I believe it’s an improvement over the previous formula and not so much an “advanced replacement.”
The Ultra label indicates it’s a “ceramic hybrid” formula. Their website claims longer durability for Ultra though we all know there are a few variables that determine durability.
As in one’s geographical location, especially if the vehicle sits outside in the elements, and whether you choose to hand wash your vehicle versus using “Bubba’s Swirl-O-Matic Drive Thru Carwash.”