ULTY vs. WMT
ULTY (YieldMax Ultra Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while WMT (Walmart Inc.) is a stock. Over the past year, ULTY returned 3.61% vs 28.71% for WMT. At a 0.07 correlation, their price movements are largely independent.
Performance
ULTY vs. WMT - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with ULTY having a 8.80% return and WMT slightly higher at 9.07%.
ULTY
- 1D
- 1.04%
- 1M
- -0.81%
- YTD
- 8.80%
- 6M
- 8.04%
- 1Y
- 3.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WMT
- 1D
- 0.45%
- 1M
- -7.93%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 28.71%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
ULTY vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ULTY YieldMax Ultra Option Income Strategy ETF | 8.80% | -0.84% | -4.73% |
WMT Walmart Inc. | 9.07% | 24.49% | 53.36% |
Correlation
The correlation between ULTY and WMT is -0.13, 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 | -0.13 |
Correlation (All Time) Calculated using the full available price history since Feb 29, 2024 | 0.07 |
The correlation between ULTY and WMT shifts across timeframes, from -0.13 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ULTY vs. WMT — Risk / Return Rank
ULTY
WMT
ULTY vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Option Income Strategy ETF (ULTY) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.23 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 1.83 | -1.68 |
| Martin ratioReturn relative to average drawdown | 0.29 | 5.82 | -5.53 |
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Drawdowns
ULTY vs. WMT - Drawdown Comparison
The maximum ULTY drawdown since its inception was -26.85%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for ULTY and WMT.
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Drawdown Indicators
| ULTY | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.85% | -77.14% | +50.29% |
Max Drawdown (1Y)Largest decline over 1 year | -24.16% | -15.75% | -8.41% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.93% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.74% | — |
Current DrawdownCurrent decline from peak | -10.79% | -9.81% | -0.98% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -14.63% | +4.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.47% | 4.94% | +7.53% |
Volatility
ULTY vs. WMT - Volatility Comparison
The current volatility for YieldMax Ultra Option Income Strategy ETF (ULTY) is 8.04%, while Walmart Inc. (WMT) has a volatility of 9.86%. This indicates that ULTY experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ULTY | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.04% | 9.86% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 16.40% | 18.49% | -2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.55% | 23.67% | -2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.32% | 21.68% | +5.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.32% | 21.73% | +5.59% |
Dividends
ULTY vs. WMT - Dividend Comparison
ULTY's dividend yield for the trailing twelve months is around 113.38%, more than WMT's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
ULTY and WMT have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (9.86%) compared to ULTY (8.04%). In terms of maximum drawdown, ULTY dropped -26.85% vs WMT's -77.14%.
WMT currently has the higher Sharpe Ratio (1.22 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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