WRTH vs. JELM

Last updated Aug 5, 2026

WRTH (Worth Charting Options Income ETF) and JELM (Janus Henderson Equity Linked Moderate Income ETF) are both Derivative Income funds. Both are actively managed. Their 0.04 correlation means their historical movements had little consistent relationship. WRTH charges 1.02%/yr vs 0.59%/yr for JELM.

Performance

WRTH vs. JELM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Worth Charting Options Income ETF (WRTH) and Janus Henderson Equity Linked Moderate Income ETF (JELM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WRTH

• 1D: -0.51%
• 1M: 1.48%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

JELM

• 1D: 0.20%
• 1M: 1.29%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JELM Janus Henderson Equity Linked Moderate Income ETF	$199.95K	$786.17K	$963.17K
WRTH Worth Charting Options Income ETF	$1.43M	$1.25M	$1.45M

WRTH vs. JELM - Yearly Performance Comparison

	2026 (YTD)
WRTH Worth Charting Options Income ETF	3.57%
JELM Janus Henderson Equity Linked Moderate Income ETF	2.87%

Correlation

The correlation between WRTH and JELM is 0.04, 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 Apr 28, 2026	0.04

Return for Risk

WRTH vs. JELM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Worth Charting Options Income ETF (WRTH) and Janus Henderson Equity Linked Moderate Income ETF (JELM). 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.

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

Drawdowns

WRTH vs. JELM - Drawdown Comparison

The maximum WRTH drawdown since its inception was -6.20%, which is greater than JELM's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for WRTH and JELM.

Drawdown Indicators

	WRTH	JELM	Difference
Max Drawdown Largest peak-to-trough decline	-6.20%	-0.69%	-5.51%
Current Drawdown Current decline from peak	-4.76%	-0.25%	-4.51%
Average Drawdown Average peak-to-trough decline	-1.93%	-0.21%	-1.72%

Volatility

Volatility by Period

	WRTH	JELM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.81%	3.69%	+13.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.81%	3.69%	+13.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.81%	3.69%	+13.12%

WRTH vs. JELM - Expense Ratio Comparison

WRTH has a 1.02% expense ratio, which is higher than JELM's 0.59% expense ratio.

Dividends

WRTH vs. JELM - Dividend Comparison

WRTH's dividend yield for the trailing twelve months is around 1.61%, more than JELM's 1.21% yield.

Position	TTM
JELM Janus Henderson Equity Linked Moderate Income ETF	1.21%
WRTH Worth Charting Options Income ETF	1.61%

Frequently Asked Questions

Can I hold both WRTH and JELM in my portfolio?

WRTH and JELM have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WRTH or JELM?

On fees, JELM is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WRTH or JELM?

JELM is cheaper with a 0.59% expense ratio, compared with 1.02% for WRTH.

Which ETF pays a higher dividend yield, WRTH or JELM?

WRTH has the higher dividend yield at 1.61%, compared with 1.21% for JELM.

What is the main difference between WRTH and JELM?

They also come from different issuers: Tidal and Janus Henderson. Their fees differ too: 1.02% for WRTH and 0.59% for JELM.