WRTH vs. WEEL

Last updated Aug 5, 2026

WRTH (Worth Charting Options Income ETF) and WEEL (Peerless Option Income Wheel ETF) are both Derivative Income funds from Tidal. Both are actively managed. Their -0.15 correlation means they have often moved in opposite directions in the past. WRTH charges 1.02%/yr vs 0.99%/yr for WEEL.

Performance

WRTH vs. WEEL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Worth Charting Options Income ETF (WRTH) and Peerless Option Income Wheel ETF (WEEL). 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*: —

WEEL

• 1D: 0.89%
• 1M: 2.86%
• 6M: 7.09%
• YTD: 7.84%
• 1Y: 17.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.90%

*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)
WEEL Peerless Option Income Wheel ETF	$431.81K	$327.30K	$363.04K
WRTH Worth Charting Options Income ETF	$1.43M	$1.25M	$1.45M

WRTH vs. WEEL - Yearly Performance Comparison

	2026 (YTD)
WRTH Worth Charting Options Income ETF	3.57%
WEEL Peerless Option Income Wheel ETF	3.36%

Correlation

The correlation between WRTH and WEEL is -0.15, 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	-0.15

Return for Risk

WRTH vs. WEEL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WRTH

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

WEEL

WEEL Risk / Return Rank: 87
WEEL Sharpe Ratio Rank: 81
WEEL Sortino Ratio Rank: 87
WEEL Omega Ratio Rank: 86
WEEL Calmar Ratio Rank: 88
WEEL Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WRTH vs. WEEL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Worth Charting Options Income ETF (WRTH) and Peerless Option Income Wheel ETF (WEEL). 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	WEEL	Difference
Sharpe ratio: Return per unit of total volatility	—	2.08	—
Sortino ratio: Return per unit of downside risk	—	3.19	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	3.88	—
Martin ratio: Return relative to average drawdown	—	17.54	—

Drawdowns

WRTH vs. WEEL - Drawdown Comparison

The maximum WRTH drawdown since its inception was -6.20%, smaller than the maximum WEEL drawdown of -17.45%. Use the drawdown chart below to compare losses from any high point for WRTH and WEEL.

Drawdown Indicators

	WRTH	WEEL	Difference
Max Drawdown Largest peak-to-trough decline	-6.20%	-17.45%	+11.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.60%	—
Current Drawdown Current decline from peak	-4.76%	0.00%	-4.76%
Average Drawdown Average peak-to-trough decline	-1.93%	-1.40%	-0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.02%	—

Volatility

Volatility by Period

	WRTH	WEEL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.81%	8.60%	+8.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.81%	12.65%	+4.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.81%	12.65%	+4.16%

WRTH vs. WEEL - Expense Ratio Comparison

WRTH has a 1.02% expense ratio, which is higher than WEEL's 0.99% expense ratio.

Dividends

WRTH vs. WEEL - Dividend Comparison

WRTH's dividend yield for the trailing twelve months is around 1.61%, less than WEEL's 12.53% yield.

Position	TTM	2025	2024
WEEL Peerless Option Income Wheel ETF	12.53%	12.72%	6.88%
WRTH Worth Charting Options Income ETF	1.61%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WRTH and WEEL in my portfolio?

WRTH and WEEL have a correlation of -0.15, 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 WEEL?

On fees, WEEL is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WRTH or WEEL?

WEEL is cheaper with a 0.99% expense ratio, compared with 1.02% for WRTH.

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

WEEL has the higher dividend yield at 12.53%, compared with 1.61% for WRTH.

What is the main difference between WRTH and WEEL?

Their fees differ too: 1.02% for WRTH and 0.99% for WEEL.