SCSB vs. USOY

Last updated Jul 30, 2026

SCSB (Sterling Capital Short Duration Bond ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - SCSB is a Actively Managed fund actively managed by Sterling Capital, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Their -0.34 correlation means they have often moved in opposite directions in the past. SCSB charges 0.33%/yr vs 1.22%/yr for USOY.

Performance

SCSB vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Capital Short Duration Bond ETF (SCSB) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCSB

• 1D: 0.02%
• 1M: -0.08%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

USOY

• 1D: 7.09%
• 1M: 15.30%
• 6M: 39.74%
• YTD: 51.12%
• 1Y: 40.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.21%

*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)
SCSB Sterling Capital Short Duration Bond ETF	$168.89K	$128.02K	$90.26K
USOY Defiance Oil Enhanced Options Income ETF	$2.95M	$3.24M	$3.47M

SCSB vs. USOY - Yearly Performance Comparison

	2026 (YTD)
SCSB Sterling Capital Short Duration Bond ETF	0.94%
USOY Defiance Oil Enhanced Options Income ETF	-1.96%

Correlation

The correlation between SCSB and USOY is -0.34, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 30, 2026	-0.34

Return for Risk

SCSB vs. USOY — Risk / Return Rank

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

SCSB

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

USOY

USOY Risk / Return Rank: 45
USOY Sharpe Ratio Rank: 47
USOY Sortino Ratio Rank: 44
USOY Omega Ratio Rank: 49
USOY Calmar Ratio Rank: 44
USOY Martin Ratio Rank: 42

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.

SCSB vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Short Duration Bond ETF (SCSB) 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.

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.

	SCSB	USOY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.15	—
Sortino ratio: Return per unit of downside risk	—	1.62	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	1.58	—
Martin ratio: Return relative to average drawdown	—	4.59	—

Drawdowns

SCSB vs. USOY - Drawdown Comparison

The maximum SCSB drawdown since its inception was -0.52%, smaller than the maximum USOY drawdown of -25.51%. Use the drawdown chart below to compare losses from any high point for SCSB and USOY.

Drawdown Indicators

	SCSB	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-0.52%	-25.51%	+24.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.51%	—
Current Drawdown Current decline from peak	-0.28%	-11.58%	+11.30%
Average Drawdown Average peak-to-trough decline	-0.10%	-7.15%	+7.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.76%	—

Volatility

Volatility by Period

	SCSB	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.60%	34.87%	-33.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.60%	28.23%	-26.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.60%	28.23%	-26.63%

SCSB vs. USOY - Expense Ratio Comparison

SCSB has a 0.33% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

SCSB vs. USOY - Dividend Comparison

SCSB's dividend yield for the trailing twelve months is around 1.63%, less than USOY's 57.07% yield.

Position	TTM	2025	2024
SCSB Sterling Capital Short Duration Bond ETF	1.63%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	57.07%	104.32%	48.60%

Frequently Asked Questions

Can I hold both SCSB and USOY in my portfolio?

SCSB and USOY have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCSB or USOY?

On fees, SCSB is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCSB or USOY?

SCSB is cheaper with a 0.33% expense ratio, compared with 1.22% for USOY.

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

USOY has the higher dividend yield at 57.07%, compared with 1.63% for SCSB.

What is the main difference between SCSB and USOY?

SCSB is categorized as Actively Managed, while USOY is Derivative Income. They also come from different issuers: Sterling Capital and Defiance. Their fees differ too: 0.33% for SCSB and 1.22% for USOY.