GGT vs. YMAX

Last updated Apr 2, 2026

Compare and contrast key facts about The Gabelli Multimedia Trust Inc. (GGT) and YieldMax Universe Fund of Option Income ETFs (YMAX).

YMAX is an actively managed fund by YieldMax. It was launched on Jan 16, 2024.

Performance

GGT vs. YMAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Gabelli Multimedia Trust Inc. (GGT) and YieldMax Universe Fund of Option Income ETFs (YMAX). The values are adjusted to include any dividend payments, if applicable.

GGT vs. YMAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GGT The Gabelli Multimedia Trust Inc.	-1.11%	15.39%	-1.85%
YMAX YieldMax Universe Fund of Option Income ETFs	-13.50%	6.04%	26.26%

Returns By Period

In the year-to-date period, GGT achieves a -1.11% return, which is significantly higher than YMAX's -13.50% return.

GGT

• 1D: 0.25%
• 1M: -5.47%
• YTD: -1.11%
• 6M: 3.29%
• 1Y: 4.76%
• 3Y*: 6.28%
• 5Y*: -2.66%
• 10Y*: 7.19%

YMAX

• 1D: -0.42%
• 1M: -6.83%
• YTD: -13.50%
• 6M: -20.90%
• 1Y: 0.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

GGT vs. YMAX — Risk / Return Rank

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

GGT

GGT Risk / Return Rank: 47
GGT Sharpe Ratio Rank: 50
GGT Sortino Ratio Rank: 41
GGT Omega Ratio Rank: 40
GGT Calmar Ratio Rank: 51
GGT Martin Ratio Rank: 52

YMAX

YMAX Risk / Return Rank: 13
YMAX Sharpe Ratio Rank: 12
YMAX Sortino Ratio Rank: 12
YMAX Omega Ratio Rank: 12
YMAX Calmar Ratio Rank: 14
YMAX Martin Ratio Rank: 14

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.

GGT vs. YMAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Gabelli Multimedia Trust Inc. (GGT) 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.

	GGT	YMAX	Difference
Sharpe ratio Return per unit of total volatility	0.26	0.03	+0.23
Sortino ratio Return per unit of downside risk	0.49	0.22	+0.28
Omega ratio Gain probability vs. loss probability	1.06	1.03	+0.03
Calmar ratio Return relative to maximum drawdown	0.40	0.09	+0.32
Martin ratio Return relative to average drawdown	1.01	0.24	+0.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGT vs. YMAX - Sharpe Ratio Comparison

The current GGT Sharpe Ratio is 0.26, which is higher than the YMAX Sharpe Ratio of 0.03. The chart below compares the historical Sharpe Ratios of GGT and YMAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GGT	YMAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.26	0.03	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.30	-0.09

Correlation

The correlation between GGT and YMAX is 0.30, 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.

Dividends

GGT vs. YMAX - Dividend Comparison

GGT's dividend yield for the trailing twelve months is around 22.34%, less than YMAX's 88.51% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGT The Gabelli Multimedia Trust Inc.	22.34%	20.95%	19.59%	15.52%	16.45%	10.14%	11.06%	10.97%	12.75%	9.57%	11.46%	12.53%
YMAX YieldMax Universe Fund of Option Income ETFs	88.51%	78.70%	44.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GGT vs. YMAX - Drawdown Comparison

The maximum GGT drawdown since its inception was -80.93%, which is greater than YMAX's maximum drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for GGT and YMAX.

Drawdown Indicators

	GGT	YMAX	Difference
Max Drawdown Largest peak-to-trough decline	-80.93%	-26.13%	-54.80%
Max Drawdown (1Y) Largest decline over 1 year	-12.34%	-26.13%	+13.79%
Max Drawdown (5Y) Largest decline over 5 years	-50.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-57.52%	—	—
Current Drawdown Current decline from peak	-27.57%	-23.31%	-4.26%
Average Drawdown Average peak-to-trough decline	-25.53%	-5.88%	-19.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.94%	9.72%	-4.78%

Volatility

GGT vs. YMAX - Volatility Comparison

The current volatility for The Gabelli Multimedia Trust Inc. (GGT) is 5.66%, while YieldMax Universe Fund of Option Income ETFs (YMAX) has a volatility of 9.79%. This indicates that GGT experiences smaller price fluctuations and is considered to be less risky than YMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGT	YMAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.66%	9.79%	-4.13%
Volatility (6M) Calculated over the trailing 6-month period	13.12%	17.65%	-4.53%
Volatility (1Y) Calculated over the trailing 1-year period	18.56%	25.33%	-6.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.45%	23.00%	+3.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.09%	23.00%	+6.09%