W vs. CEFS
W (Wayfair Inc.) is a stock, while CEFS (Saba Closed-End Funds ETF) is Actively Managed fund actively managed by Exchange Traded Concepts. Over the past 5 years, W returned -16.42%/yr vs 13.76%/yr for CEFS. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
W vs. CEFS - Performance Comparison
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Returns By Period
In the year-to-date period, W achieves a 7.13% return, which is significantly lower than CEFS's 13.51% return.
W
- 1D
- -7.33%
- 1M
- 15.44%
- 6M
- 18.34%
- YTD
- 7.13%
- 1Y
- 46.00%
- 3Y*
- 8.99%
- 5Y*
- -16.42%
- 10Y*
- 8.40%
- ALL TIME*
- 9.68%
CEFS
- 1D
- -0.55%
- 1M
- -0.97%
- 6M
- 12.32%
- YTD
- 13.51%
- 1Y
- 21.19%
- 3Y*
- 20.44%
- 5Y*
- 13.76%
- 10Y*
- —
- ALL TIME*
- 11.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.38M | $2.25M | $2.26M | |
| $518.85M | $361.53M | $319.80M |
W vs. CEFS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
W Wayfair Inc. | 7.13% | 126.56% | -28.17% | 87.60% | -82.69% | -15.87% | 149.87% | 0.32% | 12.22% | 13.78% |
CEFS Saba Closed-End Funds ETF | 13.51% | 16.67% | 23.48% | 20.99% | -7.08% | 17.86% | 3.40% | 28.41% | -9.97% | 7.92% |
Correlation
The correlation between W and CEFS is 0.36, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.36 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2017 | 0.32 |
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Return for Risk
W vs. CEFS — Risk / Return Rank
W
CEFS
W vs. CEFS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wayfair Inc. (W) and Saba Closed-End Funds ETF (CEFS). 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.
| W | CEFS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.35 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 3.75 | -2.86 |
| Martin ratioReturn relative to average drawdown | 1.82 | 12.84 | -11.02 |
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Drawdowns
W vs. CEFS - Drawdown Comparison
The maximum W drawdown since its inception was -93.01%, which is greater than CEFS's maximum drawdown of -38.99%. Use the drawdown chart below to compare losses from any high point for W and CEFS.
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Drawdown Indicators
| W | CEFS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.01% | -38.99% | -54.02% |
Max Drawdown (1Y)Largest decline over 1 year | -51.78% | -5.67% | -46.11% |
Max Drawdown (3Y)Largest decline over 3 years | -71.01% | -13.37% | -57.64% |
Max Drawdown (5Y)Largest decline over 5 years | -92.37% | -16.85% | -75.52% |
Max Drawdown (10Y)Largest decline over 10 years | -93.01% | — | — |
Current DrawdownCurrent decline from peak | -68.86% | -1.89% | -66.97% |
Average DrawdownAverage peak-to-trough decline | -44.79% | -3.63% | -41.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.28% | 1.65% | +23.63% |
Volatility
W vs. CEFS - Volatility Comparison
Wayfair Inc. (W) has a higher volatility of 33.83% compared to Saba Closed-End Funds ETF (CEFS) at 3.23%. This indicates that W's price experiences larger fluctuations and is considered to be riskier than CEFS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| W | CEFS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.83% | 3.23% | +30.60% |
Volatility (6M)Calculated over the trailing 6-month period | 57.92% | 9.48% | +48.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.36% | 10.93% | +61.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.79% | 13.24% | +68.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.89% | 15.30% | +60.59% |
Dividends
W vs. CEFS - Dividend Comparison
W has not paid dividends to shareholders, while CEFS's dividend yield for the trailing twelve months is around 7.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CEFS Saba Closed-End Funds ETF | 7.19% | 7.84% | 8.79% | 9.20% | 11.32% | 10.73% | 8.61% | 8.10% | 10.43% | 5.02% |
W Wayfair Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
W and CEFS have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
W has higher volatility (33.83%) compared to CEFS (3.23%). In terms of maximum drawdown, W dropped -93.01% vs CEFS's -38.99%.
CEFS currently has the higher Sharpe Ratio (1.95 vs 0.64), 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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