FBY vs UJUL
YieldMax META Option Income Strategy ETF vs Innovator US Equity Ultra Buffer ETF - July
Which is better, FBY or UJUL?
Each has led over a different period.
UJUL has a lower expense ratio. FBY led over 3Y and the full window, UJUL over 1Y.
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 | FBY | UJUL |
|---|---|---|
| Expense Ratio | 1.06% | 0.79%Best |
| AUM | $122M | $303M |
| Dividend Yield | 48.91% | 0.00% |
| Holdings | 30 | 24 |
| YTD Return | +4.62% | +7.39%Best |
| 1Y Return | -4.56% | +9.54%Best |
| 3Y Return (annualized) | +18.99%Best | +13.32% |
| 5Y Return (annualized) | - | +8.92% |
| Volatility (annualized) | 26.6% | 6.9%Best |
| Max Drawdown | -31.5% | -11.4%Best |
| $10,000 over 3.2 years | $17,523Best | $14,204 |
| Fund Family | YieldMax ETF | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jul 27, 2023 | Aug 7, 2018 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 28, 2023 to Oct 14, 2026 (3.2 years).
FBY vs UJUL 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 3.2 years both funds cover.
FBY vs UJUL Performance
YieldMax META Option Income Strategy ETF (FBY) is an ETF from YieldMax ETF and Innovator US Equity Ultra Buffer ETF - July (UJUL) is an ETF from Innovator ETFs Trust. Over the past year FBY returned -4.56% while UJUL returned +9.54%. Year to date, FBY is up 4.62% versus a gain of 7.39% for UJUL.
Over three years, FBY compounded at +18.99% per year against +13.32% for UJUL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FBY has been the more volatile fund, with annualized monthly volatility of 26.6% compared with 6.9% for UJUL. 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 -31.5% for FBY and -11.4% for UJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FBY charges 1.06% per year while UJUL charges 0.79%. On a $10,000 position that is $106 vs $79 annually, a gap of $27 per year that compounds over a long holding period. On income, FBY currently yields 48.91% against 0.00% for UJUL.
Holdings Overlap
We hold position weights for 2 holdings in FBY and 1 in UJUL, totalling 28.6% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in FBY and 1 in UJUL, against full books of 30 and 24.
You are not choosing between two funds in isolation.
Whichever of FBY and UJUL 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, FBY or UJUL?
FBY has an expense ratio of 1.06% while UJUL charges 0.79%. UJUL is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, FBY or UJUL?
Over the past year FBY returned -4.56% vs +9.54% for UJUL, so UJUL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBY or UJUL?
FBY has been the more volatile fund at 26.6% annualized versus 6.9% for UJUL. Worst drawdown: FBY -31.5% vs UJUL -11.4%.
Should I hold both FBY and UJUL?
FBY and UJUL have a monthly-return correlation of 0.56, 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, FBY or UJUL?
FBY yields 48.91% while UJUL yields 0.00%, so FBY currently pays the higher dividend yield.
Is UJUL better than FBY?
UJUL has a lower expense ratio. FBY led over 3Y and the full window, UJUL over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.