FITZ vs. IWLG

Last updated Jun 19, 2026

FITZ (Fitz-Gerald Must Have Portfolio ETF) and IWLG (NYLI Winslow Large Cap Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.84 suggests significant overlap in exposure. FITZ charges 0.75%/yr vs 0.50%/yr for IWLG.

Performance

FITZ vs. IWLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fitz-Gerald Must Have Portfolio ETF (FITZ) and NYLI Winslow Large Cap Growth ETF (IWLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FITZ

• 1D: 0.21%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IWLG

• 1D: 1.67%
• 1M: 4.09%
• YTD: 5.46%
• 6M: 6.98%
• 1Y: 16.20%
• 3Y*: 22.38%
• 5Y*: —
• 10Y*: —

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

FITZ vs. IWLG - Yearly Performance Comparison

	2026 (YTD)
FITZ Fitz-Gerald Must Have Portfolio ETF	-3.48%
IWLG NYLI Winslow Large Cap Growth ETF	0.98%

Correlation

The correlation between FITZ and IWLG is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.84

Return for Risk

FITZ vs. IWLG — Risk / Return Rank

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

FITZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IWLG

IWLG Risk / Return Rank: 24
IWLG Sharpe Ratio Rank: 27
IWLG Sortino Ratio Rank: 25
IWLG Omega Ratio Rank: 25
IWLG Calmar Ratio Rank: 19
IWLG Martin Ratio Rank: 21

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.

FITZ vs. IWLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fitz-Gerald Must Have Portfolio ETF (FITZ) and NYLI Winslow Large Cap Growth ETF (IWLG). 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.

	FITZ	IWLG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.93	—
Sortino ratio: Return per unit of downside risk	—	1.35	—
Omega ratio: Gain probability vs. loss probability	—	1.17	—
Calmar ratio: Return relative to maximum drawdown	—	0.84	—
Martin ratio: Return relative to average drawdown	—	2.52	—

Drawdowns

FITZ vs. IWLG - Drawdown Comparison

The maximum FITZ drawdown since its inception was -6.62%, smaller than the maximum IWLG drawdown of -23.19%. Use the drawdown chart below to compare losses from any high point for FITZ and IWLG.

Drawdown Indicators

	FITZ	IWLG	Difference
Max Drawdown Largest peak-to-trough decline	-6.62%	-23.19%	+16.57%
Max Drawdown (1Y) Largest decline over 1 year	—	-19.45%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.19%	—
Current Drawdown Current decline from peak	-4.84%	-1.52%	-3.32%
Average Drawdown Average peak-to-trough decline	-3.40%	-4.56%	+1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.45%	—

Volatility

Volatility by Period

	FITZ	IWLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.67%	17.41%	+1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.67%	21.10%	-2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.67%	21.10%	-2.43%

FITZ vs. IWLG - Expense Ratio Comparison

FITZ has a 0.75% expense ratio, which is higher than IWLG's 0.50% expense ratio.

Dividends

FITZ vs. IWLG - Dividend Comparison

Neither FITZ nor IWLG has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
FITZ Fitz-Gerald Must Have Portfolio ETF	0.00%	0.00%	0.00%	0.00%	0.00%
IWLG NYLI Winslow Large Cap Growth ETF	0.00%	0.00%	1.34%	0.01%	0.05%

Frequently Asked Questions

Can I hold both FITZ and IWLG in my portfolio?

FITZ and IWLG have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FITZ or IWLG?

On fees, IWLG is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FITZ or IWLG?

IWLG is cheaper with a 0.50% expense ratio, compared with 0.75% for FITZ.

Which ETF pays a higher dividend yield, FITZ or IWLG?

FITZ and IWLG have nearly identical dividend yields, around 0.00%.

What is the main difference between FITZ and IWLG?

They also come from different issuers: Nicholas and NYLI. Their fees differ too: 0.75% for FITZ and 0.50% for IWLG.