WBIG vs. COPY

Last updated Aug 5, 2026

WBIG (WBI BullBear Yield 3000 ETF) and COPY (Tweedy, Browne Insider + Value ETF) are both Global Equities funds. Both are actively managed. Over the past year, WBIG returned 22.57% vs 37.31% for COPY. Their 0.68 correlation means they have sometimes moved together and sometimes differently. WBIG charges 1.14%/yr vs 0.80%/yr for COPY.

Performance

WBIG vs. COPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WBI BullBear Yield 3000 ETF (WBIG) and Tweedy, Browne Insider + Value ETF (COPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WBIG achieves a 14.06% return, which is significantly lower than COPY's 22.95% return.

WBIG

• 1D: 1.12%
• 1M: 2.66%
• 6M: 11.33%
• YTD: 14.06%
• 1Y: 22.57%
• 3Y*: 6.47%
• 5Y*: 1.37%
• 10Y*: 4.43%
• ALL TIME*: 2.03%

COPY

• 1D: 0.95%
• 1M: 6.07%
• 6M: 14.68%
• YTD: 22.95%
• 1Y: 37.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 33.74%

*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)
COPY Tweedy, Browne Insider + Value ETF	$3.09M	$2.34M	$2.01M
WBIG WBI BullBear Yield 3000 ETF	$1.26M	$631.30K	$282.54K

WBIG vs. COPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WBIG WBI BullBear Yield 3000 ETF	14.06%	-0.39%	-1.40%
COPY Tweedy, Browne Insider + Value ETF	22.95%	29.52%	0.05%

Correlation

The correlation between WBIG and COPY is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.65
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	0.68

The correlation between WBIG and COPY has been stable across timeframes, ranging from 0.65 to 0.68 - a consistent structural relationship.

Return for Risk

WBIG vs. COPY — Risk / Return Rank

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

WBIG

WBIG Risk / Return Rank: 88
WBIG Sharpe Ratio Rank: 86
WBIG Sortino Ratio Rank: 87
WBIG Omega Ratio Rank: 86
WBIG Calmar Ratio Rank: 92
WBIG Martin Ratio Rank: 87

COPY

COPY Risk / Return Rank: 93
COPY Sharpe Ratio Rank: 94
COPY Sortino Ratio Rank: 94
COPY Omega Ratio Rank: 93
COPY Calmar Ratio Rank: 90
COPY Martin Ratio Rank: 92

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.

WBIG vs. COPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WBI BullBear Yield 3000 ETF (WBIG) and Tweedy, Browne Insider + Value ETF (COPY). 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.

	WBIG	COPY	Difference
Sharpe ratio: Return per unit of total volatility	2.25	2.85	-0.60
Sortino ratio: Return per unit of downside risk	3.22	4.08	-0.85
Omega ratio: Gain probability vs. loss probability	1.41	1.51	-0.09
Calmar ratio: Return relative to maximum drawdown	4.48	4.14	+0.34
Martin ratio: Return relative to average drawdown	14.28	16.94	-2.66

WBIG vs. COPY - Sharpe Ratio Comparison

The current WBIG Sharpe Ratio is 2.25, which is comparable to the COPY Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of WBIG and COPY, 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

WBIG vs. COPY - Drawdown Comparison

The maximum WBIG drawdown since its inception was -25.32%, which is greater than COPY's maximum drawdown of -14.05%. Use the drawdown chart below to compare losses from any high point for WBIG and COPY.

Drawdown Indicators

	WBIG	COPY	Difference
Max Drawdown Largest peak-to-trough decline	-25.32%	-14.05%	-11.27%
Max Drawdown (1Y) Largest decline over 1 year	-5.06%	-9.07%	+4.01%
Max Drawdown (3Y) Largest decline over 3 years	-20.20%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.32%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.32%	—	—
Current Drawdown Current decline from peak	-0.11%	0.00%	-0.11%
Average Drawdown Average peak-to-trough decline	-10.81%	-1.48%	-9.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	2.21%	-0.63%

Volatility

WBIG vs. COPY - Volatility Comparison

The current volatility for WBI BullBear Yield 3000 ETF (WBIG) is 3.15%, while Tweedy, Browne Insider + Value ETF (COPY) has a volatility of 3.81%. This indicates that WBIG experiences smaller price fluctuations and is considered to be less risky than COPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WBIG	COPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.15%	3.81%	-0.66%
Volatility (6M) Calculated over the trailing 6-month period	7.09%	10.22%	-3.13%
Volatility (1Y) Calculated over the trailing 1-year period	10.10%	13.17%	-3.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.98%	16.94%	-4.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.59%	16.94%	-5.35%

WBIG vs. COPY - Expense Ratio Comparison

WBIG has a 1.14% expense ratio, which is higher than COPY's 0.80% expense ratio.

Dividends

WBIG vs. COPY - Dividend Comparison

WBIG's dividend yield for the trailing twelve months is around 0.97%, more than COPY's 0.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COPY Tweedy, Browne Insider + Value ETF	0.78%	0.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WBIG WBI BullBear Yield 3000 ETF	0.97%	1.74%	2.05%	1.74%	1.29%	2.94%	0.90%	1.87%	1.20%	1.27%	0.96%	1.41%

Frequently Asked Questions

Can I hold both WBIG and COPY in my portfolio?

WBIG and COPY have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WBIG or COPY?

COPY has higher volatility (3.81%) compared to WBIG (3.15%). In terms of maximum drawdown, WBIG dropped -25.32% vs COPY's -14.05%.

Which ETF is better, WBIG or COPY?

On 1-year performance, COPY leads with 37.31% vs 22.57% for WBIG. On fees, COPY is cheaper at 0.80% per year. On volatility, WBIG has been the lower-risk option at 3.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WBIG or COPY?

Over the 1-year period, COPY has performed better with a 37.31% return vs 22.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WBIG or COPY?

COPY is cheaper with a 0.80% expense ratio, compared with 1.14% for WBIG.

Which ETF pays a higher dividend yield, WBIG or COPY?

WBIG has the higher dividend yield at 0.97%, compared with 0.78% for COPY.

What is the main difference between WBIG and COPY?

They also come from different issuers: WBI and Tweedy, Browne. Their fees differ too: 1.14% for WBIG and 0.80% for COPY.

Which has better risk-adjusted returns?

COPY currently has the higher Sharpe Ratio (2.85 vs 2.25), 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.