HBIL-U.TO vs. GPTY
HBIL-U.TO (Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units) and GPTY (YieldMax AI & Tech Portfolio Option Income ETF) are both exchange-traded funds - HBIL-U.TO is a Government Bonds fund actively managed by Hamilton, while GPTY is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, HBIL-U.TO returned 4.03% vs 25.58% for GPTY. At a 0.08 correlation, their price movements are largely independent.
Performance
HBIL-U.TO vs. GPTY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HBIL-U.TO achieves a 1.33% return, which is significantly lower than GPTY's 19.07% return.
HBIL-U.TO
- 1D
- 0.00%
- 1M
- -0.31%
- 6M
- 1.06%
- YTD
- 1.33%
- 1Y
- 4.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GPTY
- 1D
- -3.10%
- 1M
- -8.33%
- 6M
- 16.85%
- YTD
- 19.07%
- 1Y
- 25.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HBIL-U.TO vs. GPTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HBIL-U.TO Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units | 1.33% | 4.47% |
GPTY YieldMax AI & Tech Portfolio Option Income ETF | 19.07% | 17.77% |
Correlation
The correlation between HBIL-U.TO and GPTY 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 |
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
HBIL-U.TO vs. GPTY — Risk / Return Rank
HBIL-U.TO
GPTY
HBIL-U.TO vs. GPTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units (HBIL-U.TO) and YieldMax AI & Tech Portfolio Option Income ETF (GPTY). 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.
| HBIL-U.TO | GPTY | 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 | 1.48 | 1.18 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | 1.33 | +2.46 |
| Martin ratioReturn relative to average drawdown | 14.49 | 3.30 | +11.19 |
Loading charts...
Drawdowns
HBIL-U.TO vs. GPTY - Drawdown Comparison
The maximum HBIL-U.TO drawdown since its inception was -1.48%, smaller than the maximum GPTY drawdown of -26.62%. Use the drawdown chart below to compare losses from any high point for HBIL-U.TO and GPTY.
Loading charts...
Drawdown Indicators
| HBIL-U.TO | GPTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.48% | -26.62% | +25.14% |
Max Drawdown (1Y)Largest decline over 1 year | -1.07% | -19.32% | +18.25% |
Current DrawdownCurrent decline from peak | -1.00% | -13.92% | +12.92% |
Average DrawdownAverage peak-to-trough decline | -0.33% | -6.63% | +6.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.28% | 7.77% | -7.49% |
Volatility
HBIL-U.TO vs. GPTY - Volatility Comparison
The current volatility for Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units (HBIL-U.TO) is 1.21%, while YieldMax AI & Tech Portfolio Option Income ETF (GPTY) has a volatility of 8.79%. This indicates that HBIL-U.TO experiences smaller price fluctuations and is considered to be less risky than GPTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HBIL-U.TO | GPTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 8.79% | -7.58% |
Volatility (6M)Calculated over the trailing 6-month period | 1.64% | 21.74% | -20.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.91% | 26.51% | -24.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.12% | 29.74% | -27.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.12% | 29.74% | -27.62% |
Dividends
HBIL-U.TO vs. GPTY - Dividend Comparison
HBIL-U.TO's dividend yield for the trailing twelve months is around 6.75%, less than GPTY's 39.37% 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
HBIL-U.TO and GPTY 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.
HBIL-U.TO is categorized as Government Bonds, while GPTY is Derivative Income. They also come from different issuers: Hamilton and YieldMax.
Find the right allocation for HBIL-U.TO and GPTY
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