PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ULTY vs. YMAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ULTYYMAX
Daily Std Dev30.58%18.22%
Max Drawdown-20.99%-12.78%
Current Drawdown-1.39%-0.99%

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.

Performance

ULTY vs. YMAX - Performance Comparison

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


-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.43%
8.61%
ULTY
YMAX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%

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.


ULTY
Sharpe ratio
No data

ULTY vs. YMAX - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

ULTY vs. YMAX - Dividend Comparison

ULTY's dividend yield for the trailing twelve months is around 79.39%, more than YMAX's 33.71% yield.


TTM
ULTY
YieldMax Ultra Option Income Strategy ETF
79.39%
YMAX
YieldMax Universe Fund of Option Income ETFs
33.71%

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
-1.39%
-0.99%
ULTY
YMAX

Volatility

ULTY vs. YMAX - Volatility Comparison

YieldMax Ultra Option Income Strategy ETF (ULTY) has a higher volatility of 6.41% compared to YieldMax Universe Fund of Option Income ETFs (YMAX) at 5.57%. 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
6.41%
5.57%
ULTY
YMAX