SMCC vs. WEEL
SMCC (Defiance Leveraged Long + Income SMCI ETF) and WEEL (Peerless Option Income Wheel ETF) are both Derivative Income funds. Both are actively managed. At a 0.11 correlation, their price movements are largely independent. SMCC charges 1.51%/yr vs 0.99%/yr for WEEL.
Performance
SMCC vs. WEEL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SMCC achieves a 5.60% return, which is significantly higher than WEEL's 4.03% return.
SMCC
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 5.60%
- 6M
- -21.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WEEL
- 1D
- -1.57%
- 1M
- -0.92%
- YTD
- 4.03%
- 6M
- 4.08%
- 1Y
- 19.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SMCC vs. WEEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SMCC Defiance Leveraged Long + Income SMCI ETF | 5.60% | -57.43% |
WEEL Peerless Option Income Wheel ETF | 4.03% | 6.39% |
Correlation
The correlation between SMCC and WEEL is 0.11, 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 Aug 21, 2025 | 0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SMCC vs. WEEL — Risk / Return Rank
SMCC
WEEL
SMCC vs. WEEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income SMCI ETF (SMCC) and Peerless Option Income Wheel ETF (WEEL). 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.
Loading charts...
Sharpe Ratios by Period
| SMCC | WEEL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.87 | 0.95 | -1.82 |
Drawdowns
SMCC vs. WEEL - Drawdown Comparison
The maximum SMCC drawdown since its inception was -75.87%, which is greater than WEEL's maximum drawdown of -17.45%. Use the drawdown chart below to compare losses from any high point for SMCC and WEEL.
Loading charts...
Drawdown Indicators
| SMCC | WEEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.87% | -17.45% | -58.42% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.60% | — |
Current DrawdownCurrent decline from peak | -72.90% | -1.57% | -71.33% |
Average DrawdownAverage peak-to-trough decline | -53.60% | -1.45% | -52.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.95% | — |
Volatility
SMCC vs. WEEL - Volatility Comparison
Loading charts...
Volatility by Period
| SMCC | WEEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.44% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.06% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 75.90% | 8.15% | +67.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.90% | 12.86% | +63.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.90% | 12.86% | +63.04% |
SMCC vs. WEEL - Expense Ratio Comparison
SMCC has a 1.51% expense ratio, which is higher than WEEL's 0.99% expense ratio.
Dividends
SMCC vs. WEEL - Dividend Comparison
SMCC's dividend yield for the trailing twelve months is around 83.22%, more than WEEL's 12.60% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
SMCC Defiance Leveraged Long + Income SMCI ETF | 83.22% | 79.22% | 0.00% |
WEEL Peerless Option Income Wheel ETF | 12.60% | 12.72% | 6.88% |
Frequently Asked Questions
SMCC and WEEL have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WEEL is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WEEL is cheaper with a 0.99% expense ratio, compared with 1.51% for SMCC.
SMCC has the higher dividend yield at 83.22%, compared with 12.60% for WEEL.
They also come from different issuers: Defiance and Peerless ETFs. Their fees differ too: 1.51% for SMCC and 0.99% for WEEL.
Find the right allocation for SMCC and WEEL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer