SPCI vs. ULTI

Last updated Jun 4, 2026

SPCI (Tuttle Capital Space Industry Income Blast ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. SPCI is passively managed, while ULTI is actively managed. A 0.67 correlation means they provide meaningful diversification when combined. SPCI charges 0.99%/yr vs 1.25%/yr for ULTI.

Performance

SPCI vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Space Industry Income Blast ETF (SPCI) and REX IncomeMax Option Strategy ETF (ULTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPCI

• 1D: -11.48%
• 1M: 28.39%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTI

• 1D: -3.05%
• 1M: 12.53%
• YTD: 43.46%
• 6M: 22.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPCI vs. ULTI - Yearly Performance Comparison

	2026 (YTD)
SPCI Tuttle Capital Space Industry Income Blast ETF	74.56%
ULTI REX IncomeMax Option Strategy ETF	40.30%

Correlation

The correlation between SPCI and ULTI is 0.67, 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 Mar 13, 2026	0.67

Return for Risk

SPCI vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Space Industry Income Blast ETF (SPCI) 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

	SPCI	ULTI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	11.33	-0.31	+11.64

Drawdowns

SPCI vs. ULTI - Drawdown Comparison

The maximum SPCI drawdown since its inception was -21.33%, smaller than the maximum ULTI drawdown of -41.74%. Use the drawdown chart below to compare losses from any high point for SPCI and ULTI.

Drawdown Indicators

	SPCI	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-21.33%	-41.74%	+20.41%
Current Drawdown Current decline from peak	-21.33%	-11.50%	-9.83%
Average Drawdown Average peak-to-trough decline	-5.00%	-28.13%	+23.13%

Volatility

Volatility by Period

	SPCI	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	95.59%	62.43%	+33.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	95.59%	62.43%	+33.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.59%	62.43%	+33.16%

SPCI vs. ULTI - Expense Ratio Comparison

SPCI has a 0.99% expense ratio, which is lower than ULTI's 1.25% expense ratio.

Dividends

SPCI vs. ULTI - Dividend Comparison

SPCI's dividend yield for the trailing twelve months is around 5.12%, less than ULTI's 42.53% yield.

Position	TTM	2025
SPCI Tuttle Capital Space Industry Income Blast ETF	5.12%	0.00%
ULTI REX IncomeMax Option Strategy ETF	42.53%	14.96%

Frequently Asked Questions

Can I hold both SPCI and ULTI in my portfolio?

SPCI and ULTI have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPCI or ULTI?

On fees, SPCI is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPCI or ULTI?

SPCI is cheaper with a 0.99% expense ratio, compared with 1.25% for ULTI.

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

ULTI has the higher dividend yield at 42.53%, compared with 5.12% for SPCI.

What is the main difference between SPCI and ULTI?

They also come from different issuers: Tuttle and REX Shares. Their fees differ too: 0.99% for SPCI and 1.25% for ULTI.