IWMW vs. MSTY
Compare and contrast key facts about iShares Russell 2000 BuyWrite ETF (IWMW) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).
IWMW and MSTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWMW is a passively managed fund by iShares that tracks the performance of the Cboe FTSE Russell IWM 2% OTM BuyWrite Index - Benchmark TR Gross. It was launched on Mar 14, 2024. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWMW or MSTY.
Correlation
The correlation between IWMW and MSTY is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IWMW vs. MSTY - Performance Comparison
Key characteristics
IWMW:
-0.19
MSTY:
1.27
IWMW:
-0.14
MSTY:
1.95
IWMW:
0.98
MSTY:
1.25
IWMW:
-0.17
MSTY:
2.43
IWMW:
-0.73
MSTY:
6.02
IWMW:
5.19%
MSTY:
16.49%
IWMW:
19.66%
MSTY:
78.21%
IWMW:
-21.82%
MSTY:
-40.82%
IWMW:
-16.11%
MSTY:
-21.72%
Returns By Period
In the year-to-date period, IWMW achieves a -11.44% return, which is significantly lower than MSTY's 8.02% return.
IWMW
-11.44%
-7.05%
-10.22%
-2.86%
N/A
N/A
MSTY
8.02%
12.12%
43.77%
109.20%
N/A
N/A
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IWMW vs. MSTY - Expense Ratio Comparison
IWMW has a 0.39% expense ratio, which is lower than MSTY's 0.99% expense ratio.
Risk-Adjusted Performance
IWMW vs. MSTY — Risk-Adjusted Performance Rank
IWMW
MSTY
IWMW vs. MSTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 BuyWrite ETF (IWMW) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.
Dividends
IWMW vs. MSTY - Dividend Comparison
IWMW's dividend yield for the trailing twelve months is around 23.87%, less than MSTY's 143.17% yield.
| TTM | 2024 | |
|---|---|---|
IWMW iShares Russell 2000 BuyWrite ETF | 23.87% | 17.73% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 143.17% | 104.56% |
Drawdowns
IWMW vs. MSTY - Drawdown Comparison
The maximum IWMW drawdown since its inception was -21.82%, smaller than the maximum MSTY drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for IWMW and MSTY. For additional features, visit the drawdowns tool.
Volatility
IWMW vs. MSTY - Volatility Comparison
The current volatility for iShares Russell 2000 BuyWrite ETF (IWMW) is 13.81%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 32.25%. This indicates that IWMW experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.