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

Performance

ULTY vs. YMAX - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.94%
9.61%
ULTY
YMAX

Returns By Period


ULTY

YTD

N/A

1M

8.55%

6M

12.74%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

YMAX

YTD

N/A

1M

7.80%

6M

11.37%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


ULTYYMAX
Daily Std Dev30.22%18.20%
Max Drawdown-20.99%-12.78%
Current Drawdown-0.47%-0.49%

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ULTY vs. YMAX - Expense Ratio Comparison

ULTY has a 1.14% expense ratio, which is lower than YMAX's 1.28% expense ratio.


YMAX
YieldMax Universe Fund of Option Income ETFs
Expense ratio chart for YMAX: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%
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%

Correlation

-0.50.00.51.00.8

The correlation between ULTY and YMAX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

ULTY vs. YMAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Option Income Strategy ETF (ULTY) and YieldMax Universe Fund of Option Income ETFs (YMAX). 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
YMAX

Chart placeholderNot enough data

Dividends

ULTY vs. YMAX - Dividend Comparison

ULTY's dividend yield for the trailing twelve months is around 93.66%, more than YMAX's 34.19% yield.


TTM
ULTY
YieldMax Ultra Option Income Strategy ETF
93.66%
YMAX
YieldMax Universe Fund of Option Income ETFs
34.19%

Drawdowns

ULTY vs. YMAX - Drawdown Comparison

The maximum ULTY drawdown since its inception was -20.99%, which is greater than YMAX's maximum drawdown of -12.78%. Use the drawdown chart below to compare losses from any high point for ULTY and YMAX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.47%
-0.49%
ULTY
YMAX

Volatility

ULTY vs. YMAX - Volatility Comparison

YieldMax Ultra Option Income Strategy ETF (ULTY) has a higher volatility of 6.12% compared to YieldMax Universe Fund of Option Income ETFs (YMAX) at 5.73%. This indicates that ULTY's price experiences larger fluctuations and is considered to be riskier than YMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.12%
5.73%
ULTY
YMAX