IWMY vs. XDOC

Last updated Jun 4, 2026

IWMY (Defiance R2000 Enhanced Options & 0DTE Income ETF) and XDOC (Innovator U.S. Equity Accelerated ETF - October) are both Options Trading funds. IWMY is passively managed, while XDOC is actively managed. IWMY charges 0.99%/yr vs 0.79%/yr for XDOC.

Performance

IWMY vs. XDOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and Innovator U.S. Equity Accelerated ETF - October (XDOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IWMY

• 1D: -1.36%
• 1M: 3.06%
• YTD: 12.25%
• 6M: 10.99%
• 1Y: 23.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDOC

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IWMY vs. XDOC - Yearly Performance Comparison

	2026 (YTD)
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF	6.14%
XDOC Innovator U.S. Equity Accelerated ETF - October	0.00%

Return for Risk

IWMY vs. XDOC — Risk / Return Rank

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

IWMY

IWMY Risk / Return Rank: 40
IWMY Sharpe Ratio Rank: 42
IWMY Sortino Ratio Rank: 38
IWMY Omega Ratio Rank: 39
IWMY Calmar Ratio Rank: 41
IWMY Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IWMY vs. XDOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and Innovator U.S. Equity Accelerated ETF - October (XDOC). 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.

	IWMY	XDOC	Difference
Sharpe ratio: Return per unit of total volatility	1.49	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.03	—	—
Martin ratio: Return relative to average drawdown	6.66	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IWMY	XDOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	—	—

Drawdowns

IWMY vs. XDOC - Drawdown Comparison

The maximum IWMY drawdown since its inception was -18.72%, which is greater than XDOC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for IWMY and XDOC.

Drawdown Indicators

	IWMY	XDOC	Difference
Max Drawdown Largest peak-to-trough decline	-18.72%	0.00%	-18.72%
Max Drawdown (1Y) Largest decline over 1 year	-11.57%	—	—
Current Drawdown Current decline from peak	-1.36%	0.00%	-1.36%
Average Drawdown Average peak-to-trough decline	-2.98%	0.00%	-2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	—	—

Volatility

Volatility by Period

	IWMY	XDOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.69%	0.00%	+15.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.75%	0.00%	+15.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.75%	0.00%	+15.75%

IWMY vs. XDOC - Expense Ratio Comparison

IWMY has a 0.99% expense ratio, which is higher than XDOC's 0.79% expense ratio.

Dividends

IWMY vs. XDOC - Dividend Comparison

IWMY's dividend yield for the trailing twelve months is around 45.96%, while XDOC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF	45.96%	63.33%	107.92%	11.34%
XDOC Innovator U.S. Equity Accelerated ETF - October	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, IWMY or XDOC?

On fees, XDOC is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IWMY or XDOC?

XDOC is cheaper with a 0.79% expense ratio, compared with 0.99% for IWMY.

Which ETF pays a higher dividend yield, IWMY or XDOC?

IWMY has the higher dividend yield at 45.96%, compared with 0.00% for XDOC.

What is the main difference between IWMY and XDOC?

They also come from different issuers: Defiance and Innovator. Their fees differ too: 0.99% for IWMY and 0.79% for XDOC.