REW vs. WTIU
REW (ProShares UltraShort Technology) and WTIU (MicroSectors Energy 3X Leveraged ETN) are both Leveraged Equities funds - REW tracks the Dow Jones U.S. Technology Index (-200%) while WTIU tracks the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). Both are passively managed. Over the past 3 years, REW returned -47.19%/yr vs 5.93%/yr for WTIU. At a correlation of -0.06, they often move in opposite directions. Both charge a 0.95% expense ratio.
Performance
REW vs. WTIU - Performance Comparison
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Returns By Period
In the year-to-date period, REW achieves a -48.44% return, which is significantly lower than WTIU's 91.57% return.
REW
- 1D
- 2.13%
- 1M
- -32.71%
- YTD
- -48.44%
- 6M
- -47.77%
- 1Y
- -65.29%
- 3Y*
- -47.19%
- 5Y*
- -40.21%
- 10Y*
- -45.16%
WTIU
- 1D
- 4.02%
- 1M
- -7.74%
- YTD
- 91.57%
- 6M
- 66.33%
- 1Y
- 103.25%
- 3Y*
- 5.93%
- 5Y*
- —
- 10Y*
- —
REW vs. WTIU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
REW ProShares UltraShort Technology | -48.44% | -43.15% | -33.70% | -45.45% |
WTIU MicroSectors Energy 3X Leveraged ETN | 91.57% | -17.13% | -29.63% | -28.42% |
Correlation
The correlation between REW and WTIU is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Feb 16, 2023 | -0.06 |
The correlation between REW and WTIU shifts across timeframes, from -0.06 (all time) to 0.14 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
REW vs. WTIU — Risk / Return Rank
REW
WTIU
REW vs. WTIU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Technology (REW) and MicroSectors Energy 3X Leveraged ETN (WTIU). 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.
| REW | WTIU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.10 | ||
| Sortino ratioReturn per unit of downside risk | -5.02 | ||
| Omega ratioGain probability vs. loss probability | 0.69 | 1.25 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 2.65 | -3.64 |
| Martin ratioReturn relative to average drawdown | -2.00 | 6.55 | -8.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| REW | WTIU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.56 | 1.54 | -3.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.78 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.79 | -0.09 | -0.70 |
Drawdowns
REW vs. WTIU - Drawdown Comparison
The maximum REW drawdown since its inception was -99.99%, which is greater than WTIU's maximum drawdown of -75.73%. Use the drawdown chart below to compare losses from any high point for REW and WTIU.
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Drawdown Indicators
| REW | WTIU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -75.73% | -24.26% |
Max Drawdown (1Y)Largest decline over 1 year | -66.25% | -39.11% | -27.14% |
Max Drawdown (3Y)Largest decline over 3 years | -86.76% | -75.73% | -11.03% |
Max Drawdown (5Y)Largest decline over 5 years | -93.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.79% | — | — |
Current DrawdownCurrent decline from peak | -99.99% | -32.10% | -67.89% |
Average DrawdownAverage peak-to-trough decline | -86.88% | -39.19% | -47.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.60% | 15.83% | +16.77% |
Volatility
REW vs. WTIU - Volatility Comparison
The current volatility for ProShares UltraShort Technology (REW) is 14.84%, while MicroSectors Energy 3X Leveraged ETN (WTIU) has a volatility of 27.06%. This indicates that REW experiences smaller price fluctuations and is considered to be less risky than WTIU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| REW | WTIU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.84% | 27.06% | -12.22% |
Volatility (6M)Calculated over the trailing 6-month period | 34.14% | 54.98% | -20.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.11% | 67.51% | -25.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.64% | 70.62% | -18.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.83% | 70.62% | -21.79% |
REW vs. WTIU - Expense Ratio Comparison
Both REW and WTIU have an expense ratio of 0.95%.
Dividends
REW vs. WTIU - Dividend Comparison
REW's dividend yield for the trailing twelve months is around 11.04%, while WTIU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
REW ProShares UltraShort Technology | 11.04% | 6.69% | 5.68% | 5.97% | 0.65% | 0.00% | 0.27% | 1.80% | 0.51% |
WTIU MicroSectors Energy 3X Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
REW and WTIU have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WTIU has higher volatility (27.06%) compared to REW (14.84%). In terms of maximum drawdown, REW dropped -99.99% vs WTIU's -75.73%.
On 3-year performance, WTIU leads with 5.93% vs -47.19% for REW. Both ETFs have the same 0.95% expense ratio. On volatility, REW has been the lower-risk option at 14.84%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, WTIU has performed better with a 5.93% return vs -47.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
REW and WTIU have the same expense ratio: 0.95% per year.
REW has the higher dividend yield at 11.04%, compared with 0.00% for WTIU.
REW tracks Dow Jones U.S. Technology Index (-200%), while WTIU tracks Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). They also come from different issuers: ProShares and REX.
WTIU currently has the higher Sharpe Ratio (1.54 vs -1.56), 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.
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