ISSB vs. ULTI

Last updated Jun 5, 2026

ISSB (IncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. ISSB charges 1.14%/yr vs 1.25%/yr for ULTI.

Performance

ISSB vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETF (ISSB) and REX IncomeMax Option Strategy ETF (ULTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ISSB

• 1D: -2.11%
• 1M: -21.59%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTI

• 1D: 0.03%
• 1M: 13.95%
• YTD: 43.51%
• 6M: 18.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ISSB vs. ULTI - Yearly Performance Comparison

	2026 (YTD)
ISSB IncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETF	-21.95%
ULTI REX IncomeMax Option Strategy ETF	16.52%

Correlation

The correlation between ISSB and ULTI is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	0.53

Return for Risk

ISSB vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETF (ISSB) 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

	ISSB	ULTI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.84	-0.30	-0.54

Drawdowns

ISSB vs. ULTI - Drawdown Comparison

The maximum ISSB drawdown since its inception was -29.67%, smaller than the maximum ULTI drawdown of -41.74%. Use the drawdown chart below to compare losses from any high point for ISSB and ULTI.

Drawdown Indicators

	ISSB	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-29.67%	-41.74%	+12.07%
Current Drawdown Current decline from peak	-24.73%	-11.47%	-13.26%
Average Drawdown Average peak-to-trough decline	-16.02%	-28.02%	+12.00%

Volatility

Volatility by Period

	ISSB	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	58.47%	62.21%	-3.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.47%	62.21%	-3.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.47%	62.21%	-3.74%

ISSB vs. ULTI - Expense Ratio Comparison

ISSB has a 1.14% expense ratio, which is lower than ULTI's 1.25% expense ratio.

Dividends

ISSB vs. ULTI - Dividend Comparison

ISSB's dividend yield for the trailing twelve months is around 7.96%, less than ULTI's 44.50% yield.

Position	TTM	2025
ISSB IncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETF	7.96%	0.00%
ULTI REX IncomeMax Option Strategy ETF	44.50%	14.96%

Frequently Asked Questions

Can I hold both ISSB and ULTI in my portfolio?

ISSB and ULTI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISSB or ULTI?

On fees, ISSB is cheaper at 1.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ISSB or ULTI?

ISSB is cheaper with a 1.14% expense ratio, compared with 1.25% for ULTI.

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

ULTI has the higher dividend yield at 44.50%, compared with 7.96% for ISSB.

What is the main difference between ISSB and ULTI?

They also come from different issuers: Quantify Funds and REX Shares. Their fees differ too: 1.14% for ISSB and 1.25% for ULTI.