HMYY vs. ULTI

Last updated Jun 4, 2026

HMYY (GraniteShares YieldBOOST HIMS ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.38 correlation, their price movements are largely independent. HMYY charges 1.07%/yr vs 1.25%/yr for ULTI.

Performance

HMYY vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST HIMS ETF (HMYY) and REX IncomeMax Option Strategy ETF (ULTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HMYY achieves a -42.94% return, which is significantly lower than ULTI's 43.46% return.

HMYY

• 1D: 0.14%
• 1M: 0.85%
• YTD: -42.94%
• 6M: -51.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTI

• 1D: -3.05%
• 1M: 12.53%
• YTD: 43.46%
• 6M: 22.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HMYY vs. ULTI - Yearly Performance Comparison

	2026 (YTD)	2025
HMYY GraniteShares YieldBOOST HIMS ETF	-42.94%	-14.43%
ULTI REX IncomeMax Option Strategy ETF	43.46%	-11.75%

Correlation

The correlation between HMYY and ULTI is 0.38, 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 Dec 3, 2025	0.38

Return for Risk

HMYY vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST HIMS ETF (HMYY) 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.

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

Sharpe Ratios by Period

	HMYY	ULTI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-2.36	-0.31	-2.05

Drawdowns

HMYY vs. ULTI - Drawdown Comparison

The maximum HMYY drawdown since its inception was -56.88%, which is greater than ULTI's maximum drawdown of -41.74%. Use the drawdown chart below to compare losses from any high point for HMYY and ULTI.

Drawdown Indicators

	HMYY	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-56.88%	-41.74%	-15.14%
Current Drawdown Current decline from peak	-54.31%	-11.50%	-42.81%
Average Drawdown Average peak-to-trough decline	-40.88%	-28.13%	-12.75%

Volatility

Volatility by Period

	HMYY	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.55%	62.43%	-29.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.55%	62.43%	-29.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.55%	62.43%	-29.88%

HMYY vs. ULTI - Expense Ratio Comparison

HMYY has a 1.07% expense ratio, which is lower than ULTI's 1.25% expense ratio.

Dividends

HMYY vs. ULTI - Dividend Comparison

HMYY's dividend yield for the trailing twelve months is around 102.98%, more than ULTI's 42.53% yield.

Position	TTM	2025
HMYY GraniteShares YieldBOOST HIMS ETF	102.98%	12.86%
ULTI REX IncomeMax Option Strategy ETF	42.53%	14.96%

Frequently Asked Questions

Can I hold both HMYY and ULTI in my portfolio?

HMYY and ULTI have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HMYY or ULTI?

On fees, HMYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HMYY or ULTI?

HMYY is cheaper with a 1.07% expense ratio, compared with 1.25% for ULTI.

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

HMYY has the higher dividend yield at 102.98%, compared with 42.53% for ULTI.

What is the main difference between HMYY and ULTI?

They also come from different issuers: GraniteShares and REX Shares. Their fees differ too: 1.07% for HMYY and 1.25% for ULTI.