WRND vs. VEGA
Compare and contrast key facts about IQ Global Equity R&D Leaders ETF (WRND) and AdvisorShares STAR Global Buy-Write ETF (VEGA).
WRND and VEGA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WRND is a passively managed fund by IndexIQ that tracks the performance of the IQ Global Equity R&D Leaders Index - Benchmark TR Net. It was launched on Feb 8, 2022. VEGA is an actively managed fund by AdvisorShares. It was launched on Sep 17, 2012.
Performance
WRND vs. VEGA - Performance Comparison
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WRND vs. VEGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WRND IQ Global Equity R&D Leaders ETF | -3.11% | 27.72% | 13.46% | 34.85% | -19.17% |
VEGA AdvisorShares STAR Global Buy-Write ETF | -1.70% | 15.83% | 11.20% | 15.12% | -12.06% |
Returns By Period
In the year-to-date period, WRND achieves a -3.11% return, which is significantly lower than VEGA's -1.70% return.
WRND
- 1D
- 4.07%
- 1M
- -6.90%
- YTD
- -3.11%
- 6M
- -0.04%
- 1Y
- 22.97%
- 3Y*
- 17.80%
- 5Y*
- —
- 10Y*
- —
VEGA
- 1D
- 2.04%
- 1M
- -4.55%
- YTD
- -1.70%
- 6M
- 0.52%
- 1Y
- 13.73%
- 3Y*
- 11.68%
- 5Y*
- 6.03%
- 10Y*
- 7.20%
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WRND vs. VEGA - Expense Ratio Comparison
WRND has a 0.18% expense ratio, which is lower than VEGA's 2.02% expense ratio.
Return for Risk
WRND vs. VEGA — Risk / Return Rank
WRND
VEGA
WRND vs. VEGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ Global Equity R&D Leaders ETF (WRND) and AdvisorShares STAR Global Buy-Write ETF (VEGA). 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.
| WRND | VEGA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 1.15 | -0.03 |
Sortino ratioReturn per unit of downside risk | 1.67 | 1.68 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.24 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.75 | 1.74 | +0.01 |
Martin ratioReturn relative to average drawdown | 6.86 | 8.16 | -1.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WRND | VEGA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 1.15 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.49 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.48 | +0.10 |
Correlation
The correlation between WRND and VEGA is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
WRND vs. VEGA - Dividend Comparison
WRND's dividend yield for the trailing twelve months is around 1.18%, less than VEGA's 1.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WRND IQ Global Equity R&D Leaders ETF | 1.18% | 1.29% | 1.15% | 2.06% | 2.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEGA AdvisorShares STAR Global Buy-Write ETF | 1.37% | 1.34% | 1.05% | 1.12% | 1.89% | 0.55% | 0.28% | 0.44% | 0.45% | 0.00% | 0.81% |
Drawdowns
WRND vs. VEGA - Drawdown Comparison
The maximum WRND drawdown since its inception was -27.16%, roughly equal to the maximum VEGA drawdown of -28.37%. Use the drawdown chart below to compare losses from any high point for WRND and VEGA.
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Drawdown Indicators
| WRND | VEGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.16% | -28.37% | +1.21% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -8.32% | -4.43% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.78% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.37% | — |
Current DrawdownCurrent decline from peak | -8.87% | -4.95% | -3.92% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -3.83% | -2.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 1.78% | +1.48% |
Volatility
WRND vs. VEGA - Volatility Comparison
IQ Global Equity R&D Leaders ETF (WRND) has a higher volatility of 8.10% compared to AdvisorShares STAR Global Buy-Write ETF (VEGA) at 4.30%. This indicates that WRND's price experiences larger fluctuations and is considered to be riskier than VEGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WRND | VEGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.10% | 4.30% | +3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 13.20% | 7.21% | +5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.59% | 11.99% | +8.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.78% | 12.31% | +6.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 12.67% | +6.11% |