ULTY vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricULTYVOOWinner
Expense Ratio1.30%0.03%
AUM$758M$979.0B
Dividend Yield48.37%1.09%
Holdings99509
YTD Return+6.26%+13.80%
1Y Return-7.97%+23.71%
3Y Return (annualized)-+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)22.9%14.1%
Max Drawdown-26.9%-34.3%
Fund FamilyYieldMax ETFVanguard (US)
CategoryAlternativeEquity
InceptionFeb 28, 2024Sep 7, 2010

ULTY vs VOO Performance

YieldMax Ultra Option Income Strategy ETF (ULTY) is a ETF from YieldMax ETF and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ULTY returned -7.97% while VOO returned +23.71%. Year to date, ULTY is up 6.26% versus a gain of 13.80% for VOO.

Risk: Volatility and Drawdowns

ULTY has been the more volatile fund, with annualized monthly volatility of 22.9% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -26.9% for ULTY and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ULTY charges 1.30% per year while VOO charges 0.03%. On a $10,000 position that is $130 vs $3 annually, a gap of $127 per year that compounds over a long holding period. On income, ULTY currently yields 48.37% against 1.09% for VOO.

Holdings Overlap

15.5%overlap

ULTY and VOO share 16 holdings out of 515 unique holdings combined, representing a 15.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ULTYWeight in VOODifference
NVDA5.34%7.51%2.17%
GOOG5.48%2.59%2.89%
AMZN4.00%3.62%0.38%
LRCXProProPro
JBLProProPro
ADIProProPro
PLTRProProPro
LITEProProPro
CIENProProPro
AMDProProPro
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Frequently Asked Questions

Which is cheaper, ULTY or VOO?

ULTY has an expense ratio of 1.30% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $127 per year of difference.

Which performed better, ULTY or VOO?

Over the past year ULTY returned -7.97% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), ULTY annualized +2.63% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, ULTY or VOO?

ULTY has been the more volatile fund at 22.9% annualized versus 14.1% for VOO. Worst drawdown: ULTY -26.9% vs VOO -34.3%.

Should I hold both ULTY and VOO?

ULTY and VOO have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ULTY and VOO?

ULTY and VOO share 16 common holdings with a 15.5% weight overlap. Combined, they hold 515 unique securities.

Which pays a higher dividend, ULTY or VOO?

ULTY yields 48.37% while VOO yields 1.09%, so ULTY currently pays the higher dividend yield.

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