ENFR vs. IWMY
ENFR (Alerian Energy Infrastructure ETF) and IWMY (Defiance R2000 Enhanced Options & 0DTE Income ETF) are both exchange-traded funds - ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index, while IWMY is a Options Trading fund tracking the Russell 2000 Index. Both are passively managed. Over the past year, ENFR returned 26.50% vs 21.26% for IWMY. At a 0.29 correlation, their price movements are largely independent. ENFR charges 0.35%/yr vs 0.99%/yr for IWMY.
Performance
ENFR vs. IWMY - Performance Comparison
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Returns By Period
In the year-to-date period, ENFR achieves a 25.97% return, which is significantly higher than IWMY's 13.70% return.
ENFR
- 1D
- 0.73%
- 1M
- 0.52%
- YTD
- 25.97%
- 6M
- 26.39%
- 1Y
- 26.50%
- 3Y*
- 28.39%
- 5Y*
- 19.43%
- 10Y*
- 12.28%
IWMY
- 1D
- 0.68%
- 1M
- 2.79%
- YTD
- 13.70%
- 6M
- 10.66%
- 1Y
- 21.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENFR vs. IWMY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 25.97% | 5.88% | 42.17% | 7.03% |
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF | 13.70% | 10.18% | 5.56% | 10.06% |
Correlation
The correlation between ENFR and IWMY is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2023 | 0.29 |
The correlation between ENFR and IWMY shifts across timeframes, from -0.03 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ENFR vs. IWMY — Risk / Return Rank
ENFR
IWMY
ENFR vs. IWMY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alerian Energy Infrastructure ETF (ENFR) and Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY). 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.
| ENFR | IWMY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.23 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.08 | 1.85 | +1.23 |
| Martin ratioReturn relative to average drawdown | 8.18 | 6.03 | +2.15 |
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Drawdowns
ENFR vs. IWMY - Drawdown Comparison
The maximum ENFR drawdown since its inception was -68.28%, which is greater than IWMY's maximum drawdown of -18.72%. Use the drawdown chart below to compare losses from any high point for ENFR and IWMY.
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Drawdown Indicators
| ENFR | IWMY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.28% | -18.72% | -49.56% |
Max Drawdown (1Y)Largest decline over 1 year | -8.64% | -11.57% | +2.93% |
Max Drawdown (3Y)Largest decline over 3 years | -15.58% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -62.64% | — | — |
Current DrawdownCurrent decline from peak | -3.91% | -0.12% | -3.79% |
Average DrawdownAverage peak-to-trough decline | -15.95% | -2.96% | -12.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 3.54% | -0.29% |
Volatility
ENFR vs. IWMY - Volatility Comparison
The current volatility for Alerian Energy Infrastructure ETF (ENFR) is 5.63%, while Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) has a volatility of 6.80%. This indicates that ENFR experiences smaller price fluctuations and is considered to be less risky than IWMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENFR | IWMY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 6.80% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 11.48% | 13.47% | -1.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.66% | 16.36% | -1.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.30% | 15.94% | +3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.67% | 15.94% | +8.73% |
ENFR vs. IWMY - Expense Ratio Comparison
ENFR has a 0.35% expense ratio, which is lower than IWMY's 0.99% expense ratio.
Dividends
ENFR vs. IWMY - Dividend Comparison
ENFR's dividend yield for the trailing twelve months is around 3.98%, less than IWMY's 44.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 3.98% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF | 44.61% | 63.33% | 107.92% | 11.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ENFR and IWMY have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWMY has higher volatility (6.80%) compared to ENFR (5.63%). In terms of maximum drawdown, ENFR dropped -68.28% vs IWMY's -18.72%.
On 1-year performance, ENFR leads with 26.50% vs 21.26% for IWMY. On fees, ENFR is cheaper at 0.35% per year. On volatility, ENFR has been the lower-risk option at 5.63%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ENFR has performed better with a 26.50% return vs 21.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ENFR is cheaper with a 0.35% expense ratio, compared with 0.99% for IWMY.
IWMY has the higher dividend yield at 44.61%, compared with 3.98% for ENFR.
ENFR is categorized as Energy Equities, while IWMY is Options Trading. ENFR tracks Alerian Midstream Energy Select Index, while IWMY tracks Russell 2000 Index. They also come from different issuers: SS&C and Defiance. Their fees differ too: 0.35% for ENFR and 0.99% for IWMY.
ENFR currently has the higher Sharpe Ratio (1.82 vs 1.31), 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.
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