WRND vs. SROI

Last updated Jun 24, 2026

WRND (IQ Global Equity R&D Leaders ETF) and SROI (Calamos Antetokounmpo Global Sustainable Equities ETF) are both Global Equities funds. WRND is passively managed, while SROI is actively managed. Over the past 3 years, WRND returned 20.31%/yr vs 13.51%/yr for SROI. Their correlation of 0.92 suggests significant overlap in exposure. WRND charges 0.18%/yr vs 0.95%/yr for SROI.

Performance

WRND vs. SROI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ Global Equity R&D Leaders ETF (WRND) and Calamos Antetokounmpo Global Sustainable Equities ETF (SROI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WRND achieves a 11.07% return, which is significantly higher than SROI's 8.60% return.

WRND

• 1D: -2.64%
• 1M: -2.43%
• YTD: 11.07%
• 6M: 10.80%
• 1Y: 32.11%
• 3Y*: 20.31%
• 5Y*: —
• 10Y*: —

SROI

• 1D: -2.08%
• 1M: -0.84%
• YTD: 8.60%
• 6M: 8.34%
• 1Y: 18.17%
• 3Y*: 13.51%
• 5Y*: —
• 10Y*: —

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

WRND vs. SROI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WRND IQ Global Equity R&D Leaders ETF	11.07%	27.72%	13.46%	19.73%
SROI Calamos Antetokounmpo Global Sustainable Equities ETF	8.60%	16.36%	9.48%	9.06%

Correlation

The correlation between WRND and SROI is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Feb 6, 2023	0.92

The correlation between WRND and SROI has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

WRND vs. SROI - Sectors Allocation Comparison

Sectors	WRND	SROI
Technology	52.8%	31.4%
Industrials	12.9%	18.5%
Communication Services	12.4%	8.5%
Healthcare	11.3%	7.3%
Consumer Cyclical	8.3%	9.1%
Consumer Defensive	1.4%	4.9%
Basic Materials	0.9%	4.1%
Energy	-	0.8%
Financial Services	-	12.8%
Real Estate	-	1.0%
Utilities	-	2.4%

Return for Risk

WRND vs. SROI — Risk / Return Rank

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

WRND

WRND Risk / Return Rank: 57
WRND Sharpe Ratio Rank: 58
WRND Sortino Ratio Rank: 56
WRND Omega Ratio Rank: 53
WRND Calmar Ratio Rank: 57
WRND Martin Ratio Rank: 64

SROI

SROI Risk / Return Rank: 41
SROI Sharpe Ratio Rank: 39
SROI Sortino Ratio Rank: 39
SROI Omega Ratio Rank: 38
SROI Calmar Ratio Rank: 38
SROI Martin Ratio Rank: 48

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.

WRND vs. SROI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ Global Equity R&D Leaders ETF (WRND) and Calamos Antetokounmpo Global Sustainable Equities ETF (SROI). 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.

	WRND	SROI	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.29	+0.50
Sortino ratio: Return per unit of downside risk	2.44	1.86	+0.58
Omega ratio: Gain probability vs. loss probability	1.31	1.23	+0.07
Calmar ratio: Return relative to maximum drawdown	2.59	1.79	+0.80
Martin ratio: Return relative to average drawdown	10.58	7.56	+3.03

WRND vs. SROI - Sharpe Ratio Comparison

The current WRND Sharpe Ratio is 1.79, which is higher than the SROI Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of WRND and SROI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WRND vs. SROI - Drawdown Comparison

The maximum WRND drawdown since its inception was -27.16%, which is greater than SROI's maximum drawdown of -15.38%. Use the drawdown chart below to compare losses from any high point for WRND and SROI.

Drawdown Indicators

	WRND	SROI	Difference
Max Drawdown Largest peak-to-trough decline	-27.16%	-15.38%	-11.78%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-10.19%	-2.24%
Max Drawdown (3Y) Largest decline over 3 years	-18.41%	-15.38%	-3.03%
Current Drawdown Current decline from peak	-5.09%	-2.91%	-2.18%
Average Drawdown Average peak-to-trough decline	-5.94%	-2.41%	-3.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.41%	+0.63%

Volatility

WRND vs. SROI - Volatility Comparison

IQ Global Equity R&D Leaders ETF (WRND) has a higher volatility of 7.45% compared to Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) at 5.54%. This indicates that WRND's price experiences larger fluctuations and is considered to be riskier than SROI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WRND	SROI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.45%	5.54%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	14.89%	11.83%	+3.06%
Volatility (1Y) Calculated over the trailing 1-year period	18.03%	14.16%	+3.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.98%	14.04%	+4.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.98%	14.04%	+4.94%

WRND vs. SROI - Expense Ratio Comparison

WRND has a 0.18% expense ratio, which is lower than SROI's 0.95% expense ratio.

Dividends

WRND vs. SROI - Dividend Comparison

WRND's dividend yield for the trailing twelve months is around 1.03%, more than SROI's 0.55% yield.

Position	TTM	2025	2024	2023	2022
SROI Calamos Antetokounmpo Global Sustainable Equities ETF	0.55%	0.60%	0.68%	0.94%	0.00%
WRND IQ Global Equity R&D Leaders ETF	1.03%	1.29%	1.15%	2.06%	2.06%

Frequently Asked Questions

Can I hold both WRND and SROI in my portfolio?

With a correlation of 0.93, WRND and SROI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WRND or SROI?

WRND has higher volatility (7.45%) compared to SROI (5.54%). In terms of maximum drawdown, WRND dropped -27.16% vs SROI's -15.38%.

Which ETF is better, WRND or SROI?

On 3-year performance, WRND leads with 20.31% vs 13.51% for SROI. On fees, WRND is cheaper at 0.18% per year. On volatility, SROI has been the lower-risk option at 5.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WRND or SROI?

Over the 3-year period, WRND has performed better with a 20.31% return vs 13.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WRND or SROI?

WRND is cheaper with a 0.18% expense ratio, compared with 0.95% for SROI.

Which ETF pays a higher dividend yield, WRND or SROI?

WRND has the higher dividend yield at 1.03%, compared with 0.55% for SROI.

What is the main difference between WRND and SROI?

They also come from different issuers: IndexIQ and Calamos. Their fees differ too: 0.18% for WRND and 0.95% for SROI.

Which has better risk-adjusted returns?

WRND currently has the higher Sharpe Ratio (1.79 vs 1.29), 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.