GDXY vs UMAY
YieldMax Gold Miners Option Income Strategy ETF vs Innovator U.S. Equity Ultra Buffer ETF - May
Which is better, GDXY or UMAY?
Each has led over a different period.
UMAY has a lower expense ratio. GDXY led over the full window, UMAY 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 | GDXY | UMAY |
|---|---|---|
| Expense Ratio | 1.00% | 0.79%Best |
| AUM | $306M | $137M |
| Dividend Yield | 81.80% | 0.00% |
| Holdings | 28 | 24 |
| YTD Return | -10.44% | +6.64%Best |
| 1Y Return | -6.69% | +8.83%Best |
| 3Y Return (annualized) | - | +11.71% |
| 5Y Return (annualized) | - | +6.64% |
| Volatility (annualized) | 33.4% | 3.2%Best |
| Max Drawdown | -37.0% | -10.5%Best |
| $10,000 over 2.4 years | $14,862Best | $12,425 |
| Fund Family | YieldMax ETF | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 20, 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: May 21, 2024 to Oct 14, 2026 (2.4 years).
GDXY 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.
GDXY vs UMAY Performance
YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an ETF from YieldMax ETF and Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) is an ETF from Innovator ETFs Trust. Over the past year GDXY returned -6.69% while UMAY returned +8.83%. Year to date, GDXY is down 10.44% versus a gain of 6.64% for UMAY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDXY has been the more volatile fund, with annualized monthly volatility of 33.4% 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 -37.0% for GDXY 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 0.09. They move largely independently of each other.
Fees and Cost Over Time
GDXY charges 1.00% per year while UMAY charges 0.79%. On a $10,000 position that is $100 vs $79 annually, a gap of $21 per year that compounds over a long holding period. On income, GDXY currently yields 81.80% against 0.00% for UMAY.
Holdings Overlap
We hold position weights for 2 holdings in GDXY and 1 in UMAY, totalling 21.8% and 101.0% 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 GDXY and 1 in UMAY, against full books of 28 and 24.
You are not choosing between two funds in isolation.
Whichever of GDXY 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, GDXY or UMAY?
GDXY has an expense ratio of 1.00% while UMAY charges 0.79%. UMAY is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, GDXY or UMAY?
Over the past year GDXY returned -6.69% vs +8.83% for UMAY, so UMAY leads on 1-year performance. Over the longest common window we track (2 years), GDXY annualized +17.95% vs +9.47% for UMAY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDXY or UMAY?
GDXY has been the more volatile fund at 33.4% annualized versus 3.2% for UMAY. Worst drawdown: GDXY -37.0% vs UMAY -10.5%.
Should I hold both GDXY and UMAY?
GDXY and UMAY have a monthly-return correlation of 0.09, 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, GDXY or UMAY?
GDXY yields 81.80% while UMAY yields 0.00%, so GDXY currently pays the higher dividend yield.
Is UMAY better than GDXY?
UMAY has a lower expense ratio. GDXY led over the full window, UMAY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.