XMAR vs. SMYY

Last updated Jun 3, 2026

XMAR (FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March) and SMYY (GraniteShares YieldBOOST SMCI ETF) are both Options Trading funds. At a 0.34 correlation, their price movements are largely independent. XMAR charges 0.85%/yr vs 1.07%/yr for SMYY.

Performance

XMAR vs. SMYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March (XMAR) and GraniteShares YieldBOOST SMCI ETF (SMYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XMAR achieves a 6.66% return, which is significantly lower than SMYY's 7.27% return.

XMAR

• 1D: -0.15%
• 1M: 1.13%
• YTD: 6.66%
• 6M: 7.46%
• 1Y: 13.17%
• 3Y*: 11.18%
• 5Y*: —
• 10Y*: —

SMYY

• 1D: 0.84%
• 1M: 5.25%
• YTD: 7.27%
• 6M: -6.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XMAR vs. SMYY - Yearly Performance Comparison

	2026 (YTD)	2025
XMAR FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March	6.66%	1.80%
SMYY GraniteShares YieldBOOST SMCI ETF	7.27%	-27.52%

Correlation

The correlation between XMAR and SMYY is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.34

Return for Risk

XMAR vs. SMYY — Risk / Return Rank

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

XMAR

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

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.

XMAR vs. SMYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March (XMAR) and GraniteShares YieldBOOST SMCI ETF (SMYY). 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.

	XMAR	SMYY	Difference
Sharpe ratio Return per unit of total volatility	4.40	—	—
Sortino ratio Return per unit of downside risk	7.61	—	—
Omega ratio Gain probability vs. loss probability	2.22	—	—
Calmar ratio Return relative to maximum drawdown	9.04	—	—
Martin ratio Return relative to average drawdown	69.02	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XMAR	SMYY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.13	-0.96	+3.10

Drawdowns

XMAR vs. SMYY - Drawdown Comparison

The maximum XMAR drawdown since its inception was -7.29%, smaller than the maximum SMYY drawdown of -36.84%. Use the drawdown chart below to compare losses from any high point for XMAR and SMYY.

Drawdown Indicators

	XMAR	SMYY	Difference
Max Drawdown Largest peak-to-trough decline	-7.29%	-36.84%	+29.55%
Max Drawdown (1Y) Largest decline over 1 year	-1.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.29%	—	—
Current Drawdown Current decline from peak	-0.15%	-28.37%	+28.22%
Average Drawdown Average peak-to-trough decline	-0.30%	-25.13%	+24.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.19%	—	—

Volatility

Volatility by Period

	XMAR	SMYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.01%	32.78%	-29.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.56%	32.78%	-27.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.56%	32.78%	-27.22%

XMAR vs. SMYY - Expense Ratio Comparison

XMAR has a 0.85% expense ratio, which is lower than SMYY's 1.07% expense ratio.

Dividends

XMAR vs. SMYY - Dividend Comparison

XMAR has not paid dividends to shareholders, while SMYY's dividend yield for the trailing twelve months is around 146.11%.

Position	TTM	2025
SMYY GraniteShares YieldBOOST SMCI ETF	146.11%	53.33%
XMAR FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March	0.00%	0.00%

Frequently Asked Questions

Can I hold both XMAR and SMYY in my portfolio?

XMAR and SMYY have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XMAR or SMYY?

On fees, XMAR is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XMAR or SMYY?

XMAR is cheaper with a 0.85% expense ratio, compared with 1.07% for SMYY.

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

SMYY has the higher dividend yield at 146.11%, compared with 0.00% for XMAR.

What is the main difference between XMAR and SMYY?

They also come from different issuers: FT Vest and GraniteShares. Their fees differ too: 0.85% for XMAR and 1.07% for SMYY.