WTID vs. YQQQ

Last updated Jul 15, 2026

WTID (MicroSectors Energy -3X Inverse Leveraged ETN) and YQQQ (YieldMax Short N100 Option Income Strategy ETF) are both exchange-traded funds - WTID is a Inverse Equities fund tracking the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while YQQQ is a Derivative Income fund actively managed by YieldMax. WTID is passively managed, while YQQQ is actively managed. Over the past year, WTID returned -66.12% vs -8.60% for YQQQ. At a correlation of -0.02, they often move in opposite directions. WTID charges 0.95%/yr vs 0.99%/yr for YQQQ.

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.

Returns By Period

In the year-to-date period, WTID achieves a -61.80% return, which is significantly lower than YQQQ's -5.94% return.

WTID

• 1D: -0.49%
• 1M: -6.34%
• 6M: -56.54%
• YTD: -61.80%
• 1Y: -66.12%
• 3Y*: -47.07%
• 5Y*: —
• 10Y*: —

YQQQ

• 1D: -0.73%
• 1M: 1.88%
• 6M: -5.07%
• YTD: -5.94%
• 1Y: -8.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTID vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WTID MicroSectors Energy -3X Inverse Leveraged ETN	-61.80%	-44.50%	21.54%
YQQQ YieldMax Short N100 Option Income Strategy ETF	-5.94%	-9.97%	-5.17%

Correlation

The correlation between WTID and YQQQ is -0.21, 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	-0.21
Correlation (All Time) Calculated using the full available price history since Aug 15, 2024	-0.02

The correlation between WTID and YQQQ shifts across timeframes, from -0.21 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.

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: 2
WTID Sharpe Ratio Rank: 2
WTID Sortino Ratio Rank: 1
WTID Omega Ratio Rank: 2
WTID Calmar Ratio Rank: 2
WTID Martin Ratio Rank: 1

YQQQ

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

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.

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.

	WTID	YQQQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.97	-0.62	-0.35
Sortino ratio: Return per unit of downside risk	-1.72	-0.79	-0.93
Omega ratio: Gain probability vs. loss probability	0.82	0.91	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.89	-0.40	-0.49
Martin ratio: Return relative to average drawdown	-1.42	-0.92	-0.50

WTID vs. YQQQ - Sharpe Ratio Comparison

The current WTID Sharpe Ratio is -0.97, which is lower than the YQQQ Sharpe Ratio of -0.62. The chart below compares the historical Sharpe Ratios of WTID and YQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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 -29.10%. 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%	-29.10%	-61.25%
Max Drawdown (1Y) Largest decline over 1 year	-74.87%	-21.80%	-53.07%
Max Drawdown (3Y) Largest decline over 3 years	-87.36%	—	—
Current Drawdown Current decline from peak	-88.75%	-25.80%	-62.95%
Average Drawdown Average peak-to-trough decline	-55.40%	-14.92%	-40.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.49%	9.38%	+37.11%

Volatility

WTID vs. YQQQ - Volatility Comparison

MicroSectors Energy -3X Inverse Leveraged ETN (WTID) has a higher volatility of 23.57% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 6.14%. 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	23.57%	6.14%	+17.43%
Volatility (6M) Calculated over the trailing 6-month period	55.51%	11.66%	+43.85%
Volatility (1Y) Calculated over the trailing 1-year period	68.48%	13.91%	+54.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.61%	16.57%	+54.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.61%	16.57%	+54.04%

WTID vs. YQQQ - Expense Ratio Comparison

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

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 29.38%.

Position	TTM	2025	2024
WTID MicroSectors Energy -3X Inverse Leveraged ETN	0.00%	0.00%	0.00%
YQQQ YieldMax Short N100 Option Income Strategy ETF	29.38%	31.71%	7.88%

Frequently Asked Questions

Can I hold both WTID and YQQQ in my portfolio?

WTID and YQQQ have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTID or YQQQ?

WTID has higher volatility (23.57%) compared to YQQQ (6.14%). In terms of maximum drawdown, WTID dropped -90.35% vs YQQQ's -29.10%.

Which ETF is better, WTID or YQQQ?

On 1-year performance, YQQQ leads with -8.60% vs -66.12% for WTID. On fees, WTID is cheaper at 0.95% per year. On volatility, YQQQ has been the lower-risk option at 6.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTID or YQQQ?

Over the 1-year period, YQQQ has performed better with a -8.60% return vs -66.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTID or YQQQ?

WTID is cheaper with a 0.95% expense ratio, compared with 0.99% for YQQQ.

Which ETF pays a higher dividend yield, WTID or YQQQ?

YQQQ has the higher dividend yield at 29.38%, compared with 0.00% for WTID.

What is the main difference between WTID and YQQQ?

WTID is categorized as Inverse Equities, while YQQQ is Derivative Income. They also come from different issuers: REX and YieldMax. Their fees differ too: 0.95% for WTID and 0.99% for YQQQ.

Which has better risk-adjusted returns?

YQQQ currently has the higher Sharpe Ratio (-0.62 vs -0.97), 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.