VEGA vs. WBIF
VEGA (AdvisorShares STAR Global Buy-Write ETF) and WBIF (WBI BullBear Value 3000 ETF) are both Global Equities funds. Both are actively managed. Over the past 10 years, VEGA returned 7.66%/yr vs 5.78%/yr for WBIF. A 0.58 correlation means they provide meaningful diversification when combined. VEGA charges 2.02%/yr vs 1.25%/yr for WBIF.
Performance
VEGA vs. WBIF - Performance Comparison
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Returns By Period
In the year-to-date period, VEGA achieves a 6.73% return, which is significantly lower than WBIF's 14.96% return. Over the past 10 years, VEGA has outperformed WBIF with an annualized return of 7.66%, while WBIF has yielded a comparatively lower 5.78% annualized return.
VEGA
- 1D
- 0.50%
- 1M
- 0.65%
- 6M
- 4.46%
- YTD
- 6.73%
- 1Y
- 14.93%
- 3Y*
- 12.53%
- 5Y*
- 6.93%
- 10Y*
- 7.66%
WBIF
- 1D
- 0.37%
- 1M
- 1.70%
- 6M
- 12.70%
- YTD
- 14.96%
- 1Y
- 21.51%
- 3Y*
- 7.30%
- 5Y*
- 3.39%
- 10Y*
- 5.78%
VEGA vs. WBIF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEGA AdvisorShares STAR Global Buy-Write ETF | 6.73% | 15.83% | 11.20% | 15.12% | -15.02% | 12.36% | 8.37% | 19.29% | -6.58% | 11.50% |
WBIF WBI BullBear Value 3000 ETF | 14.96% | 9.16% | 3.43% | 0.49% | -8.38% | 16.56% | -2.71% | 2.68% | -4.68% | 19.42% |
Correlation
The correlation between VEGA and WBIF is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2014 | 0.58 |
The correlation between VEGA and WBIF shifts across timeframes, from 0.58 (all time) to 0.71 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
VEGA vs. WBIF — Risk / Return Rank
VEGA
WBIF
VEGA vs. WBIF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares STAR Global Buy-Write ETF (VEGA) and WBI BullBear Value 3000 ETF (WBIF). 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.
| VEGA | WBIF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.31 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 3.27 | -1.09 |
| Martin ratioReturn relative to average drawdown | 9.42 | 11.62 | -2.21 |
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Drawdowns
VEGA vs. WBIF - Drawdown Comparison
The maximum VEGA drawdown since its inception was -28.37%, which is greater than WBIF's maximum drawdown of -20.29%. Use the drawdown chart below to compare losses from any high point for VEGA and WBIF.
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Drawdown Indicators
| VEGA | WBIF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.37% | -20.29% | -8.08% |
Max Drawdown (1Y)Largest decline over 1 year | -6.86% | -6.60% | -0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -11.62% | -17.16% | +5.54% |
Max Drawdown (5Y)Largest decline over 5 years | -22.78% | -20.29% | -2.49% |
Max Drawdown (10Y)Largest decline over 10 years | -28.37% | -20.29% | -8.08% |
Current DrawdownCurrent decline from peak | -0.86% | -0.62% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -3.77% | -7.67% | +3.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 1.86% | -0.27% |
Volatility
VEGA vs. WBIF - Volatility Comparison
AdvisorShares STAR Global Buy-Write ETF (VEGA) and WBI BullBear Value 3000 ETF (WBIF) have volatilities of 2.84% and 2.74%, 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.
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Volatility by Period
| VEGA | WBIF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.84% | 2.74% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 7.97% | 9.07% | -1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.62% | 12.48% | -2.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.35% | 12.89% | -0.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.72% | 12.36% | +0.36% |
VEGA vs. WBIF - Expense Ratio Comparison
VEGA has a 2.02% expense ratio, which is higher than WBIF's 1.25% expense ratio.
Dividends
VEGA vs. WBIF - Dividend Comparison
VEGA's dividend yield for the trailing twelve months is around 1.26%, more than WBIF's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEGA AdvisorShares STAR Global Buy-Write ETF | 1.26% | 1.34% | 1.05% | 1.12% | 1.89% | 0.55% | 0.28% | 0.44% | 0.45% | 0.00% | 0.81% | 0.00% |
WBIF WBI BullBear Value 3000 ETF | 0.06% | 0.14% | 1.17% | 0.82% | 0.96% | 2.59% | 0.09% | 1.04% | 0.77% | 0.75% | 0.67% | 0.86% |
Frequently Asked Questions
VEGA and WBIF have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VEGA has higher volatility (2.84%) compared to WBIF (2.74%). In terms of maximum drawdown, VEGA dropped -28.37% vs WBIF's -20.29%.
On 10-year performance, VEGA leads with 7.66% vs 5.78% for WBIF. On fees, WBIF is cheaper at 1.25% per year. On volatility, WBIF has been the lower-risk option at 2.74%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VEGA has performed better with a 7.66% return vs 5.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WBIF is cheaper with a 1.25% expense ratio, compared with 2.02% for VEGA.
VEGA has the higher dividend yield at 1.26%, compared with 0.06% for WBIF.
They also come from different issuers: AdvisorShares and WBI. Their fees differ too: 2.02% for VEGA and 1.25% for WBIF.
WBIF currently has the higher Sharpe Ratio (1.73 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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