AVGW vs. ULTY

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill AVGO WeeklyPay™ ETF (AVGW) and YieldMax Ultra Option Income Strategy ETF (ULTY).

AVGW and ULTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVGW is an actively managed fund by Roundhill. It was launched on Jul 24, 2025. ULTY is an actively managed fund by YieldMax. It was launched on Feb 28, 2024.

Performance

AVGW vs. ULTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AVGO WeeklyPay™ ETF (AVGW) and YieldMax Ultra Option Income Strategy ETF (ULTY). The values are adjusted to include any dividend payments, if applicable.

AVGW vs. ULTY - Yearly Performance Comparison

	2026 (YTD)	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	-13.46%	20.91%
ULTY YieldMax Ultra Option Income Strategy ETF	-3.71%	-14.12%

Returns By Period

In the year-to-date period, AVGW achieves a -13.46% return, which is significantly lower than ULTY's -3.71% return.

AVGW

• 1D: 6.58%
• 1M: -4.34%
• YTD: -13.46%
• 6M: -10.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTY

• 1D: 4.11%
• 1M: -7.74%
• YTD: -3.71%
• 6M: -18.53%
• 1Y: 11.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGW vs. ULTY - Expense Ratio Comparison

AVGW has a 0.99% expense ratio, which is lower than ULTY's 1.14% expense ratio.

ULTY

YieldMax Ultra Option Income Strategy ETF

AVGW

Roundhill AVGO WeeklyPay™ ETF

Return for Risk

AVGW vs. ULTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ULTY

ULTY Risk / Return Rank: 25
ULTY Sharpe Ratio Rank: 28
ULTY Sortino Ratio Rank: 28
ULTY Omega Ratio Rank: 27
ULTY Calmar Ratio Rank: 23
ULTY Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVGW vs. ULTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and YieldMax Ultra Option Income Strategy ETF (ULTY). 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

	AVGW	ULTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	-0.07	+0.20

Correlation

The correlation between AVGW and ULTY is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AVGW vs. ULTY - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 55.75%, less than ULTY's 131.16% yield.

	TTM	2025	2024
AVGW Roundhill AVGO WeeklyPay™ ETF	55.75%	31.15%	0.00%
ULTY YieldMax Ultra Option Income Strategy ETF	131.16%	142.99%	111.70%

Drawdowns

AVGW vs. ULTY - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, which is greater than ULTY's maximum drawdown of -26.85%. Use the drawdown chart below to compare losses from any high point for AVGW and ULTY.

Drawdown Indicators

	AVGW	ULTY	Difference
Max Drawdown Largest peak-to-trough decline	-34.65%	-26.85%	-7.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-24.16%	—
Current Drawdown Current decline from peak	-30.35%	-21.05%	-9.30%
Average Drawdown Average peak-to-trough decline	-13.61%	-9.04%	-4.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.04%	—

Volatility

Volatility by Period

	AVGW	ULTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.19%	25.30%	+28.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.19%	27.64%	+26.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.19%	27.64%	+26.55%