
Volatility (6M) Calculated over the trailing 6-month period	30.08%	8.03%	+22.05%
Volatility (1Y) Calculated over the trailing 1-year period	37.07%	10.49%	+26.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.90%	14.31%	+27.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.90%	14.31%	+27.59%

LFGY vs. SPIN - Expense Ratio Comparison

LFGY has a 0.99% expense ratio, which is higher than SPIN's 0.25% expense ratio.

Dividends

LFGY vs. SPIN - Dividend Comparison

LFGY's dividend yield for the trailing twelve months is around 82.56%, more than SPIN's 5.63% yield.

Position	TTM	2025	2024
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	82.56%	94.90%	0.00%
SPIN State Street US Equity Premium Income ETF	5.63%	8.20%	2.36%

Frequently Asked Questions

Can I hold both LFGY and SPIN in my portfolio?

LFGY and SPIN have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LFGY or SPIN?

LFGY has higher volatility (10.49%) compared to SPIN (1.81%). In terms of maximum drawdown, LFGY dropped -35.94% vs SPIN's -16.85%.

Which ETF is better, LFGY or SPIN?

On 1-year performance, SPIN leads with 19.75% vs 8.63% for LFGY. On fees, SPIN is cheaper at 0.25% per year. On volatility, SPIN has been the lower-risk option at 1.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LFGY or SPIN?

Over the 1-year period, SPIN has performed better with a 19.75% return vs 8.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LFGY or SPIN?

SPIN is cheaper with a 0.25% expense ratio, compared with 0.99% for LFGY.

Which ETF pays a higher dividend yield, LFGY or SPIN?

LFGY has the higher dividend yield at 82.56%, compared with 5.63% for SPIN.

What is the main difference between LFGY and SPIN?

They also come from different issuers: YieldMax and State Street. Their fees differ too: 0.99% for LFGY and 0.25% for SPIN.

Which has better risk-adjusted returns?

SPIN currently has the higher Sharpe Ratio (1.89 vs 0.23), 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.