RNTY vs. YMAX

Last updated Jun 4, 2026

RNTY (YieldMax Target 12™ Real Estate Option Income ETF) and YMAX (YieldMax Universe Fund of Option Income ETFs) are both Derivative Income funds from YieldMax. Both are actively managed. Over the past year, RNTY returned 8.01% vs 9.02% for YMAX. At a 0.21 correlation, their price movements are largely independent. RNTY charges 0.99%/yr vs 1.28%/yr for YMAX.

Performance

RNTY vs. YMAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Target 12™ Real Estate Option Income ETF (RNTY) and YieldMax Universe Fund of Option Income ETFs (YMAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with RNTY having a 6.19% return and YMAX slightly lower at 6.06%.

RNTY

• 1D: 0.75%
• 1M: -0.56%
• YTD: 6.19%
• 6M: 6.38%
• 1Y: 8.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YMAX

• 1D: -1.70%
• 1M: 6.76%
• YTD: 6.06%
• 6M: 3.56%
• 1Y: 9.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RNTY vs. YMAX - Yearly Performance Comparison

	2026 (YTD)	2025
RNTY YieldMax Target 12™ Real Estate Option Income ETF	6.19%	4.10%
YMAX YieldMax Universe Fund of Option Income ETFs	6.06%	22.03%

Correlation

The correlation between RNTY and YMAX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (All Time) Calculated using the full available price history since Apr 21, 2025	0.21

Return for Risk

RNTY vs. YMAX — Risk / Return Rank

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

RNTY

RNTY Risk / Return Rank: 22
RNTY Sharpe Ratio Rank: 22
RNTY Sortino Ratio Rank: 20
RNTY Omega Ratio Rank: 20
RNTY Calmar Ratio Rank: 23
RNTY Martin Ratio Rank: 25

YMAX

YMAX Risk / Return Rank: 14
YMAX Sharpe Ratio Rank: 14
YMAX Sortino Ratio Rank: 14
YMAX Omega Ratio Rank: 15
YMAX Calmar Ratio Rank: 13
YMAX Martin Ratio Rank: 12

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.

RNTY vs. YMAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Target 12™ Real Estate Option Income ETF (RNTY) and YieldMax Universe Fund of Option Income ETFs (YMAX). 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.

	RNTY	YMAX	Difference
Sharpe ratio: Return per unit of total volatility	0.76	0.42	+0.34
Sortino ratio: Return per unit of downside risk	1.09	0.70	+0.39
Omega ratio: Gain probability vs. loss probability	1.14	1.09	+0.04
Calmar ratio: Return relative to maximum drawdown	1.02	0.35	+0.67
Martin ratio: Return relative to average drawdown	3.40	0.82	+2.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RNTY vs. YMAX - Sharpe Ratio Comparison

The current RNTY Sharpe Ratio is 0.76, which is higher than the YMAX Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of RNTY and YMAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RNTY	YMAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	0.42	+0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.70	+0.18

Drawdowns

RNTY vs. YMAX - Drawdown Comparison

The maximum RNTY drawdown since its inception was -7.91%, smaller than the maximum YMAX drawdown of -26.13%. Use the drawdown chart below to compare losses from any high point for RNTY and YMAX.

Drawdown Indicators

	RNTY	YMAX	Difference
Max Drawdown Largest peak-to-trough decline	-7.91%	-26.13%	+18.22%
Max Drawdown (1Y) Largest decline over 1 year	-7.91%	-26.13%	+18.22%
Current Drawdown Current decline from peak	-2.12%	-5.98%	+3.86%
Average Drawdown Average peak-to-trough decline	-1.76%	-6.33%	+4.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.36%	10.99%	-8.63%

Volatility

RNTY vs. YMAX - Volatility Comparison

The current volatility for YieldMax Target 12™ Real Estate Option Income ETF (RNTY) is 2.87%, while YieldMax Universe Fund of Option Income ETFs (YMAX) has a volatility of 6.22%. This indicates that RNTY experiences smaller price fluctuations and is considered to be less risky than YMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RNTY	YMAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	6.22%	-3.35%
Volatility (6M) Calculated over the trailing 6-month period	7.81%	17.10%	-9.29%
Volatility (1Y) Calculated over the trailing 1-year period	10.61%	21.62%	-11.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.75%	22.97%	-12.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.75%	22.97%	-12.22%

RNTY vs. YMAX - Expense Ratio Comparison

RNTY has a 0.99% expense ratio, which is lower than YMAX's 1.28% expense ratio.

Dividends

RNTY vs. YMAX - Dividend Comparison

RNTY's dividend yield for the trailing twelve months is around 13.30%, less than YMAX's 72.94% yield.

Position	TTM	2025	2024
RNTY YieldMax Target 12™ Real Estate Option Income ETF	13.30%	8.28%	0.00%
YMAX YieldMax Universe Fund of Option Income ETFs	72.94%	78.70%	44.20%

Frequently Asked Questions

Can I hold both RNTY and YMAX in my portfolio?

RNTY and YMAX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RNTY or YMAX?

YMAX has higher volatility (6.22%) compared to RNTY (2.87%). In terms of maximum drawdown, RNTY dropped -7.91% vs YMAX's -26.13%.

Which ETF is better, RNTY or YMAX?

On 1-year performance, YMAX leads with 9.02% vs 8.01% for RNTY. On fees, RNTY is cheaper at 0.99% per year. On volatility, RNTY has been the lower-risk option at 2.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RNTY or YMAX?

Over the 1-year period, YMAX has performed better with a 9.02% return vs 8.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RNTY or YMAX?

RNTY is cheaper with a 0.99% expense ratio, compared with 1.28% for YMAX.

Which ETF pays a higher dividend yield, RNTY or YMAX?

YMAX has the higher dividend yield at 72.94%, compared with 13.30% for RNTY.

What is the main difference between RNTY and YMAX?

Their fees differ too: 0.99% for RNTY and 1.28% for YMAX.

Which has better risk-adjusted returns?

RNTY currently has the higher Sharpe Ratio (0.76 vs 0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.