SMYY vs. MSTQ

Last updated Jun 4, 2026

SMYY (GraniteShares YieldBOOST SMCI ETF) and MSTQ (LHA Market State Tactical Q ETF) are both Options Trading funds. A 0.51 correlation means they provide meaningful diversification when combined. SMYY charges 1.07%/yr vs 1.59%/yr for MSTQ.

Performance

SMYY vs. MSTQ - Performance Comparison

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

Returns By Period

In the year-to-date period, SMYY achieves a 6.70% return, which is significantly lower than MSTQ's 17.40% return.

SMYY

• 1D: -0.53%
• 1M: 3.58%
• YTD: 6.70%
• 6M: -8.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTQ

• 1D: -0.21%
• 1M: 9.02%
• YTD: 17.40%
• 6M: 15.69%
• 1Y: 31.81%
• 3Y*: 24.11%
• 5Y*: —
• 10Y*: —

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

SMYY vs. MSTQ - Yearly Performance Comparison

	2026 (YTD)	2025
SMYY GraniteShares YieldBOOST SMCI ETF	6.70%	-27.52%
MSTQ LHA Market State Tactical Q ETF	17.40%	0.98%

Correlation

The correlation between SMYY and MSTQ is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.51

Return for Risk

SMYY vs. MSTQ — Risk / Return Rank

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

MSTQ

MSTQ Risk / Return Rank: 59
MSTQ Sharpe Ratio Rank: 68
MSTQ Sortino Ratio Rank: 64
MSTQ Omega Ratio Rank: 64
MSTQ Calmar Ratio Rank: 52
MSTQ Martin Ratio Rank: 48

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.

SMYY vs. MSTQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST SMCI ETF (SMYY) and LHA Market State Tactical Q ETF (MSTQ). 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

	SMYY	MSTQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	0.87	-1.85

Drawdowns

SMYY vs. MSTQ - Drawdown Comparison

The maximum SMYY drawdown since its inception was -36.84%, which is greater than MSTQ's maximum drawdown of -31.05%. Use the drawdown chart below to compare losses from any high point for SMYY and MSTQ.

Drawdown Indicators

	SMYY	MSTQ	Difference
Max Drawdown Largest peak-to-trough decline	-36.84%	-31.05%	-5.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.39%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.22%	—
Current Drawdown Current decline from peak	-28.74%	-0.21%	-28.53%
Average Drawdown Average peak-to-trough decline	-25.15%	-8.62%	-16.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.97%	—

Volatility

Volatility by Period

	SMYY	MSTQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.69%	14.35%	+18.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.69%	18.85%	+13.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.69%	18.85%	+13.84%

SMYY vs. MSTQ - Expense Ratio Comparison

SMYY has a 1.07% expense ratio, which is lower than MSTQ's 1.59% expense ratio.

Dividends

SMYY vs. MSTQ - Dividend Comparison

SMYY's dividend yield for the trailing twelve months is around 146.89%, more than MSTQ's 11.90% yield.

Position	TTM	2025	2024	2023
MSTQ LHA Market State Tactical Q ETF	11.90%	13.97%	3.72%	0.77%
SMYY GraniteShares YieldBOOST SMCI ETF	146.89%	53.33%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SMYY and MSTQ in my portfolio?

SMYY and MSTQ have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SMYY or MSTQ?

On fees, SMYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMYY or MSTQ?

SMYY is cheaper with a 1.07% expense ratio, compared with 1.59% for MSTQ.

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

SMYY has the higher dividend yield at 146.89%, compared with 11.90% for MSTQ.

What is the main difference between SMYY and MSTQ?

They also come from different issuers: GraniteShares and Little Harbor Advisors. Their fees differ too: 1.07% for SMYY and 1.59% for MSTQ.