ULTY vs YMAX
YieldMax Ultra Option Income Strategy ETF compared with YieldMax Universe Fund of Option Income ETFs on yield, payout growth, payment schedule, cost and risk.
ULTY
YieldMax Ultra Option Income Strategy ETF
TTM yield · Weekly
YMAX
YieldMax Universe Fund of Option Income ETFs
TTM yield · Weekly
Quick take
- ULTY yields more today: 94.36% vs 57.86% (forward).
- YMAX has grown its payout faster: -47.2%/yr vs -64.6%/yr over the last 1 year.
- Both pay every week.
- Over the last year YMAX delivered the higher total return: -9.8% vs -18.2% (price change plus payouts).
- ULTY is cheaper to own: 1.30% vs 1.33% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | ULTY | YMAX |
|---|---|---|
| Share price | $22.60 | $7.14 |
| TTM yield | 97.99% | 61.79% |
| Forward yield | 94.36% | 57.86% |
| Annual payout per share | $21.3252 | $4.1313 |
| Payment frequency | Weekly | Weekly |
| Next ex-date | Oct 28, 2026 (est.) | Oct 28, 2026 (est.) |
| Expense ratio | 1.30% | 1.33% |
| 1-year payout growth | -64.6% | -47.2% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 96/100 | 98/100 |
| 1-year total return | -18.2% | -9.8% |
| 1-year price return | -58.7% | -44.3% |
| Size (market cap / AUM) | 703.8M | 364.3M |
| Years paying | 2.6 | 2.7 |
| Sector / category | Derivative Income | Derivative Income |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| ULTY | YMAX | |
|---|---|---|
| Shares | 442.5 | 1,400.6 |
| Income per year | $9,436 | $5,786 |
| Income per month (avg) | $786 | $482 |
At forward yields, before taxes. Model ULTY · Model YMAX
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| ULTY Oct 28, 2026 | Nov 11, 2026 | $0.4101 | Est. |
| ULTY Nov 4, 2026 | Nov 18, 2026 | $0.4101 | Est. |
| ULTY Nov 11, 2026 | Nov 25, 2026 | $0.4101 | Est. |
| YMAX Oct 28, 2026 | Nov 11, 2026 | $0.0794 | Est. |
| YMAX Nov 4, 2026 | Nov 18, 2026 | $0.0794 | Est. |
| YMAX Nov 11, 2026 | Nov 25, 2026 | $0.0794 | Est. |
Annual payouts per share
ULTYYMAX
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, ULTY or YMAX?
ULTY currently has the higher trailing yield: ULTY yields 97.99% and YMAX yields 61.79%. Yield changes daily with price, so check the live figures above.
How often do ULTY and YMAX pay?
ULTY pays every week and YMAX pays every week. ULTY's next ex-date is Oct 28, 2026 and YMAX's is Oct 28, 2026.
Which has grown its dividend faster, ULTY or YMAX?
YMAX has grown its payout faster: -47.2%/yr vs -64.6%/yr over the last 1 year.
Is ULTY or YMAX better for income?
It depends on what you are optimising for. ULTY and YMAX differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.