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Data as of .

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

Over the year ULTY paid 44.9% of its price in cash against XRMI’s 12.1%, though XRMI returned more with it reinvested.

YieldMax(R) Ultra Option Income Strategy ETF and Global X S&P 500 Risk Managed Income ETF.

44.9%ULTY cash paid, 1 year
12.1%XRMI cash paid, 1 year
−7.8%ULTY total return, 1 year
+10.3%XRMI total return, 1 year

ETFIQ Return Stability Score: XRMI scores higher

Was the payout funded by returns, or by your own capital?

ULTY 3.8XRMI 43.43.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

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
XRMI6.3 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XRMI+10.3%12.1% of it arrived as cash6.3 pts behind SPYTotal return, distributions reinvestedSPY+16.6%XRMI+10.3%6.3 pts behind SPY

What they hold in common

By the books each fund has filed, ULTY and XRMI hold 10% of their money in the same securities at the same weight.

Positions ULTY and XRMI both hold, largest shared weight first
HoldingULTYXRMI
Alphabet Inc4.39%3.15%
NVIDIA Corp2.36%8.27%
Advanced Micro Devices Inc5.23%1.40%
Palantir Technologies Inc4.27%0.62%
Caterpillar Inc3.07%0.57%
Lam Research Corp4.34%0.54%
Analog Devices Inc4.11%0.28%
Dell Technologies Inc2.95%0.27%
Marathon Petroleum Corp2.38%0.18%
Quanta Services Inc2.67%0.14%
Robinhood Markets Inc4.07%0.14%
Lumentum Holdings Inc4.75%0.13%
Only in each
Only in ULTYOnly in XRMI
MercadoLibre Inc 4.99%APPLE INC 7.54%
Strategy Inc 4.66%MICROSOFT CORP 5.63%
Space Exploration Technologies Corp 4.11%AMAZON.COM INC 3.82%
Alibaba Group Holding Ltd 4.07%BROADCOM INC 2.61%
VanEck Gold Miners ETF/USA 4.07%ALPHABET INC-CL C 2.50%
Figure Technology Solutions Inc 4.02%META PLATFORMS INC 2.26%
Shopify Inc 3.55%MICRON TECHNOLOGY INC 1.76%
TransMedics Group Inc 3.48%TESLA INC 1.58%

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 Sep 18, 2026 and Sep 21, 2026.

Performance, window by window

ULTY and XRMI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
ULTYXRMIULTYXRMIULTYXRMI
3 months−1.1%+3.5%13.7%3.0%−3.3 pts+1.2 pts
6 months+14.0%+8.9%30.1%6.3%−4.0 pts−9.1 pts
1 year−7.8%+10.3%44.9%12.1%−24.3 pts−6.3 pts
3 yearsnot published+27.2%not published33.3%not published−51.2 pts
Since launch+10.7%+17.0%86.9%43.8%−44.1 pts−66.1 pts
Open the live comparison on ETFIQ
ULTY and XRMI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ULTY
YieldMax(R) Ultra Option Income Strategy ETF
Synthetic covered call on SPY, paying weekly
XRMI
Global X S&P 500 Risk Managed Income ETF
Option income on SPY, paying monthly
IssuerYieldMaxGlobal X
Strategysynthetic covered calloption income
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysweeklymonthly
Payout rate, annualized59.8%12.3%
Expense ratio1.30%0.60%
Cash paid, 1 year44.9%12.1%
Price change, 1 year−54.1%−2.4%
Total return, 1 year−7.8%+10.3%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−24.3 pts−6.3 pts
Return of capital, latest estimate100%95%
Age932 days1849 days
Net assets$721m$60m

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).

XRMI in plain words

Over the year to Sep 18, 2026, XRMI paid 12.1% of its starting value in cash distributions while its price fell 2.4%. With every distribution reinvested, the fund returned +10.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 6.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.3%, paid monthly. Global X estimates that 95% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, ULTY or XRMI?
Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting price in cash and XRMI paid 12.1%, so ULTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, ULTY or XRMI?
With every distribution reinvested, ULTY returned −7.8% and XRMI returned +10.3% over the year to Sep 18, 2026, so XRMI returned more.
Which is cheaper, ULTY or XRMI?
ULTY charges 1.30% a year and XRMI charges 0.60%, so XRMI 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.

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

How every figure is computed · Standards and sources