INTW vs. TYLD

Last updated Jun 24, 2026

INTW (GraniteShares 2x Long INTC Daily ETF) and TYLD (Cambria Tactical Yield ETF) are both exchange-traded funds - INTW is a Leveraged Equities fund actively managed by GraniteShares, while TYLD is a fund fund actively managed by Cambria. Both are actively managed. Over the past year, INTW returned 1964.55% vs 3.96% for TYLD. At a correlation of -0.06, they often move in opposite directions. INTW charges 1.50%/yr vs 0.59%/yr for TYLD.

Performance

INTW vs. TYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long INTC Daily ETF (INTW) and Cambria Tactical Yield ETF (TYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INTW achieves a 750.22% return, which is significantly higher than TYLD's 1.68% return.

INTW

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

TYLD

• 1D: 0.00%
• 1M: 0.28%
• YTD: 1.68%
• 6M: 1.78%
• 1Y: 3.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

INTW vs. TYLD - Yearly Performance Comparison

	2026 (YTD)	2025
INTW GraniteShares 2x Long INTC Daily ETF	750.22%	60.89%
TYLD Cambria Tactical Yield ETF	1.68%	3.58%

Correlation

The correlation between INTW and TYLD is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	-0.06

Return for Risk

INTW vs. TYLD — Risk / Return Rank

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

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

TYLD

TYLD Risk / Return Rank: 99
TYLD Sharpe Ratio Rank: 98
TYLD Sortino Ratio Rank: 99
TYLD Omega Ratio Rank: 99
TYLD Calmar Ratio Rank: 99
TYLD 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.

INTW vs. TYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long INTC Daily ETF (INTW) and Cambria Tactical Yield ETF (TYLD). 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.

	INTW	TYLD	Difference
Sharpe ratio: Return per unit of total volatility	13.25	5.41	+7.84
Sortino ratio: Return per unit of downside risk	5.13	11.03	-5.89
Omega ratio: Gain probability vs. loss probability	1.65	2.59	-0.94
Calmar ratio: Return relative to maximum drawdown	40.32	33.51	+6.82
Martin ratio: Return relative to average drawdown	91.49	124.34	-32.85

INTW vs. TYLD - Sharpe Ratio Comparison

The current INTW Sharpe Ratio is 13.25, which is higher than the TYLD Sharpe Ratio of 5.41. The chart below compares the historical Sharpe Ratios of INTW and TYLD, 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

INTW vs. TYLD - Drawdown Comparison

The maximum INTW drawdown since its inception was -60.58%, which is greater than TYLD's maximum drawdown of -1.06%. Use the drawdown chart below to compare losses from any high point for INTW and TYLD.

Drawdown Indicators

	INTW	TYLD	Difference
Max Drawdown Largest peak-to-trough decline	-60.58%	-1.06%	-59.52%
Max Drawdown (1Y) Largest decline over 1 year	-49.34%	-0.12%	-49.22%
Current Drawdown Current decline from peak	-12.49%	0.00%	-12.49%
Average Drawdown Average peak-to-trough decline	-29.66%	-0.10%	-29.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.70%	0.03%	+21.67%

Volatility

INTW vs. TYLD - Volatility Comparison

GraniteShares 2x Long INTC Daily ETF (INTW) has a higher volatility of 55.81% compared to Cambria Tactical Yield ETF (TYLD) at 0.15%. This indicates that INTW's price experiences larger fluctuations and is considered to be riskier than TYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INTW	TYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	55.81%	0.15%	+55.66%
Volatility (6M) Calculated over the trailing 6-month period	119.10%	0.54%	+118.56%
Volatility (1Y) Calculated over the trailing 1-year period	150.14%	0.74%	+149.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	148.88%	1.75%	+147.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	148.88%	1.75%	+147.13%

INTW vs. TYLD - Expense Ratio Comparison

INTW has a 1.50% expense ratio, which is higher than TYLD's 0.59% expense ratio.

Dividends

INTW vs. TYLD - Dividend Comparison

INTW has not paid dividends to shareholders, while TYLD's dividend yield for the trailing twelve months is around 3.74%.

Position	TTM	2025	2024
INTW GraniteShares 2x Long INTC Daily ETF	0.00%	0.00%	0.00%
TYLD Cambria Tactical Yield ETF	3.74%	4.38%	4.24%

Frequently Asked Questions

Can I hold both INTW and TYLD in my portfolio?

INTW and TYLD have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INTW or TYLD?

INTW has higher volatility (55.81%) compared to TYLD (0.15%). In terms of maximum drawdown, INTW dropped -60.58% vs TYLD's -1.06%.

Which ETF is better, INTW or TYLD?

On 1-year performance, INTW leads with 1964.55% vs 3.96% for TYLD. On fees, TYLD is cheaper at 0.59% per year. On volatility, TYLD has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INTW or TYLD?

Over the 1-year period, INTW has performed better with a 1964.55% return vs 3.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INTW or TYLD?

TYLD is cheaper with a 0.59% expense ratio, compared with 1.50% for INTW.

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

TYLD has the higher dividend yield at 3.74%, compared with 0.00% for INTW.

What is the main difference between INTW and TYLD?

They also come from different issuers: GraniteShares and Cambria. Their fees differ too: 1.50% for INTW and 0.59% for TYLD.

Which has better risk-adjusted returns?

INTW currently has the higher Sharpe Ratio (13.25 vs 5.41), 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.