WMTI vs. PBP
WMTI (REX WMT Growth & Income ETF) and PBP (Invesco S&P 500 BuyWrite ETF) are both Derivative Income funds. WMTI is actively managed, while PBP is passively managed. Their -0.09 correlation means they have often moved in opposite directions in the past. WMTI charges 0.99%/yr vs 0.29%/yr for PBP.
Performance
WMTI vs. PBP - Performance Comparison
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Returns By Period
In the year-to-date period, WMTI achieves a -4.04% return, which is significantly lower than PBP's 7.80% return.
WMTI
- 1D
- 0.21%
- 1M
- -0.50%
- 6M
- -9.07%
- YTD
- -4.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PBP
- 1D
- 0.22%
- 1M
- 1.70%
- 6M
- 6.52%
- YTD
- 7.80%
- 1Y
- 19.22%
- 3Y*
- 11.92%
- 5Y*
- 8.34%
- 10Y*
- 7.27%
- ALL TIME*
- 5.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.16M | $1.09M | $978.18K | |
| $616.62K | $528.80K | $959.03K |
WMTI vs. PBP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WMTI REX WMT Growth & Income ETF | -4.04% | 9.99% |
PBP Invesco S&P 500 BuyWrite ETF | 7.80% | 3.70% |
Correlation
The correlation between WMTI and PBP is -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025 | -0.09 |
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Return for Risk
WMTI vs. PBP — Risk / Return Rank
WMTI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PBP
WMTI vs. PBP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for REX WMT Growth & Income ETF (WMTI) and Invesco S&P 500 BuyWrite ETF (PBP). 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.
| WMTI | PBP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.51 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.45 | — |
| Martin ratioReturn relative to average drawdown | — | 17.72 | — |
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Drawdowns
WMTI vs. PBP - Drawdown Comparison
The maximum WMTI drawdown since its inception was -21.47%, smaller than the maximum PBP drawdown of -43.43%. Use the drawdown chart below to compare losses from any high point for WMTI and PBP.
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Drawdown Indicators
| WMTI | PBP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.47% | -43.43% | +21.96% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.22% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.31% | — |
Current DrawdownCurrent decline from peak | -18.97% | 0.00% | -18.97% |
Average DrawdownAverage peak-to-trough decline | -6.33% | -6.64% | +0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.02% | — |
Volatility
WMTI vs. PBP - Volatility Comparison
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Volatility by Period
| WMTI | PBP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.15% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.10% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.52% | 7.43% | +20.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 11.85% | +15.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.52% | 13.66% | +13.86% |
WMTI vs. PBP - Expense Ratio Comparison
WMTI has a 0.99% expense ratio, which is higher than PBP's 0.29% expense ratio.
Dividends
WMTI vs. PBP - Dividend Comparison
WMTI's dividend yield for the trailing twelve months is around 28.84%, more than PBP's 11.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBP Invesco S&P 500 BuyWrite ETF | 11.39% | 11.12% | 9.36% | 3.35% | 1.33% | 6.21% | 1.41% | 5.04% | 2.59% | 10.86% | 2.56% | 6.19% |
WMTI REX WMT Growth & Income ETF | 28.84% | 3.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WMTI and PBP have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBP is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBP is cheaper with a 0.29% expense ratio, compared with 0.99% for WMTI.
WMTI has the higher dividend yield at 28.84%, compared with 11.39% for PBP.
They also come from different issuers: REX and Invesco. Their fees differ too: 0.99% for WMTI and 0.29% for PBP.
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