DDDD vs. YMAX

Last updated Aug 4, 2026

DDDD (YieldMax U.S. Stocks Target Double Distribution ETF) and YMAX (YieldMax Universe Fund of Option Income ETFs) are both Derivative Income funds from YieldMax. Both are actively managed. Their 0.08 correlation means their historical movements had little consistent relationship. DDDD charges 0.99%/yr vs 1.33%/yr for YMAX.

Performance

DDDD vs. YMAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax U.S. Stocks Target Double Distribution ETF (DDDD) and YieldMax Universe Fund of Option Income ETFs (YMAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDDD

• 1D: 0.53%
• 1M: 3.50%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

YMAX

• 1D: 1.76%
• 1M: -1.93%
• 6M: 5.27%
• YTD: 0.68%
• 1Y: -2.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.68%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	$365.80K	$291.65K	$204.25K
YMAX YieldMax Universe Fund of Option Income ETFs	$9.31M	$11.31M	$14.54M

DDDD vs. YMAX - Yearly Performance Comparison

	2026 (YTD)
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	8.50%
YMAX YieldMax Universe Fund of Option Income ETFs	8.12%

Correlation

The correlation between DDDD and YMAX is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.08

Return for Risk

DDDD vs. YMAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DDDD

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

YMAX

YMAX Risk / Return Rank: 10
YMAX Sharpe Ratio Rank: 10
YMAX Sortino Ratio Rank: 10
YMAX Omega Ratio Rank: 10
YMAX Calmar Ratio Rank: 10
YMAX Martin Ratio Rank: 10

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DDDD vs. YMAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax U.S. Stocks Target Double Distribution ETF (DDDD) and YieldMax Universe Fund of Option Income ETFs (YMAX). 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.

	DDDD	YMAX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.10	—
Sortino ratio: Return per unit of downside risk	—	0.03	—
Omega ratio: Gain probability vs. loss probability	—	1.00	—
Calmar ratio: Return relative to maximum drawdown	—	-0.09	—
Martin ratio: Return relative to average drawdown	—	-0.20	—

Drawdowns

DDDD vs. YMAX - Drawdown Comparison

The maximum DDDD drawdown since its inception was -3.04%, smaller than the maximum YMAX drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for DDDD and YMAX.

Drawdown Indicators

	DDDD	YMAX	Difference
Max Drawdown Largest peak-to-trough decline	-3.04%	-26.13%	+23.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.13%	—
Current Drawdown Current decline from peak	-0.97%	-10.75%	+9.78%
Average Drawdown Average peak-to-trough decline	-0.88%	-6.57%	+5.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.72%	—

Volatility

Volatility by Period

	DDDD	YMAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.59%	24.15%	-13.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.59%	23.51%	-12.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.59%	23.51%	-12.92%

DDDD vs. YMAX - Expense Ratio Comparison

DDDD has a 0.99% expense ratio, which is lower than YMAX's 1.33% expense ratio.

Dividends

DDDD vs. YMAX - Dividend Comparison

DDDD's dividend yield for the trailing twelve months is around 1.53%, less than YMAX's 71.74% yield.

Position	TTM	2025	2024
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	1.53%	0.00%	0.00%
YMAX YieldMax Universe Fund of Option Income ETFs	71.74%	78.70%	44.20%

Frequently Asked Questions

Can I hold both DDDD and YMAX in my portfolio?

DDDD and YMAX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDDD or YMAX?

On fees, DDDD is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDDD or YMAX?

DDDD is cheaper with a 0.99% expense ratio, compared with 1.33% for YMAX.

Which ETF pays a higher dividend yield, DDDD or YMAX?

YMAX has the higher dividend yield at 71.74%, compared with 1.53% for DDDD.

What is the main difference between DDDD and YMAX?

Their fees differ too: 0.99% for DDDD and 1.33% for YMAX.