FLYU vs. INTW

Last updated Jun 24, 2026

FLYU (MicroSectors Travel 3X Leveraged ETNs) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. FLYU is passively managed, while INTW is actively managed. Over the past year, FLYU returned 12.48% vs 1964.55% for INTW. At a 0.33 correlation, their price movements are largely independent. FLYU charges 0.95%/yr vs 1.50%/yr for INTW.

Performance

FLYU vs. INTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Travel 3X Leveraged ETNs (FLYU) and GraniteShares 2x Long INTC Daily ETF (INTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLYU achieves a -11.61% return, which is significantly lower than INTW's 750.22% return.

FLYU

• 1D: 0.24%
• 1M: 23.11%
• YTD: -11.61%
• 6M: -15.72%
• 1Y: 12.48%
• 3Y*: 9.36%
• 5Y*: —
• 10Y*: —

INTW

• 1D: -12.49%
• 1M: 12.21%
• YTD: 750.22%
• 6M: 775.58%
• 1Y: 1,964.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLYU vs. INTW - Yearly Performance Comparison

	2026 (YTD)	2025
FLYU MicroSectors Travel 3X Leveraged ETNs	-11.61%	-14.45%
INTW GraniteShares 2x Long INTC Daily ETF	750.22%	60.89%

Correlation

The correlation between FLYU and INTW is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.33

FLYU vs. INTW - Sectors Allocation Comparison

Sectors	FLYU	INTW
Consumer Cyclical	52.6%	-
Industrials	17.7%	-
Technology	16.4%	66.7%
Communication Services	13.2%	-
Real Estate	0.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Utilities	-	-

Return for Risk

FLYU vs. INTW — Risk / Return Rank

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

FLYU

FLYU Risk / Return Rank: 13
FLYU Sharpe Ratio Rank: 11
FLYU Sortino Ratio Rank: 16
FLYU Omega Ratio Rank: 15
FLYU Calmar Ratio Rank: 11
FLYU Martin Ratio Rank: 11

INTW

INTW Risk / Return Rank: 98
INTW Sharpe Ratio Rank: 100
INTW Sortino Ratio Rank: 96
INTW Omega Ratio Rank: 94
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 99

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.

FLYU vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Travel 3X Leveraged ETNs (FLYU) and GraniteShares 2x Long INTC Daily ETF (INTW). 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.

	FLYU	INTW	Difference
Sharpe ratio: Return per unit of total volatility	0.17	13.25	-13.08
Sortino ratio: Return per unit of downside risk	0.81	5.13	-4.33
Omega ratio: Gain probability vs. loss probability	1.09	1.65	-0.56
Calmar ratio: Return relative to maximum drawdown	0.24	40.32	-40.08
Martin ratio: Return relative to average drawdown	0.50	91.49	-91.00

FLYU vs. INTW - Sharpe Ratio Comparison

The current FLYU Sharpe Ratio is 0.17, which is lower than the INTW Sharpe Ratio of 13.25. The chart below compares the historical Sharpe Ratios of FLYU and INTW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FLYU vs. INTW - Drawdown Comparison

The maximum FLYU drawdown since its inception was -69.00%, which is greater than INTW's maximum drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for FLYU and INTW.

Drawdown Indicators

	FLYU	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-69.00%	-60.58%	-8.42%
Max Drawdown (1Y) Largest decline over 1 year	-52.33%	-49.34%	-2.99%
Max Drawdown (3Y) Largest decline over 3 years	-69.00%	—	—
Current Drawdown Current decline from peak	-29.88%	-12.49%	-17.39%
Average Drawdown Average peak-to-trough decline	-26.54%	-29.66%	+3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.27%	21.70%	+3.57%

Volatility

FLYU vs. INTW - Volatility Comparison

The current volatility for MicroSectors Travel 3X Leveraged ETNs (FLYU) is 23.63%, while GraniteShares 2x Long INTC Daily ETF (INTW) has a volatility of 55.81%. This indicates that FLYU experiences smaller price fluctuations and is considered to be less risky than INTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLYU	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.63%	55.81%	-32.18%
Volatility (6M) Calculated over the trailing 6-month period	60.01%	119.10%	-59.09%
Volatility (1Y) Calculated over the trailing 1-year period	74.93%	150.14%	-75.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.22%	148.88%	-65.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.22%	148.88%	-65.66%

FLYU vs. INTW - Expense Ratio Comparison

FLYU has a 0.95% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

FLYU vs. INTW - Dividend Comparison

Neither FLYU nor INTW has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FLYU and INTW in my portfolio?

FLYU and INTW have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLYU or INTW?

INTW has higher volatility (55.81%) compared to FLYU (23.63%). In terms of maximum drawdown, FLYU dropped -69.00% vs INTW's -60.58%.

Which ETF is better, FLYU or INTW?

On 1-year performance, INTW leads with 1964.55% vs 12.48% for FLYU. On fees, FLYU is cheaper at 0.95% per year. On volatility, FLYU has been the lower-risk option at 23.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLYU or INTW?

Over the 1-year period, INTW has performed better with a 1964.55% return vs 12.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLYU or INTW?

FLYU is cheaper with a 0.95% expense ratio, compared with 1.50% for INTW.

Which ETF pays a higher dividend yield, FLYU or INTW?

FLYU and INTW have nearly identical dividend yields, around 0.00%.

What is the main difference between FLYU and INTW?

They also come from different issuers: REX and GraniteShares. Their fees differ too: 0.95% for FLYU and 1.50% for INTW.

Which has better risk-adjusted returns?

INTW currently has the higher Sharpe Ratio (13.25 vs 0.17), 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.