WTIU vs. AVGB

Last updated Jun 6, 2026

WTIU (MicroSectors Energy 3X Leveraged ETN) and AVGB (Avantis Credit ETF) are both exchange-traded funds - WTIU is a Leveraged Equities fund tracking the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while AVGB is a Global Bonds fund actively managed by Avantis. WTIU is passively managed, while AVGB is actively managed. Over the past year, WTIU returned 102.77% vs 4.42% for AVGB. At a correlation of -0.30, they often move in opposite directions. WTIU charges 0.95%/yr vs 0.19%/yr for AVGB.

Performance

WTIU vs. AVGB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Energy 3X Leveraged ETN (WTIU) and Avantis Credit ETF (AVGB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTIU achieves a 77.62% return, which is significantly higher than AVGB's 0.55% return.

WTIU

• 1D: -5.44%
• 1M: 0.90%
• YTD: 77.62%
• 6M: 54.36%
• 1Y: 102.77%
• 3Y*: 3.50%
• 5Y*: —
• 10Y*: —

AVGB

• 1D: -0.28%
• 1M: -0.08%
• YTD: 0.55%
• 6M: 0.86%
• 1Y: 4.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTIU vs. AVGB - Yearly Performance Comparison

	2026 (YTD)	2025
WTIU MicroSectors Energy 3X Leveraged ETN	77.62%	24.53%
AVGB Avantis Credit ETF	0.55%	4.89%

Correlation

The correlation between WTIU and AVGB is -0.33, 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	-0.33
Correlation (All Time) Calculated using the full available price history since Apr 21, 2025	-0.30

Return for Risk

WTIU vs. AVGB — Risk / Return Rank

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

WTIU

WTIU Risk / Return Rank: 45
WTIU Sharpe Ratio Rank: 46
WTIU Sortino Ratio Rank: 41
WTIU Omega Ratio Rank: 40
WTIU Calmar Ratio Rank: 55
WTIU Martin Ratio Rank: 42

AVGB

AVGB Risk / Return Rank: 54
AVGB Sharpe Ratio Rank: 56
AVGB Sortino Ratio Rank: 60
AVGB Omega Ratio Rank: 58
AVGB Calmar Ratio Rank: 45
AVGB Martin Ratio Rank: 50

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.

WTIU vs. AVGB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy 3X Leveraged ETN (WTIU) and Avantis Credit ETF (AVGB). 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.

	WTIU	AVGB	Difference
Sharpe ratio: Return per unit of total volatility	1.53	1.79	-0.26
Sortino ratio: Return per unit of downside risk	1.99	2.64	-0.65
Omega ratio: Gain probability vs. loss probability	1.25	1.33	-0.09
Calmar ratio: Return relative to maximum drawdown	2.64	2.10	+0.55
Martin ratio: Return relative to average drawdown	6.43	7.79	-1.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTIU vs. AVGB - Sharpe Ratio Comparison

The current WTIU Sharpe Ratio is 1.53, which is comparable to the AVGB Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of WTIU and AVGB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WTIU	AVGB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	1.79	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	1.94	-2.06

Drawdowns

WTIU vs. AVGB - Drawdown Comparison

The maximum WTIU drawdown since its inception was -75.73%, which is greater than AVGB's maximum drawdown of -2.12%. Use the drawdown chart below to compare losses from any high point for WTIU and AVGB.

Drawdown Indicators

	WTIU	AVGB	Difference
Max Drawdown Largest peak-to-trough decline	-75.73%	-2.12%	-73.61%
Max Drawdown (1Y) Largest decline over 1 year	-39.11%	-2.12%	-36.99%
Max Drawdown (3Y) Largest decline over 3 years	-75.73%	—	—
Current Drawdown Current decline from peak	-37.04%	-0.65%	-36.39%
Average Drawdown Average peak-to-trough decline	-39.18%	-0.34%	-38.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.05%	0.57%	+15.48%

Volatility

WTIU vs. AVGB - Volatility Comparison

MicroSectors Energy 3X Leveraged ETN (WTIU) has a higher volatility of 22.65% compared to Avantis Credit ETF (AVGB) at 0.79%. This indicates that WTIU's price experiences larger fluctuations and is considered to be riskier than AVGB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTIU	AVGB	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.65%	0.79%	+21.86%
Volatility (6M) Calculated over the trailing 6-month period	55.14%	1.93%	+53.21%
Volatility (1Y) Calculated over the trailing 1-year period	67.36%	2.49%	+64.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.60%	2.50%	+68.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.60%	2.50%	+68.10%

WTIU vs. AVGB - Expense Ratio Comparison

WTIU has a 0.95% expense ratio, which is higher than AVGB's 0.19% expense ratio.

Dividends

WTIU vs. AVGB - Dividend Comparison

WTIU has not paid dividends to shareholders, while AVGB's dividend yield for the trailing twelve months is around 3.47%.

Position	TTM	2025
AVGB Avantis Credit ETF	3.47%	3.49%
WTIU MicroSectors Energy 3X Leveraged ETN	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTIU and AVGB in my portfolio?

WTIU and AVGB have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTIU or AVGB?

WTIU has higher volatility (22.65%) compared to AVGB (0.79%). In terms of maximum drawdown, WTIU dropped -75.73% vs AVGB's -2.12%.

Which ETF is better, WTIU or AVGB?

On 1-year performance, WTIU leads with 102.77% vs 4.42% for AVGB. On fees, AVGB is cheaper at 0.19% per year. On volatility, AVGB has been the lower-risk option at 0.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTIU or AVGB?

Over the 1-year period, WTIU has performed better with a 102.77% return vs 4.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTIU or AVGB?

AVGB is cheaper with a 0.19% expense ratio, compared with 0.95% for WTIU.

Which ETF pays a higher dividend yield, WTIU or AVGB?

AVGB has the higher dividend yield at 3.47%, compared with 0.00% for WTIU.

What is the main difference between WTIU and AVGB?

WTIU is categorized as Leveraged Equities, while AVGB is Global Bonds. They also come from different issuers: REX and Avantis. Their fees differ too: 0.95% for WTIU and 0.19% for AVGB.

Which has better risk-adjusted returns?

AVGB currently has the higher Sharpe Ratio (1.79 vs 1.53), 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.