IWMY vs. VOO
Compare and contrast key facts about Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and Vanguard S&P 500 ETF (VOO).
IWMY and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWMY is a passively managed fund by Defiance that tracks the performance of the Russell 2000 Index. It was launched on Oct 30, 2023. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both IWMY and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWMY or VOO.
Correlation
The correlation between IWMY and VOO is 0.67, 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
IWMY vs. VOO - Performance Comparison
Key characteristics
IWMY:
0.74
VOO:
2.06
IWMY:
0.97
VOO:
2.75
IWMY:
1.13
VOO:
1.38
IWMY:
1.41
VOO:
3.07
IWMY:
4.03
VOO:
13.32
IWMY:
2.47%
VOO:
1.95%
IWMY:
13.46%
VOO:
12.59%
IWMY:
-7.07%
VOO:
-33.99%
IWMY:
-4.63%
VOO:
-2.67%
Returns By Period
In the year-to-date period, IWMY achieves a 0.78% return, which is significantly higher than VOO's 0.62% return.
IWMY
0.78%
-3.57%
2.70%
10.13%
N/A
N/A
VOO
0.62%
-2.16%
5.77%
26.25%
14.43%
13.25%
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IWMY vs. VOO - Expense Ratio Comparison
IWMY has a 0.99% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
IWMY vs. VOO — Risk-Adjusted Performance Rank
IWMY
VOO
IWMY vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and Vanguard S&P 500 ETF (VOO). 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
IWMY vs. VOO - Dividend Comparison
IWMY's dividend yield for the trailing twelve months is around 108.03%, more than VOO's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF | 108.03% | 106.77% | 11.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
IWMY vs. VOO - Drawdown Comparison
The maximum IWMY drawdown since its inception was -7.07%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IWMY and VOO. For additional features, visit the drawdowns tool.
Volatility
IWMY vs. VOO - Volatility Comparison
Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) has a higher volatility of 5.08% compared to Vanguard S&P 500 ETF (VOO) at 4.43%. This indicates that IWMY's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.