LFSC vs. USOY

Last updated Jun 4, 2026

LFSC (F/m Emerald Life Sciences Innovation ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - LFSC is a Health & Biotech Equities fund actively managed by F/m Investments, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Over the past year, LFSC returned 58.79% vs 57.29% for USOY. At a correlation of -0.12, they often move in opposite directions. LFSC charges 0.54%/yr vs 1.22%/yr for USOY.

Performance

LFSC vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in F/m Emerald Life Sciences Innovation ETF (LFSC) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LFSC achieves a 3.84% return, which is significantly lower than USOY's 62.18% return.

LFSC

• 1D: 1.08%
• 1M: -1.63%
• YTD: 3.84%
• 6M: 1.68%
• 1Y: 58.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: 1.45%
• 1M: -3.43%
• YTD: 62.18%
• 6M: 59.35%
• 1Y: 57.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LFSC vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LFSC F/m Emerald Life Sciences Innovation ETF	3.84%	56.54%	-6.02%
USOY Defiance Oil Enhanced Options Income ETF	62.18%	-7.93%	9.89%

Correlation

The correlation between LFSC and USOY is -0.27, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.27
Correlation (All Time) Calculated using the full available price history since Nov 1, 2024	-0.12

The correlation between LFSC and USOY shifts across timeframes, from -0.27 (1 year) to -0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LFSC vs. USOY — Risk / Return Rank

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

LFSC

LFSC Risk / Return Rank: 67
LFSC Sharpe Ratio Rank: 70
LFSC Sortino Ratio Rank: 70
LFSC Omega Ratio Rank: 62
LFSC Calmar Ratio Rank: 73
LFSC Martin Ratio Rank: 58

USOY

USOY Risk / Return Rank: 56
USOY Sharpe Ratio Rank: 55
USOY Sortino Ratio Rank: 46
USOY Omega Ratio Rank: 55
USOY Calmar Ratio Rank: 78
USOY Martin Ratio Rank: 46

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.

LFSC vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Emerald Life Sciences Innovation ETF (LFSC) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

	LFSC	USOY	Difference
Sharpe ratio: Return per unit of total volatility	2.28	1.89	+0.39
Sortino ratio: Return per unit of downside risk	3.19	2.30	+0.89
Omega ratio: Gain probability vs. loss probability	1.38	1.35	+0.03
Calmar ratio: Return relative to maximum drawdown	3.64	4.03	-0.39
Martin ratio: Return relative to average drawdown	10.14	7.74	+2.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LFSC vs. USOY - Sharpe Ratio Comparison

The current LFSC Sharpe Ratio is 2.28, which is comparable to the USOY Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of LFSC and USOY, 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

	LFSC	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	1.89	+0.39
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	0.99	+0.08

Drawdowns

LFSC vs. USOY - Drawdown Comparison

The maximum LFSC drawdown since its inception was -29.74%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for LFSC and USOY.

Drawdown Indicators

	LFSC	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-29.74%	-17.46%	-12.28%
Max Drawdown (1Y) Largest decline over 1 year	-16.25%	-14.29%	-1.96%
Current Drawdown Current decline from peak	-3.57%	-5.11%	+1.54%
Average Drawdown Average peak-to-trough decline	-7.82%	-6.47%	-1.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.82%	7.42%	-1.60%

Volatility

LFSC vs. USOY - Volatility Comparison

The current volatility for F/m Emerald Life Sciences Innovation ETF (LFSC) is 7.43%, while Defiance Oil Enhanced Options Income ETF (USOY) has a volatility of 11.62%. This indicates that LFSC experiences smaller price fluctuations and is considered to be less risky than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LFSC	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.43%	11.62%	-4.19%
Volatility (6M) Calculated over the trailing 6-month period	18.52%	27.18%	-8.66%
Volatility (1Y) Calculated over the trailing 1-year period	26.01%	30.44%	-4.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.90%	26.13%	+2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.90%	26.13%	+2.77%

LFSC vs. USOY - Expense Ratio Comparison

LFSC has a 0.54% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

LFSC vs. USOY - Dividend Comparison

LFSC has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 54.16%.

Position	TTM	2025	2024
LFSC F/m Emerald Life Sciences Innovation ETF	0.00%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	54.16%	104.32%	48.60%

Frequently Asked Questions

Can I hold both LFSC and USOY in my portfolio?

LFSC and USOY have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LFSC or USOY?

USOY has higher volatility (11.62%) compared to LFSC (7.43%). In terms of maximum drawdown, LFSC dropped -29.74% vs USOY's -17.46%.

Which ETF is better, LFSC or USOY?

On 1-year performance, LFSC leads with 58.79% vs 57.29% for USOY. On fees, LFSC is cheaper at 0.54% per year. On volatility, LFSC has been the lower-risk option at 7.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LFSC or USOY?

Over the 1-year period, LFSC has performed better with a 58.79% return vs 57.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LFSC or USOY?

LFSC is cheaper with a 0.54% expense ratio, compared with 1.22% for USOY.

Which ETF pays a higher dividend yield, LFSC or USOY?

USOY has the higher dividend yield at 54.16%, compared with 0.00% for LFSC.

What is the main difference between LFSC and USOY?

LFSC is categorized as Health & Biotech Equities, while USOY is Derivative Income. They also come from different issuers: F/m Investments and Defiance. Their fees differ too: 0.54% for LFSC and 1.22% for USOY.

Which has better risk-adjusted returns?

LFSC currently has the higher Sharpe Ratio (2.28 vs 1.89), 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.