SOLM vs. ULTI

Last updated Jun 5, 2026

SOLM (Amplify Solana 3% Monthly Option Income ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. SOLM charges 0.75%/yr vs 1.25%/yr for ULTI.

Performance

SOLM vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Solana 3% Monthly Option Income ETF (SOLM) 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, SOLM achieves a -47.60% return, which is significantly lower than ULTI's 43.51% return.

SOLM

• 1D: -4.12%
• 1M: -23.48%
• YTD: -47.60%
• 6M: -52.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTI

• 1D: 0.03%
• 1M: 13.95%
• YTD: 43.51%
• 6M: 18.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOLM vs. ULTI - Yearly Performance Comparison

	2026 (YTD)	2025
SOLM Amplify Solana 3% Monthly Option Income ETF	-47.60%	-15.50%
ULTI REX IncomeMax Option Strategy ETF	43.51%	-32.34%

Correlation

The correlation between SOLM and ULTI is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.54

Return for Risk

SOLM vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Solana 3% Monthly Option Income ETF (SOLM) 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

	SOLM	ULTI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.16	-0.30	-0.86

Drawdowns

SOLM vs. ULTI - Drawdown Comparison

The maximum SOLM drawdown since its inception was -59.46%, which is greater than ULTI's maximum drawdown of -41.74%. Use the drawdown chart below to compare losses from any high point for SOLM and ULTI.

Drawdown Indicators

	SOLM	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-59.46%	-41.74%	-17.72%
Current Drawdown Current decline from peak	-59.46%	-11.47%	-47.99%
Average Drawdown Average peak-to-trough decline	-35.51%	-28.02%	-7.49%

Volatility

Volatility by Period

	SOLM	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	65.39%	62.21%	+3.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.39%	62.21%	+3.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.39%	62.21%	+3.18%

SOLM vs. ULTI - Expense Ratio Comparison

SOLM has a 0.75% expense ratio, which is lower than ULTI's 1.25% expense ratio.

Dividends

SOLM vs. ULTI - Dividend Comparison

SOLM's dividend yield for the trailing twelve months is around 37.22%, less than ULTI's 44.50% yield.

Position	TTM	2025
SOLM Amplify Solana 3% Monthly Option Income ETF	37.22%	6.44%
ULTI REX IncomeMax Option Strategy ETF	44.50%	14.96%

Frequently Asked Questions

Can I hold both SOLM and ULTI in my portfolio?

SOLM and ULTI have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOLM or ULTI?

On fees, SOLM is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOLM or ULTI?

SOLM is cheaper with a 0.75% expense ratio, compared with 1.25% for ULTI.

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

ULTI has the higher dividend yield at 44.50%, compared with 37.22% for SOLM.

What is the main difference between SOLM and ULTI?

They also come from different issuers: Amplify and REX Shares. Their fees differ too: 0.75% for SOLM and 1.25% for ULTI.