WLDR vs. WBIG

Last updated Jun 3, 2026

WLDR (Affinity World Leaders Equity ETF) and WBIG (WBI BullBear Yield 3000 ETF) are both Global Equities funds. WLDR is passively managed, while WBIG is actively managed. Over the past 5 years, WLDR returned 18.51%/yr vs 0.85%/yr for WBIG. A 0.63 correlation means they provide meaningful diversification when combined. WLDR charges 0.67%/yr vs 1.14%/yr for WBIG.

Performance

WLDR vs. WBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Affinity World Leaders Equity ETF (WLDR) and WBI BullBear Yield 3000 ETF (WBIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WLDR achieves a 31.09% return, which is significantly higher than WBIG's 9.69% return.

WLDR

• 1D: -0.28%
• 1M: 13.39%
• YTD: 31.09%
• 6M: 37.06%
• 1Y: 60.09%
• 3Y*: 33.25%
• 5Y*: 18.51%
• 10Y*: —

WBIG

• 1D: 0.07%
• 1M: 4.43%
• YTD: 9.69%
• 6M: 9.47%
• 1Y: 21.60%
• 3Y*: 6.56%
• 5Y*: 0.85%
• 10Y*: 3.92%

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

WLDR vs. WBIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WLDR Affinity World Leaders Equity ETF	31.09%	31.24%	22.74%	18.93%	-10.44%	26.77%	-1.93%	21.54%	-20.28%
WBIG WBI BullBear Yield 3000 ETF	9.69%	-0.39%	5.87%	-2.68%	-7.68%	16.04%	-3.30%	6.85%	-13.01%

Correlation

The correlation between WLDR and WBIG is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jan 18, 2018	0.63

The correlation between WLDR and WBIG shifts across timeframes, from 0.59 (1 year) to 0.69 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

WLDR vs. WBIG — Risk / Return Rank

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

WLDR

WLDR Risk / Return Rank: 94
WLDR Sharpe Ratio Rank: 95
WLDR Sortino Ratio Rank: 95
WLDR Omega Ratio Rank: 94
WLDR Calmar Ratio Rank: 93
WLDR Martin Ratio Rank: 94

WBIG

WBIG Risk / Return Rank: 70
WBIG Sharpe Ratio Rank: 65
WBIG Sortino Ratio Rank: 67
WBIG Omega Ratio Rank: 66
WBIG Calmar Ratio Rank: 80
WBIG Martin Ratio Rank: 71

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.

WLDR vs. WBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Affinity World Leaders Equity ETF (WLDR) and WBI BullBear Yield 3000 ETF (WBIG). 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.

	WLDR	WBIG	Difference
Sharpe ratio Return per unit of total volatility	4.04	2.21	+1.84
Sortino ratio Return per unit of downside risk	5.33	3.17	+2.15
Omega ratio Gain probability vs. loss probability	1.69	1.41	+0.28
Calmar ratio Return relative to maximum drawdown	6.84	4.24	+2.60
Martin ratio Return relative to average drawdown	27.78	13.40	+14.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WLDR vs. WBIG - Sharpe Ratio Comparison

The current WLDR Sharpe Ratio is 4.04, which is higher than the WBIG Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of WLDR and WBIG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WLDR	WBIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.04	2.21	+1.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.08	0.07	+1.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.15	+0.45

Drawdowns

WLDR vs. WBIG - Drawdown Comparison

The maximum WLDR drawdown since its inception was -44.69%, which is greater than WBIG's maximum drawdown of -25.32%. Use the drawdown chart below to compare losses from any high point for WLDR and WBIG.

Drawdown Indicators

	WLDR	WBIG	Difference
Max Drawdown Largest peak-to-trough decline	-44.69%	-25.32%	-19.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.86%	-5.06%	-3.80%
Max Drawdown (3Y) Largest decline over 3 years	-20.30%	-20.20%	-0.10%
Max Drawdown (5Y) Largest decline over 5 years	-23.77%	-25.32%	+1.55%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.32%	—
Current Drawdown Current decline from peak	-0.28%	-3.94%	+3.66%
Average Drawdown Average peak-to-trough decline	-8.63%	-10.92%	+2.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	1.60%	+0.58%

Volatility

WLDR vs. WBIG - Volatility Comparison

Affinity World Leaders Equity ETF (WLDR) has a higher volatility of 5.35% compared to WBI BullBear Yield 3000 ETF (WBIG) at 3.30%. This indicates that WLDR's price experiences larger fluctuations and is considered to be riskier than WBIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WLDR	WBIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.35%	3.30%	+2.05%
Volatility (6M) Calculated over the trailing 6-month period	12.06%	6.52%	+5.54%
Volatility (1Y) Calculated over the trailing 1-year period	14.94%	9.84%	+5.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.21%	12.04%	+5.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.94%	11.55%	+9.39%

WLDR vs. WBIG - Expense Ratio Comparison

WLDR has a 0.67% expense ratio, which is lower than WBIG's 1.14% expense ratio.

Dividends

WLDR vs. WBIG - Dividend Comparison

WLDR's dividend yield for the trailing twelve months is around 6.97%, more than WBIG's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WBIG WBI BullBear Yield 3000 ETF	1.20%	1.74%	2.05%	1.74%	1.29%	2.94%	0.90%	1.87%	1.20%	1.27%	0.96%	1.41%
WLDR Affinity World Leaders Equity ETF	6.97%	9.01%	13.99%	2.28%	2.10%	7.55%	1.80%	2.48%	2.82%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WLDR and WBIG in my portfolio?

WLDR and WBIG have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WLDR or WBIG?

WLDR has higher volatility (5.35%) compared to WBIG (3.30%). In terms of maximum drawdown, WLDR dropped -44.69% vs WBIG's -25.32%.

Which ETF is better, WLDR or WBIG?

On 5-year performance, WLDR leads with 18.51% vs 0.85% for WBIG. On fees, WLDR is cheaper at 0.67% per year. On volatility, WBIG has been the lower-risk option at 3.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WLDR or WBIG?

Over the 5-year period, WLDR has performed better with a 18.51% return vs 0.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WLDR or WBIG?

WLDR is cheaper with a 0.67% expense ratio, compared with 1.14% for WBIG.

Which ETF pays a higher dividend yield, WLDR or WBIG?

WLDR has the higher dividend yield at 6.97%, compared with 1.20% for WBIG.

What is the main difference between WLDR and WBIG?

They also come from different issuers: Regents Park Funds and WBI. Their fees differ too: 0.67% for WLDR and 1.14% for WBIG.

Which has better risk-adjusted returns?

WLDR currently has the higher Sharpe Ratio (4.04 vs 2.21), 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.