GPTY vs. HBIL-U.TO
GPTY (YieldMax AI & Tech Portfolio Option Income ETF) and HBIL-U.TO (Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units) are both exchange-traded funds - GPTY is a Derivative Income fund actively managed by YieldMax, while HBIL-U.TO is a Government Bonds fund actively managed by Hamilton. Both are actively managed. Over the past year, GPTY returned 25.58% vs 4.03% for HBIL-U.TO. At a 0.08 correlation, their price movements are largely independent.
Performance
GPTY vs. HBIL-U.TO - Performance Comparison
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Returns By Period
In the year-to-date period, GPTY achieves a 19.07% return, which is significantly higher than HBIL-U.TO's 1.33% return.
GPTY
- 1D
- -3.10%
- 1M
- -8.33%
- 6M
- 16.85%
- YTD
- 19.07%
- 1Y
- 25.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HBIL-U.TO
- 1D
- 0.00%
- 1M
- -0.31%
- 6M
- 1.06%
- YTD
- 1.33%
- 1Y
- 4.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GPTY vs. HBIL-U.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GPTY YieldMax AI & Tech Portfolio Option Income ETF | 19.07% | 17.77% |
HBIL-U.TO Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units | 1.33% | 4.47% |
Correlation
The correlation between GPTY and HBIL-U.TO is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2025 | 0.08 |
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Return for Risk
GPTY vs. HBIL-U.TO — Risk / Return Rank
GPTY
HBIL-U.TO
GPTY vs. HBIL-U.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AI & Tech Portfolio Option Income ETF (GPTY) and Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units (HBIL-U.TO). 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.
| GPTY | HBIL-U.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.48 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 3.79 | -2.46 |
| Martin ratioReturn relative to average drawdown | 3.30 | 14.49 | -11.19 |
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Drawdowns
GPTY vs. HBIL-U.TO - Drawdown Comparison
The maximum GPTY drawdown since its inception was -26.62%, which is greater than HBIL-U.TO's maximum drawdown of -1.48%. Use the drawdown chart below to compare losses from any high point for GPTY and HBIL-U.TO.
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Drawdown Indicators
| GPTY | HBIL-U.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.62% | -1.48% | -25.14% |
Max Drawdown (1Y)Largest decline over 1 year | -19.32% | -1.07% | -18.25% |
Current DrawdownCurrent decline from peak | -13.92% | -1.00% | -12.92% |
Average DrawdownAverage peak-to-trough decline | -6.63% | -0.33% | -6.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.77% | 0.28% | +7.49% |
Volatility
GPTY vs. HBIL-U.TO - Volatility Comparison
YieldMax AI & Tech Portfolio Option Income ETF (GPTY) has a higher volatility of 8.79% compared to Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units (HBIL-U.TO) at 1.21%. This indicates that GPTY's price experiences larger fluctuations and is considered to be riskier than HBIL-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GPTY | HBIL-U.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.79% | 1.21% | +7.58% |
Volatility (6M)Calculated over the trailing 6-month period | 21.74% | 1.64% | +20.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.51% | 1.91% | +24.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.74% | 2.12% | +27.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.74% | 2.12% | +27.62% |
Dividends
GPTY vs. HBIL-U.TO - Dividend Comparison
GPTY's dividend yield for the trailing twelve months is around 39.37%, more than HBIL-U.TO's 6.75% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GPTY YieldMax AI & Tech Portfolio Option Income ETF | 39.37% | 34.23% | 0.00% |
HBIL-U.TO Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units | 6.75% | 7.37% | 2.40% |
Frequently Asked Questions
GPTY and HBIL-U.TO have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GPTY is categorized as Derivative Income, while HBIL-U.TO is Government Bonds. They also come from different issuers: YieldMax and Hamilton.
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