YMAX vs. GIFMX
Compare and contrast key facts about YieldMax Universe Fund of Option Income ETFs (YMAX) and GuidePath Managed Futures Strategy Fund (GIFMX).
YMAX is an actively managed fund by YieldMax. It was launched on Jan 16, 2024. GIFMX is managed by GuidePath. It was launched on Jan 18, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YMAX or GIFMX.
Correlation
The correlation between YMAX and GIFMX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
YMAX vs. GIFMX - Performance Comparison
Key characteristics
Returns By Period
YMAX
-7.33%
-1.76%
-0.01%
7.36%
N/A
N/A
GIFMX
N/A
N/A
N/A
N/A
N/A
N/A
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YMAX vs. GIFMX - Expense Ratio Comparison
YMAX has a 1.28% expense ratio, which is higher than GIFMX's 1.21% expense ratio.
Risk-Adjusted Performance
YMAX vs. GIFMX — Risk-Adjusted Performance Rank
YMAX
GIFMX
YMAX vs. GIFMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Universe Fund of Option Income ETFs (YMAX) and GuidePath Managed Futures Strategy Fund (GIFMX). 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.
Dividends
YMAX vs. GIFMX - Dividend Comparison
YMAX's dividend yield for the trailing twelve months is around 63.39%, while GIFMX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
YMAX YieldMax Universe Fund of Option Income ETFs | 63.39% | 44.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GIFMX GuidePath Managed Futures Strategy Fund | 100.00% | 100.00% | 0.39% | 25.41% | 10.13% | 3.35% | 5.07% | 0.00% | 0.00% | 0.00% |
Drawdowns
YMAX vs. GIFMX - Drawdown Comparison
Volatility
YMAX vs. GIFMX - Volatility Comparison
YieldMax Universe Fund of Option Income ETFs (YMAX) has a higher volatility of 15.68% compared to GuidePath Managed Futures Strategy Fund (GIFMX) at 0.00%. This indicates that YMAX's price experiences larger fluctuations and is considered to be riskier than GIFMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.