AEMS vs. ULTI

Last updated Jun 25, 2026

AEMS (Anfield Enhanced Market ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. A 0.61 correlation means they provide meaningful diversification when combined. AEMS charges 1.21%/yr vs 1.25%/yr for ULTI.

Performance

AEMS vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anfield Enhanced Market ETF (AEMS) and REX IncomeMax Option Strategy ETF (ULTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AEMS achieves a 12.16% return, which is significantly lower than ULTI's 14.78% return.

AEMS

• 1D: -0.31%
• 1M: -0.71%
• YTD: 12.16%
• 6M: 9.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTI

• 1D: -4.27%
• 1M: -17.66%
• YTD: 14.78%
• 6M: 6.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AEMS vs. ULTI - Yearly Performance Comparison

	2026 (YTD)	2025
AEMS Anfield Enhanced Market ETF	12.16%	0.59%
ULTI REX IncomeMax Option Strategy ETF	14.78%	-38.67%

Correlation

The correlation between AEMS and ULTI is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 31, 2025	0.61

Return for Risk

AEMS vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anfield Enhanced Market ETF (AEMS) and REX IncomeMax Option Strategy ETF (ULTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

AEMS vs. ULTI - Drawdown Comparison

The maximum AEMS drawdown since its inception was -11.37%, smaller than the maximum ULTI drawdown of -42.09%. Use the drawdown chart below to compare losses from any high point for AEMS and ULTI.

Drawdown Indicators

	AEMS	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-11.37%	-42.09%	+30.72%
Current Drawdown Current decline from peak	-3.31%	-29.61%	+26.30%
Average Drawdown Average peak-to-trough decline	-1.53%	-27.81%	+26.28%

Volatility

Volatility by Period

	AEMS	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.88%	62.20%	-45.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.88%	62.20%	-45.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	62.20%	-45.32%

AEMS vs. ULTI - Expense Ratio Comparison

AEMS has a 1.21% expense ratio, which is lower than ULTI's 1.25% expense ratio.

Dividends

AEMS vs. ULTI - Dividend Comparison

AEMS's dividend yield for the trailing twelve months is around 6.72%, less than ULTI's 60.21% yield.

Position	TTM	2025
AEMS Anfield Enhanced Market ETF	6.72%	7.53%
ULTI REX IncomeMax Option Strategy ETF	60.21%	14.96%

Frequently Asked Questions

Can I hold both AEMS and ULTI in my portfolio?

AEMS and ULTI have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AEMS or ULTI?

On fees, AEMS is cheaper at 1.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AEMS or ULTI?

AEMS is cheaper with a 1.21% expense ratio, compared with 1.25% for ULTI.

Which ETF pays a higher dividend yield, AEMS or ULTI?

ULTI has the higher dividend yield at 60.21%, compared with 6.72% for AEMS.

What is the main difference between AEMS and ULTI?

They also come from different issuers: Anfield and REX Shares. Their fees differ too: 1.21% for AEMS and 1.25% for ULTI.