Negative
Seeking Alpha
2 days ago
ULTY, Meet ULTI, Your Newest Competitor
YieldMax Ultra Option Income Strategy ETF has underperformed, with a significant price decline since July and negative total returns versus the market. REX SHARES launched the REX IncomeMax Option Strategy ETF, which targets even higher volatility stocks, but its short history appears riskier than ULTY. As ULTY retires its "all gas, no brakes" strategy, ULTI comes in to fill the gap with a similar strategy to the one YieldMax is leaving behind.