CWII vs. TYLG

Last updated Jun 5, 2026

CWII (REX CRWV Growth & Income ETF) and TYLG (Global X Information Technology Covered Call & Growth ETF) are both Derivative Income funds. CWII is actively managed, while TYLG is passively managed. A 0.56 correlation means they provide meaningful diversification when combined. CWII charges 1.03%/yr vs 0.60%/yr for TYLG.

Performance

CWII vs. TYLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX CRWV Growth & Income ETF (CWII) and Global X Information Technology Covered Call & Growth ETF (TYLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CWII achieves a 35.03% return, which is significantly higher than TYLG's 22.95% return.

CWII

• 1D: -1.60%
• 1M: -10.42%
• YTD: 35.03%
• 6M: 9.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TYLG

• 1D: -0.87%
• 1M: 10.32%
• YTD: 22.95%
• 6M: 23.72%
• 1Y: 47.07%
• 3Y*: 24.68%
• 5Y*: —
• 10Y*: —

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

CWII vs. TYLG - Yearly Performance Comparison

	2026 (YTD)	2025
CWII REX CRWV Growth & Income ETF	35.03%	-42.16%
TYLG Global X Information Technology Covered Call & Growth ETF	22.95%	0.37%

Correlation

The correlation between CWII and TYLG is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.56

Return for Risk

CWII vs. TYLG — Risk / Return Rank

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

TYLG

TYLG Risk / Return Rank: 87
TYLG Sharpe Ratio Rank: 90
TYLG Sortino Ratio Rank: 87
TYLG Omega Ratio Rank: 87
TYLG Calmar Ratio Rank: 86
TYLG Martin Ratio Rank: 88

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.

CWII vs. TYLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX CRWV Growth & Income ETF (CWII) and Global X Information Technology Covered Call & Growth ETF (TYLG). 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.

Sharpe Ratios by Period

	CWII	TYLG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	1.45	-1.85

Drawdowns

CWII vs. TYLG - Drawdown Comparison

The maximum CWII drawdown since its inception was -48.46%, which is greater than TYLG's maximum drawdown of -24.01%. Use the drawdown chart below to compare losses from any high point for CWII and TYLG.

Drawdown Indicators

	CWII	TYLG	Difference
Max Drawdown Largest peak-to-trough decline	-48.46%	-24.01%	-24.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.09%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.01%	—
Current Drawdown Current decline from peak	-21.90%	-1.29%	-20.61%
Average Drawdown Average peak-to-trough decline	-30.49%	-2.73%	-27.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.51%	—

Volatility

Volatility by Period

	CWII	TYLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	88.33%	15.54%	+72.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.33%	19.16%	+69.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.33%	19.16%	+69.17%

CWII vs. TYLG - Expense Ratio Comparison

CWII has a 1.03% expense ratio, which is higher than TYLG's 0.60% expense ratio.

Dividends

CWII vs. TYLG - Dividend Comparison

CWII's dividend yield for the trailing twelve months is around 21.06%, more than TYLG's 7.53% yield.

Position	TTM	2025	2024	2023	2022
CWII REX CRWV Growth & Income ETF	21.06%	6.09%	0.00%	0.00%	0.00%
TYLG Global X Information Technology Covered Call & Growth ETF	7.53%	7.66%	7.24%	11.89%	0.51%

Frequently Asked Questions

Can I hold both CWII and TYLG in my portfolio?

CWII and TYLG have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CWII or TYLG?

On fees, TYLG is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CWII or TYLG?

TYLG is cheaper with a 0.60% expense ratio, compared with 1.03% for CWII.

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

CWII has the higher dividend yield at 21.06%, compared with 7.53% for TYLG.

What is the main difference between CWII and TYLG?

They also come from different issuers: REX Shares and Global X. Their fees differ too: 1.03% for CWII and 0.60% for TYLG.