ULTI vs. DDDD

Last updated Jun 4, 2026

ULTI (REX IncomeMax Option Strategy ETF) and DDDD (YieldMax U.S. Stocks Target Double Distribution ETF) are both Derivative Income funds. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. ULTI charges 1.25%/yr vs 0.99%/yr for DDDD.

Performance

ULTI vs. DDDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX IncomeMax Option Strategy ETF (ULTI) and YieldMax U.S. Stocks Target Double Distribution ETF (DDDD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ULTI

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

DDDD

• 1D: 0.05%
• 1M: 2.56%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ULTI vs. DDDD - Yearly Performance Comparison

	2026 (YTD)
ULTI REX IncomeMax Option Strategy ETF	40.30%
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	5.08%

Correlation

The correlation between ULTI and DDDD is 0.19, 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 Mar 13, 2026	0.19

Return for Risk

ULTI vs. DDDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX IncomeMax Option Strategy ETF (ULTI) and YieldMax U.S. Stocks Target Double Distribution ETF (DDDD). 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

	ULTI	DDDD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	2.55	-2.85

Drawdowns

ULTI vs. DDDD - Drawdown Comparison

The maximum ULTI drawdown since its inception was -41.74%, which is greater than DDDD's maximum drawdown of -1.88%. Use the drawdown chart below to compare losses from any high point for ULTI and DDDD.

Drawdown Indicators

	ULTI	DDDD	Difference
Max Drawdown Largest peak-to-trough decline	-41.74%	-1.88%	-39.86%
Current Drawdown Current decline from peak	-11.50%	-1.22%	-10.28%
Average Drawdown Average peak-to-trough decline	-28.13%	-0.60%	-27.53%

Volatility

Volatility by Period

	ULTI	DDDD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	62.43%	9.69%	+52.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.43%	9.69%	+52.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.43%	9.69%	+52.74%

ULTI vs. DDDD - Expense Ratio Comparison

ULTI has a 1.25% expense ratio, which is higher than DDDD's 0.99% expense ratio.

Dividends

ULTI vs. DDDD - Dividend Comparison

ULTI's dividend yield for the trailing twelve months is around 42.53%, while DDDD has not paid dividends to shareholders.

Position	TTM	2025
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	0.00%	0.00%
ULTI REX IncomeMax Option Strategy ETF	42.53%	14.96%

Frequently Asked Questions

Can I hold both ULTI and DDDD in my portfolio?

ULTI and DDDD have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ULTI or DDDD?

On fees, DDDD 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, ULTI or DDDD?

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

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

ULTI has the higher dividend yield at 42.53%, compared with 0.00% for DDDD.

What is the main difference between ULTI and DDDD?

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