Data as of .
SCA vs SMCY: which paid, and which earned it?
SCA and SMCY both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| SCA | SMCY | SCA | SMCY | SCA | SMCY | |
| 3 months | +25.4% | +24.8% | 10.8% | 19.9% | −2.1 pts | −2.7 pts |
| 6 months | not published | +61.7% | not published | 47.8% | not published | −28.7 pts |
| 1 year | not published | −18.9% | not published | 46.8% | not published | −3.9 pts |
| Since launch | +14.7% | −32.4% | 12.8% | 63.9% | +12.3 pts | −20.8 pts |
| SCA GraniteShares Autocallable SMCI ETF Option income on SMCI, paying monthly | SMCY YieldMax(R) SMCI Option Income Strategy ETF Synthetic covered call on SMCI, paying weekly | |
|---|---|---|
| Issuer | GraniteShares | YieldMax |
| Strategy | option income | synthetic covered call |
| Benchmark | Super Micro (SMCI) | Super Micro (SMCI) |
| Pays | monthly | weekly |
| Payout rate, annualized | 37.6% | 65.6% |
| Expense ratio | 1.07% | 1.01% |
| Cash paid, 1 year | 12.8% (since launch on May 27, 2026) | 46.8% |
| Price change, 1 year | +0.2% | −66.5% |
| Total return, 1 year | +14.7% (since launch on May 27, 2026) | −18.9% |
| Benchmark return, 1 year | +2.4% | −14.9% |
| Ahead or behind | +12.3 pts | −3.9 pts |
| Return of capital, latest estimate | not published | 97% |
| Age | 114 days | 736 days |
| Net assets | $2m | $143m |
SCA in plain words
Over the period since launch on May 27, 2026 to Sep 18, 2026, SCA paid 12.8% of its starting value in cash distributions while its price rose 0.2%. With every distribution reinvested, the fund returned +14.7%. Super Micro (SMCI) returned +2.4% over the same days, so a holder was ahead by 12.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 37.6%, paid monthly.
SMCY in plain words
Over the year to Sep 18, 2026, SMCY paid 46.8% of its starting value in cash distributions while its price fell 66.5%. With every distribution reinvested, the fund returned −18.9%. Super Micro (SMCI) returned −14.9% over the same days, so a holder was behind by 3.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 65.6%, paid weekly. YieldMax estimates that 97% of the distribution paid Sep 18, 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, SCA or SMCY?
- SCA charges 1.07% a year and SMCY charges 1.01%, so SMCY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SCA against SMCY, data as of Sep 18, 2026. https://etfiq.com/compare/income/sca-vs-smcy Free to use with attribution; the underlying files are at Open data.