WFH vs. ITB
Compare and contrast key facts about Direxion Work From Home ETF (WFH) and iShares U.S. Home Construction ETF (ITB).
WFH and ITB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WFH is a passively managed fund by Direxion that tracks the performance of the Solactive Remote Work Index. It was launched on Jun 25, 2020. ITB is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Home Construction Index. It was launched on May 1, 2006. Both WFH and ITB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFH or ITB.
Correlation
The correlation between WFH and ITB is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WFH vs. ITB - Performance Comparison
Key characteristics
WFH:
0.40
ITB:
-0.34
WFH:
0.74
ITB:
-0.32
WFH:
1.10
ITB:
0.96
WFH:
0.30
ITB:
-0.29
WFH:
1.33
ITB:
-0.68
WFH:
7.98%
ITB:
14.45%
WFH:
26.63%
ITB:
28.34%
WFH:
-51.23%
ITB:
-86.53%
WFH:
-25.85%
ITB:
-28.19%
Returns By Period
The year-to-date returns for both stocks are quite close, with WFH having a -9.82% return and ITB slightly lower at -10.26%.
WFH
-9.82%
-6.48%
-2.87%
8.53%
N/A
N/A
ITB
-10.26%
-5.12%
-23.63%
-11.16%
24.24%
13.90%
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WFH vs. ITB - Expense Ratio Comparison
WFH has a 0.45% expense ratio, which is higher than ITB's 0.42% expense ratio.
Risk-Adjusted Performance
WFH vs. ITB — Risk-Adjusted Performance Rank
WFH
ITB
WFH vs. ITB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Work From Home ETF (WFH) and iShares U.S. Home Construction ETF (ITB). 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.
Dividends
WFH vs. ITB - Dividend Comparison
WFH's dividend yield for the trailing twelve months is around 0.54%, less than ITB's 1.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFH Direxion Work From Home ETF | 0.54% | 0.50% | 0.67% | 0.42% | 0.79% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ITB iShares U.S. Home Construction ETF | 1.07% | 0.46% | 0.48% | 0.86% | 0.37% | 0.46% | 0.50% | 0.63% | 0.28% | 0.43% | 0.34% | 0.34% |
Drawdowns
WFH vs. ITB - Drawdown Comparison
The maximum WFH drawdown since its inception was -51.23%, smaller than the maximum ITB drawdown of -86.53%. Use the drawdown chart below to compare losses from any high point for WFH and ITB. For additional features, visit the drawdowns tool.
Volatility
WFH vs. ITB - Volatility Comparison
Direxion Work From Home ETF (WFH) has a higher volatility of 18.12% compared to iShares U.S. Home Construction ETF (ITB) at 12.98%. This indicates that WFH's price experiences larger fluctuations and is considered to be riskier than ITB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.