ETF Comparison
LFGY vs ULTY: Which Is the Better Pick in 2026?
A head-to-head comparison of YieldMax Crypto Industry & Tech Portfolio Option Income ETF and YieldMax Ultra Option Income Strategy ETF covering yield, cost, risk, and income potential.
Data updated April 2, 2026
Side-by-side snapshot
| LFGY | ULTY | |
|---|---|---|
| Full name | YieldMax Crypto Industry & Tech Portfolio Option Income ETF | YieldMax Ultra Option Income Strategy ETF |
| Issuer | YieldMax | YieldMax |
| Price | $19.97 | $30.30 |
| Distribution yield | 102.05% | 131.53% |
| Expense ratio | 1.02% | 1.30% |
| AUM | $99M | $978M |
| Distribution frequency | Weekly | Weekly |
| Underlying index | Basket (Crypto industry & technology equities) | Basket (High Volatility stocks) |
| Objective | Covered Call | Covered Call |
| Asset class | Equity | Equity |
| Inception date | 01/13/2025 | 02/21/2024 |
| Beta | 0.0 | 0.0 |
| Last dividend | $0.23 | $0.43 |
| Ex-dividend date | 03/25/2026 | 03/25/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) and ULTY (YieldMax Ultra Option Income Strategy ETF) are both popular weekly-pay covered call ETFs, but they take different approaches.
ULTY offers the higher yield at 131.53% vs 102.05% for LFGY. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
LFGY is cheaper with an expense ratio of 1.02% compared to 1.30%.
They track different benchmarks: LFGY is linked to Basket (Crypto industry & technology equities) while ULTY tracks Basket (High Volatility stocks), which means their performance drivers differ.
ULTY is the larger fund by assets ($978M), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, LFGY would generate roughly $850.42/month while ULTY would produce $1,096.08/month at current distribution rates. Both pay weekly distributions.
Cost & efficiency
Over 10 years on $10,000, LFGY would cost approximately $1,020 in fees vs $1,300 for ULTY (simplified, not compounded). The $280.00 difference may be offset by yield or performance.
Strategy & risk
LFGY tracks Basket (Crypto industry & technology equities) with a covered call approach, while ULTY tracks Basket (High Volatility stocks) using a covered call strategy. Beta is 0.0 for LFGY and 0.0 for ULTY, indicating ULTY is less volatile relative to the market.
Fund details
LFGY is managed by YieldMax (launched 01/13/2025) with $99M in assets. ULTY is managed by YieldMax (launched 02/21/2024) with $978M in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is LFGY or ULTY better for dividend income?
It depends on your goals. ULTY currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between LFGY and ULTY?
LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) tracks Basket (Crypto industry & technology equities) with a covered call strategy, while ULTY (YieldMax Ultra Option Income Strategy ETF) tracks Basket (High Volatility stocks) with a covered call approach. They are issued by YieldMax and YieldMax respectively.
Can I hold both LFGY and ULTY?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, LFGY or ULTY?
LFGY has an expense ratio of 1.02% while ULTY charges 1.30%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in LFGY vs ULTY generate?
At current yields, $10,000 in LFGY would generate roughly $850.42 per month ($10,205.00 annually). The same in ULTY would produce about $1,096.08 per month ($13,153.00 annually).
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