Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX)
WEIX is an actively managed ETF by Dynamic Shares Trust. WEIX launched on Jan 13, 2022 and has a 0.50% expense ratio.
ETF Info
| ISIN | US26800L1008 |
|---|---|
| CUSIP | 26800L100 |
| Issuer | Dynamic Shares Trust |
| Inception Date | Jan 13, 2022 |
| Category | Volatility |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Home Page | dynamicsharesetf.com |
| Asset Class | Equity |
Expense Ratio
WEIX features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: WEIX vs. SVXY, WEIX vs. SVOL, WEIX vs. QQQ, WEIX vs. SPY, WEIX vs. svxy, WEIX vs. XLK, WEIX vs. SVIX, WEIX vs. VOO, WEIX vs. SCHG, WEIX vs. CLSE
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF had a return of -2.15% year-to-date (YTD) and 3.78% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.15% | 25.48% |
| 1 month | 4.63% | 2.14% |
| 6 months | -9.29% | 12.76% |
| 1 year | 3.78% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of WEIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.93% | 3.19% | 1.35% | -1.47% | 3.93% | 1.35% | -0.77% | -11.05% | -2.68% | -3.48% | -2.15% | ||
| 2023 | 11.70% | -0.88% | -2.50% | 7.91% | 5.28% | 11.30% | 2.79% | 2.41% | -1.87% | -3.40% | 9.45% | 2.85% | 53.31% |
| 2022 | -6.51% | -10.89% | 7.69% | -13.25% | -0.49% | -6.92% | 11.79% | -1.16% | -4.95% | 7.70% | 8.61% | 2.09% | -9.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WEIX is 10, indicating that it is in the bottom 10% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF was 30.55%, occurring on Jun 16, 2022. Recovery took 153 trading sessions.
The current Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF drawdown is 12.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.55% | Jan 18, 2022 | 105 | Jun 16, 2022 | 153 | Jan 26, 2023 | 258 |
| -30.55% | Jul 15, 2024 | 16 | Aug 5, 2024 | — | — | — |
| -15.11% | Mar 9, 2023 | 7 | Mar 17, 2023 | 20 | Apr 17, 2023 | 27 |
| -10.14% | Sep 15, 2023 | 31 | Oct 27, 2023 | 16 | Nov 20, 2023 | 47 |
| -6.22% | Feb 2, 2023 | 13 | Feb 21, 2023 | 8 | Mar 3, 2023 | 21 |
Volatility
Volatility Chart
The current Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF volatility is 6.24%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.