SLTY vs. XOMO

Last updated Jun 25, 2026

SLTY (YieldMax Ultra Short Option Income Strategy ETF) and XOMO (YieldMax XOM Option Income Strategy ETF) are both Derivative Income funds from YieldMax. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. SLTY charges 1.24%/yr vs 1.01%/yr for XOMO.

Performance

SLTY vs. XOMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Ultra Short Option Income Strategy ETF (SLTY) and YieldMax XOM Option Income Strategy ETF (XOMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLTY achieves a -7.07% return, which is significantly lower than XOMO's 7.67% return.

SLTY

• 1D: -2.48%
• 1M: -1.42%
• YTD: -7.07%
• 6M: -5.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XOMO

• 1D: -2.31%
• 1M: -8.94%
• YTD: 7.67%
• 6M: 8.66%
• 1Y: 17.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLTY vs. XOMO - Yearly Performance Comparison

	2026 (YTD)	2025
SLTY YieldMax Ultra Short Option Income Strategy ETF	-7.07%	-12.61%
XOMO YieldMax XOM Option Income Strategy ETF	7.67%	8.53%

Correlation

The correlation between SLTY and XOMO is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025	0.09

Return for Risk

SLTY vs. XOMO — Risk / Return Rank

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

SLTY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XOMO

XOMO Risk / Return Rank: 25
XOMO Sharpe Ratio Rank: 26
XOMO Sortino Ratio Rank: 24
XOMO Omega Ratio Rank: 25
XOMO Calmar Ratio Rank: 23
XOMO Martin Ratio Rank: 25

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.

SLTY vs. XOMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Short Option Income Strategy ETF (SLTY) and YieldMax XOM Option Income Strategy ETF (XOMO). 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.

	SLTY	XOMO	Difference
Sharpe ratio: Return per unit of total volatility	—	0.85	—
Sortino ratio: Return per unit of downside risk	—	1.23	—
Omega ratio: Gain probability vs. loss probability	—	1.16	—
Calmar ratio: Return relative to maximum drawdown	—	1.01	—
Martin ratio: Return relative to average drawdown	—	3.03	—

Drawdowns

SLTY vs. XOMO - Drawdown Comparison

The maximum SLTY drawdown since its inception was -21.27%, which is greater than XOMO's maximum drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for SLTY and XOMO.

Drawdown Indicators

	SLTY	XOMO	Difference
Max Drawdown Largest peak-to-trough decline	-21.27%	-18.90%	-2.37%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.25%	—
Current Drawdown Current decline from peak	-18.80%	-17.25%	-1.55%
Average Drawdown Average peak-to-trough decline	-14.35%	-7.32%	-7.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.76%	—

Volatility

Volatility by Period

	SLTY	XOMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.26%	20.61%	-2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	19.16%	-0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.26%	19.16%	-0.90%

SLTY vs. XOMO - Expense Ratio Comparison

SLTY has a 1.24% expense ratio, which is higher than XOMO's 1.01% expense ratio.

Dividends

SLTY vs. XOMO - Dividend Comparison

SLTY's dividend yield for the trailing twelve months is around 79.09%, more than XOMO's 38.27% yield.

Position	TTM	2025	2024	2023
SLTY YieldMax Ultra Short Option Income Strategy ETF	79.09%	29.68%	0.00%	0.00%
XOMO YieldMax XOM Option Income Strategy ETF	38.27%	31.64%	26.94%	5.13%

Frequently Asked Questions

Can I hold both SLTY and XOMO in my portfolio?

SLTY and XOMO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SLTY or XOMO?

On fees, XOMO is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLTY or XOMO?

XOMO is cheaper with a 1.01% expense ratio, compared with 1.24% for SLTY.

Which ETF pays a higher dividend yield, SLTY or XOMO?

SLTY has the higher dividend yield at 79.09%, compared with 38.27% for XOMO.

What is the main difference between SLTY and XOMO?

Their fees differ too: 1.24% for SLTY and 1.01% for XOMO.