SECR vs THTA
NYLIM MacKay Securitized Income ETF vs SoFi Enhanced Yield ETF
Which is better, SECR or THTA?
Each has led over a different period.
SECR has a lower expense ratio. SECR led over the full window, THTA over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SECR | THTA |
|---|---|---|
| Expense Ratio | 0.28%Best | 0.65% |
| AUM | $160M | $65M |
| Dividend Yield | 7.14% | 10.62% |
| Holdings | 461 | 18 |
| YTD Return | -2.03% | +12.24%Best |
| 1Y Return | -1.84% | +16.25%Best |
| 3Y Return (annualized) | - | +2.71% |
| Volatility (annualized) | 4.7%Best | 14.3% |
| Max Drawdown | -5.1%Best | -31.4% |
| $10,000 over 2.4 years | $10,977Best | $10,179 |
| Fund Family | New York Life Investment Management LLC | SoFi |
| Category | Fixed Income | Fixed Income |
| Style | Long Term High Quality | Long Term High Quality |
| Inception | May 31, 2024 | Nov 15, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 31, 2024 to Oct 14, 2026 (2.4 years).
SECR vs THTA growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
SECR vs THTA Performance
NYLIM MacKay Securitized Income ETF (SECR) is an ETF from New York Life Investment Management LLC and SoFi Enhanced Yield ETF (THTA) is an ETF from SoFi. Over the past year SECR returned -1.84% while THTA returned +16.25%. Year to date, SECR is down 2.03% versus a gain of 12.24% for THTA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
THTA has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 4.7% for SECR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -5.1% for SECR and -31.4% for THTA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.05. They move largely independently of each other.
Fees and Cost Over Time
SECR charges 0.28% per year while THTA charges 0.65%. On a $10,000 position that is $28 vs $65 annually, a gap of $37 per year that compounds over a long holding period. On income, SECR currently yields 7.14% against 10.62% for THTA.
Holdings Overlap
We hold position weights for 96 holdings in SECR and 2 in THTA, totalling 37.4% and 22.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 96 positions we hold weights for in SECR and 2 in THTA, against full books of 461 and 18.
You are not choosing between two funds in isolation.
Whichever of SECR and THTA you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SECR or THTA?
SECR has an expense ratio of 0.28% while THTA charges 0.65%. SECR is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, SECR or THTA?
Over the past year SECR returned -1.84% vs +16.25% for THTA, so THTA leads on 1-year performance. Over the longest common window we track (2 years), SECR annualized +3.96% vs +0.74% for THTA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SECR or THTA?
THTA has been the more volatile fund at 14.3% annualized versus 4.7% for SECR. Worst drawdown: SECR -5.1% vs THTA -31.4%.
Should I hold both SECR and THTA?
SECR and THTA have a monthly-return correlation of -0.05, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SECR or THTA?
SECR yields 7.14% while THTA yields 10.62%, so THTA currently pays the higher dividend yield.
Is THTA better than SECR?
SECR has a lower expense ratio. SECR led over the full window, THTA over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.