MSTY vs ULTY: Dividend Comparison
Yieldmax MSTR Option Income Strategy ETF (MSTY) from N/A and YieldMax Ultra Option Income Strategy ETF (ULTY) from N/A offer different dividend profiles for income-focused portfolios. MSTY offers a significantly higher 285.70% yield compared to ULTY's 137.83%, a gap of 147.87%. For dividend growth, MSTY leads with a 5-year CAGR of -72.8% versus ULTY's -88.4%.
Verdict
Yield Analysis
MSTY yields 147.87% more than ULTY. In dollar terms, MSTY pays $78.13/share vs ULTY's $45.23/share annually.
Dividend Growth
MSTY: Dividend growth has been steady, with a 3-year CAGR of -72.8% and a 5-year CAGR of -72.8% (10-year: -72.8%).
ULTY: Dividend growth has been steady, with a 3-year CAGR of -88.4% and a 5-year CAGR of -88.4% (10-year: -88.4%).
Dividend Safety
Estimated Annual Dividend Income
Based on current dividend yields. Actual income may vary.
What does $10,000 buy in MSTY vs ULTY today?
At $24.09 per share, $10,000 buys about 415.2 shares of Yieldmax MSTR Option Income Strategy ETF (MSTY). Each share pays $78.13 per year in dividends, so the position starts out generating roughly $32,438 per year — about $2,703 a month.
At $34.47 per share, $10,000 buys about 290.1 shares of YieldMax Ultra Option Income Strategy ETF (ULTY). Each share pays $45.23 per year in dividends, so the position starts out generating roughly $13,120 per year — about $1,093 a month.
MSTY is the larger income stream from day one: $19,318 per year more on the same $10,000 invested.
What could $10,000 of MSTY or ULTY income look like in 10 years?
Yieldmax MSTR Option Income Strategy ETF (MSTY)'s dividend has shrunk about 72.8% a year over the past five years. If that trend continued, today's $28,570 per year on $10,000 (at the current 285.70% yield) would fall to $0 per year by 2036.
YieldMax Ultra Option Income Strategy ETF (ULTY)'s dividend has shrunk about 88.4% a year over the past five years. If that trend continued, today's $13,783 per year on $10,000 (at the current 137.83% yield) would fall to $0 per year by 2036.
On those trailing rates, MSTY pays more in 2036: $0 versus $0 per year. The projection assumes each five-year growth rate persists and no dividends are reinvested — real payouts will differ.
When would ULTY's dividend growth overtake MSTY's higher yield?
It doesn't, on the trailing numbers. Yieldmax MSTR Option Income Strategy ETF (MSTY) yields more today (285.70% vs 137.83%) and has also grown its dividend at least as fast (-72.8% vs -88.4% a year over five years). Unless ULTY accelerates its raises or MSTY stumbles, ULTY never closes the income gap — MSTY wins on both current income and growth.
Why is there no payout ratio for MSTY or ULTY?
REWD has neither an earnings-per-share figure nor a payout ratio for Yieldmax MSTR Option Income Strategy ETF (MSTY) and YieldMax Ultra Option Income Strategy ETF (ULTY) — typical for ETFs and covered-call funds, whose distributions are funded by the underlying portfolio (stock dividends, option premium, or return of capital) rather than a single company's earnings. For a fund, judge sustainability by the distribution history and the strategy behind it, not a payout ratio.
Which fits an early-retirement income portfolio better, MSTY or ULTY?
For income you need right now, Yieldmax MSTR Option Income Strategy ETF (MSTY) leads: $100,000 invested today pays about $23,808 a month at the current 285.70% yield, versus $11,486 a month from YieldMax Ultra Option Income Strategy ETF (ULTY) at 137.83%.
MSTY also leads on dividend growth (-72.8% vs -88.4% a year over five years), so the trailing numbers favor it on both fronts.
Many income investors simply hold both — the mix pairs current yield with growth and spreads single-name risk. Whichever way you lean, dividends are never guaranteed; recheck the payout each quarter rather than setting and forgetting.
$10,000 with DRIP: projected annual income
If each holding keeps raising its dividend at its real 5-year rate and every payment is reinvested, a $10,000 position pays $45,636/yr in MSTY vs $0/yr in ULTY by year 10.
Assumes dividends are reinvested at the current yield and grow at each holding's trailing 5-year dividend CAGR. A projection, not a prediction — no price appreciation modeled.
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Past performance does not guarantee future results. All projections are hypothetical estimates based on user-provided inputs and may differ materially from actual outcomes.
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