SMYY vs. OCTQ

Last updated Jun 4, 2026

SMYY (GraniteShares YieldBOOST SMCI ETF) and OCTQ (Innovator Premium Income 40 Barrier ETF - October) are both Options Trading funds. SMYY charges 1.07%/yr vs 0.79%/yr for OCTQ.

Performance

SMYY vs. OCTQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST SMCI ETF (SMYY) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMYY

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

OCTQ

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMYY vs. OCTQ - Yearly Performance Comparison

	2026 (YTD)
SMYY GraniteShares YieldBOOST SMCI ETF	0.45%
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%

Return for Risk

SMYY vs. OCTQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST SMCI ETF (SMYY) and Innovator Premium Income 40 Barrier ETF - October (OCTQ). 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	OCTQ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	—	—

Drawdowns

SMYY vs. OCTQ - Drawdown Comparison

The maximum SMYY drawdown since its inception was -36.84%, which is greater than OCTQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SMYY and OCTQ.

Drawdown Indicators

	SMYY	OCTQ	Difference
Max Drawdown Largest peak-to-trough decline	-36.84%	0.00%	-36.84%
Current Drawdown Current decline from peak	-28.74%	0.00%	-28.74%
Average Drawdown Average peak-to-trough decline	-25.15%	0.00%	-25.15%

Volatility

Volatility by Period

	SMYY	OCTQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.69%	0.00%	+32.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.69%	0.00%	+32.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.69%	0.00%	+32.69%

SMYY vs. OCTQ - Expense Ratio Comparison

SMYY has a 1.07% expense ratio, which is higher than OCTQ's 0.79% expense ratio.

Dividends

SMYY vs. OCTQ - Dividend Comparison

SMYY's dividend yield for the trailing twelve months is around 146.89%, while OCTQ has not paid dividends to shareholders.

Position	TTM	2025
OCTQ Innovator Premium Income 40 Barrier ETF - October	0.00%	0.00%
SMYY GraniteShares YieldBOOST SMCI ETF	146.89%	53.33%

Frequently Asked Questions

Which ETF is better, SMYY or OCTQ?

On fees, OCTQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMYY or OCTQ?

OCTQ is cheaper with a 0.79% expense ratio, compared with 1.07% for SMYY.

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

SMYY has the higher dividend yield at 146.89%, compared with 0.00% for OCTQ.

What is the main difference between SMYY and OCTQ?

They also come from different issuers: GraniteShares and Innovator. Their fees differ too: 1.07% for SMYY and 0.79% for OCTQ.