MEMY vs. ULTI

Last updated Jun 24, 2026

MEMY (Tuttle Capital Meme Stock Income Blast ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. MEMY charges 0.99%/yr vs 1.25%/yr for ULTI.

Performance

MEMY vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Meme Stock Income Blast ETF (MEMY) and REX IncomeMax Option Strategy ETF (ULTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MEMY

• 1D: -3.21%
• 1M: -7.80%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTI

• 1D: -4.03%
• 1M: -13.99%
• YTD: 19.91%
• 6M: 11.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MEMY vs. ULTI - Yearly Performance Comparison

	2026 (YTD)
MEMY Tuttle Capital Meme Stock Income Blast ETF	-6.17%
ULTI REX IncomeMax Option Strategy ETF	-4.20%

Correlation

The correlation between MEMY and ULTI is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 20, 2026	0.82

Return for Risk

MEMY vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Meme Stock Income Blast ETF (MEMY) 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

MEMY vs. ULTI - Drawdown Comparison

The maximum MEMY drawdown since its inception was -27.45%, smaller than the maximum ULTI drawdown of -42.09%. Use the drawdown chart below to compare losses from any high point for MEMY and ULTI.

Drawdown Indicators

	MEMY	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-27.45%	-42.09%	+14.64%
Current Drawdown Current decline from peak	-15.67%	-26.47%	+10.80%
Average Drawdown Average peak-to-trough decline	-13.19%	-27.80%	+14.61%

Volatility

Volatility by Period

	MEMY	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	54.02%	62.18%	-8.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.02%	62.18%	-8.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.02%	62.18%	-8.16%

MEMY vs. ULTI - Expense Ratio Comparison

MEMY has a 0.99% expense ratio, which is lower than ULTI's 1.25% expense ratio.

Dividends

MEMY vs. ULTI - Dividend Comparison

MEMY's dividend yield for the trailing twelve months is around 7.02%, less than ULTI's 57.64% yield.

Position	TTM	2025
MEMY Tuttle Capital Meme Stock Income Blast ETF	7.02%	0.00%
ULTI REX IncomeMax Option Strategy ETF	57.64%	14.96%

Frequently Asked Questions

Can I hold both MEMY and ULTI in my portfolio?

MEMY and ULTI have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MEMY or ULTI?

On fees, MEMY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEMY or ULTI?

MEMY is cheaper with a 0.99% expense ratio, compared with 1.25% for ULTI.

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

ULTI has the higher dividend yield at 57.64%, compared with 7.02% for MEMY.

What is the main difference between MEMY and ULTI?

They also come from different issuers: Tuttle and REX Shares. Their fees differ too: 0.99% for MEMY and 1.25% for ULTI.