SOXY vs. OMAH

Last updated Jun 23, 2026

SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) and OMAH (VistaShares Target 15™ Berkshire Select Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, SOXY returned 160.12% vs 11.86% for OMAH. At a 0.24 correlation, their price movements are largely independent. SOXY charges 1.06%/yr vs 0.95%/yr for OMAH.

Performance

SOXY vs. OMAH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) and VistaShares Target 15™ Berkshire Select Income ETF (OMAH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOXY achieves a 102.24% return, which is significantly higher than OMAH's 5.02% return.

SOXY

• 1D: 1.77%
• 1M: 21.43%
• YTD: 102.24%
• 6M: 104.03%
• 1Y: 160.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

OMAH

• 1D: -0.54%
• 1M: -2.23%
• YTD: 5.02%
• 6M: 4.89%
• 1Y: 11.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOXY vs. OMAH - Yearly Performance Comparison

	2026 (YTD)	2025
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	102.24%	46.16%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	5.02%	6.55%

Correlation

The correlation between SOXY and OMAH is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (All Time) Calculated using the full available price history since Mar 5, 2025	0.24

The correlation between SOXY and OMAH shifts across timeframes, from 0.09 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.

SOXY vs. OMAH - Sectors Allocation Comparison

Sectors	SOXY	OMAH
Technology	99.8%	11.6%
Financial Services	0.1%	37.3%
Consumer Defensive	0.0%	13.2%
Healthcare	0.0%	4.4%
Industrials	0.0%	4.9%
Basic Materials	0.0%	-
Energy	0.0%	8.8%
Communication Services	0.0%	19.8%
Consumer Cyclical	0.0%	4.1%
Utilities	0.0%	-
Real Estate	-	-

Return for Risk

SOXY vs. OMAH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOXY

SOXY Risk / Return Rank: 96
SOXY Sharpe Ratio Rank: 98
SOXY Sortino Ratio Rank: 95
SOXY Omega Ratio Rank: 95
SOXY Calmar Ratio Rank: 98
SOXY Martin Ratio Rank: 97

OMAH

OMAH Risk / Return Rank: 52
OMAH Sharpe Ratio Rank: 43
OMAH Sortino Ratio Rank: 42
OMAH Omega Ratio Rank: 40
OMAH Calmar Ratio Rank: 79
OMAH Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SOXY vs. OMAH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) and VistaShares Target 15™ Berkshire Select Income ETF (OMAH). 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	OMAH	Difference
Sharpe ratio: Return per unit of total volatility	4.87	1.48	+3.39
Sortino ratio: Return per unit of downside risk	4.90	2.08	+2.82
Omega ratio: Gain probability vs. loss probability	1.69	1.26	+0.43
Calmar ratio: Return relative to maximum drawdown	11.78	3.97	+7.81
Martin ratio: Return relative to average drawdown	41.98	9.48	+32.49

SOXY vs. OMAH - Sharpe Ratio Comparison

The current SOXY Sharpe Ratio is 4.87, which is higher than the OMAH Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of SOXY and OMAH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SOXY vs. OMAH - Drawdown Comparison

The maximum SOXY drawdown since its inception was -30.22%, which is greater than OMAH's maximum drawdown of -11.83%. Use the drawdown chart below to compare losses from any high point for SOXY and OMAH.

Drawdown Indicators

	SOXY	OMAH	Difference
Max Drawdown Largest peak-to-trough decline	-30.22%	-11.83%	-18.39%
Max Drawdown (1Y) Largest decline over 1 year	-13.68%	-3.00%	-10.68%
Current Drawdown Current decline from peak	0.00%	-2.23%	+2.23%
Average Drawdown Average peak-to-trough decline	-4.91%	-1.27%	-3.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	1.25%	+2.58%

Volatility

SOXY vs. OMAH - Volatility Comparison

YieldMax Target 12™ Semiconductor Option Income ETF (SOXY) has a higher volatility of 18.30% compared to VistaShares Target 15™ Berkshire Select Income ETF (OMAH) at 2.23%. This indicates that SOXY's price experiences larger fluctuations and is considered to be riskier than OMAH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOXY	OMAH	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.30%	2.23%	+16.07%
Volatility (6M) Calculated over the trailing 6-month period	28.26%	5.58%	+22.68%
Volatility (1Y) Calculated over the trailing 1-year period	33.16%	8.06%	+25.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.37%	13.05%	+23.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.37%	13.05%	+23.32%

SOXY vs. OMAH - Expense Ratio Comparison

SOXY has a 1.06% expense ratio, which is higher than OMAH's 0.95% expense ratio.

Dividends

SOXY vs. OMAH - Dividend Comparison

SOXY's dividend yield for the trailing twelve months is around 6.85%, less than OMAH's 15.38% yield.

Position	TTM	2025
OMAH VistaShares Target 15™ Berkshire Select Income ETF	15.38%	12.86%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	6.85%	11.47%

Frequently Asked Questions

Can I hold both SOXY and OMAH in my portfolio?

SOXY and OMAH have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOXY or OMAH?

SOXY has higher volatility (18.30%) compared to OMAH (2.23%). In terms of maximum drawdown, SOXY dropped -30.22% vs OMAH's -11.83%.

Which ETF is better, SOXY or OMAH?

On 1-year performance, SOXY leads with 160.12% vs 11.86% for OMAH. On fees, OMAH is cheaper at 0.95% per year. On volatility, OMAH has been the lower-risk option at 2.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOXY or OMAH?

Over the 1-year period, SOXY has performed better with a 160.12% return vs 11.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOXY or OMAH?

OMAH is cheaper with a 0.95% expense ratio, compared with 1.06% for SOXY.

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

OMAH has the higher dividend yield at 15.38%, compared with 6.85% for SOXY.

What is the main difference between SOXY and OMAH?

They also come from different issuers: YieldMax and VistaShares. Their fees differ too: 1.06% for SOXY and 0.95% for OMAH.

Which has better risk-adjusted returns?

SOXY currently has the higher Sharpe Ratio (4.87 vs 1.48), 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.