CWII vs. SQY

Last updated Jun 24, 2026

CWII (REX CRWV Growth & Income ETF) and SQY (YieldMax SQ Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. CWII charges 1.03%/yr vs 1.01%/yr for SQY.

Performance

CWII vs. SQY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX CRWV Growth & Income ETF (CWII) and YieldMax SQ Option Income Strategy ETF (SQY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CWII

• 1D: 0.00%
• 1M: 10,273.16%
• YTD: 13,199.78%
• 6M: 11,946.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SQY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

CWII vs. SQY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX CRWV Growth & Income ETF (CWII) and YieldMax SQ Option Income Strategy ETF (SQY). 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.

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

Drawdowns

Drawdown Indicators

	CWII	SQY	Difference
Max Drawdown Largest peak-to-trough decline	-51.04%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-33.26%	—	—

Volatility

Volatility by Period

	CWII	SQY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13,701.30%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13,701.30%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13,701.30%	—	—

CWII vs. SQY - Expense Ratio Comparison

CWII has a 1.03% expense ratio, which is higher than SQY's 1.01% expense ratio.

Dividends

CWII vs. SQY - Dividend Comparison

CWII's dividend yield for the trailing twelve months is around 123.26%, while SQY has not paid dividends to shareholders.

Position	TTM	2025
CWII REX CRWV Growth & Income ETF	123.26%	6.09%
SQY YieldMax SQ Option Income Strategy ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, CWII or SQY?

On fees, SQY is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CWII or SQY?

SQY is cheaper with a 1.01% expense ratio, compared with 1.03% for CWII.

Which ETF pays a higher dividend yield, CWII or SQY?

CWII has the higher dividend yield at 123.26%, compared with 0.00% for SQY.

What is the main difference between CWII and SQY?

They also come from different issuers: REX Shares and YieldMax. Their fees differ too: 1.03% for CWII and 1.01% for SQY.