WOMN vs. GARY

Last updated Jul 16, 2026

WOMN (Impact Shares YWCA Women’s Empowerment ETF) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. WOMN is passively managed, while GARY is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. WOMN charges 0.75%/yr vs 0.77%/yr for GARY.

Performance

WOMN vs. GARY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Impact Shares YWCA Women’s Empowerment ETF (WOMN) and Mango Growth ETF (GARY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WOMN achieves a 4.29% return, which is significantly lower than GARY's 31.13% return.

WOMN

• 1D: 0.03%
• 1M: 0.51%
• 6M: 3.53%
• YTD: 4.29%
• 1Y: 10.46%
• 3Y*: 12.79%
• 5Y*: 8.06%
• 10Y*: —

GARY

• 1D: -0.27%
• 1M: -1.58%
• 6M: 25.08%
• YTD: 31.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WOMN vs. GARY - Yearly Performance Comparison

	2026 (YTD)	2025
WOMN Impact Shares YWCA Women’s Empowerment ETF	4.29%	0.25%
GARY Mango Growth ETF	31.13%	0.15%

Correlation

The correlation between WOMN and GARY is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025	0.52

Return for Risk

WOMN vs. GARY — Risk / Return Rank

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

WOMN

WOMN Risk / Return Rank: 33
WOMN Sharpe Ratio Rank: 32
WOMN Sortino Ratio Rank: 31
WOMN Omega Ratio Rank: 30
WOMN Calmar Ratio Rank: 32
WOMN Martin Ratio Rank: 38

GARY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

WOMN vs. GARY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Impact Shares YWCA Women’s Empowerment ETF (WOMN) and Mango Growth ETF (GARY). 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.

	WOMN	GARY	Difference
Sharpe ratio: Return per unit of total volatility	0.99	—	—
Sortino ratio: Return per unit of downside risk	1.43	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.35	—	—
Martin ratio: Return relative to average drawdown	4.87	—	—

Drawdowns

WOMN vs. GARY - Drawdown Comparison

The maximum WOMN drawdown since its inception was -32.23%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for WOMN and GARY.

Drawdown Indicators

	WOMN	GARY	Difference
Max Drawdown Largest peak-to-trough decline	-32.23%	-10.28%	-21.95%
Max Drawdown (1Y) Largest decline over 1 year	-7.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.80%	—	—
Current Drawdown Current decline from peak	-0.71%	-4.43%	+3.72%
Average Drawdown Average peak-to-trough decline	-5.47%	-1.90%	-3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	—	—

Volatility

Volatility by Period

	WOMN	GARY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.70%	21.72%	-11.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.18%	21.72%	-5.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.60%	21.72%	-3.12%

WOMN vs. GARY - Expense Ratio Comparison

WOMN has a 0.75% expense ratio, which is lower than GARY's 0.77% expense ratio.

Dividends

WOMN vs. GARY - Dividend Comparison

WOMN's dividend yield for the trailing twelve months is around 0.83%, more than GARY's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
GARY Mango Growth ETF	0.04%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WOMN Impact Shares YWCA Women’s Empowerment ETF	0.83%	0.76%	1.08%	1.80%	5.59%	3.10%	6.15%	1.12%	0.90%

Frequently Asked Questions

Can I hold both WOMN and GARY in my portfolio?

WOMN and GARY have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WOMN or GARY?

On fees, WOMN is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WOMN or GARY?

WOMN is cheaper with a 0.75% expense ratio, compared with 0.77% for GARY.

Which ETF pays a higher dividend yield, WOMN or GARY?

WOMN has the higher dividend yield at 0.83%, compared with 0.04% for GARY.

What is the main difference between WOMN and GARY?

They also come from different issuers: Impact Shares and Mango. Their fees differ too: 0.75% for WOMN and 0.77% for GARY.