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IWMY vs. QQQY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IWMY and QQQY is 0.62, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

IWMY vs. QQQY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). The values are adjusted to include any dividend payments, if applicable.

0.00%5,000,000.00%10,000,000.00%15,000,000.00%20,000,000.00%25,000,000.00%NovemberDecember2025FebruaryMarchApril
23,309,900.00%
3.85%
IWMY
QQQY

Key characteristics

Sharpe Ratio

IWMY:

-0.36

QQQY:

-0.59

Sortino Ratio

IWMY:

-0.35

QQQY:

-0.62

Omega Ratio

IWMY:

0.95

QQQY:

0.91

Calmar Ratio

IWMY:

-0.35

QQQY:

-0.53

Martin Ratio

IWMY:

-1.63

QQQY:

-2.17

Ulcer Index

IWMY:

3.51%

QQQY:

4.52%

Daily Std Dev

IWMY:

15.79%

QQQY:

16.52%

Max Drawdown

IWMY:

-16.13%

QQQY:

-18.46%

Current Drawdown

IWMY:

-16.13%

QQQY:

-18.46%

Returns By Period

In the year-to-date period, IWMY achieves a -11.13% return, which is significantly higher than QQQY's -14.28% return.


IWMY

YTD

-11.13%

1M

-10.75%

6M

-13.06%

1Y

-5.20%

5Y*

N/A

10Y*

N/A

QQQY

YTD

-14.28%

1M

-12.97%

6M

-15.26%

1Y

-8.74%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IWMY vs. QQQY - Expense Ratio Comparison

Both IWMY and QQQY have an expense ratio of 0.99%.


IWMY
Defiance R2000 Enhanced Options & 0DTE Income ETF
Expense ratio chart for IWMY: current value is 0.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IWMY: 0.99%
Expense ratio chart for QQQY: current value is 0.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQY: 0.99%

Risk-Adjusted Performance

IWMY vs. QQQY — Risk-Adjusted Performance Rank

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

IWMY
The Risk-Adjusted Performance Rank of IWMY is 1212
Overall Rank
The Sharpe Ratio Rank of IWMY is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of IWMY is 1414
Sortino Ratio Rank
The Omega Ratio Rank of IWMY is 1212
Omega Ratio Rank
The Calmar Ratio Rank of IWMY is 1212
Calmar Ratio Rank
The Martin Ratio Rank of IWMY is 66
Martin Ratio Rank

QQQY
The Risk-Adjusted Performance Rank of QQQY is 55
Overall Rank
The Sharpe Ratio Rank of QQQY is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQY is 77
Sortino Ratio Rank
The Omega Ratio Rank of QQQY is 55
Omega Ratio Rank
The Calmar Ratio Rank of QQQY is 55
Calmar Ratio Rank
The Martin Ratio Rank of QQQY is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IWMY vs. QQQY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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.


Sharpe ratio
The chart of Sharpe ratio for IWMY, currently valued at -0.36, compared to the broader market-1.000.001.002.003.004.005.00
IWMY: -0.36
QQQY: -0.59
The chart of Sortino ratio for IWMY, currently valued at -0.35, compared to the broader market-2.000.002.004.006.008.0010.00
IWMY: -0.35
QQQY: -0.62
The chart of Omega ratio for IWMY, currently valued at 0.95, compared to the broader market0.501.001.502.002.50
IWMY: 0.95
QQQY: 0.91
The chart of Calmar ratio for IWMY, currently valued at -0.35, compared to the broader market0.005.0010.0015.00
IWMY: -0.35
QQQY: -0.53
The chart of Martin ratio for IWMY, currently valued at -1.63, compared to the broader market0.0020.0040.0060.0080.00100.00
IWMY: -1.63
QQQY: -2.17

The current IWMY Sharpe Ratio is -0.36, which is higher than the QQQY Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of IWMY and QQQY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00December2025FebruaryMarchApril
-0.36
-0.59
IWMY
QQQY

Dividends

IWMY vs. QQQY - Dividend Comparison

IWMY's dividend yield for the trailing twelve months is around 109.56%, more than QQQY's 90.60% yield.


TTM20242023
IWMY
Defiance R2000 Enhanced Options & 0DTE Income ETF
109.56%107.92%11.34%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
90.60%83.34%20.64%

Drawdowns

IWMY vs. QQQY - Drawdown Comparison

The maximum IWMY drawdown since its inception was -16.13%, smaller than the maximum QQQY drawdown of -18.46%. Use the drawdown chart below to compare losses from any high point for IWMY and QQQY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-16.13%
-18.46%
IWMY
QQQY

Volatility

IWMY vs. QQQY - Volatility Comparison

The current volatility for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) is 8.47%, while Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) has a volatility of 9.92%. This indicates that IWMY experiences smaller price fluctuations and is considered to be less risky than QQQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
8.47%
9.92%
IWMY
QQQY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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