GXTG vs. WNTR

Last updated Jul 16, 2026

GXTG (Global X Thematic Growth ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - GXTG is a Global Equities fund tracking the Solactive Thematic Growth Index, while WNTR is a Derivative Income fund actively managed by YieldMax. GXTG is passively managed, while WNTR is actively managed. Over the past year, GXTG returned -3.84% vs 117.98% for WNTR. At a correlation of -0.48, they often move in opposite directions. GXTG charges 0.50%/yr vs 1.01%/yr for WNTR.

Performance

GXTG vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Thematic Growth ETF (GXTG) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXTG achieves a 1.37% return, which is significantly lower than WNTR's 6.35% return.

GXTG

• 1D: -0.33%
• 1M: -15.01%
• 6M: -5.31%
• YTD: 1.37%
• 1Y: -3.84%
• 3Y*: -4.34%
• 5Y*: -11.97%
• 10Y*: —

WNTR

• 1D: 0.37%
• 1M: 20.43%
• 6M: 21.18%
• YTD: 6.35%
• 1Y: 117.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXTG vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
GXTG Global X Thematic Growth ETF	1.37%	2.81%
WNTR YieldMax Short MSTR Option Income Strategy ETF	6.35%	52.78%

Correlation

The correlation between GXTG and WNTR is -0.49, 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 (1Y) Calculated over the trailing 1-year period	-0.49
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.48

Return for Risk

GXTG vs. WNTR — Risk / Return Rank

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

GXTG

GXTG Risk / Return Rank: 8
GXTG Sharpe Ratio Rank: 8
GXTG Sortino Ratio Rank: 8
GXTG Omega Ratio Rank: 8
GXTG Calmar Ratio Rank: 8
GXTG Martin Ratio Rank: 7

WNTR

WNTR Risk / Return Rank: 69
WNTR Sharpe Ratio Rank: 86
WNTR Sortino Ratio Rank: 66
WNTR Omega Ratio Rank: 70
WNTR Calmar Ratio Rank: 69
WNTR Martin Ratio Rank: 51

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.

GXTG vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Thematic Growth ETF (GXTG) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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.

	GXTG	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	-0.13	2.21	-2.34
Sortino ratio: Return per unit of downside risk	0.02	2.44	-2.42
Omega ratio: Gain probability vs. loss probability	1.00	1.33	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.16	2.78	-2.94
Martin ratio: Return relative to average drawdown	-0.34	7.13	-7.46

GXTG vs. WNTR - Sharpe Ratio Comparison

The current GXTG Sharpe Ratio is -0.13, which is lower than the WNTR Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of GXTG and WNTR, 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

GXTG vs. WNTR - Drawdown Comparison

The maximum GXTG drawdown since its inception was -67.81%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for GXTG and WNTR.

Drawdown Indicators

	GXTG	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-67.81%	-42.65%	-25.16%
Max Drawdown (1Y) Largest decline over 1 year	-24.65%	-42.65%	+18.00%
Max Drawdown (3Y) Largest decline over 3 years	-29.97%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-61.17%	—	—
Current Drawdown Current decline from peak	-59.93%	-13.23%	-46.70%
Average Drawdown Average peak-to-trough decline	-43.28%	-20.49%	-22.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.41%	16.62%	-5.21%

Volatility

GXTG vs. WNTR - Volatility Comparison

The current volatility for Global X Thematic Growth ETF (GXTG) is 10.44%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 18.90%. This indicates that GXTG experiences smaller price fluctuations and is considered to be less risky than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GXTG	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.44%	18.90%	-8.46%
Volatility (6M) Calculated over the trailing 6-month period	23.38%	47.35%	-23.97%
Volatility (1Y) Calculated over the trailing 1-year period	29.44%	53.75%	-24.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.38%	53.51%	-25.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.92%	53.51%	-23.59%

GXTG vs. WNTR - Expense Ratio Comparison

GXTG has a 0.50% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

GXTG vs. WNTR - Dividend Comparison

GXTG's dividend yield for the trailing twelve months is around 1.48%, less than WNTR's 105.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GXTG Global X Thematic Growth ETF	1.48%	1.40%	1.08%	1.99%	1.48%	1.56%	0.48%	0.31%
WNTR YieldMax Short MSTR Option Income Strategy ETF	105.78%	58.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GXTG and WNTR in my portfolio?

GXTG and WNTR have a correlation of -0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GXTG or WNTR?

WNTR has higher volatility (18.90%) compared to GXTG (10.44%). In terms of maximum drawdown, GXTG dropped -67.81% vs WNTR's -42.65%.

Which ETF is better, GXTG or WNTR?

On 1-year performance, WNTR leads with 117.98% vs -3.84% for GXTG. On fees, GXTG is cheaper at 0.50% per year. On volatility, GXTG has been the lower-risk option at 10.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GXTG or WNTR?

Over the 1-year period, WNTR has performed better with a 117.98% return vs -3.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GXTG or WNTR?

GXTG is cheaper with a 0.50% expense ratio, compared with 1.01% for WNTR.

Which ETF pays a higher dividend yield, GXTG or WNTR?

WNTR has the higher dividend yield at 105.78%, compared with 1.48% for GXTG.

What is the main difference between GXTG and WNTR?

GXTG is categorized as Global Equities, while WNTR is Derivative Income. They also come from different issuers: Global X and YieldMax. Their fees differ too: 0.50% for GXTG and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.21 vs -0.13), 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.