WEBL vs. WNTR
WEBL (Daily Dow Jones Internet Bull 3X Shares) and WNTR (YieldMax MSTR Short Option Income Strategy ETF) are both exchange-traded funds - WEBL is a Leveraged Equities fund tracking the Dow Jones Internet Composite Index (300%), while WNTR is a Derivative Income fund actively managed by YieldMax. WEBL is passively managed, while WNTR is actively managed. Over the past year, WEBL returned -1.72% vs 106.92% for WNTR. Their -0.39 correlation means they have often moved in opposite directions in the past. WEBL charges 1.17%/yr vs 1.00%/yr for WNTR.
Performance
WEBL vs. WNTR - Performance Comparison
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Returns By Period
In the year-to-date period, WEBL achieves a 0.79% return, which is significantly lower than WNTR's 10.51% return.
WEBL
- 1D
- 9.12%
- 1M
- 16.81%
- 6M
- 10.93%
- YTD
- 0.79%
- 1Y
- -1.72%
- 3Y*
- 31.94%
- 5Y*
- -19.94%
- 10Y*
- —
- ALL TIME*
- 2.02%
WNTR
- 1D
- -0.22%
- 1M
- 7.89%
- 6M
- 8.31%
- YTD
- 10.51%
- 1Y
- 106.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 47.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.15M | $4.84M | $6.44M | |
| $3.92M | $3.66M | $3.95M |
WEBL vs. WNTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WEBL Daily Dow Jones Internet Bull 3X Shares | 0.79% | 24.57% |
WNTR YieldMax MSTR Short Option Income Strategy ETF | 10.51% | 52.78% |
Correlation
The correlation between WEBL and WNTR is -0.39, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.39 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025 | -0.39 |
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Return for Risk
WEBL vs. WNTR — Risk / Return Rank
WEBL
WNTR
WEBL vs. WNTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bull 3X Shares (WEBL) and YieldMax MSTR Short 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.
| WEBL | WNTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.30 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 2.52 | -2.55 |
| Martin ratioReturn relative to average drawdown | -0.06 | 6.38 | -6.44 |
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Drawdowns
WEBL vs. WNTR - Drawdown Comparison
The maximum WEBL drawdown since its inception was -94.44%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for WEBL and WNTR.
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Drawdown Indicators
| WEBL | WNTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.44% | -42.65% | -51.79% |
Max Drawdown (1Y)Largest decline over 1 year | -56.57% | -42.65% | -13.92% |
Max Drawdown (3Y)Largest decline over 3 years | -60.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -94.44% | — | — |
Current DrawdownCurrent decline from peak | -70.33% | -9.84% | -60.49% |
Average DrawdownAverage peak-to-trough decline | -59.21% | -20.15% | -39.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.95% | 16.83% | +12.12% |
Volatility
WEBL vs. WNTR - Volatility Comparison
Daily Dow Jones Internet Bull 3X Shares (WEBL) has a higher volatility of 19.20% compared to YieldMax MSTR Short Option Income Strategy ETF (WNTR) at 13.00%. This indicates that WEBL's price experiences larger fluctuations and is considered to be riskier than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEBL | WNTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.20% | 13.00% | +6.20% |
Volatility (6M)Calculated over the trailing 6-month period | 49.14% | 47.22% | +1.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.73% | 54.66% | +6.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.30% | 53.34% | +27.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.59% | 53.34% | +29.25% |
WEBL vs. WNTR - Expense Ratio Comparison
WEBL has a 1.17% expense ratio, which is higher than WNTR's 1.00% expense ratio.
Dividends
WEBL vs. WNTR - Dividend Comparison
WEBL's dividend yield for the trailing twelve months is around 0.16%, less than WNTR's 107.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
WEBL Daily Dow Jones Internet Bull 3X Shares | 0.16% | 0.25% | 0.00% | 0.00% | 0.00% | 4.79% | 0.00% | 0.06% |
WNTR YieldMax MSTR Short Option Income Strategy ETF | 107.26% | 58.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WEBL and WNTR have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WEBL has higher volatility (19.20%) compared to WNTR (13.00%). In terms of maximum drawdown, WEBL dropped -94.44% vs WNTR's -42.65%.
On 1-year performance, WNTR leads with 106.92% vs -1.72% for WEBL. On fees, WNTR is cheaper at 1.00% per year. On volatility, WNTR has been the lower-risk option at 13.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, WNTR has performed better with a 106.92% return vs -1.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WNTR is cheaper with a 1.00% expense ratio, compared with 1.17% for WEBL.
WNTR has the higher dividend yield at 107.26%, compared with 0.16% for WEBL.
WEBL is categorized as Leveraged Equities, while WNTR is Derivative Income. They also come from different issuers: Direxion and YieldMax. Their fees differ too: 1.17% for WEBL and 1.00% for WNTR.
WNTR currently has the higher Sharpe Ratio (1.97 vs -0.03), 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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