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

Correlation

The correlation between YMAX and ULTY is 0.81, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

YMAX vs. ULTY - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2025FebruaryMarchApril
-1.49%
-16.88%
YMAX
ULTY

Key characteristics

Sharpe Ratio

YMAX:

-0.15

ULTY:

-0.49

Sortino Ratio

YMAX:

-0.05

ULTY:

-0.50

Omega Ratio

YMAX:

0.99

ULTY:

0.94

Calmar Ratio

YMAX:

-0.18

ULTY:

-0.65

Martin Ratio

YMAX:

-0.57

ULTY:

-1.71

Ulcer Index

YMAX:

6.02%

ULTY:

8.46%

Daily Std Dev

YMAX:

22.50%

ULTY:

29.58%

Max Drawdown

YMAX:

-18.94%

ULTY:

-22.26%

Current Drawdown

YMAX:

-18.94%

ULTY:

-22.26%

Returns By Period

In the year-to-date period, YMAX achieves a -13.32% return, which is significantly higher than ULTY's -17.33% return.


YMAX

YTD

-13.32%

1M

-7.78%

6M

-2.82%

1Y

-3.70%

5Y*

N/A

10Y*

N/A

ULTY

YTD

-17.33%

1M

-11.50%

6M

-8.38%

1Y

-16.49%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


YMAX vs. ULTY - Expense Ratio Comparison

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


YMAX
YieldMax Universe Fund of Option Income ETFs
Expense ratio chart for YMAX: current value is 1.28%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
YMAX: 1.28%
Expense ratio chart for ULTY: current value is 1.14%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ULTY: 1.14%

Risk-Adjusted Performance

YMAX vs. ULTY — Risk-Adjusted Performance Rank

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

YMAX
The Risk-Adjusted Performance Rank of YMAX is 1919
Overall Rank
The Sharpe Ratio Rank of YMAX is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of YMAX is 2020
Sortino Ratio Rank
The Omega Ratio Rank of YMAX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of YMAX is 1717
Calmar Ratio Rank
The Martin Ratio Rank of YMAX is 1818
Martin Ratio Rank

ULTY
The Risk-Adjusted Performance Rank of ULTY is 66
Overall Rank
The Sharpe Ratio Rank of ULTY is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of ULTY is 88
Sortino Ratio Rank
The Omega Ratio Rank of ULTY is 88
Omega Ratio Rank
The Calmar Ratio Rank of ULTY is 22
Calmar Ratio Rank
The Martin Ratio Rank of ULTY is 44
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

YMAX vs. ULTY - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for YMAX, currently valued at -0.15, compared to the broader market0.002.004.00
YMAX: -0.15
ULTY: -0.49
The chart of Sortino ratio for YMAX, currently valued at -0.05, compared to the broader market-2.000.002.004.006.008.0010.0012.00
YMAX: -0.05
ULTY: -0.50
The chart of Omega ratio for YMAX, currently valued at 0.99, compared to the broader market0.501.001.502.002.503.00
YMAX: 0.99
ULTY: 0.94
The chart of Calmar ratio for YMAX, currently valued at -0.18, compared to the broader market0.005.0010.0015.00
YMAX: -0.18
ULTY: -0.65
The chart of Martin ratio for YMAX, currently valued at -0.57, compared to the broader market0.0020.0040.0060.0080.00100.00
YMAX: -0.57
ULTY: -1.71

The current YMAX Sharpe Ratio is -0.15, which is higher than the ULTY Sharpe Ratio of -0.49. The chart below compares the historical Sharpe Ratios of YMAX and ULTY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.60-0.40-0.200.000.200.40Fri 07Mar 09Tue 11Thu 13Sat 15Mon 17Wed 19Fri 21Mar 23Tue 25Thu 27Sat 29Mon 31Wed 02
-0.15
-0.49
YMAX
ULTY

Dividends

YMAX vs. ULTY - Dividend Comparison

YMAX's dividend yield for the trailing twelve months is around 67.53%, less than ULTY's 189.55% yield.


TTM2024
YMAX
YieldMax Universe Fund of Option Income ETFs
67.53%44.21%
ULTY
YieldMax Ultra Option Income Strategy ETF
189.55%111.70%

Drawdowns

YMAX vs. ULTY - Drawdown Comparison

The maximum YMAX drawdown since its inception was -18.94%, smaller than the maximum ULTY drawdown of -22.26%. Use the drawdown chart below to compare losses from any high point for YMAX and ULTY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-18.94%
-22.26%
YMAX
ULTY

Volatility

YMAX vs. ULTY - Volatility Comparison

The current volatility for YieldMax Universe Fund of Option Income ETFs (YMAX) is 11.74%, while YieldMax Ultra Option Income Strategy ETF (ULTY) has a volatility of 14.34%. This indicates that YMAX experiences smaller price fluctuations and is considered to be less risky than ULTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
11.74%
14.34%
YMAX
ULTY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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