SECT vs. BUYW

Last updated Aug 4, 2026

SECT (Main Sector Rotation ETF) and BUYW (Main Buywrite ETF) are both exchange-traded funds - SECT is a Large Cap Blend Equities fund actively managed by Main, while BUYW is a Derivative Income fund actively managed by Main. Both are actively managed. Over the past 3 years, SECT returned 18.31%/yr vs 8.88%/yr for BUYW. Their 0.64 correlation means they have sometimes moved together and sometimes differently. SECT charges 0.78%/yr vs 1.29%/yr for BUYW.

Performance

SECT vs. BUYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Main Sector Rotation ETF (SECT) and Main Buywrite ETF (BUYW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SECT achieves a 10.61% return, which is significantly higher than BUYW's 5.08% return.

SECT

• 1D: 1.23%
• 1M: 0.06%
• 6M: 9.46%
• YTD: 10.61%
• 1Y: 23.38%
• 3Y*: 18.31%
• 5Y*: 12.13%
• 10Y*: —
• ALL TIME*: 13.46%

BUYW

• 1D: 0.28%
• 1M: 0.64%
• 6M: 4.41%
• YTD: 5.08%
• 1Y: 9.35%
• 3Y*: 8.88%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.97%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BUYW Main Buywrite ETF	$5.71M	$4.95M	$4.82M
SECT Main Sector Rotation ETF	$7.17M	$6.89M	$6.82M

SECT vs. BUYW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SECT Main Sector Rotation ETF	10.61%	17.80%	18.61%	21.10%	-1.47%
BUYW Main Buywrite ETF	5.08%	9.08%	9.82%	12.80%	1.94%

Correlation

The correlation between SECT and BUYW is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (3Y) Balances recent behavior with more history.	0.60
Correlation (All Time) Calculated using the full available price history since Sep 12, 2022	0.64

The correlation between SECT and BUYW shifts across timeframes, from 0.52 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.

SECT vs. BUYW - Sectors Allocation Comparison

Sectors	SECT	BUYW
Technology	44.8%	25.9%
Financial Services	18.0%	15.0%
Industrials	12.0%	4.6%
Consumer Cyclical	10.2%	6.0%
Utilities	6.2%	10.9%
Energy	3.6%	12.4%
Basic Materials	3.4%	1.0%
Communication Services	1.2%	6.5%
Consumer Defensive	0.4%	3.1%
Healthcare	0.2%	13.8%
Real Estate	0.0%	1.0%

Return for Risk

SECT vs. BUYW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SECT

SECT Risk / Return Rank: 65
SECT Sharpe Ratio Rank: 67
SECT Sortino Ratio Rank: 65
SECT Omega Ratio Rank: 64
SECT Calmar Ratio Rank: 60
SECT Martin Ratio Rank: 68

BUYW

BUYW Risk / Return Rank: 86
BUYW Sharpe Ratio Rank: 81
BUYW Sortino Ratio Rank: 84
BUYW Omega Ratio Rank: 84
BUYW Calmar Ratio Rank: 88
BUYW Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SECT vs. BUYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Main Sector Rotation ETF (SECT) and Main Buywrite ETF (BUYW). 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.

	SECT	BUYW	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.93	-0.33
Sortino ratio: Return per unit of downside risk	2.22	2.87	-0.65
Omega ratio: Gain probability vs. loss probability	1.28	1.37	-0.09
Calmar ratio: Return relative to maximum drawdown	2.19	3.63	-1.43
Martin ratio: Return relative to average drawdown	8.53	19.32	-10.78

SECT vs. BUYW - Sharpe Ratio Comparison

The current SECT Sharpe Ratio is 1.61, which is comparable to the BUYW Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of SECT and BUYW, 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

SECT vs. BUYW - Drawdown Comparison

The maximum SECT drawdown since its inception was -38.09%, which is greater than BUYW's maximum drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for SECT and BUYW.

Drawdown Indicators

	SECT	BUYW	Difference
Max Drawdown Largest peak-to-trough decline	-38.09%	-9.36%	-28.73%
Max Drawdown (1Y) Largest decline over 1 year	-10.71%	-2.59%	-8.12%
Max Drawdown (3Y) Largest decline over 3 years	-21.71%	-9.36%	-12.35%
Max Drawdown (5Y) Largest decline over 5 years	-21.71%	—	—
Current Drawdown Current decline from peak	-1.63%	0.00%	-1.63%
Average Drawdown Average peak-to-trough decline	-4.61%	-0.59%	-4.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	0.49%	+2.26%

Volatility

SECT vs. BUYW - Volatility Comparison

Main Sector Rotation ETF (SECT) has a higher volatility of 4.75% compared to Main Buywrite ETF (BUYW) at 1.11%. This indicates that SECT's price experiences larger fluctuations and is considered to be riskier than BUYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SECT	BUYW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	1.11%	+3.64%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	3.91%	+7.90%
Volatility (1Y) Calculated over the trailing 1-year period	14.66%	4.87%	+9.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.02%	8.33%	+9.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.12%	8.33%	+11.79%

SECT vs. BUYW - Expense Ratio Comparison

SECT has a 0.78% expense ratio, which is lower than BUYW's 1.29% expense ratio.

Dividends

SECT vs. BUYW - Dividend Comparison

SECT's dividend yield for the trailing twelve months is around 0.73%, less than BUYW's 5.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BUYW Main Buywrite ETF	5.90%	5.89%	5.93%	5.95%	0.50%	0.00%	0.00%	0.00%	0.00%	0.00%
SECT Main Sector Rotation ETF	0.73%	0.32%	0.45%	0.84%	0.86%	0.60%	1.37%	0.77%	1.67%	0.50%

Frequently Asked Questions

Can I hold both SECT and BUYW in my portfolio?

SECT and BUYW have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SECT or BUYW?

SECT has higher volatility (4.75%) compared to BUYW (1.11%). In terms of maximum drawdown, SECT dropped -38.09% vs BUYW's -9.36%.

Which ETF is better, SECT or BUYW?

On 3-year performance, SECT leads with 18.31% vs 8.88% for BUYW. On fees, SECT is cheaper at 0.78% per year. On volatility, BUYW has been the lower-risk option at 1.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SECT or BUYW?

Over the 3-year period, SECT has performed better with a 18.31% return vs 8.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SECT or BUYW?

SECT is cheaper with a 0.78% expense ratio, compared with 1.29% for BUYW.

Which ETF pays a higher dividend yield, SECT or BUYW?

BUYW has the higher dividend yield at 5.90%, compared with 0.73% for SECT.

What is the main difference between SECT and BUYW?

SECT is categorized as Large Cap Blend Equities, while BUYW is Derivative Income. Their fees differ too: 0.78% for SECT and 1.29% for BUYW.

Which has better risk-adjusted returns?

BUYW currently has the higher Sharpe Ratio (1.93 vs 1.60), 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.