BABW vs. WEEL
BABW (Roundhill BABA WeeklyPay ETF) and WEEL (Peerless Option Income Wheel ETF) are both Derivative Income funds. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
BABW vs. WEEL - Performance Comparison
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Returns By Period
In the year-to-date period, BABW achieves a -17.38% return, which is significantly lower than WEEL's 5.22% return.
BABW
- 1D
- -2.92%
- 1M
- -5.34%
- YTD
- -17.38%
- 6M
- -24.96%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WEEL
- 1D
- -0.40%
- 1M
- 0.96%
- YTD
- 5.22%
- 6M
- 5.75%
- 1Y
- 20.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BABW vs. WEEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BABW Roundhill BABA WeeklyPay ETF | -17.38% | -18.22% |
WEEL Peerless Option Income Wheel ETF | 5.22% | 2.42% |
Correlation
The correlation between BABW and WEEL is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025 | 0.39 |
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Return for Risk
BABW vs. WEEL — Risk / Return Rank
BABW
WEEL
BABW vs. WEEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill BABA WeeklyPay ETF (BABW) and Peerless Option Income Wheel ETF (WEEL). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| BABW | WEEL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.97 | 1.01 | -1.97 |
Drawdowns
BABW vs. WEEL - Drawdown Comparison
The maximum BABW drawdown since its inception was -40.29%, which is greater than WEEL's maximum drawdown of -17.45%. Use the drawdown chart below to compare losses from any high point for BABW and WEEL.
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Drawdown Indicators
| BABW | WEEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.29% | -17.45% | -22.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.60% | — |
Current DrawdownCurrent decline from peak | -35.94% | -0.40% | -35.54% |
Average DrawdownAverage peak-to-trough decline | -22.10% | -1.45% | -20.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.95% | — |
Volatility
BABW vs. WEEL - Volatility Comparison
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Volatility by Period
| BABW | WEEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.83% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 49.61% | 8.01% | +41.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.61% | 12.84% | +36.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.61% | 12.84% | +36.77% |
BABW vs. WEEL - Expense Ratio Comparison
Both BABW and WEEL have an expense ratio of 0.99%.
Dividends
BABW vs. WEEL - Dividend Comparison
BABW's dividend yield for the trailing twelve months is around 37.81%, more than WEEL's 12.46% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BABW Roundhill BABA WeeklyPay ETF | 37.81% | 10.68% | 0.00% |
WEEL Peerless Option Income Wheel ETF | 12.46% | 12.72% | 6.88% |
Frequently Asked Questions
BABW and WEEL have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
BABW and WEEL have the same expense ratio: 0.99% per year.
BABW has the higher dividend yield at 37.81%, compared with 12.46% for WEEL.
They also come from different issuers: Roundhill Investments and Peerless ETFs.
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