FLCE vs WNTR

Comparison between FRONTIER ASSET U.S. LARGE CAP EQUITY ETF (FLCE, ETF) and YieldMax Short MSTR Option Income Strategy ETF (WNTR, ETF).

FLCE vs WNTR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLCE(ETF)	WNTR(ETF)
Net Assets	$81M	$81M
Expense Ratio	0.86%	1.00%
Max Drawdown	17.52%	65.41%
Sharpe Ratio	1.12	1.54
5Y Beta	0.89	-1.41

Net Assets

FLCE

$81M

Winner

WNTR

$81M

Expense Ratio

Winner

FLCE

0.86%

WNTR

1.00%

Max Drawdown

Winner

FLCE

17.52%

WNTR

65.41%

Sharpe Ratio

FLCE

1.12

Winner

WNTR

1.54

5Y Beta

FLCE

0.89

Winner

WNTR

-1.41

FLCE vs WNTR - Holdings Comparison

FLCE and WNTR have 0 common holdings. Overlap is 0.00%

FLCE's top 25 holdings weight is 99.69%. WNTR's top 25 holdings weight is 28.25%.

Rank	FLCE	WNTR
#1	T. ROWE PRICE US EQUITY RESEARCH ETF (TSPA) - 26.00%	MSTR US 08/21/26 P130 (n/a) - 28.19%
#2	ISHARES U.S. EQUITY FACTOR ETF (LRGF) - 18.96%	MSTR US 07/17/26 P130 (n/a) - 14.18%
#3	JPMORGAN ACTIVE VALUE ETF (JAVA) - 15.37%	MSTR 08/21/2026 95.02 P (n/a) - 10.60%
#4	VANGUARD DIVIDEND APPRECIATION ETF (VIG) - 11.85%	OTHER ASSETS AND LIABILITIES (n/a) - 3.32%
#5	T. ROWE PRICE CAPITAL APPREC EQ ETF (TCAF) - 11.24%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 2.76%
#6	JPMORGAN ACTIVE GROWTH ETF (JGRO) - 11.14%	MSTR US 07/10/26 P86 (n/a) - 1.72%
#7	GMO U.S. QUALITY ETF (QLTY) - 5.13%	MSTR US 08/21/26 C155 (n/a) - 1.41%
#8	N/A	MSTR US 08/21/26 C275 (n/a) - 0.61%
#9	N/A	MSTR US 07/02/26 P87 (n/a) - 0.49%
#10	N/A	MSTR US 07/02/26 P88 (n/a) - 0.46%
#11	N/A	MSTR US 07/17/26 C210 (n/a) - 0.25%
#12	N/A	STRATEGY INC CLASS A (MSTR) - 0.00%
#13	N/A	US DOLLARS (n/a) - 0.00%
#14	N/A	MSTR US 07/02/26 P93 (n/a) - -0.34%
#15	N/A	MSTR US 07/02/26 P90 (n/a) - -0.46%
#16	N/A	MSTR US 07/02/26 P94 (n/a) - -1.25%
#17	N/A	MSTR 07/17/2026 130.02 C (n/a) - -3.36%
#18	N/A	MSTR US 07/10/26 P92.5 (n/a) - -3.55%
#19	N/A	CASH OFFSET (n/a) - -3.77%
#20	N/A	MSTR 08/21/2026 95.02 C (n/a) - -10.41%
#21	N/A	MSTR 08/21/2026 130.02 C (n/a) - -12.60%
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	7	21

FLCE vs WNTR - Historical Returns

Returns include dividend reinvestment.

Period	FLCE	WNTR
1 month	+0.64%	+1.43%
3 months	+5.92%	+28.47%
6 months	+7.99%	+10.55%
1 year	+17.69%	+105.35%
Max(CAGR)	+14.40%	+41.73%

FLCE

+0.64%

Winner

WNTR

+1.43%

FLCE

+5.92%

Winner

WNTR

+28.47%

FLCE

+7.99%

Winner

WNTR

+10.55%

FLCE

+17.69%

Winner

WNTR

+105.35%

Max(CAGR)

FLCE

+14.40%

Winner

WNTR

+41.73%

FLCE vs WNTR - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	FLCE	WNTR
2026	+8.75%	+4.86%
2025	+14.58%	+53.90%
2024	-0.76%	N/A

FLCE vs WNTR Drawdown Comparison

The maximum drawdown for FLCE was -17.52%, occurring on Apr 8, 2025. Recovery took 90 trading sessions.

The maximum drawdown for WNTR was -42.74%, occurring on May 11, 2026. This drawdown has not yet recovered.

The current FLCE drawdown is -0.86%. The current WNTR drawdown is -15.94%.

Rank	FLCE	WNTR
#1	-17.52% Feb 19, 2025 - Jun 30, 2025	-42.74% Feb 5, 2026 - May 11, 2026
#2	-8.90% Jan 12, 2026 - Apr 15, 2026	-38.44% Apr 8, 2025 - Nov 13, 2025
#3	-4.76% Oct 27, 2025 - Dec 10, 2025	-12.16% Dec 31, 2025 - Jan 29, 2026
#4	-3.66% Jun 2, 2026 - Jul 6, 2026	-7.20% Dec 1, 2025 - Dec 15, 2025
#5	-3.10% Dec 26, 2024 - Jan 21, 2025	-6.11% Mar 28, 2025 - Apr 3, 2025
#6	-2.87% Oct 8, 2025 - Oct 24, 2025	-4.24% Jan 29, 2026 - Feb 2, 2026
#7	-2.41% Dec 11, 2025 - Dec 23, 2025	-4.01% Nov 17, 2025 - Nov 19, 2025
#8	-2.35% Jul 25, 2025 - Aug 12, 2025	-3.59% Nov 21, 2025 - Nov 25, 2025
#9	-1.79% May 14, 2026 - May 26, 2026	-2.92% Dec 18, 2025 - Dec 23, 2025
#10	-1.77% Jul 10, 2026 - Jul 20, 2026	-2.04% Apr 3, 2025 - Apr 7, 2025
#11	-1.40% Sep 22, 2025 - Oct 1, 2025	-1.57% Nov 25, 2025 - Dec 1, 2025
#12	-1.36% Jan 23, 2025 - Feb 13, 2025	-0.79% Dec 15, 2025 - Dec 17, 2025
#13	-1.18% Aug 14, 2025 - Aug 22, 2025	N/A
#14	-1.14% Dec 26, 2025 - Jan 6, 2026	N/A
#15	-1.11% Aug 28, 2025 - Sep 4, 2025	N/A