WTIU vs. IFED

Last updated Jun 25, 2026

WTIU (MicroSectors Energy 3X Leveraged ETN) and IFED (ETRACS IFED Invest with the Fed TR Index ETN) are both Leveraged Equities funds - WTIU tracks the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%) while IFED tracks the IFED Large-Cap US Equity Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, WTIU returned -1.02%/yr vs 15.90%/yr for IFED. At a 0.26 correlation, their price movements are largely independent. WTIU charges 0.95%/yr vs 0.45%/yr for IFED.

Performance

WTIU vs. IFED - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Energy 3X Leveraged ETN (WTIU) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTIU achieves a 40.74% return, which is significantly higher than IFED's -4.64% return.

WTIU

• 1D: -5.06%
• 1M: -26.93%
• YTD: 40.74%
• 6M: 43.64%
• 1Y: 40.51%
• 3Y*: -1.02%
• 5Y*: —
• 10Y*: —

IFED

• 1D: -1.62%
• 1M: 0.81%
• YTD: -4.64%
• 6M: -5.76%
• 1Y: -0.20%
• 3Y*: 15.90%
• 5Y*: —
• 10Y*: —

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

WTIU vs. IFED - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WTIU MicroSectors Energy 3X Leveraged ETN	40.74%	-17.13%	-29.63%	-28.45%
IFED ETRACS IFED Invest with the Fed TR Index ETN	-4.64%	15.02%	23.04%	11.14%

Correlation

The correlation between WTIU and IFED is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since Feb 15, 2023	0.26

The correlation between WTIU and IFED shifts across timeframes, from -0.06 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WTIU vs. IFED — Risk / Return Rank

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

WTIU

WTIU Risk / Return Rank: 21
WTIU Sharpe Ratio Rank: 19
WTIU Sortino Ratio Rank: 23
WTIU Omega Ratio Rank: 22
WTIU Calmar Ratio Rank: 21
WTIU Martin Ratio Rank: 21

IFED

IFED Risk / Return Rank: 9
IFED Sharpe Ratio Rank: 9
IFED Sortino Ratio Rank: 8
IFED Omega Ratio Rank: 8
IFED Calmar Ratio Rank: 9
IFED 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.

WTIU vs. IFED - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy 3X Leveraged ETN (WTIU) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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.

	WTIU	IFED	Difference
Sharpe ratio: Return per unit of total volatility	0.60	-0.01	+0.61
Sortino ratio: Return per unit of downside risk	1.18	0.11	+1.07
Omega ratio: Gain probability vs. loss probability	1.14	1.01	+0.13
Calmar ratio: Return relative to maximum drawdown	0.86	-0.01	+0.88
Martin ratio: Return relative to average drawdown	2.25	-0.03	+2.29

WTIU vs. IFED - Sharpe Ratio Comparison

The current WTIU Sharpe Ratio is 0.60, which is higher than the IFED Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of WTIU and IFED, 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

WTIU vs. IFED - Drawdown Comparison

The maximum WTIU drawdown since its inception was -75.73%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for WTIU and IFED.

Drawdown Indicators

	WTIU	IFED	Difference
Max Drawdown Largest peak-to-trough decline	-75.73%	-22.36%	-53.37%
Max Drawdown (1Y) Largest decline over 1 year	-47.07%	-14.65%	-32.42%
Max Drawdown (3Y) Largest decline over 3 years	-75.73%	-22.36%	-53.37%
Current Drawdown Current decline from peak	-50.11%	-6.60%	-43.51%
Average Drawdown Average peak-to-trough decline	-39.20%	-5.83%	-33.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.02%	5.90%	+12.12%

Volatility

WTIU vs. IFED - Volatility Comparison

MicroSectors Energy 3X Leveraged ETN (WTIU) has a higher volatility of 23.71% compared to ETRACS IFED Invest with the Fed TR Index ETN (IFED) at 6.86%. This indicates that WTIU's price experiences larger fluctuations and is considered to be riskier than IFED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTIU	IFED	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.71%	6.86%	+16.85%
Volatility (6M) Calculated over the trailing 6-month period	56.28%	13.89%	+42.39%
Volatility (1Y) Calculated over the trailing 1-year period	68.46%	16.90%	+51.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.80%	19.92%	+50.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.80%	19.92%	+50.88%

WTIU vs. IFED - Expense Ratio Comparison

WTIU has a 0.95% expense ratio, which is higher than IFED's 0.45% expense ratio.

Dividends

WTIU vs. IFED - Dividend Comparison

Neither WTIU nor IFED has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WTIU and IFED in my portfolio?

WTIU and IFED have a correlation of -0.06, 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 IFED?

WTIU has higher volatility (23.71%) compared to IFED (6.86%). In terms of maximum drawdown, WTIU dropped -75.73% vs IFED's -22.36%.

Which ETF is better, WTIU or IFED?

On 3-year performance, IFED leads with 15.90% vs -1.02% for WTIU. On fees, IFED is cheaper at 0.45% per year. On volatility, IFED has been the lower-risk option at 6.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTIU or IFED?

Over the 3-year period, IFED has performed better with a 15.90% return vs -1.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTIU or IFED?

IFED is cheaper with a 0.45% expense ratio, compared with 0.95% for WTIU.

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

WTIU and IFED have nearly identical dividend yields, around 0.00%.

What is the main difference between WTIU and IFED?

WTIU tracks Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while IFED tracks IFED Large-Cap US Equity Index - Benchmark TR Gross. They also come from different issuers: REX and UBS. Their fees differ too: 0.95% for WTIU and 0.45% for IFED.

Which has better risk-adjusted returns?

WTIU currently has the higher Sharpe Ratio (0.60 vs -0.01), 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.