SMYY vs. PLTY

Last updated Aug 2, 2026

SMYY (GraniteShares YieldBOOST SMCI ETF) and PLTY (YieldMax PLTR Option Income Strategy ETF) are both exchange-traded funds - SMYY is a Options Trading fund actively managed by GraniteShares, while PLTY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Their 0.22 correlation means their historical movements had little consistent relationship. SMYY charges 1.07%/yr vs 0.99%/yr for PLTY.

Performance

SMYY vs. PLTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST SMCI ETF (SMYY) and YieldMax PLTR Option Income Strategy ETF (PLTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMYY achieves a -6.99% return, which is significantly higher than PLTY's -23.00% return.

SMYY

• 1D: 0.08%
• 1M: -3.11%
• 6M: -7.72%
• YTD: -6.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

PLTY

• 1D: 1.10%
• 1M: -2.83%
• 6M: -8.14%
• YTD: -23.00%
• 1Y: -16.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 50.31%

*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)
PLTY YieldMax PLTR Option Income Strategy ETF	$4.74M	$3.96M	$6.06M
SMYY GraniteShares YieldBOOST SMCI ETF	$170.95K	$180.38K	$260.75K

SMYY vs. PLTY - Yearly Performance Comparison

	2026 (YTD)	2025
SMYY GraniteShares YieldBOOST SMCI ETF	-6.99%	-27.35%
PLTY YieldMax PLTR Option Income Strategy ETF	-23.00%	-0.63%

Correlation

The correlation between SMYY and PLTY is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.22

Return for Risk

SMYY vs. PLTY — Risk / Return Rank

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

SMYY

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

PLTY

PLTY Risk / Return Rank: 6
PLTY Sharpe Ratio Rank: 6
PLTY Sortino Ratio Rank: 6
PLTY Omega Ratio Rank: 6
PLTY Calmar Ratio Rank: 6
PLTY Martin Ratio Rank: 5

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.

SMYY vs. PLTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST SMCI ETF (SMYY) and YieldMax PLTR Option Income Strategy ETF (PLTY). 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.

	SMYY	PLTY	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.41	—
Sortino ratio: Return per unit of downside risk	—	-0.31	—
Omega ratio: Gain probability vs. loss probability	—	0.96	—
Calmar ratio: Return relative to maximum drawdown	—	-0.44	—
Martin ratio: Return relative to average drawdown	—	-0.83	—

Drawdowns

SMYY vs. PLTY - Drawdown Comparison

The maximum SMYY drawdown since its inception was -38.26%, smaller than the maximum PLTY drawdown of -41.36%. Use the drawdown chart below to compare losses from any high point for SMYY and PLTY.

Drawdown Indicators

	SMYY	PLTY	Difference
Max Drawdown Largest peak-to-trough decline	-38.26%	-41.36%	+3.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-41.36%	—
Current Drawdown Current decline from peak	-37.89%	-33.22%	-4.67%
Average Drawdown Average peak-to-trough decline	-26.88%	-14.41%	-12.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.78%	—

Volatility

Volatility by Period

	SMYY	PLTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.77%	44.02%	-13.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.77%	52.23%	-21.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.77%	52.23%	-21.46%

SMYY vs. PLTY - Expense Ratio Comparison

SMYY has a 1.07% expense ratio, which is higher than PLTY's 0.99% expense ratio.

Dividends

SMYY vs. PLTY - Dividend Comparison

SMYY's dividend yield for the trailing twelve months is around 215.24%, more than PLTY's 123.19% yield.

Position	TTM	2025	2024
PLTY YieldMax PLTR Option Income Strategy ETF	123.19%	112.44%	7.85%
SMYY GraniteShares YieldBOOST SMCI ETF	215.24%	53.33%	0.00%

Frequently Asked Questions

Can I hold both SMYY and PLTY in my portfolio?

SMYY and PLTY have a correlation of 0.22, 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 PLTY?

On fees, PLTY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMYY or PLTY?

PLTY is cheaper with a 0.99% expense ratio, compared with 1.07% for SMYY.

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

SMYY has the higher dividend yield at 215.24%, compared with 123.19% for PLTY.

What is the main difference between SMYY and PLTY?

SMYY is categorized as Options Trading, while PLTY is Derivative Income. They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for SMYY and 0.99% for PLTY.