ULTY vs VYM
YieldMax Ultra Option Income Strategy ETF vs Vanguard High Dividend Yield ETF
Which is better, ULTY or VYM?
Option Writing against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 42.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ULTY | VYM |
|---|---|---|
| Expense Ratio | 1.30% | 0.04%Best |
| AUM | $733M | $81.6B |
| Dividend Yield | 135.06% | 2.22% |
| Holdings | 102 | 613 |
| YTD Return | +7.76% | +11.35%Best |
| 1Y Return | -9.28% | +15.34%Best |
| 3Y Return (annualized) | - | +17.22% |
| 5Y Return (annualized) | - | +12.30% |
| Volatility (annualized) | 22.6% | 10.6%Best |
| Max Drawdown | -26.9% | -14.5%Best |
| $10,000 over 2.6 years | $10,818 | $14,851Best |
| Top 10 Weight | 42.9% | 26.1%Best |
| Fund Family | YieldMax ETF | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Feb 28, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 29, 2024 to Sep 18, 2026 (2.6 years).
ULTY vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
ULTY vs VYM Performance
YieldMax Ultra Option Income Strategy ETF (ULTY) is an ETF from YieldMax ETF and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year ULTY returned -9.28% while VYM returned +15.34%. Year to date, ULTY is up 7.76% versus a gain of 11.35% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ULTY has been the more volatile fund, with annualized monthly volatility of 22.6% compared with 10.6% for VYM. 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 -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ULTY charges 1.30% per year while VYM charges 0.04%. On a $10,000 position that is $130 vs $4 annually, a gap of $126 per year that compounds over a long holding period. On income, ULTY currently yields 135.06% against 2.22% for VYM.
Holdings Overlap
15.0% of ULTY's money is in holdings VYM also owns. 3.2% of VYM's money is in holdings ULTY also owns.
ULTY and VYM share little of their money.
5 positions in common, counted across the 28 positions we hold weights for in ULTY and 557 in VYM, against full books of 102 and 613.
What only one of them owns
Our book lists 523 positions for VYM that do not appear in our book for ULTY (93.9% of the fund), and 21 for ULTY that do not appear in VYM (77.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of ULTY and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ULTY or VYM?
ULTY has an expense ratio of 1.30% while VYM charges 0.04%. VYM is the cheaper option, by $126 a year on a $10,000 investment.
Which performed better, ULTY or VYM?
Over the past year ULTY returned -9.28% vs +15.34% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ULTY or VYM?
ULTY has been the more volatile fund at 22.6% annualized versus 10.6% for VYM. Worst drawdown: ULTY -26.9% vs VYM -14.5%.
Should I hold both ULTY and VYM?
ULTY and VYM have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ULTY and VYM?
15.0% of ULTY's money is in holdings VYM also owns. 3.2% of VYM's is in holdings ULTY also owns. They hold 5 positions in common, counted across the 28 positions we hold weights for in ULTY and 557 in VYM.
Which pays a higher dividend, ULTY or VYM?
ULTY yields 135.06% while VYM yields 2.22%, so ULTY currently pays the higher dividend yield.
Is VYM better than ULTY?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 42.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.