WTIU vs. MSTZ

Last updated Jun 4, 2026

WTIU (MicroSectors Energy 3X Leveraged ETN) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - WTIU is a Leveraged Equities fund tracking the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while MSTZ is a Inverse Equities fund actively managed by REX. WTIU is passively managed, while MSTZ is actively managed. Over the past year, WTIU returned 103.25% vs 94.24% for MSTZ. At a correlation of -0.10, they often move in opposite directions. WTIU charges 0.95%/yr vs 1.05%/yr for MSTZ.

Performance

WTIU vs. MSTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Energy 3X Leveraged ETN (WTIU) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTIU achieves a 91.57% return, which is significantly higher than MSTZ's -46.88% return.

WTIU

• 1D: 4.02%
• 1M: -7.74%
• YTD: 91.57%
• 6M: 66.33%
• 1Y: 103.25%
• 3Y*: 5.93%
• 5Y*: —
• 10Y*: —

MSTZ

• 1D: 14.02%
• 1M: 86.49%
• YTD: -46.88%
• 6M: -23.06%
• 1Y: 94.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTIU vs. MSTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WTIU MicroSectors Energy 3X Leveraged ETN	91.57%	-17.13%	-20.53%
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-46.88%	-38.95%	-94.26%

Correlation

The correlation between WTIU and MSTZ is -0.03, 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	-0.03
Correlation (All Time) Calculated using the full available price history since Sep 19, 2024	-0.10

Return for Risk

WTIU vs. MSTZ — Risk / Return Rank

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

WTIU

WTIU Risk / Return Rank: 43
WTIU Sharpe Ratio Rank: 43
WTIU Sortino Ratio Rank: 38
WTIU Omega Ratio Rank: 37
WTIU Calmar Ratio Rank: 54
WTIU Martin Ratio Rank: 41

MSTZ

MSTZ Risk / Return Rank: 26
MSTZ Sharpe Ratio Rank: 20
MSTZ Sortino Ratio Rank: 32
MSTZ Omega Ratio Rank: 34
MSTZ Calmar Ratio Rank: 24
MSTZ Martin Ratio Rank: 20

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. MSTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy 3X Leveraged ETN (WTIU) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). 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	MSTZ	Difference
Sharpe ratio: Return per unit of total volatility	1.54	0.68	+0.86
Sortino ratio: Return per unit of downside risk	2.00	1.74	+0.25
Omega ratio: Gain probability vs. loss probability	1.25	1.23	+0.02
Calmar ratio: Return relative to maximum drawdown	2.65	1.12	+1.54
Martin ratio: Return relative to average drawdown	6.55	2.35	+4.20
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. MSTZ - Sharpe Ratio Comparison

The current WTIU Sharpe Ratio is 1.54, which is higher than the MSTZ Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of WTIU and MSTZ, 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	MSTZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	0.68	+0.86
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	-0.53	+0.44

Drawdowns

WTIU vs. MSTZ - Drawdown Comparison

The maximum WTIU drawdown since its inception was -75.73%, smaller than the maximum MSTZ drawdown of -99.36%. Use the drawdown chart below to compare losses from any high point for WTIU and MSTZ.

Drawdown Indicators

	WTIU	MSTZ	Difference
Max Drawdown Largest peak-to-trough decline	-75.73%	-99.36%	+23.63%
Max Drawdown (1Y) Largest decline over 1 year	-39.11%	-84.89%	+45.78%
Max Drawdown (3Y) Largest decline over 3 years	-75.73%	—	—
Current Drawdown Current decline from peak	-32.10%	-98.14%	+66.04%
Average Drawdown Average peak-to-trough decline	-39.19%	-94.39%	+55.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.83%	40.30%	-24.47%

Volatility

WTIU vs. MSTZ - Volatility Comparison

The current volatility for MicroSectors Energy 3X Leveraged ETN (WTIU) is 27.06%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 37.49%. This indicates that WTIU experiences smaller price fluctuations and is considered to be less risky than MSTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTIU	MSTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.06%	37.49%	-10.43%
Volatility (6M) Calculated over the trailing 6-month period	54.98%	125.82%	-70.84%
Volatility (1Y) Calculated over the trailing 1-year period	67.51%	140.34%	-72.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.62%	170.37%	-99.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.62%	170.37%	-99.75%

WTIU vs. MSTZ - Expense Ratio Comparison

WTIU has a 0.95% expense ratio, which is lower than MSTZ's 1.05% expense ratio.

Dividends

WTIU vs. MSTZ - Dividend Comparison

Neither WTIU nor MSTZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WTIU and MSTZ in my portfolio?

WTIU and MSTZ have a correlation of -0.03, 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 MSTZ?

MSTZ has higher volatility (37.49%) compared to WTIU (27.06%). In terms of maximum drawdown, WTIU dropped -75.73% vs MSTZ's -99.36%.

Which ETF is better, WTIU or MSTZ?

On 1-year performance, WTIU leads with 103.25% vs 94.24% for MSTZ. On fees, WTIU is cheaper at 0.95% per year. On volatility, WTIU has been the lower-risk option at 27.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTIU or MSTZ?

Over the 1-year period, WTIU has performed better with a 103.25% return vs 94.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTIU or MSTZ?

WTIU is cheaper with a 0.95% expense ratio, compared with 1.05% for MSTZ.

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

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

What is the main difference between WTIU and MSTZ?

WTIU is categorized as Leveraged Equities, while MSTZ is Inverse Equities. Their fees differ too: 0.95% for WTIU and 1.05% for MSTZ.

Which has better risk-adjusted returns?

WTIU currently has the higher Sharpe Ratio (1.54 vs 0.68), 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.