PRN vs. WNTR
PRN (Invesco Dorsey Wright Industrials Momentum ETF) and WNTR (YieldMax MSTR Short Option Income Strategy ETF) are both exchange-traded funds - PRN is a Momentum fund tracking the Dorsey Wright Industrials Technical Leaders Index, while WNTR is a Derivative Income fund actively managed by YieldMax. PRN is passively managed, while WNTR is actively managed. Over the past year, PRN returned 34.52% vs 107.38% for WNTR. Their -0.38 correlation means they have often moved in opposite directions in the past. PRN charges 0.60%/yr vs 1.00%/yr for WNTR.
Performance
PRN vs. WNTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRN achieves a 23.45% return, which is significantly higher than WNTR's 10.75% return.
PRN
- 1D
- 1.01%
- 1M
- -8.35%
- 6M
- 11.82%
- YTD
- 23.45%
- 1Y
- 34.52%
- 3Y*
- 25.97%
- 5Y*
- 16.85%
- 10Y*
- 16.36%
- ALL TIME*
- 12.07%
WNTR
- 1D
- 3.26%
- 1M
- 8.13%
- 6M
- 14.92%
- YTD
- 10.75%
- 1Y
- 107.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 47.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.92M | $11.20M | $10.20M | |
| $4.02M | $3.86M | $3.95M |
PRN vs. WNTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PRN Invesco Dorsey Wright Industrials Momentum ETF | 23.45% | 22.63% |
WNTR YieldMax MSTR Short Option Income Strategy ETF | 10.75% | 52.78% |
Correlation
The correlation between PRN and WNTR is -0.38, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.38 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025 | -0.38 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PRN vs. WNTR — Risk / Return Rank
PRN
WNTR
PRN vs. WNTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dorsey Wright Industrials Momentum ETF (PRN) and YieldMax MSTR Short 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.
| PRN | WNTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.32 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 2.71 | -1.43 |
| Martin ratioReturn relative to average drawdown | 5.15 | 6.87 | -1.72 |
Loading charts...
Drawdowns
PRN vs. WNTR - Drawdown Comparison
The maximum PRN drawdown since its inception was -59.88%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for PRN and WNTR.
Loading charts...
Drawdown Indicators
| PRN | WNTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.88% | -42.65% | -17.23% |
Max Drawdown (1Y)Largest decline over 1 year | -24.60% | -42.65% | +18.05% |
Max Drawdown (3Y)Largest decline over 3 years | -30.78% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.84% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.27% | — | — |
Current DrawdownCurrent decline from peak | -17.94% | -9.64% | -8.30% |
Average DrawdownAverage peak-to-trough decline | -10.82% | -20.18% | +9.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.13% | 16.81% | -10.68% |
Volatility
PRN vs. WNTR - Volatility Comparison
Invesco Dorsey Wright Industrials Momentum ETF (PRN) and YieldMax MSTR Short Option Income Strategy ETF (WNTR) have volatilities of 15.11% and 14.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRN | WNTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.11% | 14.85% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 28.53% | 47.43% | -18.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.23% | 54.68% | -20.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.30% | 53.42% | -27.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.88% | 53.42% | -28.54% |
PRN vs. WNTR - Expense Ratio Comparison
PRN has a 0.60% expense ratio, which is lower than WNTR's 1.00% expense ratio.
Dividends
PRN vs. WNTR - Dividend Comparison
PRN's dividend yield for the trailing twelve months is around 0.10%, less than WNTR's 107.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRN Invesco Dorsey Wright Industrials Momentum ETF | 0.10% | 0.17% | 0.39% | 0.52% | 0.82% | 0.11% | 0.10% | 0.42% | 0.29% | 0.60% | 0.57% | 0.44% |
WNTR YieldMax MSTR Short Option Income Strategy ETF | 107.02% | 58.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PRN and WNTR have a correlation of -0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRN has higher volatility (15.11%) compared to WNTR (14.85%). In terms of maximum drawdown, PRN dropped -59.88% vs WNTR's -42.65%.
On 1-year performance, WNTR leads with 107.38% vs 34.52% for PRN. On fees, PRN is cheaper at 0.60% per year. On volatility, WNTR has been the lower-risk option at 14.85%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, WNTR has performed better with a 107.38% return vs 34.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PRN is cheaper with a 0.60% expense ratio, compared with 1.00% for WNTR.
WNTR has the higher dividend yield at 107.02%, compared with 0.10% for PRN.
PRN is categorized as Momentum, while WNTR is Derivative Income. They also come from different issuers: Invesco and YieldMax. Their fees differ too: 0.60% for PRN and 1.00% for WNTR.
WNTR currently has the higher Sharpe Ratio (2.12 vs 0.92), 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.
Find the right allocation for PRN and WNTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer