GIF vs. USOY

Last updated Jun 6, 2026

GIF (REX Growth & Income Universe ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.45, they often move in opposite directions. GIF charges 0.99%/yr vs 1.22%/yr for USOY.

Performance

GIF vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Growth & Income Universe ETF (GIF) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GIF

• 1D: -5.24%
• 1M: -9.43%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: -1.67%
• 1M: 1.06%
• YTD: 56.61%
• 6M: 52.27%
• 1Y: 51.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GIF vs. USOY - Yearly Performance Comparison

	2026 (YTD)
GIF REX Growth & Income Universe ETF	-0.71%
USOY Defiance Oil Enhanced Options Income ETF	34.00%

Correlation

The correlation between GIF and USOY is -0.45, 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 (All Time) Calculated using the full available price history since Feb 27, 2026	-0.45

Return for Risk

GIF vs. USOY — Risk / Return Rank

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

USOY

USOY Risk / Return Rank: 53
USOY Sharpe Ratio Rank: 51
USOY Sortino Ratio Rank: 44
USOY Omega Ratio Rank: 53
USOY Calmar Ratio Rank: 75
USOY Martin Ratio Rank: 44

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.

GIF vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Growth & Income Universe ETF (GIF) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

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

Sharpe Ratios by Period

	GIF	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.91	-0.98

Drawdowns

GIF vs. USOY - Drawdown Comparison

The maximum GIF drawdown since its inception was -12.61%, smaller than the maximum USOY drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for GIF and USOY.

Drawdown Indicators

	GIF	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-12.61%	-17.46%	+4.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.29%	—
Current Drawdown Current decline from peak	-11.67%	-8.37%	-3.30%
Average Drawdown Average peak-to-trough decline	-3.73%	-6.47%	+2.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.45%	—

Volatility

Volatility by Period

	GIF	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	36.85%	30.56%	+6.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.85%	26.14%	+10.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.85%	26.14%	+10.71%

GIF vs. USOY - Expense Ratio Comparison

GIF has a 0.99% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

GIF vs. USOY - Dividend Comparison

GIF's dividend yield for the trailing twelve months is around 9.40%, less than USOY's 57.61% yield.

Position	TTM	2025	2024
GIF REX Growth & Income Universe ETF	9.40%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	57.61%	104.32%	48.60%

Frequently Asked Questions

Can I hold both GIF and USOY in my portfolio?

GIF and USOY have a correlation of -0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GIF or USOY?

On fees, GIF is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GIF or USOY?

GIF is cheaper with a 0.99% expense ratio, compared with 1.22% for USOY.

Which ETF pays a higher dividend yield, GIF or USOY?

USOY has the higher dividend yield at 57.61%, compared with 9.40% for GIF.

What is the main difference between GIF and USOY?

They also come from different issuers: REX and Defiance. Their fees differ too: 0.99% for GIF and 1.22% for USOY.