DUKQ vs. SLTY

Last updated Jun 5, 2026

DUKQ (Ocean Park Domestic ETF) and SLTY (YieldMax Ultra Short Option Income Strategy ETF) are both exchange-traded funds - DUKQ is a Large Cap Blend Equities fund actively managed by Ocean Park, while SLTY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. At a correlation of -0.64, they often move in opposite directions. DUKQ charges 0.98%/yr vs 1.24%/yr for SLTY.

Performance

DUKQ vs. SLTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ocean Park Domestic ETF (DUKQ) and YieldMax Ultra Short Option Income Strategy ETF (SLTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DUKQ achieves a 13.22% return, which is significantly higher than SLTY's -6.43% return.

DUKQ

• 1D: 0.29%
• 1M: 5.34%
• YTD: 13.22%
• 6M: 12.99%
• 1Y: 27.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SLTY

• 1D: -0.46%
• 1M: -2.27%
• YTD: -6.43%
• 6M: -4.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DUKQ vs. SLTY - Yearly Performance Comparison

	2026 (YTD)	2025
DUKQ Ocean Park Domestic ETF	13.22%	5.88%
SLTY YieldMax Ultra Short Option Income Strategy ETF	-6.43%	-12.17%

Correlation

The correlation between DUKQ and SLTY is -0.64, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 22, 2025	-0.64

Return for Risk

DUKQ vs. SLTY — Risk / Return Rank

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

DUKQ

DUKQ Risk / Return Rank: 70
DUKQ Sharpe Ratio Rank: 67
DUKQ Sortino Ratio Rank: 66
DUKQ Omega Ratio Rank: 66
DUKQ Calmar Ratio Rank: 71
DUKQ Martin Ratio Rank: 77

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.

DUKQ vs. SLTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park Domestic ETF (DUKQ) and YieldMax Ultra Short Option Income Strategy ETF (SLTY). 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.

	DUKQ	SLTY	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	3.01	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	3.47	—	—
Martin ratio: Return relative to average drawdown	14.61	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DUKQ	SLTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	-1.21	+2.09

Drawdowns

DUKQ vs. SLTY - Drawdown Comparison

The maximum DUKQ drawdown since its inception was -18.44%, smaller than the maximum SLTY drawdown of -20.88%. Use the drawdown chart below to compare losses from any high point for DUKQ and SLTY.

Drawdown Indicators

	DUKQ	SLTY	Difference
Max Drawdown Largest peak-to-trough decline	-18.44%	-20.88%	+2.44%
Max Drawdown (1Y) Largest decline over 1 year	-7.84%	—	—
Current Drawdown Current decline from peak	-0.19%	-17.82%	+17.63%
Average Drawdown Average peak-to-trough decline	-3.90%	-13.75%	+9.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	—	—

Volatility

Volatility by Period

	DUKQ	SLTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.43%	18.38%	-5.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.77%	18.38%	-3.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.77%	18.38%	-3.61%

DUKQ vs. SLTY - Expense Ratio Comparison

DUKQ has a 0.98% expense ratio, which is lower than SLTY's 1.24% expense ratio.

Dividends

DUKQ vs. SLTY - Dividend Comparison

DUKQ's dividend yield for the trailing twelve months is around 0.66%, less than SLTY's 74.58% yield.

Position	TTM	2025	2024
DUKQ Ocean Park Domestic ETF	0.66%	0.68%	0.28%
SLTY YieldMax Ultra Short Option Income Strategy ETF	74.58%	29.68%	0.00%

Frequently Asked Questions

Can I hold both DUKQ and SLTY in my portfolio?

DUKQ and SLTY have a correlation of -0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DUKQ or SLTY?

On fees, DUKQ is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DUKQ or SLTY?

DUKQ is cheaper with a 0.98% expense ratio, compared with 1.24% for SLTY.

Which ETF pays a higher dividend yield, DUKQ or SLTY?

SLTY has the higher dividend yield at 74.58%, compared with 0.66% for DUKQ.

What is the main difference between DUKQ and SLTY?

DUKQ is categorized as Large Cap Blend Equities, while SLTY is Derivative Income. They also come from different issuers: Ocean Park and YieldMax. Their fees differ too: 0.98% for DUKQ and 1.24% for SLTY.