VTV vs. WNTR

Last updated Aug 5, 2026

VTV (Vanguard Value ETF) and WNTR (YieldMax MSTR Short Option Income Strategy ETF) are both exchange-traded funds - VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index, while WNTR is a Derivative Income fund actively managed by YieldMax. VTV is passively managed, while WNTR is actively managed. Over the past year, VTV returned 28.99% vs 106.98% for WNTR. Their -0.29 correlation means they have often moved in opposite directions in the past. VTV charges 0.04%/yr vs 1.00%/yr for WNTR.

Performance

VTV vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value ETF (VTV) and YieldMax MSTR Short 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, VTV achieves a 18.44% return, which is significantly higher than WNTR's 7.92% return.

VTV

• 1D: 1.30%
• 1M: 2.14%
• 6M: 11.73%
• YTD: 18.44%
• 1Y: 28.99%
• 3Y*: 18.34%
• 5Y*: 12.61%
• 10Y*: 12.61%
• ALL TIME*: 9.75%

WNTR

• 1D: -2.34%
• 1M: 5.36%
• 6M: 2.42%
• YTD: 7.92%
• 1Y: 106.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 44.62%

*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)
VTV Vanguard Value ETF	$668.29M	$673.37M	$627.33M
WNTR YieldMax MSTR Short Option Income Strategy ETF	$3.95M	$3.66M	$3.95M

VTV vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
VTV Vanguard Value ETF	18.44%	12.00%
WNTR YieldMax MSTR Short Option Income Strategy ETF	7.92%	52.78%

Correlation

The correlation between VTV and WNTR is -0.26, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.26
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.29

Return for Risk

VTV vs. WNTR — Risk / Return Rank

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

VTV

VTV Risk / Return Rank: 93
VTV Sharpe Ratio Rank: 94
VTV Sortino Ratio Rank: 94
VTV Omega Ratio Rank: 93
VTV Calmar Ratio Rank: 92
VTV Martin Ratio Rank: 93

WNTR

WNTR Risk / Return Rank: 63
WNTR Sharpe Ratio Rank: 77
WNTR Sortino Ratio Rank: 59
WNTR Omega Ratio Rank: 63
WNTR Calmar Ratio Rank: 64
WNTR Martin Ratio Rank: 50

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.

VTV vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) and YieldMax MSTR Short 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.

	VTV	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	2.83	1.97	+0.85
Sortino ratio: Return per unit of downside risk	4.04	2.27	+1.76
Omega ratio: Gain probability vs. loss probability	1.51	1.30	+0.21
Calmar ratio: Return relative to maximum drawdown	4.59	2.52	+2.06
Martin ratio: Return relative to average drawdown	17.73	6.38	+11.36

VTV vs. WNTR - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 2.83, which is higher than the WNTR Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of VTV 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

VTV vs. WNTR - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for VTV and WNTR.

Drawdown Indicators

	VTV	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-42.65%	-16.62%
Max Drawdown (1Y) Largest decline over 1 year	-6.35%	-42.65%	+36.30%
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	—	—
Current Drawdown Current decline from peak	0.00%	-11.95%	+11.95%
Average Drawdown Average peak-to-trough decline	-7.81%	-20.12%	+12.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	16.84%	-15.20%

Volatility

VTV vs. WNTR - Volatility Comparison

The current volatility for Vanguard Value ETF (VTV) is 2.83%, while YieldMax MSTR Short Option Income Strategy ETF (WNTR) has a volatility of 13.23%. This indicates that VTV 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

	VTV	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.83%	13.23%	-10.40%
Volatility (6M) Calculated over the trailing 6-month period	7.78%	46.95%	-39.17%
Volatility (1Y) Calculated over the trailing 1-year period	10.34%	54.62%	-44.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.82%	53.31%	-39.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.62%	53.31%	-36.69%

VTV vs. WNTR - Expense Ratio Comparison

VTV has a 0.04% expense ratio, which is lower than WNTR's 1.00% expense ratio.

Dividends

VTV vs. WNTR - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.83%, less than WNTR's 109.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VTV Vanguard Value ETF	1.83%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%
WNTR YieldMax MSTR Short Option Income Strategy ETF	109.83%	58.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VTV and WNTR in my portfolio?

VTV and WNTR have a correlation of -0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTV or WNTR?

WNTR has higher volatility (13.23%) compared to VTV (2.83%). In terms of maximum drawdown, VTV dropped -59.27% vs WNTR's -42.65%.

Which ETF is better, VTV or WNTR?

On 1-year performance, WNTR leads with 106.98% vs 28.99% for VTV. On fees, VTV is cheaper at 0.04% per year. On volatility, VTV has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTV or WNTR?

Over the 1-year period, WNTR has performed better with a 106.98% return vs 28.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTV or WNTR?

VTV is cheaper with a 0.04% expense ratio, compared with 1.00% for WNTR.

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

WNTR has the higher dividend yield at 109.83%, compared with 1.83% for VTV.

What is the main difference between VTV and WNTR?

VTV is categorized as Large Cap Value Equities, while WNTR is Derivative Income. They also come from different issuers: Vanguard and YieldMax. Their fees differ too: 0.04% for VTV and 1.00% for WNTR.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.83 vs 1.97), 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.