YBST vs. ULTI

Last updated Jun 6, 2026

YBST (GraniteShares YieldBOOST Single Stock Universe ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. YBST charges 1.38%/yr vs 1.25%/yr for ULTI.

Performance

YBST vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Single Stock Universe ETF (YBST) and REX IncomeMax Option Strategy ETF (ULTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YBST achieves a -16.94% return, which is significantly lower than ULTI's 33.28% return.

YBST

• 1D: -2.03%
• 1M: -2.93%
• YTD: -16.94%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTI

• 1D: -7.13%
• 1M: 3.97%
• YTD: 33.28%
• 6M: 10.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

YBST vs. ULTI - Yearly Performance Comparison

	2026 (YTD)	2025
YBST GraniteShares YieldBOOST Single Stock Universe ETF	-16.94%	-4.99%
ULTI REX IncomeMax Option Strategy ETF	33.28%	-4.74%

Correlation

The correlation between YBST and ULTI is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 17, 2025	0.73

Return for Risk

YBST vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Single Stock Universe ETF (YBST) and REX IncomeMax Option Strategy ETF (ULTI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	YBST	ULTI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-2.25	-0.45	-1.79

Drawdowns

YBST vs. ULTI - Drawdown Comparison

The maximum YBST drawdown since its inception was -24.76%, smaller than the maximum ULTI drawdown of -41.74%. Use the drawdown chart below to compare losses from any high point for YBST and ULTI.

Drawdown Indicators

	YBST	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-24.76%	-41.74%	+16.98%
Current Drawdown Current decline from peak	-21.90%	-17.78%	-4.12%
Average Drawdown Average peak-to-trough decline	-15.56%	-27.95%	+12.39%

Volatility

Volatility by Period

	YBST	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.85%	62.69%	-44.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.85%	62.69%	-44.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.85%	62.69%	-44.84%

YBST vs. ULTI - Expense Ratio Comparison

YBST has a 1.38% expense ratio, which is higher than ULTI's 1.25% expense ratio.

Dividends

YBST vs. ULTI - Dividend Comparison

YBST's dividend yield for the trailing twelve months is around 41.24%, less than ULTI's 47.92% yield.

Position	TTM	2025
ULTI REX IncomeMax Option Strategy ETF	47.92%	14.96%
YBST GraniteShares YieldBOOST Single Stock Universe ETF	41.24%	3.33%

Frequently Asked Questions

Can I hold both YBST and ULTI in my portfolio?

YBST and ULTI have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YBST or ULTI?

On fees, ULTI is cheaper at 1.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YBST or ULTI?

ULTI is cheaper with a 1.25% expense ratio, compared with 1.38% for YBST.

Which ETF pays a higher dividend yield, YBST or ULTI?

ULTI has the higher dividend yield at 47.92%, compared with 41.24% for YBST.

What is the main difference between YBST and ULTI?

They also come from different issuers: GraniteShares and REX Shares. Their fees differ too: 1.38% for YBST and 1.25% for ULTI.