CWY vs. FYEE
CWY (GraniteShares YieldBOOST CRWV ETF) and FYEE (Fidelity Yield Enhanced Equity ETF) are both Derivative Income funds. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. CWY charges 1.07%/yr vs 0.28%/yr for FYEE.
Performance
CWY vs. FYEE - Performance Comparison
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Returns By Period
CWY
- 1D
- -0.65%
- 1M
- -11.35%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FYEE
- 1D
- 0.03%
- 1M
- 0.97%
- 6M
- 6.88%
- YTD
- 7.55%
- 1Y
- 20.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.51%
CWY vs. FYEE - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CWY GraniteShares YieldBOOST CRWV ETF | -9.00% |
FYEE Fidelity Yield Enhanced Equity ETF | 1.48% |
Correlation
The correlation between CWY and FYEE is 0.45, 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 May 26, 2026 | 0.45 |
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Return for Risk
CWY vs. FYEE — Risk / Return Rank
CWY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FYEE
CWY vs. FYEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST CRWV ETF (CWY) and Fidelity Yield Enhanced Equity ETF (FYEE). 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.
| CWY | FYEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.77 | — |
| Martin ratioReturn relative to average drawdown | — | 13.30 | — |
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Drawdowns
CWY vs. FYEE - Drawdown Comparison
The maximum CWY drawdown since its inception was -11.67%, smaller than the maximum FYEE drawdown of -18.79%. Use the drawdown chart below to compare losses from any high point for CWY and FYEE.
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Drawdown Indicators
| CWY | FYEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.67% | -18.79% | +7.12% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.39% | — |
Current DrawdownCurrent decline from peak | -11.67% | -1.15% | -10.52% |
Average DrawdownAverage peak-to-trough decline | -3.96% | -2.19% | -1.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.54% | — |
Volatility
CWY vs. FYEE - Volatility Comparison
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Volatility by Period
| CWY | FYEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.28% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.20% | 10.44% | +5.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.20% | 13.78% | +2.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 13.78% | +2.42% |
CWY vs. FYEE - Expense Ratio Comparison
CWY has a 1.07% expense ratio, which is higher than FYEE's 0.28% expense ratio.
Dividends
CWY vs. FYEE - Dividend Comparison
CWY's dividend yield for the trailing twelve months is around 14.04%, more than FYEE's 8.45% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CWY GraniteShares YieldBOOST CRWV ETF | 14.04% | 0.00% | 0.00% |
FYEE Fidelity Yield Enhanced Equity ETF | 8.45% | 7.08% | 5.45% |
Frequently Asked Questions
CWY and FYEE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FYEE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FYEE is cheaper with a 0.28% expense ratio, compared with 1.07% for CWY.
CWY has the higher dividend yield at 14.04%, compared with 8.45% for FYEE.
They also come from different issuers: GraniteShares and Fidelity. Their fees differ too: 1.07% for CWY and 0.28% for FYEE.
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