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

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.

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.61%
9.94%
YMAX
ULTY

Returns By Period


YMAX

YTD

N/A

1M

7.80%

6M

11.37%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

ULTY

YTD

N/A

1M

8.55%

6M

12.74%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


YMAXULTY
Daily Std Dev18.20%30.22%
Max Drawdown-12.78%-20.99%
Current Drawdown-0.49%-0.47%

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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 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%

Correlation

-0.50.00.51.00.8

The correlation between YMAX and ULTY 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.

Risk-Adjusted Performance

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
No data
YMAX
ULTY

Chart placeholderNot enough data

Dividends

YMAX vs. ULTY - Dividend Comparison

YMAX's dividend yield for the trailing twelve months is around 34.19%, less than ULTY's 93.66% yield.


TTM
YMAX
YieldMax Universe Fund of Option Income ETFs
34.19%
ULTY
YieldMax Ultra Option Income Strategy ETF
93.66%

Drawdowns

YMAX vs. ULTY - Drawdown Comparison

The maximum YMAX drawdown since its inception was -12.78%, smaller than the maximum ULTY drawdown of -20.99%. 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%JuneJulyAugustSeptemberOctoberNovember
-0.49%
-0.47%
YMAX
ULTY

Volatility

YMAX vs. ULTY - Volatility Comparison

The current volatility for YieldMax Universe Fund of Option Income ETFs (YMAX) is 5.73%, while YieldMax Ultra Option Income Strategy ETF (ULTY) has a volatility of 6.12%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
5.73%
6.12%
YMAX
ULTY