FBY vs. ULTY
Compare and contrast key facts about YieldMax META Option Income ETF (FBY) and YieldMax Ultra Option Income Strategy ETF (ULTY).
FBY and ULTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBY is an actively managed fund by YieldMax. It was launched on Jul 27, 2023. ULTY is an actively managed fund by YieldMax. It was launched on Feb 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBY or ULTY.
Key characteristics
| FBY | ULTY | |
|---|---|---|
| Daily Std Dev | 25.72% | 30.71% |
| Max Drawdown | -15.14% | -20.99% |
| Current Drawdown | -1.03% | 0.00% |
Correlation
The correlation between FBY and ULTY is 0.34, 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.
Performance
FBY vs. ULTY - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FBY vs. ULTY - Expense Ratio Comparison
FBY has a 0.99% expense ratio, which is lower than ULTY's 1.14% expense ratio.
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.
Not enough dataDividends
FBY vs. ULTY - Dividend Comparison
FBY's dividend yield for the trailing twelve months is around 54.60%, less than ULTY's 78.29% yield.
| TTM | 2023 | |
|---|---|---|
FBY YieldMax META Option Income ETF | 54.60% | 8.31% |
ULTY YieldMax Ultra Option Income Strategy ETF | 78.29% | 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.
Volatility
FBY vs. ULTY - Volatility Comparison
The current volatility for YieldMax META Option Income ETF (FBY) is 5.54%, while YieldMax Ultra Option Income Strategy ETF (ULTY) has a volatility of 6.35%. This indicates that FBY experiences smaller price fluctuations and is considered to be less risky than ULTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.