EWU vs. WNTR
EWU (iShares MSCI United Kingdom ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - EWU is a Europe Equities fund tracking the MSCI United Kingdom Index, while WNTR is a Derivative Income fund actively managed by YieldMax. EWU is passively managed, while WNTR is actively managed. Over the past year, EWU returned 19.24% vs 97.02% for WNTR. At a correlation of -0.26, they often move in opposite directions. EWU charges 0.50%/yr vs 1.01%/yr for WNTR.
Performance
EWU vs. WNTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EWU achieves a 4.82% return, which is significantly lower than WNTR's 10.46% return.
EWU
- 1D
- -0.26%
- 1M
- -2.10%
- YTD
- 4.82%
- 6M
- 4.59%
- 1Y
- 19.24%
- 3Y*
- 16.85%
- 5Y*
- 10.69%
- 10Y*
- 8.60%
WNTR
- 1D
- 6.01%
- 1M
- 37.47%
- YTD
- 10.46%
- 6M
- 14.06%
- 1Y
- 97.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EWU vs. WNTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EWU iShares MSCI United Kingdom ETF | 4.82% | 21.96% |
WNTR YieldMax Short MSTR Option Income Strategy ETF | 10.46% | 52.78% |
Correlation
The correlation between EWU and WNTR is -0.24, 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 | -0.24 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025 | -0.26 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EWU vs. WNTR — Risk / Return Rank
EWU
WNTR
EWU vs. WNTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI United Kingdom ETF (EWU) 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.
| EWU | WNTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 2.29 | -0.34 |
| Martin ratioReturn relative to average drawdown | 6.62 | 5.85 | +0.77 |
Loading charts...
Drawdowns
EWU vs. WNTR - Drawdown Comparison
The maximum EWU drawdown since its inception was -63.99%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for EWU and WNTR.
Loading charts...
Drawdown Indicators
| EWU | WNTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.99% | -42.65% | -21.34% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -42.65% | +32.73% |
Max Drawdown (3Y)Largest decline over 3 years | -12.63% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.91% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.33% | — | — |
Current DrawdownCurrent decline from peak | -5.30% | -9.88% | +4.58% |
Average DrawdownAverage peak-to-trough decline | -14.14% | -20.93% | +6.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 16.70% | -13.79% |
Volatility
EWU vs. WNTR - Volatility Comparison
The current volatility for iShares MSCI United Kingdom ETF (EWU) is 4.02%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 17.54%. This indicates that EWU experiences smaller price fluctuations and is considered to be less risky than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EWU | WNTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.02% | 17.54% | -13.52% |
Volatility (6M)Calculated over the trailing 6-month period | 12.56% | 45.99% | -33.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.68% | 52.83% | -38.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.43% | 53.10% | -36.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.35% | 53.10% | -34.75% |
EWU vs. WNTR - Expense Ratio Comparison
EWU has a 0.50% expense ratio, which is lower than WNTR's 1.01% expense ratio.
Dividends
EWU vs. WNTR - Dividend Comparison
EWU's dividend yield for the trailing twelve months is around 3.29%, less than WNTR's 96.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWU iShares MSCI United Kingdom ETF | 3.29% | 3.73% | 4.16% | 4.14% | 3.43% | 4.35% | 2.48% | 4.13% | 4.98% | 3.91% | 3.97% | 4.11% |
WNTR YieldMax Short MSTR Option Income Strategy ETF | 96.66% | 58.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EWU and WNTR have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WNTR has higher volatility (17.54%) compared to EWU (4.02%). In terms of maximum drawdown, EWU dropped -63.99% vs WNTR's -42.65%.
On 1-year performance, WNTR leads with 97.02% vs 19.24% for EWU. On fees, EWU is cheaper at 0.50% per year. On volatility, EWU has been the lower-risk option at 4.02%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, WNTR has performed better with a 97.02% return vs 19.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EWU is cheaper with a 0.50% expense ratio, compared with 1.01% for WNTR.
WNTR has the higher dividend yield at 96.66%, compared with 3.29% for EWU.
EWU is categorized as Europe Equities, while WNTR is Derivative Income. They also come from different issuers: iShares and YieldMax. Their fees differ too: 0.50% for EWU and 1.01% for WNTR.
WNTR currently has the higher Sharpe Ratio (1.85 vs 1.32), 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.
Find the right allocation for EWU and WNTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer