Category Review
The payout and the result came apart in option-income funds
YieldMax Ultra Option Income Strategy ETF
$25.18−0.14 (−0.55%)
- 1.40%
- $700M
- −4.5%
- 94.24%
- 0.5M sh
- $25.56
- low $24.91high $54.50
The ETF.net ULTY Grade
D
Score 31 out of 100
- 37 of 51
Score 31 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 51 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F13 out of 100Rank 42 of 46Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A73 out of 100Rank 7 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B64 out of 100Rank 16 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A85 out of 100Rank 6 of 51
ULTY Holdings
- Stocks
- 62
- 44%
- LITE
Sectors
- Technology48.0%
- Industrials14.7%
- Financials12.8%
- Consumer Discretionary8.2%
- Communication7.6%
- Health Care3.2%
- Materials2.9%
- Energy2.6%
Geography
- United States87.71%
- Canada4.17%
- Uruguay4.15%
- China3.97%
ULTY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
ULTY$9,547
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ULTY |
|---|---|
| Year to date | +11.8% |
| 1 month | +3.1% |
| 3 months | +2.9% |
| 1 year | −4.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ULTY |
|---|---|---|
| 2026 YTD | +11.8% | |
| 2025 | −0.7% | |
| 2024 | −5.5% |
ULTY in the news
ULTY Dividends
- 94.24%
- $23.86
- $0.30 per share
- Weekly
Distribution history
ULTY Risk
- 23.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.02
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −28.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ULTY Cost
1.40%
ULTY1.40%
- The middle half of Active Option Income funds
- Median 0.95%
Every other Active Option Income fund charges less.
Other funds in Active Option Income
- DFIXPFolioBeyond Enhanced Fixed Income Premium ETFExpense ratio 1.03%1 year return +2.7%
- DMINYYieldMax Strategic Metals & Mining Portfolio Option Income ETFExpense ratio 1.01%1 year return —
- DYMAXYieldMax Universe Fund of Option Income ETFsExpense ratio 1.33%1 year return +1.6%
- DKYLDKurv ETF Trust - Kurv High Income ETFExpense ratio 1.24%1 year return —
- FMEMYTuttle Capital Meme Stock Income Blast ETFExpense ratio 0.99%1 year return —