MTYY vs. ULTI

Last updated Jun 4, 2026

MTYY (GraniteShares YieldBoost MSTR ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.48 correlation, their price movements are largely independent. MTYY charges 1.07%/yr vs 1.25%/yr for ULTI.

Performance

MTYY vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBoost MSTR ETF (MTYY) 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, MTYY achieves a -26.59% return, which is significantly lower than ULTI's 43.46% return.

MTYY

• 1D: -0.37%
• 1M: -13.74%
• YTD: -26.59%
• 6M: -37.27%
• 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)

MTYY vs. ULTI - Yearly Performance Comparison

	2026 (YTD)	2025
MTYY GraniteShares YieldBoost MSTR ETF	-26.59%	-39.15%
ULTI REX IncomeMax Option Strategy ETF	43.46%	-38.31%

Correlation

The correlation between MTYY and ULTI is 0.48, 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 Nov 3, 2025	0.48

Return for Risk

MTYY vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost MSTR ETF (MTYY) 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

	MTYY	ULTI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-2.29	-0.31	-1.98

Drawdowns

MTYY vs. ULTI - Drawdown Comparison

The maximum MTYY drawdown since its inception was -66.57%, which is greater than ULTI's maximum drawdown of -41.74%. Use the drawdown chart below to compare losses from any high point for MTYY and ULTI.

Drawdown Indicators

	MTYY	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-66.57%	-41.74%	-24.83%
Current Drawdown Current decline from peak	-66.57%	-11.50%	-55.07%
Average Drawdown Average peak-to-trough decline	-48.79%	-28.13%	-20.66%

Volatility

Volatility by Period

	MTYY	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	34.85%	62.43%	-27.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.85%	62.43%	-27.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.85%	62.43%	-27.58%

MTYY vs. ULTI - Expense Ratio Comparison

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

Dividends

MTYY vs. ULTI - Dividend Comparison

MTYY's dividend yield for the trailing twelve months is around 183.32%, more than ULTI's 42.53% yield.

Position	TTM	2025
MTYY GraniteShares YieldBoost MSTR ETF	183.32%	48.98%
ULTI REX IncomeMax Option Strategy ETF	42.53%	14.96%

Frequently Asked Questions

Can I hold both MTYY and ULTI in my portfolio?

MTYY and ULTI have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MTYY or ULTI?

On fees, MTYY 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, MTYY or ULTI?

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

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

MTYY has the higher dividend yield at 183.32%, compared with 42.53% for ULTI.

What is the main difference between MTYY and ULTI?

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