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. Their -0.09 correlation means they have often moved in opposite directions in the past. 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 -4.04% return, which is significantly lower than ZHDG's 3.70% return.
WMTI
- 1D
- 0.21%
- 1M
- -0.50%
- 6M
- -9.07%
- YTD
- -4.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ZHDG
- 1D
- 0.93%
- 1M
- 0.42%
- 6M
- 3.73%
- YTD
- 3.70%
- 1Y
- 12.63%
- 3Y*
- 11.96%
- 5Y*
- 5.50%
- 10Y*
- —
- ALL TIME*
- 5.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $616.62K | $528.80K | $959.03K | |
| $62.25K | $81.40K | $91.61K |
WMTI vs. ZHDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WMTI REX WMT Growth & Income ETF | -4.04% | 9.99% |
ZHDG ZEGA Buy and Hedge ETF | 3.70% | -0.25% |
Correlation
The correlation between WMTI and ZHDG 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. 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 | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.29 | — |
| Martin ratioReturn relative to average drawdown | — | 4.92 | — |
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Drawdowns
WMTI vs. ZHDG - Drawdown Comparison
The maximum WMTI drawdown since its inception was -21.47%, 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 | -21.47% | -23.27% | +1.80% |
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 | -18.97% | -1.95% | -17.02% |
Average DrawdownAverage peak-to-trough decline | -6.33% | -7.97% | +1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.24% | — |
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 | — | 3.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.12% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.52% | 11.22% | +16.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 11.84% | +15.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.52% | 11.80% | +15.72% |
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 28.84%, more than ZHDG's 2.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
WMTI REX WMT Growth & Income ETF | 28.84% | 3.36% | 0.00% | 0.00% | 0.00% | 0.00% |
ZHDG ZEGA Buy and Hedge ETF | 2.47% | 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 28.84%, compared with 2.47% for ZHDG.
They also come from different issuers: REX and Tidal. Their fees differ too: 0.99% for WMTI and 0.98% for ZHDG.
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