MENYX vs. PUTW
Compare and contrast key facts about Madison Covered Call & Equity Income Fund (MENYX) and WisdomTree Equity Premium Income Fund (PUTW).
MENYX is managed by Madison Funds. It was launched on Oct 29, 2009. PUTW is a passively managed fund by WisdomTree that tracks the performance of the Volos U.S. Large Cap Target 2.5% PutWrite Index. It was launched on Feb 24, 2016.
Performance
MENYX vs. PUTW - Performance Comparison
Loading graphics...
MENYX vs. PUTW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MENYX Madison Covered Call & Equity Income Fund | 4.35% | 6.69% | 2.79% | 10.66% | 5.06% | 18.71% | 12.65% | 15.76% | -6.01% | 7.57% |
PUTW WisdomTree Equity Premium Income Fund | -1.66% | 14.45% | 17.18% | 15.53% | -10.11% | 20.94% | 1.65% | 13.55% | -7.16% | 10.09% |
Returns By Period
In the year-to-date period, MENYX achieves a 4.35% return, which is significantly higher than PUTW's -1.66% return. Over the past 10 years, MENYX has outperformed PUTW with an annualized return of 8.24%, while PUTW has yielded a comparatively lower 7.80% annualized return.
MENYX
- 1D
- 0.00%
- 1M
- -2.83%
- YTD
- 4.35%
- 6M
- 6.06%
- 1Y
- 13.50%
- 3Y*
- 6.26%
- 5Y*
- 7.32%
- 10Y*
- 8.24%
PUTW
- 1D
- 2.60%
- 1M
- -3.50%
- YTD
- -1.66%
- 6M
- 1.99%
- 1Y
- 15.64%
- 3Y*
- 13.04%
- 5Y*
- 9.37%
- 10Y*
- 7.80%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MENYX vs. PUTW - Expense Ratio Comparison
MENYX has a 1.01% expense ratio, which is higher than PUTW's 0.44% expense ratio.
Return for Risk
MENYX vs. PUTW — Risk / Return Rank
MENYX
PUTW
MENYX vs. PUTW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Covered Call & Equity Income Fund (MENYX) and WisdomTree Equity Premium Income Fund (PUTW). 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.
| MENYX | PUTW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 1.10 | -0.14 |
Sortino ratioReturn per unit of downside risk | 1.38 | 1.65 | -0.27 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.27 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 1.62 | -0.56 |
Martin ratioReturn relative to average drawdown | 5.08 | 8.70 | -3.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MENYX | PUTW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 1.10 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.77 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.59 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.61 | 0.00 |
Correlation
The correlation between MENYX and PUTW is 0.61, 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.
Dividends
MENYX vs. PUTW - Dividend Comparison
MENYX's dividend yield for the trailing twelve months is around 6.71%, less than PUTW's 12.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MENYX Madison Covered Call & Equity Income Fund | 6.71% | 8.52% | 7.83% | 7.71% | 6.98% | 6.48% | 6.34% | 7.07% | 9.82% | 7.64% | 6.74% | 7.48% |
PUTW WisdomTree Equity Premium Income Fund | 12.37% | 13.18% | 11.99% | 8.94% | 3.27% | 0.00% | 1.43% | 1.47% | 6.46% | 3.52% | 2.27% | 0.00% |
Drawdowns
MENYX vs. PUTW - Drawdown Comparison
The maximum MENYX drawdown since its inception was -28.38%, roughly equal to the maximum PUTW drawdown of -28.40%. Use the drawdown chart below to compare losses from any high point for MENYX and PUTW.
Loading graphics...
Drawdown Indicators
| MENYX | PUTW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.38% | -28.40% | +0.02% |
Max Drawdown (1Y)Largest decline over 1 year | -11.66% | -9.90% | -1.76% |
Max Drawdown (5Y)Largest decline over 5 years | -16.14% | -16.56% | +0.42% |
Max Drawdown (10Y)Largest decline over 10 years | -28.38% | -28.40% | +0.02% |
Current DrawdownCurrent decline from peak | -2.83% | -4.73% | +1.90% |
Average DrawdownAverage peak-to-trough decline | -2.51% | -3.48% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 1.85% | +0.59% |
Volatility
MENYX vs. PUTW - Volatility Comparison
The current volatility for Madison Covered Call & Equity Income Fund (MENYX) is 2.81%, while WisdomTree Equity Premium Income Fund (PUTW) has a volatility of 4.77%. This indicates that MENYX experiences smaller price fluctuations and is considered to be less risky than PUTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MENYX | PUTW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.81% | 4.77% | -1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 7.27% | 7.82% | -0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.75% | 14.33% | +0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.39% | 12.21% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.43% | 13.23% | +0.20% |