ETHU vs UMAY
2x Ether ETF vs Innovator U.S. Equity Ultra Buffer ETF - May
Which is better, ETHU or UMAY?
UMAY has been ahead.
UMAY has a lower expense ratio. UMAY led over 1Y and the full window.
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 | ETHU | UMAY |
|---|---|---|
| Expense Ratio | 2.97% | 0.79%Best |
| AUM | $1.1B | $137M |
| Dividend Yield | 1.52% | 0.00% |
| Holdings | 4 | 24 |
| YTD Return | -59.38% | +6.64%Best |
| 1Y Return | -79.97% | +8.83%Best |
| 3Y Return (annualized) | - | +11.71% |
| 5Y Return (annualized) | - | +6.64% |
| Volatility (annualized) | 153.0% | 3.2%Best |
| Max Drawdown | -96.5% | -10.5%Best |
| $10,000 over 2.4 years | $776 | $12,474Best |
| Fund Family | Volatility Shares, LLC | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 4, 2024 | Apr 30, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 4, 2024 to Oct 14, 2026 (2.4 years).
ETHU vs UMAY 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 2.4 years both funds cover.
ETHU vs UMAY Performance
2x Ether ETF (ETHU) is an ETF from Volatility Shares, LLC and Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) is an ETF from Innovator ETFs Trust. Over the past year ETHU returned -79.97% while UMAY returned +8.83%. Year to date, ETHU is down 59.38% versus a gain of 6.64% for UMAY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETHU has been the more volatile fund, with annualized monthly volatility of 153.0% compared with 3.2% for UMAY. 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 -96.5% for ETHU and -10.5% for UMAY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ETHU charges 2.97% per year while UMAY charges 0.79%. On a $10,000 position that is $297 vs $79 annually, a gap of $218 per year that compounds over a long holding period. On income, ETHU currently yields 1.52% against 0.00% for UMAY.
You are not choosing between two funds in isolation.
Whichever of ETHU and UMAY 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, ETHU or UMAY?
ETHU has an expense ratio of 2.97% while UMAY charges 0.79%. UMAY is the cheaper option, by $218 a year on a $10,000 investment.
Which performed better, ETHU or UMAY?
Over the past year ETHU returned -79.97% vs +8.83% for UMAY, so UMAY leads on 1-year performance. Over the longest common window we track (2 years), ETHU annualized -65.53% vs +9.65% for UMAY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ETHU or UMAY?
ETHU has been the more volatile fund at 153.0% annualized versus 3.2% for UMAY. Worst drawdown: ETHU -96.5% vs UMAY -10.5%.
Should I hold both ETHU and UMAY?
ETHU and UMAY have a monthly-return correlation of 0.53, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ETHU or UMAY?
ETHU yields 1.52% while UMAY yields 0.00%, so ETHU currently pays the higher dividend yield.
Is UMAY better than ETHU?
UMAY has a lower expense ratio. UMAY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.