WATT vs. IAUI
WATT (Energous Corporation) is a stock, while IAUI (NEOS Gold High Income ETF) is Derivative Income fund actively managed by Neos. Over the past year, WATT returned 53.37% vs 12.91% for IAUI. At a 0.21 correlation, their price movements are largely independent.
Performance
WATT vs. IAUI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WATT achieves a 350.88% return, which is significantly higher than IAUI's -5.82% return.
WATT
- 1D
- -5.32%
- 1M
- -24.12%
- 6M
- 252.05%
- YTD
- 350.88%
- 1Y
- 53.37%
- 3Y*
- -51.87%
- 5Y*
- -59.10%
- 10Y*
- -45.50%
IAUI
- 1D
- -0.22%
- 1M
- -2.50%
- 6M
- -9.14%
- YTD
- -5.82%
- 1Y
- 12.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WATT vs. IAUI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WATT Energous Corporation | 350.88% | -52.57% |
IAUI NEOS Gold High Income ETF | -5.82% | 20.00% |
Correlation
The correlation between WATT and IAUI is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025 | 0.21 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WATT vs. IAUI — Risk / Return Rank
WATT
IAUI
WATT vs. IAUI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Energous Corporation (WATT) and NEOS Gold High Income ETF (IAUI). 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.
| WATT | IAUI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.14 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 0.61 | +0.20 |
| Martin ratioReturn relative to average drawdown | 1.39 | 1.66 | -0.27 |
Loading charts...
Drawdowns
WATT vs. IAUI - Drawdown Comparison
The maximum WATT drawdown since its inception was -99.98%, which is greater than IAUI's maximum drawdown of -22.50%. Use the drawdown chart below to compare losses from any high point for WATT and IAUI.
Loading charts...
Drawdown Indicators
| WATT | IAUI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.98% | -22.50% | -77.48% |
Max Drawdown (1Y)Largest decline over 1 year | -77.01% | -22.50% | -54.51% |
Max Drawdown (3Y)Largest decline over 3 years | -97.64% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -99.77% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.98% | — | — |
Current DrawdownCurrent decline from peak | -99.91% | -20.13% | -79.78% |
Average DrawdownAverage peak-to-trough decline | -73.19% | -4.86% | -68.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.70% | 8.24% | +36.46% |
Volatility
WATT vs. IAUI - Volatility Comparison
Energous Corporation (WATT) has a higher volatility of 30.30% compared to NEOS Gold High Income ETF (IAUI) at 7.99%. This indicates that WATT's price experiences larger fluctuations and is considered to be riskier than IAUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WATT | IAUI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.30% | 7.99% | +22.31% |
Volatility (6M)Calculated over the trailing 6-month period | 88.17% | 19.84% | +68.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 127.10% | 21.69% | +105.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 266.74% | 21.04% | +245.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 213.98% | 21.04% | +192.94% |
Dividends
WATT vs. IAUI - Dividend Comparison
WATT has not paid dividends to shareholders, while IAUI's dividend yield for the trailing twelve months is around 13.77%.
| Position | TTM | 2025 |
|---|---|---|
IAUI NEOS Gold High Income ETF | 13.77% | 6.88% |
WATT Energous Corporation | 0.00% | 0.00% |
Frequently Asked Questions
WATT and IAUI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WATT has higher volatility (30.30%) compared to IAUI (7.99%). In terms of maximum drawdown, WATT dropped -99.98% vs IAUI's -22.50%.
IAUI currently has the higher Sharpe Ratio (0.63 vs 0.50), 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.
Find the right allocation for WATT and IAUI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer