ACVT vs. WMTI

Last updated Jul 14, 2026

ACVT (Advent Convertible Bond ETF) and WMTI (REX WMT Growth & Income ETF) are both exchange-traded funds - ACVT is a Convertible Bonds fund actively managed by Advent, while WMTI is a Derivative Income fund actively managed by REX. Both are actively managed. At a correlation of -0.17, they often move in opposite directions. ACVT charges 0.65%/yr vs 0.99%/yr for WMTI.

Performance

ACVT vs. WMTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advent Convertible Bond ETF (ACVT) and REX WMT Growth & Income ETF (WMTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACVT achieves a 5.71% return, which is significantly higher than WMTI's -0.96% return.

ACVT

• 1D: -0.18%
• 1M: 1.19%
• 6M: 4.46%
• YTD: 5.71%
• 1Y: 8.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WMTI

• 1D: 0.69%
• 1M: -6.82%
• 6M: -5.95%
• YTD: -0.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACVT vs. WMTI - Yearly Performance Comparison

	2026 (YTD)	2025
ACVT Advent Convertible Bond ETF	5.71%	0.43%
WMTI REX WMT Growth & Income ETF	-0.96%	9.99%

Correlation

The correlation between ACVT and WMTI is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	-0.17

Return for Risk

ACVT vs. WMTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACVT

ACVT Risk / Return Rank: 51
ACVT Sharpe Ratio Rank: 54
ACVT Sortino Ratio Rank: 58
ACVT Omega Ratio Rank: 52
ACVT Calmar Ratio Rank: 43
ACVT Martin Ratio Rank: 48

WMTI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACVT vs. WMTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advent Convertible Bond ETF (ACVT) and REX WMT Growth & Income ETF (WMTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ACVT	WMTI	Difference
Sharpe ratio: Return per unit of total volatility	1.48	—	—
Sortino ratio: Return per unit of downside risk	2.18	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.78	—	—
Martin ratio: Return relative to average drawdown	6.38	—	—

Drawdowns

ACVT vs. WMTI - Drawdown Comparison

The maximum ACVT drawdown since its inception was -4.81%, smaller than the maximum WMTI drawdown of -20.60%. Use the drawdown chart below to compare losses from any high point for ACVT and WMTI.

Drawdown Indicators

	ACVT	WMTI	Difference
Max Drawdown Largest peak-to-trough decline	-4.81%	-20.60%	+15.79%
Max Drawdown (1Y) Largest decline over 1 year	-4.81%	—	—
Current Drawdown Current decline from peak	-0.67%	-16.37%	+15.70%
Average Drawdown Average peak-to-trough decline	-0.82%	-5.33%	+4.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.34%	—	—

Volatility

Volatility by Period

	ACVT	WMTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.83%	27.90%	-22.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.78%	27.90%	-22.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.78%	27.90%	-22.12%

ACVT vs. WMTI - Expense Ratio Comparison

ACVT has a 0.65% expense ratio, which is lower than WMTI's 0.99% expense ratio.

Dividends

ACVT vs. WMTI - Dividend Comparison

ACVT's dividend yield for the trailing twelve months is around 1.58%, less than WMTI's 26.01% yield.

Position	TTM	2025
ACVT Advent Convertible Bond ETF	1.58%	1.19%
WMTI REX WMT Growth & Income ETF	26.01%	3.36%

Frequently Asked Questions

Can I hold both ACVT and WMTI in my portfolio?

ACVT and WMTI have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ACVT or WMTI?

On fees, ACVT is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ACVT or WMTI?

ACVT is cheaper with a 0.65% expense ratio, compared with 0.99% for WMTI.

Which ETF pays a higher dividend yield, ACVT or WMTI?

WMTI has the higher dividend yield at 26.01%, compared with 1.58% for ACVT.

What is the main difference between ACVT and WMTI?

ACVT is categorized as Convertible Bonds, while WMTI is Derivative Income. They also come from different issuers: Advent and REX. Their fees differ too: 0.65% for ACVT and 0.99% for WMTI.