WRTH vs. PBP
WRTH (Worth Charting Options Income ETF) and PBP (Invesco S&P 500 BuyWrite ETF) are both Derivative Income funds. WRTH is actively managed, while PBP is passively managed. Their 0.01 correlation means their historical movements had little consistent relationship. WRTH charges 1.02%/yr vs 0.29%/yr for PBP.
Performance
WRTH vs. PBP - Performance Comparison
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Returns By Period
WRTH
- 1D
- -0.51%
- 1M
- 1.48%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PBP
- 1D
- 0.09%
- 1M
- 2.54%
- 6M
- 7.54%
- YTD
- 8.69%
- 1Y
- 18.68%
- 3Y*
- 12.58%
- 5Y*
- 8.26%
- 10Y*
- 7.28%
- ALL TIME*
- 5.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.01M | $1.10M | $947.56K | |
| $1.43M | $1.25M | $1.45M |
WRTH vs. PBP - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WRTH Worth Charting Options Income ETF | 3.57% |
PBP Invesco S&P 500 BuyWrite ETF | 6.23% |
Correlation
The correlation between WRTH and PBP is 0.01, 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 | 0.01 |
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Return for Risk
WRTH vs. PBP — Risk / Return Rank
WRTH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PBP
WRTH vs. PBP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Worth Charting Options Income ETF (WRTH) and Invesco S&P 500 BuyWrite ETF (PBP). 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 | PBP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.55 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.59 | — |
| Martin ratioReturn relative to average drawdown | — | 18.47 | — |
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Drawdowns
WRTH vs. PBP - Drawdown Comparison
The maximum WRTH drawdown since its inception was -6.20%, smaller than the maximum PBP drawdown of -43.43%. Use the drawdown chart below to compare losses from any high point for WRTH and PBP.
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Drawdown Indicators
| WRTH | PBP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.20% | -43.43% | +37.23% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.22% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.31% | — |
Current DrawdownCurrent decline from peak | -4.76% | 0.00% | -4.76% |
Average DrawdownAverage peak-to-trough decline | -1.93% | -6.64% | +4.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.01% | — |
Volatility
WRTH vs. PBP - Volatility Comparison
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Volatility by Period
| WRTH | PBP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.20% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.13% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.81% | 7.37% | +9.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.81% | 11.86% | +4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.81% | 13.67% | +3.14% |
WRTH vs. PBP - Expense Ratio Comparison
WRTH has a 1.02% expense ratio, which is higher than PBP's 0.29% expense ratio.
Dividends
WRTH vs. PBP - Dividend Comparison
WRTH's dividend yield for the trailing twelve months is around 1.61%, less than PBP's 11.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBP Invesco S&P 500 BuyWrite ETF | 11.30% | 11.12% | 9.36% | 3.35% | 1.33% | 6.21% | 1.41% | 5.04% | 2.59% | 10.86% | 2.56% | 6.19% |
WRTH Worth Charting Options Income ETF | 1.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WRTH and PBP have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBP is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBP is cheaper with a 0.29% expense ratio, compared with 1.02% for WRTH.
PBP has the higher dividend yield at 11.30%, compared with 1.61% for WRTH.
They also come from different issuers: Tidal and Invesco. Their fees differ too: 1.02% for WRTH and 0.29% for PBP.
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