WBIL vs. WRND

Last updated Apr 1, 2026

Compare and contrast key facts about WBI BullBear Quality 3000 ETF (WBIL) and IQ Global Equity R&D Leaders ETF (WRND).

WBIL and WRND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WBIL is an actively managed fund by WBI. It was launched on Sep 3, 2014. WRND is a passively managed fund by IndexIQ that tracks the performance of the IQ Global Equity R&D Leaders Index - Benchmark TR Net. It was launched on Feb 8, 2022.

Performance

WBIL vs. WRND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WBI BullBear Quality 3000 ETF (WBIL) and IQ Global Equity R&D Leaders ETF (WRND). The values are adjusted to include any dividend payments, if applicable.

WBIL vs. WRND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WBIL WBI BullBear Quality 3000 ETF	-3.45%	-0.47%	13.29%	11.79%	-10.12%
WRND IQ Global Equity R&D Leaders ETF	-3.11%	27.72%	13.46%	34.85%	-19.17%

Returns By Period

In the year-to-date period, WBIL achieves a -3.45% return, which is significantly lower than WRND's -3.11% return.

WBIL

• 1D: 2.26%
• 1M: -7.61%
• YTD: -3.45%
• 6M: -2.18%
• 1Y: 5.84%
• 3Y*: 6.65%
• 5Y*: 3.51%
• 10Y*: 5.13%

WRND

• 1D: 4.07%
• 1M: -6.90%
• YTD: -3.11%
• 6M: -0.04%
• 1Y: 22.97%
• 3Y*: 17.80%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WBIL vs. WRND - Expense Ratio Comparison

WBIL has a 1.23% expense ratio, which is higher than WRND's 0.18% expense ratio.

WBIL

WBI BullBear Quality 3000 ETF

WRND

IQ Global Equity R&D Leaders ETF

Return for Risk

WBIL vs. WRND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WBIL

WBIL Risk / Return Rank: 23
WBIL Sharpe Ratio Rank: 23
WBIL Sortino Ratio Rank: 21
WBIL Omega Ratio Rank: 22
WBIL Calmar Ratio Rank: 24
WBIL Martin Ratio Rank: 24

WRND

WRND Risk / Return Rank: 65
WRND Sharpe Ratio Rank: 63
WRND Sortino Ratio Rank: 65
WRND Omega Ratio Rank: 62
WRND Calmar Ratio Rank: 68
WRND Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WBIL vs. WRND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WBI BullBear Quality 3000 ETF (WBIL) and IQ Global Equity R&D Leaders ETF (WRND). 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.

	WBIL	WRND	Difference
Sharpe ratio Return per unit of total volatility	0.38	1.12	-0.74
Sortino ratio Return per unit of downside risk	0.57	1.67	-1.09
Omega ratio Gain probability vs. loss probability	1.08	1.23	-0.15
Calmar ratio Return relative to maximum drawdown	0.53	1.75	-1.22
Martin ratio Return relative to average drawdown	1.80	6.86	-5.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WBIL vs. WRND - Sharpe Ratio Comparison

The current WBIL Sharpe Ratio is 0.38, which is lower than the WRND Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of WBIL and WRND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WBIL	WRND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.38	1.12	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.58	-0.32

Correlation

The correlation between WBIL and WRND is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

WBIL vs. WRND - Dividend Comparison

WBIL's dividend yield for the trailing twelve months is around 0.05%, less than WRND's 1.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WBIL WBI BullBear Quality 3000 ETF	0.05%	0.05%	0.07%	0.29%	1.03%	2.02%	0.19%	0.73%	0.75%	0.83%	0.58%	0.20%
WRND IQ Global Equity R&D Leaders ETF	1.18%	1.29%	1.15%	2.06%	2.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

WBIL vs. WRND - Drawdown Comparison

The maximum WBIL drawdown since its inception was -25.30%, smaller than the maximum WRND drawdown of -27.16%. Use the drawdown chart below to compare losses from any high point for WBIL and WRND.

Drawdown Indicators

	WBIL	WRND	Difference
Max Drawdown Largest peak-to-trough decline	-25.30%	-27.16%	+1.86%
Max Drawdown (1Y) Largest decline over 1 year	-11.80%	-12.75%	+0.95%
Max Drawdown (5Y) Largest decline over 5 years	-25.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.30%	—	—
Current Drawdown Current decline from peak	-11.18%	-8.87%	-2.31%
Average Drawdown Average peak-to-trough decline	-7.02%	-6.16%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	3.26%	+0.23%

Volatility

WBIL vs. WRND - Volatility Comparison

The current volatility for WBI BullBear Quality 3000 ETF (WBIL) is 5.21%, while IQ Global Equity R&D Leaders ETF (WRND) has a volatility of 8.10%. This indicates that WBIL experiences smaller price fluctuations and is considered to be less risky than WRND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WBIL	WRND	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.21%	8.10%	-2.89%
Volatility (6M) Calculated over the trailing 6-month period	10.90%	13.20%	-2.30%
Volatility (1Y) Calculated over the trailing 1-year period	15.51%	20.59%	-5.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.53%	18.78%	-5.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.47%	18.78%	-6.31%