WEIX vs. CWO.NEO

Last updated Jun 4, 2026

WEIX (Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF) and CWO.NEO (iShares Emerging Markets Fundamental Index ETF) are both exchange-traded funds - WEIX is a Volatility fund actively managed by Dynamic Shares Trust, while CWO.NEO is a Emerging Markets Equities fund tracking the FTSE RAFI Emerging Markets Index. WEIX is actively managed, while CWO.NEO is passively managed. WEIX charges 0.50%/yr vs 0.73%/yr for CWO.NEO.

Performance

WEIX vs. CWO.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) and iShares Emerging Markets Fundamental Index ETF (CWO.NEO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WEIX is traded in USD, while CWO.NEO is traded in CAD. To make them comparable, the CWO.NEO values have been converted to USD using the latest available exchange rates.

Returns By Period

WEIX

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CWO.NEO

• 1D: -1.82%
• 1M: 2.06%
• YTD: 12.40%
• 6M: 13.49%
• 1Y: 33.59%
• 3Y*: 21.65%
• 5Y*: 8.46%
• 10Y*: 10.63%

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

WEIX vs. CWO.NEO - Yearly Performance Comparison

	2026 (YTD)
WEIX Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF	0.00%
CWO.NEO iShares Emerging Markets Fundamental Index ETF	3.59%

Return for Risk

WEIX vs. CWO.NEO — Risk / Return Rank

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

CWO.NEO

CWO.NEO Risk / Return Rank: 68
CWO.NEO Sharpe Ratio Rank: 70
CWO.NEO Sortino Ratio Rank: 66
CWO.NEO Omega Ratio Rank: 72
CWO.NEO Calmar Ratio Rank: 66
CWO.NEO Martin Ratio Rank: 68

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.

WEIX vs. CWO.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) and iShares Emerging Markets Fundamental Index ETF (CWO.NEO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WEIX	CWO.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.07	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.46	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.30	—

Drawdowns

WEIX vs. CWO.NEO - Drawdown Comparison

The maximum WEIX drawdown since its inception was 0.00%, smaller than the maximum CWO.NEO drawdown of -55.27%. Use the drawdown chart below to compare losses from any high point for WEIX and CWO.NEO.

Drawdown Indicators

	WEIX	CWO.NEO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-55.27%	+55.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.94%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.79%	—
Current Drawdown Current decline from peak	0.00%	-1.82%	+1.82%
Average Drawdown Average peak-to-trough decline	0.00%	-17.73%	+17.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.98%	—

Volatility

Volatility by Period

	WEIX	CWO.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	16.28%	-16.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	18.65%	-18.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	19.92%	-19.92%

WEIX vs. CWO.NEO - Expense Ratio Comparison

WEIX has a 0.50% expense ratio, which is lower than CWO.NEO's 0.73% expense ratio.

Dividends

WEIX vs. CWO.NEO - Dividend Comparison

WEIX has not paid dividends to shareholders, while CWO.NEO's dividend yield for the trailing twelve months is around 2.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CWO.NEO iShares Emerging Markets Fundamental Index ETF	2.45%	2.79%	3.50%	4.14%	5.03%	4.61%	2.64%	3.01%	3.22%	2.60%	2.57%	3.23%
WEIX Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, WEIX or CWO.NEO?

On fees, WEIX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WEIX or CWO.NEO?

WEIX is cheaper with a 0.50% expense ratio, compared with 0.73% for CWO.NEO.

What is the main difference between WEIX and CWO.NEO?

WEIX is categorized as Volatility, while CWO.NEO is Emerging Markets Equities. They also come from different issuers: Dynamic Shares Trust and iShares. Their fees differ too: 0.50% for WEIX and 0.73% for CWO.NEO.