IWML's Sortino Ratio of 2.39 indicates that for each unit of downside volatility, it generates 2.39 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 17, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
IWML Sortino Ratio Rank
IWML ranks above 64.7% of all investments in our database based on Sortino Ratio over the past 12 months, indicating above-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Above-average downside protection with room for improvement
- Compare against category peers to gauge relative positioning
- Monitor for movement toward top tier or decline toward median
- Consider pairing with top-tier holdings to improve portfolio risk profile
IWML Sortino Ratio Market Positioning
The chart shows IWML's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 1.16 or lower
- Yellow zone (middle 50%): 1.16 to 2.72
- Green zone (top 25%): 2.72 or higher
- Top 1%: 13.45+
- Median: 2.03 — half of all investments score higher
How it compares to other similar ETFs
The table compares ETRACS 2x Leveraged US Size Factor TR ETN's Sortino Ratio with other ETFs in the Leveraged Equities category across multiple time periods, showing how IWML's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 17, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| XTAP | Innovator U.S. Equity Accelerated Plus ETF | 6.53 | |||
| QTAP | Innovator Growth Accelerated Plus ETF - April | 5.37 | |||
| MUU | Direxion Daily MU Bull 2X Shares | 5.00 | |||
| MULL | GraniteShares 2x Long MU Daily ETF | 4.90 | |||
| GGLL | Direxion Daily GOOGL Bull 2X Shares | 3.92 | |||
| INTW | GraniteShares 2x Long INTC Daily ETF | 3.89 | |||
| DLLL | GraniteShares 2x Long DELL Daily ETF | 3.79 | |||
| PILL | Direxion Daily Pharmaceutical & Medical Bull 3X Shares | 3.43 | |||
| LABU | Direxion Daily S&P Biotech Bull 3x Shares | 3.41 | |||
| SCDL | ETRACS 2x Leveraged U.S. Dividend Factor TR ETN | 3.38 | |||
| IWML | ETRACS 2x Leveraged US Size Factor TR ETN | 2.39 |
Historical Sortino Ratio
The chart shows IWML's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when IWML consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
Loading charts...
IHow does IWML fit in your portfolio?
Add your other holdings to see your portfolio's Sortino Ratio and find out.
Analyze Your Portfolio