Which is cheaper, CRCO or CRY?

CRCO charges 1.01% a year and CRY charges 1.07%, so CRCO is cheaper. Fees come from each fund's prospectus.

CRCO vs CRY: which paid, and which earned it?

CRCO and CRY both write options for income. YieldMax(R) CRCL Option Income Strategy ETF and GraniteShares YieldBOOST CRCL ETF.

43.9%

CRCO cash paid, 1 year

31.0%

CRY cash paid, since launch

−32.4%

CRCO total return, 1 year

−6.8%

CRY total return, since launch

CRCO · 1 year to Sep 30, 20265.6 pts ahead of CRCL

CRCO

−32.4%

CRCL

−38.0%

5.6 pts ahead of CRCL

CRCO over 1 year: paid 43.9%, price −73.0%, total −32.4%, CRCL −38.0%, +5.6 pts.

CRCL

−38.0%

CRCO

−32.4%

5.6 pts ahead of CRCL

Total return, distributions reinvested

5.6 pts ahead of CRCL

CRCO over 1 year: paid 43.9%, price −73.0%, total −32.4%, CRCL −38.0%, +5.6 pts.

CRCL

−38.0%

CRCO

−32.4%

5.6 pts ahead of CRCL

43.9% of it arrived as cash. Total return, distributions reinvested. CRCO over 1 year: paid 43.9%, price −73.0%, total −32.4%, CRCL −38.0%, +5.6 pts.

CRY · since launch to Sep 30, 20266.1 pts ahead of CRCL

CRY

−6.8%

CRCL

−12.9%

6.1 pts ahead of CRCL

CRY since launch: paid 31.0%, price −36.6%, total −6.8%, CRCL −12.9%, +6.1 pts.

CRCL

−12.9%

CRY

−6.8%

6.1 pts ahead of CRCL

Total return, distributions reinvested

6.1 pts ahead of CRCL

CRY since launch: paid 31.0%, price −36.6%, total −6.8%, CRCL −12.9%, +6.1 pts.

CRCL

−12.9%

CRY

−6.8%

6.1 pts ahead of CRCL

31.0% of it arrived as cash. Both charts share one scale, 0 to −6.8%. CRY since launch: paid 31.0%, price −36.6%, total −6.8%, CRCL −12.9%, +6.1 pts.

What they hold in common

By the books each fund has filed, CRCO and CRY hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 1, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding CRCO CRY

Only in CRCO

United States Treasury Bill 10/15/2026 30.19%

United States Treasury Bill 12/10/2026 21.87%

United States Treasury Bill 07/08/2027 19.64%

United States Treasury Note/Bond 2.375% 05/15/2027 19.39%

United States Treasury Bill 02/18/2027 15.96%

First American Government Obligations Fund 12/01/2031 11.81%

2CRCL US 11/20/26 C98.01 FLX 5.24%

CIRCLE I CLL OPT 10/26 88 0.36%

Only in CRY

Treasury Bill 100.00%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	CRCO	CRY	CRCO	CRY	CRCO	CRY
3 months	+27.4%	+0.9%	23.7%	19.9%	−5.2 pts	−31.8 pts
6 months	−3.6%	not published	36.4%	not published	+5.9 pts	not published
1 year	−32.4%	not published	43.9%	not published	+5.6 pts	not published
Since launch CRCO Sep 2025 · CRY Apr 2026	−32.4%	−6.8%	43.9%	31.0%	+5.6 pts	+6.1 pts

CRCO and CRY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CRCO

YieldMax(R) CRCL Option Income Strategy ETF · Synthetic covered call on CRCL, paying weekly

CRY

GraniteShares YieldBOOST CRCL ETF · Synthetic covered call on CRCL, paying weekly

Issuer YieldMax GraniteShares

Strategy synthetic covered call synthetic covered call

Benchmark (CRCL) (CRCL)

Pays weekly weekly

Payout rate, annualized 89.2% 89.8%

Expense ratio 1.01% 1.07%

Cash paid, 1 year 43.9% 31.0% (since launch on Apr 28, 2026)

Price change, 1 year −73.0% −36.6%

Total return, 1 year −32.4% −6.8% (since launch on Apr 28, 2026)

Benchmark return, 1 year −38.0% −12.9%

Ahead or behind +5.6 pts +6.1 pts

Return of capital, latest estimate 62% 1%

Age 365 days 155 days

Net assets $51m $2m

CRCO and CRY on the same fields, as of Sep 30, 2026. Source: ETFIQ.

CRCO in plain words

Over the year to Sep 30, 2026, CRCO paid 43.9% of its starting value in cash distributions while its price fell 73.0%. With every distribution reinvested, the fund returned −32.4%. (CRCL) returned −38.0% over the same days, so a holder was ahead by 5.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 89.2%, paid weekly. YieldMax estimates that 62% of the distribution paid Oct 2, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

CRY in plain words

Over the period since launch on Apr 28, 2026 to Sep 30, 2026, CRY paid 31.0% of its starting value in cash distributions while its price fell 36.6%. With every distribution reinvested, the fund returned −6.8%. (CRCL) returned −12.9% over the same days, so a holder was ahead by 6.1 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 89.8%, paid weekly. GraniteShares estimates that 0% of the distribution paid Sep 1, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, CRCO or CRY?: CRCO charges 1.01% a year and CRY charges 1.07%, so CRCO is cheaper. Fees come from each fund's prospectus.

Other comparisons

CRCO on its own →CRY on its own →How every figure is computed →Standards and sources →

Where these figures came from

CRCO filings on SEC EDGAR ↗CRCO prospectus with the expense ratio (SEC) ↗CRCO 19a-1 distribution notice ↗YieldMax page for CRCO ↗CRY filings on SEC EDGAR ↗CRY prospectus with the expense ratio (SEC) ↗CRY 19a-1 distribution notice ↗GraniteShares page for CRY ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, CRCO against CRY, data as of Sep 30, 2026. https://etfiq.com/compare/income/crco-vs-cry

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.