CHPY vs. WMTI

Last updated Jul 21, 2026

CHPY (YieldMax Semiconductor Portfolio Option Income ETF) and WMTI (REX WMT Growth & Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.10, they often move in opposite directions. Both charge a 0.99% expense ratio.

Performance

CHPY vs. WMTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Semiconductor Portfolio Option Income ETF (CHPY) 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, CHPY achieves a 60.59% return, which is significantly higher than WMTI's -2.86% return.

CHPY

• 1D: 0.07%
• 1M: -16.49%
• 6M: 45.51%
• YTD: 60.59%
• 1Y: 94.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 104.00%

WMTI

• 1D: -1.97%
• 1M: -5.49%
• 6M: -8.69%
• YTD: -2.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

CHPY vs. WMTI - Yearly Performance Comparison

	2026 (YTD)	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	60.59%	0.04%
WMTI REX WMT Growth & Income ETF	-2.86%	9.99%

Correlation

The correlation between CHPY and WMTI is -0.10, 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	-0.10

Return for Risk

CHPY vs. WMTI — Risk / Return Rank

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

CHPY

CHPY Risk / Return Rank: 91
CHPY Sharpe Ratio Rank: 94
CHPY Sortino Ratio Rank: 86
CHPY Omega Ratio Rank: 89
CHPY Calmar Ratio Rank: 94
CHPY Martin Ratio Rank: 95

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.

CHPY vs. WMTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Semiconductor Portfolio Option Income ETF (CHPY) 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.

	CHPY	WMTI	Difference
Sharpe ratio: Return per unit of total volatility	2.66	—	—
Sortino ratio: Return per unit of downside risk	3.00	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	5.22	—	—
Martin ratio: Return relative to average drawdown	20.81	—	—

Drawdowns

CHPY vs. WMTI - Drawdown Comparison

The maximum CHPY drawdown since its inception was -18.27%, smaller than the maximum WMTI drawdown of -20.60%. Use the drawdown chart below to compare losses from any high point for CHPY and WMTI.

Drawdown Indicators

	CHPY	WMTI	Difference
Max Drawdown Largest peak-to-trough decline	-18.27%	-20.60%	+2.33%
Max Drawdown (1Y) Largest decline over 1 year	-18.27%	—	—
Current Drawdown Current decline from peak	-18.22%	-17.97%	-0.25%
Average Drawdown Average peak-to-trough decline	-2.58%	-5.66%	+3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.57%	—	—

Volatility

Volatility by Period

	CHPY	WMTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.88%	27.74%	+8.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.81%	27.74%	+10.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.81%	27.74%	+10.07%

CHPY vs. WMTI - Expense Ratio Comparison

Both CHPY and WMTI have an expense ratio of 0.99%.

Dividends

CHPY vs. WMTI - Dividend Comparison

CHPY's dividend yield for the trailing twelve months is around 36.46%, more than WMTI's 27.29% yield.

Position	TTM	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	36.46%	28.19%
WMTI REX WMT Growth & Income ETF	27.29%	3.36%

Frequently Asked Questions

Can I hold both CHPY and WMTI in my portfolio?

CHPY and WMTI have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CHPY or WMTI?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHPY or WMTI?

CHPY and WMTI have the same expense ratio: 0.99% per year.

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

CHPY has the higher dividend yield at 36.46%, compared with 27.29% for WMTI.

What is the main difference between CHPY and WMTI?

They also come from different issuers: YieldMax and REX.