DJIA vs. CWII

Last updated Jun 23, 2026

DJIA (Global X Dow 30 Covered Call ETF) and CWII (REX CRWV Growth & Income ETF) are both Derivative Income funds. DJIA is passively managed, while CWII is actively managed. At a 0.23 correlation, their price movements are largely independent. DJIA charges 0.60%/yr vs 1.03%/yr for CWII.

Performance

DJIA vs. CWII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Dow 30 Covered Call ETF (DJIA) and REX CRWV Growth & Income ETF (CWII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DJIA achieves a 3.81% return, which is significantly lower than CWII's 13,199.78% return.

DJIA

• 1D: 0.20%
• 1M: 1.17%
• YTD: 3.81%
• 6M: 3.30%
• 1Y: 14.39%
• 3Y*: 10.54%
• 5Y*: —
• 10Y*: —

CWII

• 1D: 0.00%
• 1M: 10,273.16%
• YTD: 13,199.78%
• 6M: 11,535.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DJIA vs. CWII - Yearly Performance Comparison

	2026 (YTD)	2025
DJIA Global X Dow 30 Covered Call ETF	3.81%	3.27%
CWII REX CRWV Growth & Income ETF	13,199.78%	-45.06%

Correlation

The correlation between DJIA and CWII is 0.23, 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 Nov 4, 2025	0.23

Return for Risk

DJIA vs. CWII — Risk / Return Rank

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

DJIA

DJIA Risk / Return Rank: 56
DJIA Sharpe Ratio Rank: 61
DJIA Sortino Ratio Rank: 63
DJIA Omega Ratio Rank: 72
DJIA Calmar Ratio Rank: 41
DJIA Martin Ratio Rank: 46

CWII

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.

DJIA vs. CWII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Dow 30 Covered Call ETF (DJIA) and REX CRWV Growth & Income ETF (CWII). 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.

	DJIA	CWII	Difference
Sharpe ratio: Return per unit of total volatility	1.96	—	—
Sortino ratio: Return per unit of downside risk	2.82	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	1.97	—	—
Martin ratio: Return relative to average drawdown	7.33	—	—

Drawdowns

DJIA vs. CWII - Drawdown Comparison

The maximum DJIA drawdown since its inception was -16.91%, smaller than the maximum CWII drawdown of -51.04%. Use the drawdown chart below to compare losses from any high point for DJIA and CWII.

Drawdown Indicators

	DJIA	CWII	Difference
Max Drawdown Largest peak-to-trough decline	-16.91%	-51.04%	+34.13%
Max Drawdown (1Y) Largest decline over 1 year	-7.34%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.09%	—	—
Current Drawdown Current decline from peak	-0.29%	0.00%	-0.29%
Average Drawdown Average peak-to-trough decline	-3.55%	-33.26%	+29.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.97%	—	—

Volatility

Volatility by Period

	DJIA	CWII	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.39%	13,701.30%	-13,693.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.17%	13,701.30%	-13,690.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.17%	13,701.30%	-13,690.13%

DJIA vs. CWII - Expense Ratio Comparison

DJIA has a 0.60% expense ratio, which is lower than CWII's 1.03% expense ratio.

Dividends

DJIA vs. CWII - Dividend Comparison

DJIA's dividend yield for the trailing twelve months is around 11.48%, less than CWII's 123.26% yield.

Position	TTM	2025	2024	2023	2022
CWII REX CRWV Growth & Income ETF	123.26%	6.09%	0.00%	0.00%	0.00%
DJIA Global X Dow 30 Covered Call ETF	11.48%	10.60%	11.44%	7.16%	9.18%

Frequently Asked Questions

Can I hold both DJIA and CWII in my portfolio?

DJIA and CWII have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DJIA or CWII?

On fees, DJIA 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, DJIA or CWII?

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

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

CWII has the higher dividend yield at 123.26%, compared with 11.48% for DJIA.

What is the main difference between DJIA and CWII?

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