SEMY vs. FYEE

Last updated Aug 2, 2026

SEMY (GraniteShares YieldBOOST Semiconductors ETF) and FYEE (Fidelity Yield Enhanced Equity ETF) are both Derivative Income funds. Both are actively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. SEMY charges 1.07%/yr vs 0.28%/yr for FYEE.

Performance

SEMY vs. FYEE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Semiconductors ETF (SEMY) and Fidelity Yield Enhanced Equity ETF (FYEE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEMY achieves a 34.68% return, which is significantly higher than FYEE's 9.14% return.

SEMY

• 1D: -0.41%
• 1M: -1.89%
• 6M: 19.31%
• YTD: 34.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FYEE

• 1D: 0.78%
• 1M: 2.77%
• 6M: 7.38%
• YTD: 9.14%
• 1Y: 22.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.02%

*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)
FYEE Fidelity Yield Enhanced Equity ETF	$1.70M	$1.94M	$2.28M
SEMY GraniteShares YieldBOOST Semiconductors ETF	$2.97M	$2.92M	$3.94M

SEMY vs. FYEE - Yearly Performance Comparison

	2026 (YTD)	2025
SEMY GraniteShares YieldBOOST Semiconductors ETF	34.68%	-0.56%
FYEE Fidelity Yield Enhanced Equity ETF	9.14%	3.74%

Correlation

The correlation between SEMY and FYEE is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.69

Return for Risk

SEMY vs. FYEE — Risk / Return Rank

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

SEMY

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

FYEE

FYEE Risk / Return Rank: 85
FYEE Sharpe Ratio Rank: 85
FYEE Sortino Ratio Rank: 82
FYEE Omega Ratio Rank: 87
FYEE Calmar Ratio Rank: 80
FYEE Martin Ratio Rank: 89

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.

SEMY vs. FYEE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Semiconductors ETF (SEMY) and Fidelity Yield Enhanced Equity ETF (FYEE). 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.

	SEMY	FYEE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.99	—
Sortino ratio: Return per unit of downside risk	—	2.68	—
Omega ratio: Gain probability vs. loss probability	—	1.39	—
Calmar ratio: Return relative to maximum drawdown	—	2.87	—
Martin ratio: Return relative to average drawdown	—	13.74	—

Drawdowns

SEMY vs. FYEE - Drawdown Comparison

The maximum SEMY drawdown since its inception was -11.46%, smaller than the maximum FYEE drawdown of -18.79%. Use the drawdown chart below to compare losses from any high point for SEMY and FYEE.

Drawdown Indicators

	SEMY	FYEE	Difference
Max Drawdown Largest peak-to-trough decline	-11.46%	-18.79%	+7.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.39%	—
Current Drawdown Current decline from peak	-5.07%	0.00%	-5.07%
Average Drawdown Average peak-to-trough decline	-2.66%	-2.17%	-0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.55%	—

Volatility

Volatility by Period

	SEMY	FYEE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.05%	10.70%	+14.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.05%	13.78%	+11.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.05%	13.78%	+11.27%

SEMY vs. FYEE - Expense Ratio Comparison

SEMY has a 1.07% expense ratio, which is higher than FYEE's 0.28% expense ratio.

Dividends

SEMY vs. FYEE - Dividend Comparison

SEMY's dividend yield for the trailing twelve months is around 117.22%, more than FYEE's 8.33% yield.

Position	TTM	2025	2024
FYEE Fidelity Yield Enhanced Equity ETF	8.33%	7.08%	5.45%
SEMY GraniteShares YieldBOOST Semiconductors ETF	117.22%	17.55%	0.00%

Frequently Asked Questions

Can I hold both SEMY and FYEE in my portfolio?

SEMY and FYEE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SEMY or FYEE?

On fees, FYEE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SEMY or FYEE?

FYEE is cheaper with a 0.28% expense ratio, compared with 1.07% for SEMY.

Which ETF pays a higher dividend yield, SEMY or FYEE?

SEMY has the higher dividend yield at 117.22%, compared with 8.33% for FYEE.

What is the main difference between SEMY and FYEE?

They also come from different issuers: GraniteShares and Fidelity. Their fees differ too: 1.07% for SEMY and 0.28% for FYEE.