WTID vs. YQQQ

Last updated Apr 2, 2026

Compare and contrast key facts about MicroSectors Energy -3X Inverse Leveraged ETN (WTID) and YieldMax Short N100 Option Income Strategy ETF (YQQQ).

WTID and YQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTID is a passively managed fund by REX that tracks the performance of the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%). It was launched on Feb 16, 2023. YQQQ is an actively managed fund by YieldMax. It was launched on Aug 14, 2024.

Performance

WTID vs. YQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Energy -3X Inverse Leveraged ETN (WTID) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). The values are adjusted to include any dividend payments, if applicable.

WTID vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WTID MicroSectors Energy -3X Inverse Leveraged ETN	-60.85%	-44.50%	25.78%
YQQQ YieldMax Short N100 Option Income Strategy ETF	10.57%	-9.97%	-4.06%

Returns By Period

In the year-to-date period, WTID achieves a -60.85% return, which is significantly lower than YQQQ's 10.57% return.

WTID

• 1D: 11.27%
• 1M: -20.94%
• YTD: -60.85%
• 6M: -60.99%
• 1Y: -70.03%
• 3Y*: -46.34%
• 5Y*: —
• 10Y*: —

YQQQ

• 1D: -1.10%
• 1M: 5.50%
• YTD: 10.57%
• 6M: 12.35%
• 1Y: -7.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTID vs. YQQQ - Expense Ratio Comparison

WTID has a 0.95% expense ratio, which is lower than YQQQ's 0.99% expense ratio.

YQQQ

YieldMax Short N100 Option Income Strategy ETF

WTID

MicroSectors Energy -3X Inverse Leveraged ETN

Return for Risk

WTID vs. YQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WTID

WTID Risk / Return Rank: 1
WTID Sharpe Ratio Rank: 1
WTID Sortino Ratio Rank: 1
WTID Omega Ratio Rank: 1
WTID Calmar Ratio Rank: 1
WTID Martin Ratio Rank: 2

YQQQ

YQQQ Risk / Return Rank: 6
YQQQ Sharpe Ratio Rank: 5
YQQQ Sortino Ratio Rank: 5
YQQQ Omega Ratio Rank: 4
YQQQ Calmar Ratio Rank: 7
YQQQ Martin Ratio Rank: 9

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. YQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy -3X Inverse Leveraged ETN (WTID) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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.

	WTID	YQQQ	Difference
Sharpe ratio Return per unit of total volatility	-0.86	-0.42	-0.44
Sortino ratio Return per unit of downside risk	-1.58	-0.44	-1.14
Omega ratio Gain probability vs. loss probability	0.82	0.93	-0.11
Calmar ratio Return relative to maximum drawdown	-0.82	-0.31	-0.51
Martin ratio Return relative to average drawdown	-1.25	-0.41	-0.84
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. YQQQ - Sharpe Ratio Comparison

The current WTID Sharpe Ratio is -0.86, which is lower than the YQQQ Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of WTID and YQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WTID	YQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.86	-0.42	-0.44
Sharpe Ratio (All Time) Calculated using the full available price history	-0.63	-0.17	-0.46

Correlation

The correlation between WTID and YQQQ is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

WTID vs. YQQQ - Dividend Comparison

WTID has not paid dividends to shareholders, while YQQQ's dividend yield for the trailing twelve months is around 27.65%.

	TTM	2025	2024
WTID MicroSectors Energy -3X Inverse Leveraged ETN	0.00%	0.00%	0.00%
YQQQ YieldMax Short N100 Option Income Strategy ETF	27.65%	31.71%	7.88%

Drawdowns

WTID vs. YQQQ - Drawdown Comparison

The maximum WTID drawdown since its inception was -90.35%, which is greater than YQQQ's maximum drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for WTID and YQQQ.

Drawdown Indicators

	WTID	YQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-90.35%	-24.85%	-65.50%
Max Drawdown (1Y) Largest decline over 1 year	-86.07%	-24.85%	-61.22%
Current Drawdown Current decline from peak	-88.47%	-12.77%	-75.70%
Average Drawdown Average peak-to-trough decline	-52.62%	-13.36%	-39.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	56.27%	18.68%	+37.59%

Volatility

WTID vs. YQQQ - Volatility Comparison

MicroSectors Energy -3X Inverse Leveraged ETN (WTID) has a higher volatility of 21.31% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 5.37%. This indicates that WTID's price experiences larger fluctuations and is considered to be riskier than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTID	YQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.31%	5.37%	+15.94%
Volatility (6M) Calculated over the trailing 6-month period	46.17%	9.43%	+36.74%
Volatility (1Y) Calculated over the trailing 1-year period	81.40%	17.32%	+64.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.32%	16.38%	+52.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.32%	16.38%	+52.94%