SEMI vs. WNTR

Last updated Jul 14, 2026

SEMI (Columbia Select Technology ETF) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - SEMI is a Semiconductors fund actively managed by Columbia, while WNTR is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, SEMI returned 41.75% vs 120.64% for WNTR. At a correlation of -0.38, they often move in opposite directions. SEMI charges 0.75%/yr vs 1.01%/yr for WNTR.

Performance

SEMI vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Select Technology ETF (SEMI) 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, SEMI achieves a 24.20% return, which is significantly higher than WNTR's 10.13% return.

SEMI

• 1D: -2.67%
• 1M: -1.30%
• 6M: 19.87%
• YTD: 24.20%
• 1Y: 41.75%
• 3Y*: 24.64%
• 5Y*: —
• 10Y*: —

WNTR

• 1D: 1.92%
• 1M: 18.08%
• 6M: 14.43%
• YTD: 10.13%
• 1Y: 120.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SEMI vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
SEMI Columbia Select Technology ETF	24.20%	40.07%
WNTR YieldMax Short MSTR Option Income Strategy ETF	10.13%	52.78%

Correlation

The correlation between SEMI and WNTR is -0.35, 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	-0.35
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.38

Return for Risk

SEMI vs. WNTR — Risk / Return Rank

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

SEMI

SEMI Risk / Return Rank: 62
SEMI Sharpe Ratio Rank: 60
SEMI Sortino Ratio Rank: 54
SEMI Omega Ratio Rank: 56
SEMI Calmar Ratio Rank: 72
SEMI Martin Ratio Rank: 69

WNTR

WNTR Risk / Return Rank: 70
WNTR Sharpe Ratio Rank: 88
WNTR Sortino Ratio Rank: 67
WNTR Omega Ratio Rank: 72
WNTR Calmar Ratio Rank: 71
WNTR Martin Ratio Rank: 54

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.

SEMI vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Select Technology ETF (SEMI) 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.

	SEMI	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	1.61	2.26	-0.65
Sortino ratio: Return per unit of downside risk	2.10	2.47	-0.37
Omega ratio: Gain probability vs. loss probability	1.28	1.34	-0.06
Calmar ratio: Return relative to maximum drawdown	2.91	2.84	+0.07
Martin ratio: Return relative to average drawdown	10.03	7.31	+2.72

SEMI vs. WNTR - Sharpe Ratio Comparison

The current SEMI Sharpe Ratio is 1.61, which is comparable to the WNTR Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of SEMI 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

SEMI vs. WNTR - Drawdown Comparison

The maximum SEMI drawdown since its inception was -33.46%, smaller than the maximum WNTR drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for SEMI and WNTR.

Drawdown Indicators

	SEMI	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-33.46%	-42.65%	+9.19%
Max Drawdown (1Y) Largest decline over 1 year	-14.41%	-42.65%	+28.24%
Max Drawdown (3Y) Largest decline over 3 years	-32.93%	—	—
Current Drawdown Current decline from peak	-6.57%	-10.15%	+3.58%
Average Drawdown Average peak-to-trough decline	-9.80%	-20.53%	+10.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.18%	16.58%	-12.40%

Volatility

SEMI vs. WNTR - Volatility Comparison

The current volatility for Columbia Select Technology ETF (SEMI) is 12.66%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 18.84%. This indicates that SEMI 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

	SEMI	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.66%	18.84%	-6.18%
Volatility (6M) Calculated over the trailing 6-month period	22.07%	47.46%	-25.39%
Volatility (1Y) Calculated over the trailing 1-year period	26.14%	53.83%	-27.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.00%	53.56%	-21.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.00%	53.56%	-21.56%

SEMI vs. WNTR - Expense Ratio Comparison

SEMI has a 0.75% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

SEMI vs. WNTR - Dividend Comparison

SEMI's dividend yield for the trailing twelve months is around 3.61%, less than WNTR's 102.14% yield.

Position	TTM	2025	2024	2023	2022
SEMI Columbia Select Technology ETF	3.61%	4.48%	0.96%	0.87%	0.67%
WNTR YieldMax Short MSTR Option Income Strategy ETF	102.14%	58.56%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SEMI and WNTR in my portfolio?

SEMI and WNTR have a correlation of -0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEMI or WNTR?

WNTR has higher volatility (18.84%) compared to SEMI (12.66%). In terms of maximum drawdown, SEMI dropped -33.46% vs WNTR's -42.65%.

Which ETF is better, SEMI or WNTR?

On 1-year performance, WNTR leads with 120.64% vs 41.75% for SEMI. On fees, SEMI is cheaper at 0.75% per year. On volatility, SEMI has been the lower-risk option at 12.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SEMI or WNTR?

Over the 1-year period, WNTR has performed better with a 120.64% return vs 41.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SEMI or WNTR?

SEMI is cheaper with a 0.75% expense ratio, compared with 1.01% for WNTR.

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

WNTR has the higher dividend yield at 102.14%, compared with 3.61% for SEMI.

What is the main difference between SEMI and WNTR?

SEMI is categorized as Semiconductors, while WNTR is Derivative Income. They also come from different issuers: Columbia and YieldMax. Their fees differ too: 0.75% for SEMI and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.26 vs 1.61), 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.