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

Key characteristics


ULTYNVDY
Daily Std Dev30.58%42.08%
Max Drawdown-20.99%-21.19%
Current Drawdown-1.39%-0.62%

Correlation

-0.50.00.51.00.5

The correlation between ULTY and NVDY is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

ULTY vs. NVDY - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
6.43%
40.06%
ULTY
NVDY

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ULTY vs. NVDY - Expense Ratio Comparison

ULTY has a 1.14% expense ratio, which is higher than NVDY'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 NVDY: 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%

Risk-Adjusted Performance

ULTY vs. NVDY - Risk-Adjusted Performance Comparison

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


ULTY
Sharpe ratio
No data
NVDY
Sharpe ratio
The chart of Sharpe ratio for NVDY, currently valued at 3.37, compared to the broader market-2.000.002.004.006.003.37
Sortino ratio
The chart of Sortino ratio for NVDY, currently valued at 3.69, compared to the broader market-2.000.002.004.006.008.0010.0012.003.69
Omega ratio
The chart of Omega ratio for NVDY, currently valued at 1.53, compared to the broader market1.001.502.002.503.001.53
Calmar ratio
The chart of Calmar ratio for NVDY, currently valued at 6.70, compared to the broader market0.005.0010.0015.006.70
Martin ratio
The chart of Martin ratio for NVDY, currently valued at 22.30, compared to the broader market0.0020.0040.0060.0080.00100.00120.0022.30

ULTY vs. NVDY - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

ULTY vs. NVDY - Dividend Comparison

ULTY's dividend yield for the trailing twelve months is around 79.39%, more than NVDY's 72.94% yield.


TTM2023
ULTY
YieldMax Ultra Option Income Strategy ETF
79.39%0.00%
NVDY
YieldMax NVDA Option Income Strategy ETF
72.94%22.32%

Drawdowns

ULTY vs. NVDY - Drawdown Comparison

The maximum ULTY drawdown since its inception was -20.99%, roughly equal to the maximum NVDY drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for ULTY and NVDY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.39%
-0.62%
ULTY
NVDY

Volatility

ULTY vs. NVDY - Volatility Comparison

The current volatility for YieldMax Ultra Option Income Strategy ETF (ULTY) is 6.41%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 7.77%. This indicates that ULTY experiences smaller price fluctuations and is considered to be less risky than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
6.41%
7.77%
ULTY
NVDY