IWMY vs. C
IWMY (Defiance R2000 Enhanced Options & 0DTE Income ETF) is Options Trading fund tracking the Russell 2000 Index, while C (Citigroup Inc.) is a stock. Over the past year, IWMY returned 21.26% vs 82.79% for C. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
IWMY vs. C - Performance Comparison
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Returns By Period
In the year-to-date period, IWMY achieves a 13.70% return, which is significantly lower than C's 21.02% return.
IWMY
- 1D
- 0.68%
- 1M
- 2.79%
- YTD
- 13.70%
- 6M
- 10.66%
- 1Y
- 21.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
C
- 1D
- 1.27%
- 1M
- 12.68%
- YTD
- 21.02%
- 6M
- 26.32%
- 1Y
- 82.79%
- 3Y*
- 46.87%
- 5Y*
- 16.80%
- 10Y*
- 16.22%
IWMY vs. C - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF | 13.70% | 10.18% | 5.56% | 10.06% |
C Citigroup Inc. | 21.02% | 70.38% | 41.93% | 33.85% |
Correlation
The correlation between IWMY and C is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2023 | 0.57 |
The correlation between IWMY and C has been stable across timeframes, ranging from 0.56 to 0.57 - a consistent structural relationship.
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Return for Risk
IWMY vs. C — Risk / Return Rank
IWMY
C
IWMY vs. C - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and Citigroup Inc. (C). 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.
| IWMY | C | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.45 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 5.64 | -3.79 |
| Martin ratioReturn relative to average drawdown | 6.03 | 16.25 | -10.22 |
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Drawdowns
IWMY vs. C - Drawdown Comparison
The maximum IWMY drawdown since its inception was -18.72%, smaller than the maximum C drawdown of -98.00%. Use the drawdown chart below to compare losses from any high point for IWMY and C.
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Drawdown Indicators
| IWMY | C | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.72% | -98.00% | +79.28% |
Max Drawdown (1Y)Largest decline over 1 year | -11.57% | -14.76% | +3.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -31.31% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.51% | — |
Current DrawdownCurrent decline from peak | -0.12% | -62.68% | +62.56% |
Average DrawdownAverage peak-to-trough decline | -2.96% | -43.51% | +40.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 5.12% | -1.58% |
Volatility
IWMY vs. C - Volatility Comparison
The current volatility for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) is 6.80%, while Citigroup Inc. (C) has a volatility of 8.30%. This indicates that IWMY experiences smaller price fluctuations and is considered to be less risky than C based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWMY | C | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.80% | 8.30% | -1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 13.47% | 23.09% | -9.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.36% | 28.37% | -12.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.94% | 29.20% | -13.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.94% | 33.23% | -17.29% |
Dividends
IWMY vs. C - Dividend Comparison
IWMY's dividend yield for the trailing twelve months is around 44.61%, more than C's 1.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
C Citigroup Inc. | 1.72% | 1.99% | 3.10% | 4.04% | 4.51% | 3.38% | 3.31% | 2.40% | 2.96% | 1.29% | 0.71% | 0.31% |
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF | 44.61% | 63.33% | 107.92% | 11.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IWMY and C have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
C has higher volatility (8.30%) compared to IWMY (6.80%). In terms of maximum drawdown, IWMY dropped -18.72% vs C's -98.00%.
C currently has the higher Sharpe Ratio (2.93 vs 1.31), 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.
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