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ULTY vs. FBY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

ULTY vs. FBY - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
6.63%
21.47%
ULTY
FBY

Returns By Period


ULTY

YTD

N/A

1M

5.20%

6M

5.83%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

FBY

YTD

36.95%

1M

-0.15%

6M

20.28%

1Y

46.66%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


ULTYFBY
Daily Std Dev30.42%25.97%
Max Drawdown-20.99%-15.14%
Current Drawdown-2.48%-5.15%

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ULTY vs. FBY - Expense Ratio Comparison

ULTY has a 1.14% expense ratio, which is higher than FBY's 0.99% expense ratio.


ULTY
YieldMax Ultra Option Income Strategy ETF
Expense ratio chart for ULTY: current value at 1.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.14%
Expense ratio chart for FBY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Correlation

-0.50.00.51.00.3

The correlation between ULTY and FBY is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

ULTY vs. FBY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Option Income Strategy ETF (ULTY) and YieldMax META Option Income ETF (FBY). 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.


Sharpe ratio
No data
ULTY
FBY

Chart placeholderNot enough data

Dividends

ULTY vs. FBY - Dividend Comparison

ULTY's dividend yield for the trailing twelve months is around 95.59%, more than FBY's 56.97% yield.


TTM2023
ULTY
YieldMax Ultra Option Income Strategy ETF
95.59%0.00%
FBY
YieldMax META Option Income ETF
56.97%8.31%

Drawdowns

ULTY vs. FBY - Drawdown Comparison

The maximum ULTY drawdown since its inception was -20.99%, which is greater than FBY's maximum drawdown of -15.14%. Use the drawdown chart below to compare losses from any high point for ULTY and FBY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.48%
-5.15%
ULTY
FBY

Volatility

ULTY vs. FBY - Volatility Comparison

YieldMax Ultra Option Income Strategy ETF (ULTY) and YieldMax META Option Income ETF (FBY) have volatilities of 6.53% and 6.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
6.53%
6.65%
ULTY
FBY