AMYY vs. ULTI

Last updated Jun 4, 2026

AMYY (GraniteShares YieldBOOST AMD ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. AMYY charges 1.07%/yr vs 1.25%/yr for ULTI.

Performance

AMYY vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST AMD ETF (AMYY) 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, AMYY achieves a 7.93% return, which is significantly lower than ULTI's 43.46% return.

AMYY

• 1D: 0.54%
• 1M: 9.36%
• YTD: 7.93%
• 6M: 13.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTI

• 1D: -3.05%
• 1M: 12.53%
• YTD: 43.46%
• 6M: 22.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMYY vs. ULTI - Yearly Performance Comparison

	2026 (YTD)	2025
AMYY GraniteShares YieldBOOST AMD ETF	7.93%	0.92%
ULTI REX IncomeMax Option Strategy ETF	43.46%	-38.31%

Correlation

The correlation between AMYY and ULTI is 0.53, 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 Nov 3, 2025	0.53

Return for Risk

AMYY vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST AMD ETF (AMYY) 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.

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

Sharpe Ratios by Period

	AMYY	ULTI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	-0.31	+2.04

Drawdowns

AMYY vs. ULTI - Drawdown Comparison

The maximum AMYY drawdown since its inception was -16.91%, smaller than the maximum ULTI drawdown of -41.74%. Use the drawdown chart below to compare losses from any high point for AMYY and ULTI.

Drawdown Indicators

	AMYY	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-16.91%	-41.74%	+24.83%
Current Drawdown Current decline from peak	0.00%	-11.50%	+11.50%
Average Drawdown Average peak-to-trough decline	-5.51%	-28.13%	+22.62%

Volatility

Volatility by Period

	AMYY	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.74%	62.43%	-36.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.74%	62.43%	-36.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.74%	62.43%	-36.69%

AMYY vs. ULTI - Expense Ratio Comparison

AMYY has a 1.07% expense ratio, which is lower than ULTI's 1.25% expense ratio.

Dividends

AMYY vs. ULTI - Dividend Comparison

AMYY's dividend yield for the trailing twelve months is around 81.55%, more than ULTI's 42.53% yield.

Position	TTM	2025
AMYY GraniteShares YieldBOOST AMD ETF	81.55%	30.28%
ULTI REX IncomeMax Option Strategy ETF	42.53%	14.96%

Frequently Asked Questions

Can I hold both AMYY and ULTI in my portfolio?

AMYY and ULTI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMYY or ULTI?

On fees, AMYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMYY or ULTI?

AMYY is cheaper with a 1.07% expense ratio, compared with 1.25% for ULTI.

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

AMYY has the higher dividend yield at 81.55%, compared with 42.53% for ULTI.

What is the main difference between AMYY and ULTI?

They also come from different issuers: GraniteShares and REX Shares. Their fees differ too: 1.07% for AMYY and 1.25% for ULTI.