WRTH vs. HYGW
WRTH (Worth Charting Options Income ETF) and HYGW (iShares High Yield Corporate Bond Buywrite Strategy ETF) are both Derivative Income funds. WRTH is actively managed, while HYGW is passively managed. Their -0.12 correlation means they have often moved in opposite directions in the past. WRTH charges 1.02%/yr vs 0.69%/yr for HYGW.
Performance
WRTH vs. HYGW - Performance Comparison
Loading charts...
Returns By Period
WRTH
- 1D
- -0.51%
- 1M
- 1.48%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
HYGW
- 1D
- 0.25%
- 1M
- 0.60%
- 6M
- 2.29%
- YTD
- 2.94%
- 1Y
- 6.30%
- 3Y*
- 5.58%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $522.43K | $620.74K | $795.59K | |
| $1.43M | $1.25M | $1.45M |
WRTH vs. HYGW - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WRTH Worth Charting Options Income ETF | 3.57% |
HYGW iShares High Yield Corporate Bond Buywrite Strategy ETF | 1.93% |
Correlation
The correlation between WRTH and HYGW is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 28, 2026 | -0.12 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WRTH vs. HYGW — Risk / Return Rank
WRTH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HYGW
WRTH vs. HYGW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Worth Charting Options Income ETF (WRTH) and iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW). 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.
| WRTH | HYGW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.44 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.48 | — |
| Martin ratioReturn relative to average drawdown | — | 15.53 | — |
Loading charts...
Drawdowns
WRTH vs. HYGW - Drawdown Comparison
The maximum WRTH drawdown since its inception was -6.20%, which is greater than HYGW's maximum drawdown of -5.49%. Use the drawdown chart below to compare losses from any high point for WRTH and HYGW.
Loading charts...
Drawdown Indicators
| WRTH | HYGW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.20% | -5.49% | -0.71% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.82% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.42% | — |
Current DrawdownCurrent decline from peak | -4.76% | 0.00% | -4.76% |
Average DrawdownAverage peak-to-trough decline | -1.93% | -0.59% | -1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.41% | — |
Volatility
WRTH vs. HYGW - Volatility Comparison
Loading charts...
Volatility by Period
| WRTH | HYGW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.88% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.35% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.81% | 2.94% | +13.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.81% | 4.61% | +12.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.81% | 4.61% | +12.20% |
WRTH vs. HYGW - Expense Ratio Comparison
WRTH has a 1.02% expense ratio, which is higher than HYGW's 0.69% expense ratio.
Dividends
WRTH vs. HYGW - Dividend Comparison
WRTH's dividend yield for the trailing twelve months is around 1.61%, less than HYGW's 10.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HYGW iShares High Yield Corporate Bond Buywrite Strategy ETF | 10.35% | 12.53% | 12.30% | 15.98% | 8.71% |
WRTH Worth Charting Options Income ETF | 1.61% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WRTH and HYGW have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HYGW is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYGW is cheaper with a 0.69% expense ratio, compared with 1.02% for WRTH.
HYGW has the higher dividend yield at 10.35%, compared with 1.61% for WRTH.
They also come from different issuers: Tidal and iShares. Their fees differ too: 1.02% for WRTH and 0.69% for HYGW.
Find the right allocation for WRTH and HYGW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer