QQQT vs. ULTY
Compare and contrast key facts about Defiance Nasdaq 100 Income Target ETF (QQQT) and YieldMax Ultra Option Income Strategy ETF (ULTY).
QQQT and ULTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQT is an actively managed fund by Defiance. It was launched on Jun 20, 2024. ULTY is an actively managed fund by YieldMax. It was launched on Feb 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQT or ULTY.
Correlation
The correlation between QQQT and ULTY is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QQQT vs. ULTY - Performance Comparison
Key characteristics
QQQT:
18.35%
ULTY:
27.58%
QQQT:
-12.92%
ULTY:
-20.99%
QQQT:
-0.32%
ULTY:
0.00%
Returns By Period
In the year-to-date period, QQQT achieves a 4.51% return, which is significantly lower than ULTY's 6.36% return.
QQQT
4.51%
2.33%
10.26%
N/A
N/A
N/A
ULTY
6.36%
3.26%
17.93%
N/A
N/A
N/A
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QQQT vs. ULTY - Expense Ratio Comparison
QQQT has a 1.05% expense ratio, which is lower than ULTY's 1.14% expense ratio.
Risk-Adjusted Performance
QQQT vs. ULTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Income Target ETF (QQQT) 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.
Not enough dataDividends
QQQT vs. ULTY - Dividend Comparison
QQQT's dividend yield for the trailing twelve months is around 11.73%, less than ULTY's 132.63% yield.
| TTM | 2024 | |
|---|---|---|
QQQT Defiance Nasdaq 100 Income Target ETF | 11.73% | 10.35% |
ULTY YieldMax Ultra Option Income Strategy ETF | 132.63% | 111.69% |
Drawdowns
QQQT vs. ULTY - Drawdown Comparison
The maximum QQQT drawdown since its inception was -12.92%, smaller than the maximum ULTY drawdown of -20.99%. Use the drawdown chart below to compare losses from any high point for QQQT and ULTY. For additional features, visit the drawdowns tool.
Volatility
QQQT vs. ULTY - Volatility Comparison
The current volatility for Defiance Nasdaq 100 Income Target ETF (QQQT) is 4.62%, while YieldMax Ultra Option Income Strategy ETF (ULTY) has a volatility of 4.89%. This indicates that QQQT 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.