SOXY vs. FEAT

Last updated Aug 4, 2026

SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) and FEAT (YieldMax Dorsey Wright Featured 5 Income ETF) are both Derivative Income funds from YieldMax. SOXY is actively managed, while FEAT is passively managed. Their 0.55 correlation means they have sometimes moved together and sometimes differently. SOXY charges 1.06%/yr vs 1.28%/yr for FEAT.

Performance

SOXY vs. FEAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) and YieldMax Dorsey Wright Featured 5 Income ETF (FEAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SOXY

• 1D: 0.84%
• 1M: -11.28%
• 6M: 41.13%
• YTD: 59.66%
• 1Y: 95.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 59.08%

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)
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	$2.13M	$2.40M	$2.09M

SOXY vs. FEAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	59.66%	37.00%	-3.04%
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	-6.78%	-4.21%	-9.44%

Correlation

The correlation between SOXY and FEAT is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (All Time) Calculated using the full available price history since Dec 17, 2024	0.55

The correlation between SOXY and FEAT has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.

Return for Risk

SOXY vs. FEAT — Risk / Return Rank

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

SOXY

SOXY Risk / Return Rank: 87
SOXY Sharpe Ratio Rank: 92
SOXY Sortino Ratio Rank: 84
SOXY Omega Ratio Rank: 85
SOXY Calmar Ratio Rank: 85
SOXY Martin Ratio Rank: 90

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.

SOXY vs. FEAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) 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.

	SOXY	FEAT	Difference
Sharpe ratio: Return per unit of total volatility	2.41	—	—
Sortino ratio: Return per unit of downside risk	2.81	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.35	—	—
Martin ratio: Return relative to average drawdown	14.82	—	—

Drawdowns

Drawdown Indicators

	SOXY	FEAT	Difference
Max Drawdown Largest peak-to-trough decline	-30.22%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-28.56%	—	—
Current Drawdown Current decline from peak	-21.05%	—	—
Average Drawdown Average peak-to-trough decline	-5.53%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.45%	—	—

Volatility

Volatility by Period

	SOXY	FEAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.88%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.26%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.26%	—	—

SOXY vs. FEAT - Expense Ratio Comparison

SOXY has a 1.06% expense ratio, which is lower than FEAT's 1.28% expense ratio.

Dividends

SOXY vs. FEAT - Dividend Comparison

SOXY's dividend yield for the trailing twelve months is around 9.34%, while FEAT has not paid dividends to shareholders.

Position	TTM	2025
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	77.86%	76.35%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	9.34%	11.47%

Frequently Asked Questions

Can I hold both SOXY and FEAT in my portfolio?

SOXY and FEAT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOXY or FEAT?

On fees, SOXY is cheaper at 1.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOXY or FEAT?

SOXY is cheaper with a 1.06% expense ratio, compared with 1.28% for FEAT.

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

FEAT has the higher dividend yield at 77.86%, compared with 9.34% for SOXY.

What is the main difference between SOXY and FEAT?

Their fees differ too: 1.06% for SOXY and 1.28% for FEAT.