HAKY vs. ULTI

Last updated Jul 16, 2026

HAKY (Amplify HACK Cybersecurity Covered Call ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. HAKY charges 0.65%/yr vs 1.25%/yr for ULTI.

Performance

HAKY vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify HACK Cybersecurity Covered Call ETF (HAKY) and REX IncomeMax Option Strategy ETF (ULTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HAKY

• 1D: -3.04%
• 1M: 11.94%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTI

• 1D: -2.81%
• 1M: -24.77%
• 6M: -22.06%
• YTD: -3.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HAKY vs. ULTI - Yearly Performance Comparison

	2026 (YTD)
HAKY Amplify HACK Cybersecurity Covered Call ETF	32.19%
ULTI REX IncomeMax Option Strategy ETF	-22.46%

Correlation

The correlation between HAKY and ULTI is 0.29, 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 Jan 21, 2026	0.29

Return for Risk

HAKY vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify HACK Cybersecurity Covered Call ETF (HAKY) and REX IncomeMax Option Strategy ETF (ULTI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

HAKY vs. ULTI - Drawdown Comparison

The maximum HAKY drawdown since its inception was -13.12%, smaller than the maximum ULTI drawdown of -42.09%. Use the drawdown chart below to compare losses from any high point for HAKY and ULTI.

Drawdown Indicators

	HAKY	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-13.12%	-42.09%	+28.97%
Current Drawdown Current decline from peak	-3.04%	-41.08%	+38.04%
Average Drawdown Average peak-to-trough decline	-4.53%	-28.36%	+23.83%

Volatility

Volatility by Period

	HAKY	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	31.41%	61.35%	-29.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.41%	61.35%	-29.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.41%	61.35%	-29.94%

HAKY vs. ULTI - Expense Ratio Comparison

HAKY has a 0.65% expense ratio, which is lower than ULTI's 1.25% expense ratio.

Dividends

HAKY vs. ULTI - Dividend Comparison

HAKY's dividend yield for the trailing twelve months is around 6.37%, less than ULTI's 79.75% yield.

Position	TTM	2025
HAKY Amplify HACK Cybersecurity Covered Call ETF	6.37%	0.00%
ULTI REX IncomeMax Option Strategy ETF	79.75%	14.96%

Frequently Asked Questions

Can I hold both HAKY and ULTI in my portfolio?

HAKY and ULTI have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HAKY or ULTI?

On fees, HAKY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HAKY or ULTI?

HAKY is cheaper with a 0.65% expense ratio, compared with 1.25% for ULTI.

Which ETF pays a higher dividend yield, HAKY or ULTI?

ULTI has the higher dividend yield at 79.75%, compared with 6.37% for HAKY.

What is the main difference between HAKY and ULTI?

They also come from different issuers: Amplify and REX Shares. Their fees differ too: 0.65% for HAKY and 1.25% for ULTI.