PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Dynamic Shares Trust - Dynamic Short Short-Term Vo...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US26800L1008

CUSIP

26800L100

Issuer

Dynamic Shares Trust

Inception Date

Jan 13, 2022

Category

Volatility

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Expense Ratio

WEIX features an expense ratio of 0.50%, falling within the medium range.


Expense ratio chart for WEIX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
WEIX vs. SVXY WEIX vs. SVOL WEIX vs. QQQ WEIX vs. svxy WEIX vs. SPY WEIX vs. XLK WEIX vs. SVIX WEIX vs. VOO WEIX vs. SCHG WEIX vs. CLSE
Popular comparisons:
WEIX vs. SVXY WEIX vs. SVOL WEIX vs. QQQ WEIX vs. svxy WEIX vs. SPY 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.


-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-16.57%
7.37%
WEIX (Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF)
Benchmark (^GSPC)

Returns By Period

Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF had a return of -9.14% year-to-date (YTD) and -6.41% in the last 12 months.


WEIX

YTD

-9.14%

1M

-5.75%

6M

-16.20%

1Y

-6.41%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.93%3.19%1.35%-1.47%3.93%1.35%-0.77%-11.05%-2.68%-3.48%9.04%-9.14%
202311.70%-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 7, meaning it’s performing worse than 93% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of WEIX is 77
Overall Rank
The Sharpe Ratio Rank of WEIX is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of WEIX is 99
Sortino Ratio Rank
The Omega Ratio Rank of WEIX is 88
Omega Ratio Rank
The Calmar Ratio Rank of WEIX is 55
Calmar Ratio Rank
The Martin Ratio Rank of WEIX is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for WEIX, currently valued at -0.26, compared to the broader market0.002.004.00-0.262.10
The chart of Sortino ratio for WEIX, currently valued at -0.13, compared to the broader market-2.000.002.004.006.008.0010.00-0.132.80
The chart of Omega ratio for WEIX, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.000.971.39
The chart of Calmar ratio for WEIX, currently valued at -0.25, compared to the broader market0.005.0010.0015.00-0.253.09
The chart of Martin ratio for WEIX, currently valued at -0.80, compared to the broader market0.0020.0040.0060.0080.00100.00-0.8013.49
WEIX
^GSPC

The current Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF Sharpe ratio is -0.26. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.26
1.83
WEIX (Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF)
Benchmark (^GSPC)

Dividends

Dividend History


Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF doesn't pay dividends

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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.28%
-3.66%
WEIX (Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF)
Benchmark (^GSPC)

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 18.28%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.55%Jan 18, 2022105Jun 16, 2022153Jan 26, 2023258
-30.55%Jul 15, 202416Aug 5, 2024
-15.11%Mar 9, 20237Mar 17, 202320Apr 17, 202327
-10.14%Sep 15, 202331Oct 27, 202316Nov 20, 202347
-6.22%Feb 2, 202313Feb 21, 20238Mar 3, 202321

Volatility

Volatility Chart

The current Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF volatility is 6.00%, 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.


0.00%5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
6.00%
3.62%
WEIX (Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF)
Benchmark (^GSPC)
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab