SNOY vs. FEAT

Last updated Aug 2, 2026

SNOY (YieldMax SNOW Option Income Strategy ETF) and FEAT (YieldMax Dorsey Wright Featured 5 Income ETF) are both Derivative Income funds from YieldMax. SNOY is actively managed, while FEAT is passively managed. Their 0.39 correlation means their historical movements had little consistent relationship. SNOY charges 0.99%/yr vs 1.28%/yr for FEAT.

Performance

SNOY vs. FEAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax SNOW Option Income Strategy ETF (SNOY) and YieldMax Dorsey Wright Featured 5 Income ETF (FEAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SNOY

• 1D: -2.06%
• 1M: 12.09%
• 6M: 48.18%
• YTD: 32.13%
• 1Y: 35.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 41.34%

FEAT

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
SNOY YieldMax SNOW Option Income Strategy ETF	$2.23M	$1.69M	$1.13M

SNOY vs. FEAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SNOY YieldMax SNOW Option Income Strategy ETF	32.13%	30.66%	-9.24%
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	-6.78%	-4.21%	-9.44%

Correlation

The correlation between SNOY and FEAT is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (All Time) Calculated using the full available price history since Dec 17, 2024	0.39

Return for Risk

SNOY vs. FEAT — Risk / Return Rank

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

SNOY

SNOY Risk / Return Rank: 25
SNOY Sharpe Ratio Rank: 22
SNOY Sortino Ratio Rank: 32
SNOY Omega Ratio Rank: 33
SNOY Calmar Ratio Rank: 20
SNOY Martin Ratio Rank: 19

FEAT

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

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.

SNOY vs. FEAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax SNOW Option Income Strategy ETF (SNOY) and YieldMax Dorsey Wright Featured 5 Income ETF (FEAT). 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.

	SNOY	FEAT	Difference
Sharpe ratio: Return per unit of total volatility	0.45	—	—
Sortino ratio: Return per unit of downside risk	1.19	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	0.51	—	—
Martin ratio: Return relative to average drawdown	1.13	—	—

Drawdowns

Drawdown Indicators

	SNOY	FEAT	Difference
Max Drawdown Largest peak-to-trough decline	-50.90%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-50.90%	—	—
Current Drawdown Current decline from peak	-2.06%	—	—
Average Drawdown Average peak-to-trough decline	-12.16%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	23.11%	—	—

Volatility

Volatility by Period

	SNOY	FEAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	47.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	58.05%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.80%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.80%	—	—

SNOY vs. FEAT - Expense Ratio Comparison

SNOY has a 0.99% expense ratio, which is lower than FEAT's 1.28% expense ratio.

Dividends

SNOY vs. FEAT - Dividend Comparison

SNOY's dividend yield for the trailing twelve months is around 71.03%, while FEAT has not paid dividends to shareholders.

Position	TTM	2025	2024
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	77.86%	76.35%	0.00%
SNOY YieldMax SNOW Option Income Strategy ETF	71.03%	84.96%	33.32%

Frequently Asked Questions

Can I hold both SNOY and FEAT in my portfolio?

SNOY and FEAT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNOY or FEAT?

On fees, SNOY 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, SNOY or FEAT?

SNOY is cheaper with a 0.99% expense ratio, compared with 1.28% for FEAT.

Which ETF pays a higher dividend yield, SNOY or FEAT?

FEAT has the higher dividend yield at 77.86%, compared with 71.03% for SNOY.

What is the main difference between SNOY and FEAT?

Their fees differ too: 0.99% for SNOY and 1.28% for FEAT.