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Data as of .

HEMI vs ULTY: which paid, and which earned it?

HEMI and ULTY both write options for income.

Hartford Equity Premium Income ETF and YieldMax(R) Ultra Option Income Strategy ETF.

6.0%HEMI cash paid, 1 year
44.9%ULTY cash paid, 1 year
+11.2%HEMI total return, 1 year
−7.8%ULTY total return, 1 year
HEMI3.4 pts behind SPY · since launch to Sep 18, 2026
SPY+14.7%HEMI+11.2%6.0% as cash3.4 pts behind SPYTotal return, distributions reinvestedSPY+14.7%HEMI+11.2%3.4 pts behind SPY
ULTY24.3 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%ULTY−7.8%24.3 pts behind SPYTotal return, distributions reinvestedSPY+16.6%ULTY−7.8%24.3 pts behind SPY

What they hold in common

By the books each fund has filed, HEMI and ULTY hold 9% of their money in the same securities at the same weight.

Positions HEMI and ULTY both hold, largest shared weight first
HoldingHEMIULTY
Alphabet Inc7.69%4.39%
NVIDIA Corp9.11%2.36%
Advanced Micro Devices Inc1.89%5.23%
Palantir Technologies Inc0.52%4.27%
Only in each
Only in HEMIOnly in ULTY
Apple Inc 5.86%MercadoLibre Inc 4.99%
Amazon.com Inc 5.73%Lumentum Holdings Inc 4.75%
Microsoft Corp 5.72%Strategy Inc 4.66%
Broadcom Inc 4.02%Comfort Systems USA Inc 4.61%
Meta Platforms Inc 2.66%Lam Research Corp 4.34%
JPMorgan Chase & Co 2.42%Coherent Corp 4.30%
Eli Lilly & Co 2.13%Analog Devices Inc 4.11%
Mastercard Inc 2.04%Space Exploration Technologies Corp 4.11%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 21, 2026.

Performance, window by window

HEMI and ULTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
HEMIULTYHEMIULTYHEMIULTY
3 months+0.8%−1.1%2.2%13.7%−1.5 pts−3.3 pts
6 months+13.6%+14.0%4.9%30.1%−4.5 pts−4.0 pts
1 yearnot published−7.8%not published44.9%not published−24.3 pts
Since launch+11.2%+10.7%6.0%86.9%−3.4 pts−44.1 pts
Open the live comparison on ETFIQ
HEMI and ULTY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
HEMI
Hartford Equity Premium Income ETF
Covered call on SPY, paying monthly
ULTY
YieldMax(R) Ultra Option Income Strategy ETF
Synthetic covered call on SPY, paying weekly
IssuerHartfordYieldMax
Strategycovered callsynthetic covered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysmonthlyweekly
Payout rate, annualized9.1%59.8%
Expense ratio0.49%1.30%
Cash paid, 1 year6.0% (since launch on Dec 17, 2025)44.9%
Price change, 1 year+4.9%−54.1%
Total return, 1 year+11.2% (since launch on Dec 17, 2025)−7.8%
Benchmark return, 1 year+14.7%+16.6%
Ahead or behind−3.4 pts−24.3 pts
Return of capital, latest estimatenot published100%
Age275 days932 days
Net assets$33m$721m

HEMI in plain words

Over the period since launch on Dec 17, 2025 to Sep 18, 2026, HEMI paid 6.0% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.2%. S&P 500 (SPY) returned +14.7% over the same days, so a holder was behind by 3.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.1%, paid monthly.

ULTY in plain words

Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting value in cash distributions while its price fell 54.1%. With every distribution reinvested, the fund returned −7.8%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 24.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 59.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, HEMI or ULTY?
HEMI charges 0.49% a year and ULTY charges 1.30%, so HEMI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

HEMI against ULTY, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, HEMI against ULTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/hemi-vs-ulty Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources