GMEY vs. YMAX
GMEY (YieldMax GME Option Income Strategy ETF) and YMAX (YieldMax Universe Fund of Option Income ETFs) are both Derivative Income funds from YieldMax. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. GMEY charges 0.99%/yr vs 1.28%/yr for YMAX.
Performance
GMEY vs. YMAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GMEY achieves a 1.59% return, which is significantly higher than YMAX's 0.32% return.
GMEY
- 1D
- -1.50%
- 1M
- -11.34%
- YTD
- 1.59%
- 6M
- -9.88%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YMAX
- 1D
- -5.63%
- 1M
- -2.20%
- YTD
- 0.32%
- 6M
- -2.41%
- 1Y
- 4.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GMEY vs. YMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GMEY YieldMax GME Option Income Strategy ETF | 1.59% | -16.17% |
YMAX YieldMax Universe Fund of Option Income ETFs | 0.32% | -5.11% |
Correlation
The correlation between GMEY and YMAX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025 | 0.35 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GMEY vs. YMAX — Risk / Return Rank
GMEY
YMAX
GMEY vs. YMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax GME Option Income Strategy ETF (GMEY) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| GMEY | YMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.67 | 0.57 | -1.25 |
Drawdowns
GMEY vs. YMAX - Drawdown Comparison
The maximum GMEY drawdown since its inception was -25.67%, roughly equal to the maximum YMAX drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for GMEY and YMAX.
Loading charts...
Drawdown Indicators
| GMEY | YMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.67% | -26.13% | +0.46% |
Max Drawdown (1Y)Largest decline over 1 year | — | -26.13% | — |
Current DrawdownCurrent decline from peak | -23.34% | -11.06% | -12.28% |
Average DrawdownAverage peak-to-trough decline | -16.60% | -6.34% | -10.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 11.02% | — |
Volatility
GMEY vs. YMAX - Volatility Comparison
Loading charts...
Volatility by Period
| GMEY | YMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.24% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.03% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 29.07% | 22.33% | +6.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.07% | 23.23% | +5.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.07% | 23.23% | +5.84% |
GMEY vs. YMAX - Expense Ratio Comparison
GMEY has a 0.99% expense ratio, which is lower than YMAX's 1.28% expense ratio.
Dividends
GMEY vs. YMAX - Dividend Comparison
GMEY's dividend yield for the trailing twelve months is around 52.28%, less than YMAX's 74.98% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GMEY YieldMax GME Option Income Strategy ETF | 52.28% | 21.84% | 0.00% |
YMAX YieldMax Universe Fund of Option Income ETFs | 74.98% | 78.70% | 44.20% |
Frequently Asked Questions
GMEY and YMAX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GMEY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GMEY is cheaper with a 0.99% expense ratio, compared with 1.28% for YMAX.
YMAX has the higher dividend yield at 74.98%, compared with 52.28% for GMEY.
Their fees differ too: 0.99% for GMEY and 1.28% for YMAX.
Find the right allocation for GMEY and YMAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer