ULTI vs. HAKY

Last updated Jul 16, 2026

ULTI (REX IncomeMax Option Strategy ETF) and HAKY (Amplify HACK Cybersecurity Covered Call ETF) are both Derivative Income funds. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. ULTI charges 1.25%/yr vs 0.65%/yr for HAKY.

Performance

ULTI vs. HAKY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX IncomeMax Option Strategy ETF (ULTI) and Amplify HACK Cybersecurity Covered Call ETF (HAKY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ULTI

• 1D: -2.81%
• 1M: -24.77%
• 6M: -22.06%
• YTD: -3.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HAKY

• 1D: -3.04%
• 1M: 11.94%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ULTI vs. HAKY - Yearly Performance Comparison

	2026 (YTD)
ULTI REX IncomeMax Option Strategy ETF	-22.46%
HAKY Amplify HACK Cybersecurity Covered Call ETF	32.19%

Correlation

The correlation between ULTI and HAKY is 0.29, 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 Jan 21, 2026	0.29

Return for Risk

ULTI vs. HAKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX IncomeMax Option Strategy ETF (ULTI) and Amplify HACK Cybersecurity Covered Call ETF (HAKY). 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.

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

Drawdowns

ULTI vs. HAKY - Drawdown Comparison

The maximum ULTI drawdown since its inception was -42.09%, which is greater than HAKY's maximum drawdown of -13.12%. Use the drawdown chart below to compare losses from any high point for ULTI and HAKY.

Drawdown Indicators

	ULTI	HAKY	Difference
Max Drawdown Largest peak-to-trough decline	-42.09%	-13.12%	-28.97%
Current Drawdown Current decline from peak	-41.08%	-3.04%	-38.04%
Average Drawdown Average peak-to-trough decline	-28.36%	-4.53%	-23.83%

Volatility

Volatility by Period

	ULTI	HAKY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	61.35%	31.41%	+29.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.35%	31.41%	+29.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.35%	31.41%	+29.94%

ULTI vs. HAKY - Expense Ratio Comparison

ULTI has a 1.25% expense ratio, which is higher than HAKY's 0.65% expense ratio.

Dividends

ULTI vs. HAKY - Dividend Comparison

ULTI's dividend yield for the trailing twelve months is around 79.75%, more than HAKY's 6.37% yield.

Position	TTM	2025
HAKY Amplify HACK Cybersecurity Covered Call ETF	6.37%	0.00%
ULTI REX IncomeMax Option Strategy ETF	79.75%	14.96%

Frequently Asked Questions

Can I hold both ULTI and HAKY in my portfolio?

ULTI and HAKY have a correlation of 0.29, 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 HAKY?

On fees, HAKY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ULTI or HAKY?

HAKY is cheaper with a 0.65% expense ratio, compared with 1.25% for ULTI.

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

ULTI has the higher dividend yield at 79.75%, compared with 6.37% for HAKY.

What is the main difference between ULTI and HAKY?

They also come from different issuers: REX Shares and Amplify. Their fees differ too: 1.25% for ULTI and 0.65% for HAKY.