RDYY vs. ALTL

Last updated Jun 4, 2026

RDYY (YieldMax RDDT Option Income Strategy ETF) and ALTL (Pacer Lunt Large Cap Alternator ETF) are both exchange-traded funds - RDYY is a Derivative Income fund actively managed by YieldMax, while ALTL is a Large Cap Growth Equities fund tracking the Lunt Capital US Large Cap Equity Rotation Index. RDYY is actively managed, while ALTL is passively managed. At a 0.16 correlation, their price movements are largely independent. RDYY charges 0.99%/yr vs 0.60%/yr for ALTL.

Performance

RDYY vs. ALTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax RDDT Option Income Strategy ETF (RDYY) and Pacer Lunt Large Cap Alternator ETF (ALTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDYY achieves a -22.78% return, which is significantly lower than ALTL's 16.90% return.

RDYY

• 1D: 0.78%
• 1M: 2.65%
• YTD: -22.78%
• 6M: -20.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ALTL

• 1D: -0.66%
• 1M: 12.43%
• YTD: 16.90%
• 6M: 16.56%
• 1Y: 44.84%
• 3Y*: 13.86%
• 5Y*: 5.04%
• 10Y*: —

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

RDYY vs. ALTL - Yearly Performance Comparison

	2026 (YTD)	2025
RDYY YieldMax RDDT Option Income Strategy ETF	-22.78%	-6.52%
ALTL Pacer Lunt Large Cap Alternator ETF	16.90%	6.23%

Correlation

The correlation between RDYY and ALTL is 0.16, 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 Sep 10, 2025	0.16

Return for Risk

RDYY vs. ALTL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALTL

ALTL Risk / Return Rank: 78
ALTL Sharpe Ratio Rank: 77
ALTL Sortino Ratio Rank: 72
ALTL Omega Ratio Rank: 74
ALTL Calmar Ratio Rank: 84
ALTL Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RDYY vs. ALTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax RDDT Option Income Strategy ETF (RDYY) and Pacer Lunt Large Cap Alternator ETF (ALTL). 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

	RDYY	ALTL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.51	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.67	0.73	-1.39

Drawdowns

RDYY vs. ALTL - Drawdown Comparison

The maximum RDYY drawdown since its inception was -51.16%, which is greater than ALTL's maximum drawdown of -31.91%. Use the drawdown chart below to compare losses from any high point for RDYY and ALTL.

Drawdown Indicators

	RDYY	ALTL	Difference
Max Drawdown Largest peak-to-trough decline	-51.16%	-31.91%	-19.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.79%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.91%	—
Current Drawdown Current decline from peak	-34.14%	-0.66%	-33.48%
Average Drawdown Average peak-to-trough decline	-28.62%	-11.58%	-17.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.75%	—

Volatility

Volatility by Period

	RDYY	ALTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.12%	18.05%	+36.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.12%	18.38%	+35.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.12%	20.09%	+34.03%

RDYY vs. ALTL - Expense Ratio Comparison

RDYY has a 0.99% expense ratio, which is higher than ALTL's 0.60% expense ratio.

Dividends

RDYY vs. ALTL - Dividend Comparison

RDYY's dividend yield for the trailing twelve months is around 83.18%, more than ALTL's 0.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ALTL Pacer Lunt Large Cap Alternator ETF	0.94%	0.95%	1.56%	1.28%	1.23%	1.06%	0.75%
RDYY YieldMax RDDT Option Income Strategy ETF	83.18%	25.20%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RDYY and ALTL in my portfolio?

RDYY and ALTL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RDYY or ALTL?

On fees, ALTL is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RDYY or ALTL?

ALTL is cheaper with a 0.60% expense ratio, compared with 0.99% for RDYY.

Which ETF pays a higher dividend yield, RDYY or ALTL?

RDYY has the higher dividend yield at 83.18%, compared with 0.94% for ALTL.

What is the main difference between RDYY and ALTL?

RDYY is categorized as Derivative Income, while ALTL is Large Cap Growth Equities. They also come from different issuers: YieldMax and Pacer. Their fees differ too: 0.99% for RDYY and 0.60% for ALTL.