HEMI vs. CWII

Last updated Jul 17, 2026

HEMI (Hartford Equity Premium Income ETF) and CWII (REX CRWV Growth & Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. HEMI charges 0.49%/yr vs 1.03%/yr for CWII.

Performance

HEMI vs. CWII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Equity Premium Income ETF (HEMI) and REX CRWV Growth & Income ETF (CWII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HEMI

• 1D: -0.93%
• 1M: 1.04%
• 6M: 7.24%
• YTD: 8.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CWII

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

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

HEMI vs. CWII - Yearly Performance Comparison

	2026 (YTD)	2025
HEMI Hartford Equity Premium Income ETF	8.81%	0.75%
CWII REX CRWV Growth & Income ETF	13,199.78%	0.91%

Correlation

The correlation between HEMI and CWII is 0.39, 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 Dec 17, 2025	0.39

Return for Risk

HEMI vs. CWII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Equity Premium Income ETF (HEMI) 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.

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

Drawdowns

Drawdown Indicators

	HEMI	CWII	Difference
Max Drawdown Largest peak-to-trough decline	-7.80%	—	—
Current Drawdown Current decline from peak	-0.93%	—	—
Average Drawdown Average peak-to-trough decline	-1.31%	—	—

Volatility

Volatility by Period

	HEMI	CWII	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.29%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.29%	—	—

HEMI vs. CWII - Expense Ratio Comparison

HEMI has a 0.49% expense ratio, which is lower than CWII's 1.03% expense ratio.

Dividends

HEMI vs. CWII - Dividend Comparison

HEMI's dividend yield for the trailing twelve months is around 4.27%, while CWII has not paid dividends to shareholders.

Position	TTM	2025
CWII REX CRWV Growth & Income ETF	123.26%	6.09%
HEMI Hartford Equity Premium Income ETF	4.27%	0.00%

Frequently Asked Questions

Can I hold both HEMI and CWII in my portfolio?

HEMI and CWII have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HEMI or CWII?

On fees, HEMI is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HEMI or CWII?

HEMI is cheaper with a 0.49% expense ratio, compared with 1.03% for CWII.

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

CWII has the higher dividend yield at 123.26%, compared with 4.27% for HEMI.

What is the main difference between HEMI and CWII?

They also come from different issuers: Hartford Funds and REX Shares. Their fees differ too: 0.49% for HEMI and 1.03% for CWII.