GGT vs. YMAX
GGT (The Gabelli Multimedia Trust Inc.) is a stock, while YMAX (YieldMax Universe Fund of Option Income ETFs) is Derivative Income fund actively managed by YieldMax. Over the past year, GGT returned 21.83% vs -2.22% for YMAX. At a 0.31 correlation, their price movements are largely independent.
Performance
GGT vs. YMAX - Performance Comparison
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Returns By Period
In the year-to-date period, GGT achieves a 11.83% return, which is significantly higher than YMAX's 2.28% return.
GGT
- 1D
- -0.24%
- 1M
- -0.24%
- 6M
- 11.04%
- YTD
- 11.83%
- 1Y
- 21.83%
- 3Y*
- 3.44%
- 5Y*
- -0.97%
- 10Y*
- 7.97%
YMAX
- 1D
- -1.26%
- 1M
- 2.73%
- 6M
- -0.00%
- YTD
- 2.28%
- 1Y
- -2.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GGT vs. YMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GGT The Gabelli Multimedia Trust Inc. | 11.83% | 15.39% | -3.62% |
YMAX YieldMax Universe Fund of Option Income ETFs | 2.28% | 6.04% | 26.90% |
Correlation
The correlation between GGT and YMAX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2024 | 0.31 |
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Return for Risk
GGT vs. YMAX — Risk / Return Rank
GGT
YMAX
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.
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.
| GGT | YMAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.42 | ||
| Sortino ratioReturn per unit of downside risk | +1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.00 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | -0.09 | +2.95 |
| Martin ratioReturn relative to average drawdown | 8.13 | -0.20 | +8.32 |
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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.
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Drawdown Indicators
| GGT | YMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.93% | -26.13% | -54.80% |
Max Drawdown (1Y)Largest decline over 1 year | -7.65% | -26.13% | +18.48% |
Max Drawdown (3Y)Largest decline over 3 years | -33.25% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -42.32% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.52% | — | — |
Current DrawdownCurrent decline from peak | -18.09% | -9.33% | -8.76% |
Average DrawdownAverage peak-to-trough decline | -25.49% | -6.45% | -19.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 11.43% | -8.74% |
Volatility
GGT vs. YMAX - Volatility Comparison
The current volatility for The Gabelli Multimedia Trust Inc. (GGT) is 4.64%, while YieldMax Universe Fund of Option Income ETFs (YMAX) has a volatility of 7.96%. 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.
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Volatility by Period
| GGT | YMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.64% | 7.96% | -3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 12.31% | 19.94% | -7.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.57% | 23.81% | -7.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.72% | 23.53% | +2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.12% | 23.53% | +5.59% |
Dividends
GGT vs. YMAX - Dividend Comparison
GGT's dividend yield for the trailing twelve months is around 20.80%, less than YMAX's 72.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGT The Gabelli Multimedia Trust Inc. | 20.80% | 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 | 72.04% | 78.70% | 44.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GGT and YMAX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YMAX has higher volatility (7.96%) compared to GGT (4.64%). In terms of maximum drawdown, GGT dropped -80.93% vs YMAX's -26.13%.
GGT currently has the higher Sharpe Ratio (1.33 vs -0.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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