VTI vs. IWMY
VTI (Vanguard Total Stock Market ETF) and IWMY (Defiance R2000 Enhanced Options & 0DTE Income ETF) are both exchange-traded funds - VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index, while IWMY is a Options Trading fund tracking the Russell 2000 Index. Both are passively managed. Over the past year, VTI returned 24.96% vs 19.66% for IWMY. A 0.79 correlation means they provide meaningful diversification when combined. VTI charges 0.03%/yr vs 0.99%/yr for IWMY.
Performance
VTI vs. IWMY - Performance Comparison
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Returns By Period
In the year-to-date period, VTI achieves a 9.05% return, which is significantly lower than IWMY's 10.55% return.
VTI
- 1D
- 0.30%
- 1M
- 0.44%
- YTD
- 9.05%
- 6M
- 8.94%
- 1Y
- 24.96%
- 3Y*
- 21.05%
- 5Y*
- 12.25%
- 10Y*
- 14.84%
IWMY
- 1D
- 0.63%
- 1M
- -0.57%
- YTD
- 10.55%
- 6M
- 8.47%
- 1Y
- 19.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VTI vs. IWMY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VTI Vanguard Total Stock Market ETF | 9.05% | 17.10% | 23.81% | 15.95% |
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF | 10.55% | 10.18% | 5.56% | 10.06% |
Correlation
The correlation between VTI and IWMY is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 2023 | 0.79 |
The correlation between VTI and IWMY has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.
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Return for Risk
VTI vs. IWMY — Risk / Return Rank
VTI
IWMY
VTI vs. IWMY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) and Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY). 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.
| VTI | IWMY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.21 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | 1.71 | +1.10 |
| Martin ratioReturn relative to average drawdown | 12.85 | 5.59 | +7.26 |
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
| VTI | IWMY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | 1.23 | +0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.90 | -0.39 |
Drawdowns
VTI vs. IWMY - Drawdown Comparison
The maximum VTI drawdown since its inception was -55.45%, which is greater than IWMY's maximum drawdown of -18.72%. Use the drawdown chart below to compare losses from any high point for VTI and IWMY.
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Drawdown Indicators
| VTI | IWMY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.45% | -18.72% | -36.73% |
Max Drawdown (1Y)Largest decline over 1 year | -8.92% | -11.57% | +2.65% |
Max Drawdown (3Y)Largest decline over 3 years | -19.30% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.36% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.00% | — | — |
Current DrawdownCurrent decline from peak | -2.64% | -2.89% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -2.98% | -5.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 3.53% | -1.58% |
Volatility
VTI vs. IWMY - Volatility Comparison
The current volatility for Vanguard Total Stock Market ETF (VTI) is 3.88%, while Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) has a volatility of 6.26%. This indicates that VTI experiences smaller price fluctuations and is considered to be less risky than IWMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTI | IWMY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 6.26% | -2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 9.55% | 13.20% | -3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.44% | 16.15% | -3.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.44% | 15.90% | +1.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 15.90% | +2.43% |
VTI vs. IWMY - Expense Ratio Comparison
VTI has a 0.03% expense ratio, which is lower than IWMY's 0.99% expense ratio.
Dividends
VTI vs. IWMY - Dividend Comparison
VTI's dividend yield for the trailing twelve months is around 1.03%, less than IWMY's 46.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF | 46.29% | 63.33% | 107.92% | 11.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTI Vanguard Total Stock Market ETF | 1.03% | 1.12% | 1.27% | 1.44% | 1.66% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% |
Frequently Asked Questions
VTI and IWMY have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWMY has higher volatility (6.26%) compared to VTI (3.88%). In terms of maximum drawdown, VTI dropped -55.45% vs IWMY's -18.72%.
On 1-year performance, VTI leads with 24.96% vs 19.66% for IWMY. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 3.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, VTI has performed better with a 24.96% return vs 19.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VTI is cheaper with a 0.03% expense ratio, compared with 0.99% for IWMY.
IWMY has the higher dividend yield at 46.29%, compared with 1.03% for VTI.
VTI is categorized as Large Cap Blend Equities, while IWMY is Options Trading. VTI tracks CRSP US Total Market Index, while IWMY tracks Russell 2000 Index. They also come from different issuers: Vanguard and Defiance. Their fees differ too: 0.03% for VTI and 0.99% for IWMY.
VTI currently has the higher Sharpe Ratio (2.02 vs 1.23), 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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