SOXY vs. MAIN
SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) is Derivative Income fund actively managed by YieldMax, while MAIN (Main Street Capital Corporation) is a stock. Over the past year, SOXY returned 109.64% vs -10.19% for MAIN. At a 0.26 correlation, their price movements are largely independent.
Performance
SOXY vs. MAIN - Performance Comparison
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Returns By Period
In the year-to-date period, SOXY achieves a 75.60% return, which is significantly higher than MAIN's -9.14% return.
SOXY
- 1D
- -4.46%
- 1M
- -5.55%
- 6M
- 61.64%
- YTD
- 75.60%
- 1Y
- 109.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAIN
- 1D
- -0.62%
- 1M
- 2.06%
- 6M
- -9.98%
- YTD
- -9.14%
- 1Y
- -10.19%
- 3Y*
- 17.86%
- 5Y*
- 13.40%
- 10Y*
- 13.04%
SOXY vs. MAIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SOXY YieldMax Target 12™ Semiconductor Option Income ETF | 75.60% | 37.00% | -0.99% |
MAIN Main Street Capital Corporation | -9.14% | 10.74% | 6.88% |
Correlation
The correlation between SOXY and MAIN is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024 | 0.26 |
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Return for Risk
SOXY vs. MAIN — Risk / Return Rank
SOXY
MAIN
SOXY vs. MAIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) and Main Street Capital Corporation (MAIN). 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 | MAIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.40 | ||
| Sortino ratioReturn per unit of downside risk | +3.69 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 0.95 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 7.75 | -0.46 | +8.21 |
| Martin ratioReturn relative to average drawdown | 25.10 | -0.83 | +25.93 |
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Drawdowns
SOXY vs. MAIN - Drawdown Comparison
The maximum SOXY drawdown since its inception was -30.22%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for SOXY and MAIN.
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Drawdown Indicators
| SOXY | MAIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.22% | -64.53% | +34.31% |
Max Drawdown (1Y)Largest decline over 1 year | -14.22% | -22.43% | +8.21% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.43% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.06% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.53% | — |
Current DrawdownCurrent decline from peak | -13.17% | -16.60% | +3.43% |
Average DrawdownAverage peak-to-trough decline | -5.02% | -7.35% | +2.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.38% | 12.32% | -7.94% |
Volatility
SOXY vs. MAIN - Volatility Comparison
YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) has a higher volatility of 20.75% compared to Main Street Capital Corporation (MAIN) at 4.93%. This indicates that SOXY's price experiences larger fluctuations and is considered to be riskier than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOXY | MAIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.75% | 4.93% | +15.82% |
Volatility (6M)Calculated over the trailing 6-month period | 32.64% | 19.82% | +12.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.97% | 25.00% | +11.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.06% | 21.56% | +16.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.06% | 27.33% | +10.73% |
Dividends
SOXY vs. MAIN - Dividend Comparison
SOXY's dividend yield for the trailing twelve months is around 8.49%, more than MAIN's 8.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAIN Main Street Capital Corporation | 8.19% | 7.00% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.49% | 7.42% | 9.15% |
SOXY YieldMax Target 12™ Semiconductor Option Income ETF | 8.49% | 11.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SOXY and MAIN have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXY has higher volatility (20.75%) compared to MAIN (4.93%). In terms of maximum drawdown, SOXY dropped -30.22% vs MAIN's -64.53%.
SOXY currently has the higher Sharpe Ratio (2.99 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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