Computed head-to-head · 6 dimensions
SVOL vs YMAX
Simplify Volatility Premium ETF versus YieldMax Universe Fund of Option Income ETFs — yield, safety, growth trend, cost, scale, and tax treatment.
SVOL and YMAX are evenly matched (1–1 across six dimensions) — the right pick comes down to which dimension you weight most.
Scorecard at a glance
| Dimension | SVOL | YMAX | Winner |
|---|---|---|---|
| Yield | 22.02% | 47.96% | YMAX wins |
| Dividend safety | 4.7/10 | 4.7/10 | Tie |
| Growth trend | — | — | Tie |
| Expense ratio | 66.00% | 133.00% | SVOL wins |
| Scale | $563M | $450M | Tie |
| Tax efficiency | Ordinary income | Ordinary income | Tie |
| Overall | 1 wins | 1 wins | Tie |
Dimension by dimension
YMAX wins on yield (47.96% vs 22.02%)
On a $10,000 investment that's about $2594 more in annual dividend income before taxes — though higher yield often comes with higher risk.
YMAX's higher yield (47.96%) looks attractive but investors should weigh whether the extra income compensates for any additional risk versus SVOL's 22.02% — especially if the higher yield is driven by covered calls or a falling share price.
Safety scores are too close to call (4.7/10 vs 4.7/10)
Both score within 0.3 points on our 0-10 dividend safety scale — comparable risk profiles on the signals we measure.
Yield-trend comparison unavailable
One or both tickers are missing 5-year average yield data.
SVOL is cheaper (66.00% vs 133.00%)
On a $10,000 position the lower expense ratio saves about $6700/year — small annually but compounds significantly over 20+ years.
On $10,000 invested, SVOL's lower expense ratio saves roughly $67/year in fees versus YMAX. Over 20 years that compounds to a meaningful drag — expense ratios are one of the few costs investors fully control.
Comparable scale ($563M vs $450M)
Within 1.5x of each other on market cap / AUM — similar institutional footprint.
Both have similar tax-treatment concerns
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
How we compare these
Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.
This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked
Which is better for income, SVOL or YMAX?
SVOL and YMAX are evenly matched (1–1 across six dimensions) — the right pick comes down to which dimension you weight most.
SVOL vs YMAX: which has a higher dividend yield?
SVOL yields 22.02% and YMAX yields 47.96%. On a $10,000 investment that's about $2594 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is SVOL or YMAX a safer dividend in 2026?
SVOL scores 4.7/10 (Weak) on the Infnits dividend safety scale. YMAX scores 4.7/10 (Weak). Both have comparable safety scores.
Which has better dividend growth, SVOL or YMAX?
One or both tickers are missing 5-year average yield data.
SVOL vs YMAX: which is more tax-efficient?
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
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