Two of the market's most popular income ETFs compared side-by-side. See which one fits your yield strategy.
What this means: Both SMCC and WEED fall intoTier 4: Harvest. This suggests they share a similar risk profile and volatility expectation.
| Metric | SMCC | WEED |
|---|---|---|
| Total Return (1Y) | 0.00% | 40.16% |
| NAV Change (1Y) | 0.00% | 40.16% |
| Max Drawdown | -81.08% | 0.00% |
| Beta | - | - |
* Returns include dividend reinvestment. Drawdown calculates peak-to-trough decline over trailing 12 months.
SMCC (Defiance Semiconductor Option Income) is a options-based income fund managed by Defiance. It focuses on generating income through strategic holdings. With $1.8M in assets under management, this fund has been operational since its inception.
Strategy: Generates enhanced income through covered call options on equity holdings, trading upside potential for premium income.
WEED (Roundhill Cannabis ETF) is a options-based income fund managed by Roundhill. It focuses on generating income through strategic holdings. With $9.5M in assets under management, this fund has been operational since its inception.
Strategy: Generates enhanced income through covered call options on equity holdings, trading upside potential for premium income.
In the head-to-head battle of SMCC vs WEED, the choice depends on your specific goal. SMCC wins for Immediate Income with a 85.28% yield. However, WEED is the better choice for Long-Term Growth due to superior total return performance.
Which fund is safer for retirement income? We analyze the yield sustainability and structural risk.
The Bottom Line Question: If you invest $100,000 today, how much cash will you actually receive each month? Here's the exact math:
SMCC
Annual Yield: 85.28%
$7,106/mo
($85,277/year)
Frequency: weekly
WEED
Annual Yield: 0.00%
$0/mo
($0/year)
Frequency: Monthly
Income Gap: SMCC generates $85,277/year more than WEED on the same $100k investment.
Over 20 years, that's $1,705,550 in additional cash flow (before reinvestment).
Context Matters: Higher income doesn't always mean better investment. Review the "Yield Trap" and "Total Return" sections above—you want income that's sustainable, not just headline-grabbing.
Historical data reveals how these funds behave during market stress. WEED has delivered a superior Total Return of 40.16% over the past year.
What is an Expense Ratio? The annual fee charged by the fund, expressed as a percentage of assets. It's deducted daily from the fund's NAV, making it invisible to most investors—but it compounds over time.
WEED (LOWER COST)
0.000%
Annual expense ratio
SMCC (HIGHER COST)
1.510%
Annual expense ratio
20-YEAR FEE IMPACT SIMULATION ($100,000 INITIAL INVESTMENT)
The Hidden Cost of "Just 1.51%": That seemingly small difference of 1.510% annually becomes $30,200 in lost wealth over 20 years. Factor in compound growth, and you're giving up ~$80,003 in potential portfolio value.
💡 Cost Efficiency Winner: WEED is the clear winner for long-term buy-and-hold investors. Lower fees mean more capital compounds in YOUR account, not the fund manager's.
Every investor has a unique risk profile. Use our Portfolio Intelligence tool to see the impact of adding these ETFs to your holdings.