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WTID vs. IXC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WTID vs. IXC

Last updated Jun 4, 2026

WTID (MicroSectors Energy -3X Inverse Leveraged ETN) and IXC (iShares Global Energy ETF) are both exchange-traded funds - WTID is a Inverse Equities fund tracking the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while IXC is a Energy Equities fund tracking the S&P Global Energy Sector Index. Both are passively managed. Over the past 3 years, WTID returned -48.40%/yr vs 18.84%/yr for IXC. At a correlation of -0.94, they often move in opposite directions. WTID charges 0.95%/yr vs 0.46%/yr for IXC.

Performance

WTID vs. IXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Energy -3X Inverse Leveraged ETN (WTID) and iShares Global Energy ETF (IXC). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, WTID achieves a -62.23% return, which is significantly lower than IXC's 32.22% return.

WTID

1D
-3.31%
1M
-1.13%
YTD
-62.23%
6M
-57.99%
1Y
-72.92%
3Y*
-48.40%
5Y*
—
10Y*
—

IXC

1D
0.87%
1M
-1.75%
YTD
32.22%
6M
30.00%
1Y
48.10%
3Y*
18.84%
5Y*
19.64%
10Y*
10.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WTID vs. IXC - Yearly Performance Comparison

2026 (YTD)202520242023
WTID
MicroSectors Energy -3X Inverse Leveraged ETN		-62.23%-44.50%-7.93%-17.12%
IXC
iShares Global Energy ETF		32.22%13.98%1.95%0.85%

Correlation

The correlation between WTID and IXC is -0.93, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.93

Correlation (3Y)
Calculated over the trailing 3-year period

-0.94

Correlation (All Time)
Calculated using the full available price history since Feb 16, 2023

-0.94

The correlation between WTID and IXC has been stable across timeframes, ranging from -0.94 to -0.93 - a consistent structural relationship.

WTID vs. IXC - Sectors Allocation Comparison

Sectors
WTID
IXC

Energy

100.0%
100.0%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Energy

WTID
100.0%
IXC
100.0%

Basic Materials

WTID

-

IXC

-

Communication Services

WTID

-

IXC

-

Consumer Cyclical

WTID

-

IXC

-

Consumer Defensive

WTID

-

IXC

-

Financial Services

WTID

-

IXC

-

Healthcare

WTID

-

IXC

-

Industrials

WTID

-

IXC

-

Real Estate

WTID

-

IXC

-

Technology

WTID

-

IXC

-

Utilities

WTID

-

IXC

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

MicroSectors Energy -3X Inverse Leveraged ETN

iShares Global Energy ETF

Often compared with WTID:
WTID vs. USOWTID vs. SCOWTID vs. SEFWTID vs. BMNUWTID vs. MSFDWTID vs. BERZWTID vs. BTCL
Often compared with IXC:
IXC vs. XLEIXC vs. VDEIXC vs. IYEIXC vs. OIHIXC vs. IUES.LIXC vs. XDW0.DEIXC vs. DDM

Return for Risk

WTID vs. IXC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WTID
WTID Risk / Return Rank: 11
Overall Rank
WTID Sharpe Ratio Rank: 11
Sharpe Ratio Rank
WTID Sortino Ratio Rank: 00
Sortino Ratio Rank
WTID Omega Ratio Rank: 11
Omega Ratio Rank
WTID Calmar Ratio Rank: 11
Calmar Ratio Rank
WTID Martin Ratio Rank: 11
Martin Ratio Rank
IXC
IXC Risk / Return Rank: 7676
Overall Rank
IXC Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
IXC Sortino Ratio Rank: 7070
Sortino Ratio Rank
IXC Omega Ratio Rank: 6868
Omega Ratio Rank
IXC Calmar Ratio Rank: 8787
Calmar Ratio Rank
IXC Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WTID vs. IXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy -3X Inverse Leveraged ETN (WTID) and iShares Global Energy ETF (IXC). 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.

WTIDIXCDifference
Sharpe ratioReturn per unit of total volatility
-1.10
2.58

-3.68

Sortino ratioReturn per unit of downside risk
-2.24
3.25

-5.49

Omega ratioGain probability vs. loss probability

0.77

1.42

-0.65

Calmar ratioReturn relative to maximum drawdown

-0.94

5.00

-5.94

Martin ratioReturn relative to average drawdown

-1.55

15.10

-16.65

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTID vs. IXC - Sharpe Ratio Comparison

The current WTID Sharpe Ratio is -1.10, which is lower than the IXC Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of WTID and IXC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

WTIDIXCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.10

2.58

-3.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.84

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.38

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.61

0.32

-0.93

Drawdowns

WTID vs. IXC - Drawdown Comparison

The maximum WTID drawdown since its inception was -90.35%, which is greater than IXC's maximum drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for WTID and IXC.

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Drawdown Indicators

WTIDIXCDifference

Max Drawdown

Largest peak-to-trough decline

-90.35%

-67.88%

-22.47%

Max Drawdown (1Y)

Largest decline over 1 year

-78.12%

-9.66%

-68.46%

Max Drawdown (3Y)

Largest decline over 3 years

-88.99%

-19.06%

-69.93%

Max Drawdown (5Y)

Largest decline over 5 years

—

-24.93%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-64.16%

—

Current Drawdown

Current decline from peak

-88.87%

-4.84%

-84.03%

Average Drawdown

Average peak-to-trough decline

-54.44%

-17.48%

-36.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

47.10%

3.20%

+43.90%

Volatility

WTID vs. IXC - Volatility Comparison

MicroSectors Energy -3X Inverse Leveraged ETN (WTID) has a higher volatility of 25.63% compared to iShares Global Energy ETF (IXC) at 7.50%. This indicates that WTID's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

WTIDIXCDifference

Volatility (1M)

Calculated over the trailing 1-month period

25.63%

7.50%

+18.13%

Volatility (6M)

Calculated over the trailing 6-month period

53.59%

15.42%

+38.17%

Volatility (1Y)

Calculated over the trailing 1-year period

66.54%

18.75%

+47.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

70.34%

23.50%

+46.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

70.34%

26.85%

+43.49%

WTID vs. IXC - Expense Ratio Comparison

WTID has a 0.95% expense ratio, which is higher than IXC's 0.46% expense ratio.

Dividends

WTID vs. IXC - Dividend Comparison

WTID has not paid dividends to shareholders, while IXC's dividend yield for the trailing twelve months is around 2.79%.

PositionTTM20252024202320222021202020192018201720162015
IXC
iShares Global Energy ETF		2.79%3.68%4.56%3.45%4.76%3.98%4.86%7.00%3.51%3.05%2.86%3.77%
WTID
MicroSectors Energy -3X Inverse Leveraged ETN		0.00%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

WTID and IXC have a correlation of -0.93, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

WTID has higher volatility (25.63%) compared to IXC (7.50%). In terms of maximum drawdown, WTID dropped -90.35% vs IXC's -67.88%.

On 3-year performance, IXC leads with 18.84% vs -48.40% for WTID. On fees, IXC is cheaper at 0.46% per year. On volatility, IXC has been the lower-risk option at 7.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, IXC has performed better with a 18.84% return vs -48.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IXC is cheaper with a 0.46% expense ratio, compared with 0.95% for WTID.

IXC has the higher dividend yield at 2.79%, compared with 0.00% for WTID.

WTID is categorized as Inverse Equities, while IXC is Energy Equities. WTID tracks Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while IXC tracks S&P Global Energy Sector Index. They also come from different issuers: REX and iShares. Their fees differ too: 0.95% for WTID and 0.46% for IXC.

IXC currently has the higher Sharpe Ratio (2.58 vs -1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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