WMTI vs. ZHDG
WMTI (REX WMT Growth & Income ETF) and ZHDG (ZEGA Buy and Hedge ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.09, they often move in opposite directions. WMTI charges 0.99%/yr vs 0.98%/yr for ZHDG.
Performance
WMTI vs. ZHDG - Performance Comparison
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Returns By Period
In the year-to-date period, WMTI achieves a -0.96% return, which is significantly lower than ZHDG's 4.14% return.
WMTI
- 1D
- 0.69%
- 1M
- -6.82%
- 6M
- -5.95%
- YTD
- -0.96%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ZHDG
- 1D
- -0.35%
- 1M
- 1.22%
- 6M
- 3.45%
- YTD
- 4.14%
- 1Y
- 12.56%
- 3Y*
- 12.60%
- 5Y*
- 5.61%
- 10Y*
- —
WMTI vs. ZHDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WMTI REX WMT Growth & Income ETF | -0.96% | 9.99% |
ZHDG ZEGA Buy and Hedge ETF | 4.14% | -0.25% |
Correlation
The correlation between WMTI and ZHDG is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| 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. ZHDG — Risk / Return Rank
WMTI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ZHDG
WMTI vs. ZHDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for REX WMT Growth & Income ETF (WMTI) and ZEGA Buy and Hedge ETF (ZHDG). 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 | ZHDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.47 | — |
| Martin ratioReturn relative to average drawdown | — | 5.78 | — |
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Drawdowns
WMTI vs. ZHDG - Drawdown Comparison
The maximum WMTI drawdown since its inception was -20.60%, smaller than the maximum ZHDG drawdown of -23.27%. Use the drawdown chart below to compare losses from any high point for WMTI and ZHDG.
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Drawdown Indicators
| WMTI | ZHDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.60% | -23.27% | +2.67% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.56% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.63% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.27% | — |
Current DrawdownCurrent decline from peak | -16.37% | -1.53% | -14.84% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -8.03% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.18% | — |
Volatility
WMTI vs. ZHDG - Volatility Comparison
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Volatility by Period
| WMTI | ZHDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.69% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.98% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.90% | 10.85% | +17.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.90% | 11.79% | +16.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.90% | 11.79% | +16.11% |
WMTI vs. ZHDG - Expense Ratio Comparison
WMTI has a 0.99% expense ratio, which is higher than ZHDG's 0.98% expense ratio.
Dividends
WMTI vs. ZHDG - Dividend Comparison
WMTI's dividend yield for the trailing twelve months is around 26.01%, more than ZHDG's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
WMTI REX WMT Growth & Income ETF | 26.01% | 3.36% | 0.00% | 0.00% | 0.00% | 0.00% |
ZHDG ZEGA Buy and Hedge ETF | 2.46% | 2.57% | 2.59% | 1.52% | 3.58% | 1.33% |
Frequently Asked Questions
WMTI and ZHDG 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, ZHDG is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZHDG is cheaper with a 0.98% expense ratio, compared with 0.99% for WMTI.
WMTI has the higher dividend yield at 26.01%, compared with 2.46% for ZHDG.
They also come from different issuers: REX and ZEGA. Their fees differ too: 0.99% for WMTI and 0.98% for ZHDG.
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