PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
KHYB vs. ULTY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KHYB and ULTY is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

KHYB vs. ULTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Asia Pacific High Income Bond ETF (KHYB) and YieldMax Ultra Option Income Strategy ETF (ULTY). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.35%
2.45%
KHYB
ULTY

Key characteristics

Daily Std Dev

KHYB:

4.14%

ULTY:

29.06%

Max Drawdown

KHYB:

-33.01%

ULTY:

-20.99%

Current Drawdown

KHYB:

-12.69%

ULTY:

-3.88%

Returns By Period


KHYB

YTD

8.31%

1M

-3.28%

6M

1.07%

1Y

8.49%

5Y*

-1.56%

10Y*

N/A

ULTY

YTD

N/A

1M

-1.08%

6M

8.03%

1Y

N/A

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


KHYB vs. ULTY - Expense Ratio Comparison

KHYB has a 0.69% expense ratio, which is lower than ULTY's 1.14% expense ratio.


ULTY
YieldMax Ultra Option Income Strategy ETF
Expense ratio chart for ULTY: current value at 1.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.14%
Expense ratio chart for KHYB: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

KHYB vs. ULTY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Asia Pacific High Income Bond ETF (KHYB) and YieldMax Ultra Option Income Strategy ETF (ULTY). 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.


Sharpe ratio
The chart of Sharpe ratio for KHYB, currently valued at 2.08, compared to the broader market0.002.004.002.08
The chart of Sortino ratio for KHYB, currently valued at 2.62, compared to the broader market-2.000.002.004.006.008.0010.002.62
The chart of Omega ratio for KHYB, currently valued at 1.49, compared to the broader market0.501.001.502.002.503.001.49
The chart of Calmar ratio for KHYB, currently valued at 0.44, compared to the broader market0.005.0010.0015.000.44
The chart of Martin ratio for KHYB, currently valued at 16.15, compared to the broader market0.0020.0040.0060.0080.00100.0016.15
KHYB
ULTY


Chart placeholderNot enough data

Dividends

KHYB vs. ULTY - Dividend Comparison

KHYB's dividend yield for the trailing twelve months is around 8.49%, less than ULTY's 109.62% yield.


TTM202320222021202020192018
KHYB
KraneShares Asia Pacific High Income Bond ETF
8.49%15.56%9.67%6.22%6.87%4.93%2.56%
ULTY
YieldMax Ultra Option Income Strategy ETF
109.62%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

KHYB vs. ULTY - Drawdown Comparison

The maximum KHYB drawdown since its inception was -33.01%, which is greater than ULTY's maximum drawdown of -20.99%. Use the drawdown chart below to compare losses from any high point for KHYB and ULTY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.70%
-3.88%
KHYB
ULTY

Volatility

KHYB vs. ULTY - Volatility Comparison

The current volatility for KraneShares Asia Pacific High Income Bond ETF (KHYB) is 2.37%, while YieldMax Ultra Option Income Strategy ETF (ULTY) has a volatility of 4.37%. This indicates that KHYB experiences smaller price fluctuations and is considered to be less risky than ULTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
2.37%
4.37%
KHYB
ULTY
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab