FIVY vs. CWII

Last updated Jun 25, 2026

FIVY (YieldMax Dorsey Wright Hybrid 5 Income ETF) and CWII (REX CRWV Growth & Income ETF) are both Derivative Income funds. FIVY is passively managed, while CWII is actively managed. At a 0.47 correlation, their price movements are largely independent. FIVY charges 0.88%/yr vs 1.03%/yr for CWII.

Performance

FIVY vs. CWII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) and REX CRWV Growth & Income ETF (CWII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIVY achieves a -6.12% return, which is significantly lower than CWII's 13,199.78% return.

FIVY

• 1D: 0.00%
• 1M: -1.85%
• YTD: -6.12%
• 6M: -8.33%
• 1Y: -8.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CWII

• 1D: 0.00%
• 1M: 10,273.16%
• YTD: 13,199.78%
• 6M: 12,082.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FIVY vs. CWII - Yearly Performance Comparison

	2026 (YTD)	2025
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF	-6.12%	-11.58%
CWII REX CRWV Growth & Income ETF	13,199.78%	-45.06%

Correlation

The correlation between FIVY and CWII is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.47

Return for Risk

FIVY vs. CWII — Risk / Return Rank

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

FIVY

FIVY Risk / Return Rank: 7
FIVY Sharpe Ratio Rank: 6
FIVY Sortino Ratio Rank: 7
FIVY Omega Ratio Rank: 7
FIVY Calmar Ratio Rank: 7
FIVY Martin Ratio Rank: 7

CWII

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

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.

FIVY vs. CWII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) and REX CRWV Growth & Income ETF (CWII). 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.

	FIVY	CWII	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	—	—
Sortino ratio: Return per unit of downside risk	-0.18	—	—
Omega ratio: Gain probability vs. loss probability	0.98	—	—
Calmar ratio: Return relative to maximum drawdown	-0.27	—	—
Martin ratio: Return relative to average drawdown	-0.53	—	—

Drawdowns

FIVY vs. CWII - Drawdown Comparison

The maximum FIVY drawdown since its inception was -32.77%, smaller than the maximum CWII drawdown of -51.04%. Use the drawdown chart below to compare losses from any high point for FIVY and CWII.

Drawdown Indicators

	FIVY	CWII	Difference
Max Drawdown Largest peak-to-trough decline	-32.77%	-51.04%	+18.27%
Max Drawdown (1Y) Largest decline over 1 year	-32.77%	—	—
Current Drawdown Current decline from peak	-19.89%	0.00%	-19.89%
Average Drawdown Average peak-to-trough decline	-13.67%	-33.26%	+19.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.60%	—	—

Volatility

Volatility by Period

	FIVY	CWII	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.19%	13,701.30%	-13,670.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.82%	13,701.30%	-13,668.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.82%	13,701.30%	-13,668.48%

FIVY vs. CWII - Expense Ratio Comparison

FIVY has a 0.88% expense ratio, which is lower than CWII's 1.03% expense ratio.

Dividends

FIVY vs. CWII - Dividend Comparison

FIVY's dividend yield for the trailing twelve months is around 47.61%, less than CWII's 123.26% yield.

Position	TTM	2025
CWII REX CRWV Growth & Income ETF	123.26%	6.09%
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF	47.61%	46.51%

Frequently Asked Questions

Can I hold both FIVY and CWII in my portfolio?

FIVY and CWII have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FIVY or CWII?

On fees, FIVY is cheaper at 0.88% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FIVY or CWII?

FIVY is cheaper with a 0.88% expense ratio, compared with 1.03% for CWII.

Which ETF pays a higher dividend yield, FIVY or CWII?

CWII has the higher dividend yield at 123.26%, compared with 47.61% for FIVY.

What is the main difference between FIVY and CWII?

They also come from different issuers: YieldMax and REX Shares. Their fees differ too: 0.88% for FIVY and 1.03% for CWII.