YMAT vs. ULTY

Last updated Jun 4, 2026

YMAT (J-Star Holding Co., Ltd) is a stock, while ULTY (YieldMax Ultra Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. At a 0.29 correlation, their price movements are largely independent.

Performance

YMAT vs. ULTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in J-Star Holding Co., Ltd (YMAT) and YieldMax Ultra Option Income Strategy ETF (ULTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YMAT achieves a 166.09% return, which is significantly higher than ULTY's 11.14% return.

YMAT

• 1D: 36.26%
• 1M: 412.40%
• YTD: 166.09%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ULTY

• 1D: -1.25%
• 1M: 4.53%
• YTD: 11.14%
• 6M: 9.84%
• 1Y: 8.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YMAT vs. ULTY - Yearly Performance Comparison

	2026 (YTD)	2025
YMAT J-Star Holding Co., Ltd	166.09%	-42.47%
ULTY YieldMax Ultra Option Income Strategy ETF	11.14%	-3.11%

Correlation

The correlation between YMAT and ULTY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	0.29

Return for Risk

YMAT vs. ULTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ULTY

ULTY Risk / Return Rank: 13
ULTY Sharpe Ratio Rank: 14
ULTY Sortino Ratio Rank: 14
ULTY Omega Ratio Rank: 14
ULTY Calmar Ratio Rank: 13
ULTY Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YMAT vs. ULTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for J-Star Holding Co., Ltd (YMAT) and YieldMax Ultra Option Income Strategy ETF (ULTY). 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

	YMAT	ULTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.17	+0.17

Drawdowns

YMAT vs. ULTY - Drawdown Comparison

The maximum YMAT drawdown since its inception was -75.66%, which is greater than ULTY's maximum drawdown of -26.85%. Use the drawdown chart below to compare losses from any high point for YMAT and ULTY.

Drawdown Indicators

	YMAT	ULTY	Difference
Max Drawdown Largest peak-to-trough decline	-75.66%	-26.85%	-48.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-24.16%	—
Current Drawdown Current decline from peak	-33.69%	-8.88%	-24.81%
Average Drawdown Average peak-to-trough decline	-48.36%	-9.37%	-38.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.31%	—

Volatility

Volatility by Period

	YMAT	ULTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	435.84%	20.79%	+415.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	435.84%	26.92%	+408.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	435.84%	26.92%	+408.92%

Dividends

YMAT vs. ULTY - Dividend Comparison

YMAT has not paid dividends to shareholders, while ULTY's dividend yield for the trailing twelve months is around 114.67%.

Position	TTM	2025	2024
ULTY YieldMax Ultra Option Income Strategy ETF	114.67%	142.99%	111.70%
YMAT J-Star Holding Co., Ltd	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YMAT and ULTY in my portfolio?

YMAT and ULTY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.