EGGY vs. WNTR

Last updated Jul 12, 2026

EGGY (NestYield Dynamic Income ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, EGGY returned 34.27% vs 116.49% for WNTR. At a correlation of -0.38, they often move in opposite directions. EGGY charges 0.95%/yr vs 1.01%/yr for WNTR.

Performance

EGGY vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NestYield Dynamic Income ETF (EGGY) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EGGY achieves a 31.42% return, which is significantly higher than WNTR's 8.06% return.

EGGY

• 1D: -0.08%
• 1M: -1.96%
• 6M: 28.85%
• YTD: 31.42%
• 1Y: 34.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WNTR

• 1D: -0.43%
• 1M: 15.85%
• 6M: 10.45%
• YTD: 8.06%
• 1Y: 116.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EGGY vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
EGGY NestYield Dynamic Income ETF	31.42%	24.87%
WNTR YieldMax Short MSTR Option Income Strategy ETF	8.06%	52.78%

Correlation

The correlation between EGGY and WNTR is -0.35, 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 (1Y) Calculated over the trailing 1-year period	-0.35
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.38

Return for Risk

EGGY vs. WNTR — Risk / Return Rank

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

EGGY

EGGY Risk / Return Rank: 35
EGGY Sharpe Ratio Rank: 32
EGGY Sortino Ratio Rank: 30
EGGY Omega Ratio Rank: 35
EGGY Calmar Ratio Rank: 46
EGGY Martin Ratio Rank: 35

WNTR

WNTR Risk / Return Rank: 65
WNTR Sharpe Ratio Rank: 81
WNTR Sortino Ratio Rank: 63
WNTR Omega Ratio Rank: 67
WNTR Calmar Ratio Rank: 65
WNTR Martin Ratio Rank: 49

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.

EGGY vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NestYield Dynamic Income ETF (EGGY) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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.

	EGGY	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	0.96	2.06	-1.11
Sortino ratio: Return per unit of downside risk	1.35	2.34	-0.99
Omega ratio: Gain probability vs. loss probability	1.19	1.32	-0.12
Calmar ratio: Return relative to maximum drawdown	1.84	2.60	-0.76
Martin ratio: Return relative to average drawdown	4.35	6.69	-2.34

EGGY vs. WNTR - Sharpe Ratio Comparison

The current EGGY Sharpe Ratio is 0.96, which is lower than the WNTR Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of EGGY and WNTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EGGY vs. WNTR - Drawdown Comparison

The maximum EGGY drawdown since its inception was -18.34%, smaller than the maximum WNTR drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for EGGY and WNTR.

Drawdown Indicators

	EGGY	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-18.34%	-42.65%	+24.31%
Max Drawdown (1Y) Largest decline over 1 year	-18.34%	-42.65%	+24.31%
Current Drawdown Current decline from peak	-12.67%	-11.84%	-0.83%
Average Drawdown Average peak-to-trough decline	-5.37%	-20.57%	+15.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.76%	16.58%	-8.82%

Volatility

EGGY vs. WNTR - Volatility Comparison

NestYield Dynamic Income ETF (EGGY) has a higher volatility of 19.81% compared to YieldMax Short MSTR Option Income Strategy ETF (WNTR) at 18.80%. This indicates that EGGY's price experiences larger fluctuations and is considered to be riskier than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGGY	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.81%	18.80%	+1.01%
Volatility (6M) Calculated over the trailing 6-month period	31.14%	47.57%	-16.43%
Volatility (1Y) Calculated over the trailing 1-year period	35.32%	53.81%	-18.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.40%	53.62%	-21.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.40%	53.62%	-21.22%

EGGY vs. WNTR - Expense Ratio Comparison

EGGY has a 0.95% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

EGGY vs. WNTR - Dividend Comparison

EGGY's dividend yield for the trailing twelve months is around 28.79%, less than WNTR's 104.11% yield.

Position	TTM	2025
EGGY NestYield Dynamic Income ETF	28.79%	28.26%
WNTR YieldMax Short MSTR Option Income Strategy ETF	104.11%	58.56%

Frequently Asked Questions

Can I hold both EGGY and WNTR in my portfolio?

EGGY and WNTR have a correlation of -0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGGY or WNTR?

EGGY has higher volatility (19.81%) compared to WNTR (18.80%). In terms of maximum drawdown, EGGY dropped -18.34% vs WNTR's -42.65%.

Which ETF is better, EGGY or WNTR?

On 1-year performance, WNTR leads with 116.49% vs 34.27% for EGGY. On fees, EGGY is cheaper at 0.95% per year. On volatility, WNTR has been the lower-risk option at 18.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EGGY or WNTR?

Over the 1-year period, WNTR has performed better with a 116.49% return vs 34.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EGGY or WNTR?

EGGY is cheaper with a 0.95% expense ratio, compared with 1.01% for WNTR.

Which ETF pays a higher dividend yield, EGGY or WNTR?

WNTR has the higher dividend yield at 104.11%, compared with 28.79% for EGGY.

What is the main difference between EGGY and WNTR?

They also come from different issuers: NestYield and YieldMax. Their fees differ too: 0.95% for EGGY and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.06 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.