WTIU vs. MVLL

Last updated Jun 4, 2026

WTIU (MicroSectors Energy 3X Leveraged ETN) and MVLL (GraniteShares 2x Long MRVL Daily ETF) are both Leveraged Equities funds - WTIU tracks the Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%) while MVLL tracks the Marvell Technology Inc. (MRVL). Both are passively managed. Over the past year, WTIU returned 103.25% vs 1215.17% for MVLL. At a 0.14 correlation, their price movements are largely independent. WTIU charges 0.95%/yr vs 1.50%/yr for MVLL.

Performance

WTIU vs. MVLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Energy 3X Leveraged ETN (WTIU) and GraniteShares 2x Long MRVL Daily ETF (MVLL). 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 lower than MVLL's 842.68% return.

WTIU

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

MVLL

• 1D: 7.14%
• 1M: 201.84%
• YTD: 842.68%
• 6M: 558.01%
• 1Y: 1,215.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTIU vs. MVLL - Yearly Performance Comparison

	2026 (YTD)	2025
WTIU MicroSectors Energy 3X Leveraged ETN	91.57%	-13.22%
MVLL GraniteShares 2x Long MRVL Daily ETF	842.68%	-10.19%

Correlation

The correlation between WTIU and MVLL is 0.04, 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	0.04
Correlation (All Time) Calculated using the full available price history since Mar 10, 2025	0.14

WTIU vs. MVLL - Sectors Allocation Comparison

Sectors	WTIU	MVLL
Energy	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	66.6%
Utilities	-	-

Return for Risk

WTIU vs. MVLL — 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

MVLL

MVLL Risk / Return Rank: 96
MVLL Sharpe Ratio Rank: 99
MVLL Sortino Ratio Rank: 94
MVLL Omega Ratio Rank: 92
MVLL Calmar Ratio Rank: 99
MVLL Martin Ratio Rank: 97

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. MVLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy 3X Leveraged ETN (WTIU) and GraniteShares 2x Long MRVL Daily ETF (MVLL). 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	MVLL	Difference
Sharpe ratio: Return per unit of total volatility	1.54	9.23	-7.69
Sortino ratio: Return per unit of downside risk	2.00	4.79	-2.80
Omega ratio: Gain probability vs. loss probability	1.25	1.63	-0.38
Calmar ratio: Return relative to maximum drawdown	2.65	25.11	-22.46
Martin ratio: Return relative to average drawdown	6.55	52.27	-45.72
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. MVLL - Sharpe Ratio Comparison

The current WTIU Sharpe Ratio is 1.54, which is lower than the MVLL Sharpe Ratio of 9.23. The chart below compares the historical Sharpe Ratios of WTIU and MVLL, 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	MVLL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	9.23	-7.69
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	3.33	-3.43

Drawdowns

WTIU vs. MVLL - Drawdown Comparison

The maximum WTIU drawdown since its inception was -75.73%, which is greater than MVLL's maximum drawdown of -59.02%. Use the drawdown chart below to compare losses from any high point for WTIU and MVLL.

Drawdown Indicators

	WTIU	MVLL	Difference
Max Drawdown Largest peak-to-trough decline	-75.73%	-59.02%	-16.71%
Max Drawdown (1Y) Largest decline over 1 year	-39.11%	-48.93%	+9.82%
Max Drawdown (3Y) Largest decline over 3 years	-75.73%	—	—
Current Drawdown Current decline from peak	-32.10%	0.00%	-32.10%
Average Drawdown Average peak-to-trough decline	-39.19%	-22.42%	-16.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.83%	23.46%	-7.63%

Volatility

WTIU vs. MVLL - Volatility Comparison

The current volatility for MicroSectors Energy 3X Leveraged ETN (WTIU) is 27.06%, while GraniteShares 2x Long MRVL Daily ETF (MVLL) has a volatility of 60.78%. This indicates that WTIU experiences smaller price fluctuations and is considered to be less risky than MVLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTIU	MVLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.06%	60.78%	-33.72%
Volatility (6M) Calculated over the trailing 6-month period	54.98%	96.08%	-41.10%
Volatility (1Y) Calculated over the trailing 1-year period	67.51%	133.11%	-65.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.62%	139.63%	-69.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.62%	139.63%	-69.01%

WTIU vs. MVLL - Expense Ratio Comparison

WTIU has a 0.95% expense ratio, which is lower than MVLL's 1.50% expense ratio.

Dividends

WTIU vs. MVLL - Dividend Comparison

Neither WTIU nor MVLL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WTIU and MVLL in my portfolio?

WTIU and MVLL have a correlation of 0.04, 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 MVLL?

MVLL has higher volatility (60.78%) compared to WTIU (27.06%). In terms of maximum drawdown, WTIU dropped -75.73% vs MVLL's -59.02%.

Which ETF is better, WTIU or MVLL?

On 1-year performance, MVLL leads with 1215.17% vs 103.25% for WTIU. 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 MVLL?

Over the 1-year period, MVLL has performed better with a 1215.17% return vs 103.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTIU or MVLL?

WTIU is cheaper with a 0.95% expense ratio, compared with 1.50% for MVLL.

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

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

What is the main difference between WTIU and MVLL?

WTIU tracks Solactive MicroSectors Energy Index - Benchmark TR Gross (--300%), while MVLL tracks Marvell Technology Inc. (MRVL). They also come from different issuers: REX and GraniteShares. Their fees differ too: 0.95% for WTIU and 1.50% for MVLL.

Which has better risk-adjusted returns?

MVLL currently has the higher Sharpe Ratio (9.23 vs 1.54), 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.