JIG vs. WNTR

Last updated Jul 12, 2026

JIG (JPMorgan International Growth ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - JIG is a Foreign Large Cap Equities fund actively managed by JPMorgan, while WNTR is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, JIG returned 22.27% vs 116.49% for WNTR. At a correlation of -0.41, they often move in opposite directions. JIG charges 0.55%/yr vs 1.01%/yr for WNTR.

Performance

JIG vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Growth ETF (JIG) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIG achieves a 15.12% return, which is significantly higher than WNTR's 8.06% return.

JIG

• 1D: 0.06%
• 1M: -0.09%
• 6M: 10.08%
• YTD: 15.12%
• 1Y: 22.27%
• 3Y*: 15.44%
• 5Y*: 3.08%
• 10Y*: —

WNTR

• 1D: -0.43%
• 1M: 15.85%
• 6M: 10.45%
• YTD: 8.06%
• 1Y: 116.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JIG vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
JIG JPMorgan International Growth ETF	15.12%	16.47%
WNTR YieldMax Short MSTR Option Income Strategy ETF	8.06%	52.78%

Correlation

The correlation between JIG and WNTR is -0.41, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.41
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.41

Return for Risk

JIG vs. WNTR — Risk / Return Rank

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

JIG

JIG Risk / Return Rank: 38
JIG Sharpe Ratio Rank: 35
JIG Sortino Ratio Rank: 34
JIG Omega Ratio Rank: 36
JIG Calmar Ratio Rank: 40
JIG Martin Ratio Rank: 45

WNTR

WNTR Risk / Return Rank: 65
WNTR Sharpe Ratio Rank: 81
WNTR Sortino Ratio Rank: 63
WNTR Omega Ratio Rank: 67
WNTR Calmar Ratio Rank: 65
WNTR Martin Ratio Rank: 49

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.

JIG vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Growth ETF (JIG) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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.

	JIG	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	1.03	2.06	-1.03
Sortino ratio: Return per unit of downside risk	1.51	2.34	-0.83
Omega ratio: Gain probability vs. loss probability	1.20	1.32	-0.12
Calmar ratio: Return relative to maximum drawdown	1.64	2.60	-0.97
Martin ratio: Return relative to average drawdown	5.91	6.69	-0.77

JIG vs. WNTR - Sharpe Ratio Comparison

The current JIG Sharpe Ratio is 1.03, which is lower than the WNTR Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of JIG and WNTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JIG vs. WNTR - Drawdown Comparison

The maximum JIG drawdown since its inception was -43.75%, roughly equal to the maximum WNTR drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for JIG and WNTR.

Drawdown Indicators

	JIG	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-43.75%	-42.65%	-1.10%
Max Drawdown (1Y) Largest decline over 1 year	-12.94%	-42.65%	+29.71%
Max Drawdown (3Y) Largest decline over 3 years	-16.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.75%	—	—
Current Drawdown Current decline from peak	-4.82%	-11.84%	+7.02%
Average Drawdown Average peak-to-trough decline	-16.55%	-20.57%	+4.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	16.58%	-13.00%

Volatility

JIG vs. WNTR - Volatility Comparison

The current volatility for JPMorgan International Growth ETF (JIG) is 8.38%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 18.80%. This indicates that JIG experiences smaller price fluctuations and is considered to be less risky than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JIG	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.38%	18.80%	-10.42%
Volatility (6M) Calculated over the trailing 6-month period	18.42%	47.57%	-29.15%
Volatility (1Y) Calculated over the trailing 1-year period	20.47%	53.81%	-33.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.36%	53.62%	-34.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.28%	53.62%	-34.34%

JIG vs. WNTR - Expense Ratio Comparison

JIG has a 0.55% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

JIG vs. WNTR - Dividend Comparison

JIG's dividend yield for the trailing twelve months is around 1.95%, less than WNTR's 104.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
JIG JPMorgan International Growth ETF	1.95%	2.25%	1.70%	1.69%	0.91%	1.35%	0.04%
WNTR YieldMax Short MSTR Option Income Strategy ETF	104.11%	58.56%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JIG and WNTR in my portfolio?

JIG and WNTR have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JIG or WNTR?

WNTR has higher volatility (18.80%) compared to JIG (8.38%). In terms of maximum drawdown, JIG dropped -43.75% vs WNTR's -42.65%.

Which ETF is better, JIG or WNTR?

On 1-year performance, WNTR leads with 116.49% vs 22.27% for JIG. On fees, JIG is cheaper at 0.55% per year. On volatility, JIG has been the lower-risk option at 8.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JIG or WNTR?

Over the 1-year period, WNTR has performed better with a 116.49% return vs 22.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JIG or WNTR?

JIG is cheaper with a 0.55% expense ratio, compared with 1.01% for WNTR.

Which ETF pays a higher dividend yield, JIG or WNTR?

WNTR has the higher dividend yield at 104.11%, compared with 1.95% for JIG.

What is the main difference between JIG and WNTR?

JIG is categorized as Foreign Large Cap Equities, while WNTR is Derivative Income. They also come from different issuers: JPMorgan and YieldMax. Their fees differ too: 0.55% for JIG and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.06 vs 1.03), 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.