ULTY vs. KO
ULTY (YieldMax Ultra Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while KO (The Coca-Cola Company) is a stock. Over the past year, ULTY returned 3.61% vs 17.68% for KO. At a correlation of -0.13, they often move in opposite directions.
Performance
ULTY vs. KO - Performance Comparison
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Returns By Period
In the year-to-date period, ULTY achieves a 8.80% return, which is significantly lower than KO's 18.99% return.
ULTY
- 1D
- 1.04%
- 1M
- -0.81%
- YTD
- 8.80%
- 6M
- 8.04%
- 1Y
- 3.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KO
- 1D
- 0.11%
- 1M
- 2.94%
- YTD
- 18.99%
- 6M
- 17.96%
- 1Y
- 17.68%
- 3Y*
- 14.33%
- 5Y*
- 11.29%
- 10Y*
- 9.55%
ULTY vs. KO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ULTY YieldMax Ultra Option Income Strategy ETF | 8.80% | -0.84% | -4.73% |
KO The Coca-Cola Company | 18.99% | 15.60% | 6.23% |
Correlation
The correlation between ULTY and KO is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.22 |
Correlation (All Time) Calculated using the full available price history since Feb 29, 2024 | -0.13 |
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Return for Risk
ULTY vs. KO — Risk / Return Rank
ULTY
KO
ULTY vs. KO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Option Income Strategy ETF (ULTY) and The Coca-Cola Company (KO). 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.
| ULTY | KO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.19 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 2.26 | -2.11 |
| Martin ratioReturn relative to average drawdown | 0.29 | 4.51 | -4.22 |
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Drawdowns
ULTY vs. KO - Drawdown Comparison
The maximum ULTY drawdown since its inception was -26.85%, smaller than the maximum KO drawdown of -68.23%. Use the drawdown chart below to compare losses from any high point for ULTY and KO.
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Drawdown Indicators
| ULTY | KO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.85% | -68.23% | +41.38% |
Max Drawdown (1Y)Largest decline over 1 year | -24.16% | -7.87% | -16.29% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.27% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.99% | — |
Current DrawdownCurrent decline from peak | -10.79% | -1.16% | -9.63% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -16.09% | +6.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.47% | 3.98% | +8.49% |
Volatility
ULTY vs. KO - Volatility Comparison
YieldMax Ultra Option Income Strategy ETF (ULTY) has a higher volatility of 8.04% compared to The Coca-Cola Company (KO) at 6.70%. This indicates that ULTY's price experiences larger fluctuations and is considered to be riskier than KO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ULTY | KO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.04% | 6.70% | +1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 16.40% | 12.87% | +3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.55% | 16.73% | +4.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.32% | 16.18% | +11.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.32% | 18.24% | +9.08% |
Dividends
ULTY vs. KO - Dividend Comparison
ULTY's dividend yield for the trailing twelve months is around 113.38%, more than KO's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KO The Coca-Cola Company | 2.49% | 2.92% | 3.12% | 3.12% | 2.77% | 2.84% | 2.99% | 2.89% | 3.29% | 3.23% | 3.38% | 3.07% |
ULTY YieldMax Ultra Option Income Strategy ETF | 113.38% | 142.99% | 111.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ULTY and KO have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ULTY has higher volatility (8.04%) compared to KO (6.70%). In terms of maximum drawdown, ULTY dropped -26.85% vs KO's -68.23%.
KO currently has the higher Sharpe Ratio (1.06 vs 0.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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