PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FBY vs. ULTY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBY and ULTY is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

FBY vs. ULTY - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
19.66%
2.45%
FBY
ULTY

Key characteristics

Daily Std Dev

FBY:

25.91%

ULTY:

29.06%

Max Drawdown

FBY:

-15.14%

ULTY:

-20.99%

Current Drawdown

FBY:

-4.87%

ULTY:

-3.88%

Returns By Period


FBY

YTD

43.68%

1M

3.12%

6M

23.72%

1Y

46.09%

5Y*

N/A

10Y*

N/A

ULTY

YTD

N/A

1M

-1.08%

6M

8.03%

1Y

N/A

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FBY vs. ULTY - Expense Ratio Comparison

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


ULTY
YieldMax Ultra Option Income Strategy ETF
Expense ratio chart for ULTY: current value at 1.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.14%
Expense ratio chart for FBY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Risk-Adjusted Performance

FBY vs. ULTY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax META Option Income ETF (FBY) 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.


Sharpe ratio
The chart of Sharpe ratio for FBY, currently valued at 1.81, compared to the broader market0.002.004.001.81
The chart of Sortino ratio for FBY, currently valued at 2.35, compared to the broader market-2.000.002.004.006.008.0010.002.35
The chart of Omega ratio for FBY, currently valued at 1.36, compared to the broader market0.501.001.502.002.503.001.36
The chart of Calmar ratio for FBY, currently valued at 3.09, compared to the broader market0.005.0010.0015.003.09
The chart of Martin ratio for FBY, currently valued at 9.01, compared to the broader market0.0020.0040.0060.0080.00100.009.01
FBY
ULTY


Chart placeholderNot enough data

Dividends

FBY vs. ULTY - Dividend Comparison

FBY's dividend yield for the trailing twelve months is around 54.18%, less than ULTY's 109.62% yield.


TTM2023
FBY
YieldMax META Option Income ETF
54.18%8.31%
ULTY
YieldMax Ultra Option Income Strategy ETF
109.62%0.00%

Drawdowns

FBY vs. ULTY - Drawdown Comparison

The maximum FBY drawdown since its inception was -15.14%, smaller than the maximum ULTY drawdown of -20.99%. Use the drawdown chart below to compare losses from any high point for FBY and ULTY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.87%
-3.88%
FBY
ULTY

Volatility

FBY vs. ULTY - Volatility Comparison

YieldMax META Option Income ETF (FBY) has a higher volatility of 5.50% compared to YieldMax Ultra Option Income Strategy ETF (ULTY) at 4.37%. This indicates that FBY's price experiences larger fluctuations and is considered to be riskier than ULTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
5.50%
4.37%
FBY
ULTY
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab