CGIC vs. WNTR

Last updated Jul 12, 2026

CGIC (Capital Group International Core Equity ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - CGIC is a Foreign Large Cap Equities fund actively managed by Capital Group, while WNTR is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, CGIC returned 25.67% vs 116.49% for WNTR. At a correlation of -0.37, they often move in opposite directions. CGIC charges 0.54%/yr vs 1.01%/yr for WNTR.

Performance

CGIC vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group International Core Equity ETF (CGIC) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGIC achieves a 12.03% return, which is significantly higher than WNTR's 8.06% return.

CGIC

• 1D: -0.04%
• 1M: -0.78%
• 6M: 8.43%
• YTD: 12.03%
• 1Y: 25.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WNTR

• 1D: -0.43%
• 1M: 15.85%
• 6M: 10.45%
• YTD: 8.06%
• 1Y: 116.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGIC vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
CGIC Capital Group International Core Equity ETF	12.03%	25.03%
WNTR YieldMax Short MSTR Option Income Strategy ETF	8.06%	52.78%

Correlation

The correlation between CGIC and WNTR is -0.35, 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 (1Y) Calculated over the trailing 1-year period	-0.35
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.37

Return for Risk

CGIC vs. WNTR — Risk / Return Rank

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

CGIC

CGIC Risk / Return Rank: 56
CGIC Sharpe Ratio Rank: 56
CGIC Sortino Ratio Rank: 54
CGIC Omega Ratio Rank: 56
CGIC Calmar Ratio Rank: 55
CGIC Martin Ratio Rank: 59

WNTR

WNTR Risk / Return Rank: 65
WNTR Sharpe Ratio Rank: 81
WNTR Sortino Ratio Rank: 63
WNTR Omega Ratio Rank: 67
WNTR Calmar Ratio Rank: 65
WNTR Martin Ratio Rank: 49

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.

CGIC vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Core Equity ETF (CGIC) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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.

	CGIC	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	1.53	2.06	-0.53
Sortino ratio: Return per unit of downside risk	2.13	2.34	-0.21
Omega ratio: Gain probability vs. loss probability	1.28	1.32	-0.04
Calmar ratio: Return relative to maximum drawdown	2.21	2.60	-0.39
Martin ratio: Return relative to average drawdown	8.32	6.69	+1.64

CGIC vs. WNTR - Sharpe Ratio Comparison

The current CGIC Sharpe Ratio is 1.53, which is comparable to the WNTR Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of CGIC and WNTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CGIC vs. WNTR - Drawdown Comparison

The maximum CGIC drawdown since its inception was -13.10%, smaller than the maximum WNTR drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for CGIC and WNTR.

Drawdown Indicators

	CGIC	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-13.10%	-42.65%	+29.55%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-42.65%	+31.35%
Current Drawdown Current decline from peak	-1.93%	-11.84%	+9.91%
Average Drawdown Average peak-to-trough decline	-2.50%	-20.57%	+18.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	16.58%	-13.58%

Volatility

CGIC vs. WNTR - Volatility Comparison

The current volatility for Capital Group International Core Equity ETF (CGIC) is 6.09%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 18.80%. This indicates that CGIC experiences smaller price fluctuations and is considered to be less risky than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGIC	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	18.80%	-12.71%
Volatility (6M) Calculated over the trailing 6-month period	14.40%	47.57%	-33.17%
Volatility (1Y) Calculated over the trailing 1-year period	16.31%	53.81%	-37.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.51%	53.62%	-37.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.51%	53.62%	-37.11%

CGIC vs. WNTR - Expense Ratio Comparison

CGIC has a 0.54% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

CGIC vs. WNTR - Dividend Comparison

CGIC's dividend yield for the trailing twelve months is around 1.68%, less than WNTR's 104.11% yield.

Position	TTM	2025	2024
CGIC Capital Group International Core Equity ETF	1.68%	1.60%	0.68%
WNTR YieldMax Short MSTR Option Income Strategy ETF	104.11%	58.56%	0.00%

Frequently Asked Questions

Can I hold both CGIC and WNTR in my portfolio?

CGIC and WNTR have a correlation of -0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGIC or WNTR?

WNTR has higher volatility (18.80%) compared to CGIC (6.09%). In terms of maximum drawdown, CGIC dropped -13.10% vs WNTR's -42.65%.

Which ETF is better, CGIC or WNTR?

On 1-year performance, WNTR leads with 116.49% vs 25.67% for CGIC. On fees, CGIC is cheaper at 0.54% per year. On volatility, CGIC has been the lower-risk option at 6.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGIC or WNTR?

Over the 1-year period, WNTR has performed better with a 116.49% return vs 25.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGIC or WNTR?

CGIC is cheaper with a 0.54% expense ratio, compared with 1.01% for WNTR.

Which ETF pays a higher dividend yield, CGIC or WNTR?

WNTR has the higher dividend yield at 104.11%, compared with 1.68% for CGIC.

What is the main difference between CGIC and WNTR?

CGIC is categorized as Foreign Large Cap Equities, while WNTR is Derivative Income. They also come from different issuers: Capital Group and YieldMax. Their fees differ too: 0.54% for CGIC and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.06 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.