IWMY vs. T
IWMY (Defiance R2000 Enhanced Options & 0DTE Income ETF) is Options Trading fund tracking the Russell 2000 Index, while T (AT&T Inc.) is a stock. Over the past year, IWMY returned 21.26% vs -12.96% for T. At a 0.00 correlation, their price movements are largely independent.
Performance
IWMY vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, IWMY achieves a 13.70% return, which is significantly higher than T's -2.96% return.
IWMY
- 1D
- 0.68%
- 1M
- 2.79%
- YTD
- 13.70%
- 6M
- 10.66%
- 1Y
- 21.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
T
- 1D
- 2.52%
- 1M
- -4.69%
- YTD
- -2.96%
- 6M
- -1.93%
- 1Y
- -12.96%
- 3Y*
- 20.58%
- 5Y*
- 7.38%
- 10Y*
- 3.33%
IWMY vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF | 13.70% | 10.18% | 5.56% | 10.06% |
T AT&T Inc. | -2.96% | 13.97% | 44.08% | 9.96% |
Correlation
The correlation between IWMY and T 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 Oct 31, 2023 | 0.00 |
The correlation between IWMY and T shifts across timeframes, from -0.10 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IWMY vs. T — Risk / Return Rank
IWMY
T
IWMY vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and AT&T Inc. (T). 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 | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.89 | ||
| Sortino ratioReturn per unit of downside risk | +2.51 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.92 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | -0.59 | +2.44 |
| Martin ratioReturn relative to average drawdown | 6.03 | -1.22 | +7.25 |
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Drawdowns
IWMY vs. T - Drawdown Comparison
The maximum IWMY drawdown since its inception was -18.72%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for IWMY and T.
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Drawdown Indicators
| IWMY | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.72% | -64.15% | +45.43% |
Max Drawdown (1Y)Largest decline over 1 year | -11.57% | -21.87% | +10.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.01% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.35% | — |
Current DrawdownCurrent decline from peak | -0.12% | -18.12% | +18.00% |
Average DrawdownAverage peak-to-trough decline | -2.96% | -15.72% | +12.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 10.64% | -7.10% |
Volatility
IWMY vs. T - Volatility Comparison
The current volatility for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) is 6.80%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that IWMY experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWMY | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.80% | 8.21% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 13.47% | 17.80% | -4.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.36% | 22.13% | -5.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.94% | 24.01% | -8.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.94% | 23.73% | -7.79% |
Dividends
IWMY vs. T - Dividend Comparison
IWMY's dividend yield for the trailing twelve months is around 44.61%, more than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
T AT&T Inc. | 4.71% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Frequently Asked Questions
IWMY and T 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.
T has higher volatility (8.21%) compared to IWMY (6.80%). In terms of maximum drawdown, IWMY dropped -18.72% vs T's -64.15%.
IWMY currently has the higher Sharpe Ratio (1.31 vs -0.59), 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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