FIAT vs. WMTI
FIAT (YieldMax Short COIN Option Income Strategy ETF) and WMTI (REX WMT Growth & Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
FIAT vs. WMTI - Performance Comparison
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Returns By Period
In the year-to-date period, FIAT achieves a 13.84% return, which is significantly higher than WMTI's 2.10% return.
FIAT
- 1D
- 4.32%
- 1M
- 16.99%
- YTD
- 13.84%
- 6M
- 33.71%
- 1Y
- -0.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WMTI
- 1D
- 4.18%
- 1M
- -10.43%
- YTD
- 2.10%
- 6M
- -0.33%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FIAT vs. WMTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FIAT YieldMax Short COIN Option Income Strategy ETF | 13.84% | 25.44% |
WMTI REX WMT Growth & Income ETF | 2.10% | 9.78% |
Correlation
The correlation between FIAT and WMTI is 0.09, 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 (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.09 |
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Return for Risk
FIAT vs. WMTI — Risk / Return Rank
FIAT
WMTI
FIAT vs. WMTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Short COIN Option Income Strategy ETF (FIAT) and REX WMT Growth & Income ETF (WMTI). 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.
| FIAT | WMTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.05 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.00 | — | — |
| Martin ratioReturn relative to average drawdown | -0.01 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIAT | WMTI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.00 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.37 | 0.78 | -1.16 |
Drawdowns
FIAT vs. WMTI - Drawdown Comparison
The maximum FIAT drawdown since its inception was -70.50%, which is greater than WMTI's maximum drawdown of -17.24%. Use the drawdown chart below to compare losses from any high point for FIAT and WMTI.
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Drawdown Indicators
| FIAT | WMTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.50% | -17.24% | -53.26% |
Max Drawdown (1Y)Largest decline over 1 year | -42.26% | — | — |
Current DrawdownCurrent decline from peak | -50.94% | -13.78% | -37.16% |
Average DrawdownAverage peak-to-trough decline | -45.35% | -3.77% | -41.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.32% | — | — |
Volatility
FIAT vs. WMTI - Volatility Comparison
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Volatility by Period
| FIAT | WMTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.34% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 42.03% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 55.49% | 28.30% | +27.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.56% | 28.30% | +32.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.56% | 28.30% | +32.26% |
FIAT vs. WMTI - Expense Ratio Comparison
Both FIAT and WMTI have an expense ratio of 0.99%.
Dividends
FIAT vs. WMTI - Dividend Comparison
FIAT's dividend yield for the trailing twelve months is around 93.28%, more than WMTI's 21.32% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FIAT YieldMax Short COIN Option Income Strategy ETF | 93.28% | 178.11% | 70.99% |
WMTI REX WMT Growth & Income ETF | 21.32% | 3.36% | 0.00% |
Frequently Asked Questions
FIAT and WMTI have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FIAT and WMTI have the same expense ratio: 0.99% per year.
FIAT has the higher dividend yield at 93.28%, compared with 21.32% for WMTI.
They also come from different issuers: YieldMax and REX.
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