WCBR vs. WNTR

Last updated Jul 15, 2026

WCBR (WisdomTree Cybersecurity Fund) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - WCBR is a Technology Equities fund tracking the WisdomTree Team8 Cybersecurity Index, while WNTR is a Derivative Income fund actively managed by YieldMax. WCBR is passively managed, while WNTR is actively managed. Over the past year, WCBR returned 31.83% vs 119.74% for WNTR. At a correlation of -0.31, they often move in opposite directions. WCBR charges 0.45%/yr vs 1.01%/yr for WNTR.

Performance

WCBR vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cybersecurity Fund (WCBR) and YieldMax Short MSTR 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, WCBR achieves a 45.22% return, which is significantly higher than WNTR's 5.96% return.

WCBR

• 1D: 6.08%
• 1M: 24.48%
• 6M: 44.92%
• YTD: 45.22%
• 1Y: 31.83%
• 3Y*: 27.07%
• 5Y*: 10.74%
• 10Y*: —

WNTR

• 1D: -3.79%
• 1M: 13.60%
• 6M: 16.72%
• YTD: 5.96%
• 1Y: 119.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WCBR vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
WCBR WisdomTree Cybersecurity Fund	45.22%	-2.98%
WNTR YieldMax Short MSTR Option Income Strategy ETF	5.96%	52.78%

Correlation

The correlation between WCBR and WNTR is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.30
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.31

Return for Risk

WCBR vs. WNTR — Risk / Return Rank

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

WCBR

WCBR Risk / Return Rank: 29
WCBR Sharpe Ratio Rank: 32
WCBR Sortino Ratio Rank: 32
WCBR Omega Ratio Rank: 32
WCBR Calmar Ratio Rank: 27
WCBR Martin Ratio Rank: 24

WNTR

WNTR Risk / Return Rank: 70
WNTR Sharpe Ratio Rank: 87
WNTR Sortino Ratio Rank: 67
WNTR Omega Ratio Rank: 72
WNTR Calmar Ratio Rank: 71
WNTR Martin Ratio Rank: 53

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.

WCBR vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cybersecurity Fund (WCBR) and YieldMax Short MSTR 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.

	WCBR	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	0.94	2.24	-1.30
Sortino ratio: Return per unit of downside risk	1.43	2.46	-1.03
Omega ratio: Gain probability vs. loss probability	1.18	1.34	-0.16
Calmar ratio: Return relative to maximum drawdown	1.07	2.82	-1.76
Martin ratio: Return relative to average drawdown	2.41	7.24	-4.83

WCBR vs. WNTR - Sharpe Ratio Comparison

The current WCBR Sharpe Ratio is 0.94, which is lower than the WNTR Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of WCBR 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

WCBR vs. WNTR - Drawdown Comparison

The maximum WCBR drawdown since its inception was -52.25%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for WCBR and WNTR.

Drawdown Indicators

	WCBR	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-52.25%	-42.65%	-9.60%
Max Drawdown (1Y) Largest decline over 1 year	-29.92%	-42.65%	+12.73%
Max Drawdown (3Y) Largest decline over 3 years	-30.27%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-52.25%	—	—
Current Drawdown Current decline from peak	0.00%	-13.55%	+13.55%
Average Drawdown Average peak-to-trough decline	-20.09%	-20.51%	+0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.22%	16.60%	-3.38%

Volatility

WCBR vs. WNTR - Volatility Comparison

The current volatility for WisdomTree Cybersecurity Fund (WCBR) is 10.81%, while YieldMax Short MSTR Option Income Strategy ETF (WNTR) has a volatility of 19.07%. This indicates that WCBR 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

	WCBR	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.81%	19.07%	-8.26%
Volatility (6M) Calculated over the trailing 6-month period	29.33%	47.38%	-18.05%
Volatility (1Y) Calculated over the trailing 1-year period	33.89%	53.89%	-20.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.00%	53.60%	-19.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.70%	53.60%	-19.90%

WCBR vs. WNTR - Expense Ratio Comparison

WCBR has a 0.45% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

WCBR vs. WNTR - Dividend Comparison

WCBR has not paid dividends to shareholders, while WNTR's dividend yield for the trailing twelve months is around 106.17%.

Position	TTM	2025	2024	2023	2022	2021
WCBR WisdomTree Cybersecurity Fund	0.00%	0.00%	0.02%	0.00%	0.03%	0.43%
WNTR YieldMax Short MSTR Option Income Strategy ETF	106.17%	58.56%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCBR and WNTR in my portfolio?

WCBR and WNTR have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WCBR or WNTR?

WNTR has higher volatility (19.07%) compared to WCBR (10.81%). In terms of maximum drawdown, WCBR dropped -52.25% vs WNTR's -42.65%.

Which ETF is better, WCBR or WNTR?

On 1-year performance, WNTR leads with 119.74% vs 31.83% for WCBR. On fees, WCBR is cheaper at 0.45% per year. On volatility, WCBR has been the lower-risk option at 10.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WCBR or WNTR?

Over the 1-year period, WNTR has performed better with a 119.74% return vs 31.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WCBR or WNTR?

WCBR is cheaper with a 0.45% expense ratio, compared with 1.01% for WNTR.

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

WNTR has the higher dividend yield at 106.17%, compared with 0.00% for WCBR.

What is the main difference between WCBR and WNTR?

WCBR is categorized as Technology Equities, while WNTR is Derivative Income. They also come from different issuers: WisdomTree and YieldMax. Their fees differ too: 0.45% for WCBR and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.24 vs 0.94), 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.