MAAY vs. SMYY

Last updated Jun 3, 2026

MAAY (GraniteShares YieldBOOST MARA ETF) and SMYY (GraniteShares YieldBOOST SMCI ETF) are both exchange-traded funds - MAAY is a Derivative Income fund actively managed by GraniteShares, while SMYY is a Options Trading fund managed by GraniteShares. At a 0.40 correlation, their price movements are largely independent. Both charge a 1.07% expense ratio.

Performance

MAAY vs. SMYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST MARA ETF (MAAY) and GraniteShares YieldBOOST SMCI ETF (SMYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAAY achieves a -15.66% return, which is significantly lower than SMYY's 7.27% return.

MAAY

• 1D: -0.77%
• 1M: 5.46%
• YTD: -15.66%
• 6M: -30.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SMYY

• 1D: 0.84%
• 1M: 5.25%
• YTD: 7.27%
• 6M: -6.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAAY vs. SMYY - Yearly Performance Comparison

	2026 (YTD)	2025
MAAY GraniteShares YieldBOOST MARA ETF	-15.66%	-27.95%
SMYY GraniteShares YieldBOOST SMCI ETF	7.27%	-27.05%

Correlation

The correlation between MAAY and SMYY is 0.40, 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 Nov 5, 2025	0.40

Return for Risk

MAAY vs. SMYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST MARA ETF (MAAY) and GraniteShares YieldBOOST SMCI ETF (SMYY). 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.

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

Sharpe Ratios by Period

	MAAY	SMYY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.94	-0.96	-0.98

Drawdowns

MAAY vs. SMYY - Drawdown Comparison

The maximum MAAY drawdown since its inception was -45.22%, which is greater than SMYY's maximum drawdown of -36.84%. Use the drawdown chart below to compare losses from any high point for MAAY and SMYY.

Drawdown Indicators

	MAAY	SMYY	Difference
Max Drawdown Largest peak-to-trough decline	-45.22%	-36.84%	-8.38%
Current Drawdown Current decline from peak	-39.98%	-28.37%	-11.61%
Average Drawdown Average peak-to-trough decline	-31.38%	-25.13%	-6.25%

Volatility

Volatility by Period

	MAAY	SMYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.26%	32.78%	-2.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.26%	32.78%	-2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.26%	32.78%	-2.52%

MAAY vs. SMYY - Expense Ratio Comparison

Both MAAY and SMYY have an expense ratio of 1.07%.

Dividends

MAAY vs. SMYY - Dividend Comparison

MAAY's dividend yield for the trailing twelve months is around 132.04%, less than SMYY's 146.11% yield.

Position	TTM	2025
MAAY GraniteShares YieldBOOST MARA ETF	132.04%	31.22%
SMYY GraniteShares YieldBOOST SMCI ETF	146.11%	53.33%

Frequently Asked Questions

Can I hold both MAAY and SMYY in my portfolio?

MAAY and SMYY have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MAAY or SMYY?

Both ETFs have the same 1.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MAAY or SMYY?

MAAY and SMYY have the same expense ratio: 1.07% per year.

Which ETF pays a higher dividend yield, MAAY or SMYY?

SMYY has the higher dividend yield at 146.11%, compared with 132.04% for MAAY.

What is the main difference between MAAY and SMYY?

MAAY is categorized as Derivative Income, while SMYY is Options Trading.