HWAY vs AZYY

Comparison between THEMES US INFRASTRUCTURE ETF (HWAY, ETF) and GRANITESHARES YIELDBOOST AMZN ETF (AZYY, ETF).

HWAY vs AZYY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HWAY(ETF)	AZYY(ETF)
Net Assets	$3.30M	$3.30M
Expense Ratio	0.29%	1.07%
Max Drawdown	26.12%	39.20%
Sharpe Ratio	1.67	-0.88
5Y Beta	1.04	1.01
P/E Ratio	31.08	N/A
Forward P/E	23.76	N/A
5Y EPS CAGR	17.59%	N/A
Debt to Equity	31.51%	N/A
P/S Ratio	2.65	N/A
P/B Ratio	4.95	N/A

Net Assets

HWAY

$3.30M

AZYY

$3.30M

Expense Ratio

Winner

HWAY

0.29%

AZYY

1.07%

Max Drawdown

Winner

HWAY

26.12%

AZYY

39.20%

Sharpe Ratio

Winner

HWAY

1.67

AZYY

-0.88

5Y Beta

HWAY

1.04

Winner

AZYY

1.01

P/E Ratio

HWAY

31.08

AZYY

N/A

Forward P/E

HWAY

23.76

AZYY

N/A

5Y EPS CAGR

HWAY

17.59%

AZYY

N/A

Debt to Equity

HWAY

31.51%

AZYY

N/A

P/S Ratio

HWAY

2.65

AZYY

N/A

P/B Ratio

HWAY

4.95

AZYY

N/A

HWAY vs AZYY - Historical Returns

Returns include dividend reinvestment.

Period	HWAY	AZYY
1 month	+2.46%	-5.41%
3 months	+16.45%	+2.59%
6 months	+21.08%	-4.54%
1 year	+42.28%	N/A
Max(CAGR)	+27.89%	-16.39%

Winner

HWAY

+2.46%

AZYY

-5.41%

Winner

HWAY

+16.45%

AZYY

+2.59%

Winner

HWAY

+21.08%

AZYY

-4.54%

HWAY

+42.28%

AZYY

N/A

Max(CAGR)

Winner

HWAY

+27.89%

AZYY

-16.39%

HWAY vs AZYY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	HWAY	AZYY
2026	+21.51%	-4.44%
2025	+20.79%	-5.32%
2024	+3.38%	N/A

HWAY vs AZYY Drawdown Comparison

The maximum drawdown for HWAY was -25.96%, occurring on Apr 8, 2025. Recovery took 164 trading sessions.

The maximum drawdown for AZYY was -23.08%, occurring on Feb 13, 2026. This drawdown has not yet recovered.

The current HWAY drawdown is -0.40%. The current AZYY drawdown is -17.06%.

Rank	HWAY	AZYY
#1	-25.96% Nov 25, 2024 - Jul 25, 2025	-23.08% Nov 11, 2025 - Feb 13, 2026
#2	-12.63% Feb 20, 2026 - Apr 23, 2026	-7.62% Sep 19, 2025 - Oct 31, 2025
#3	-7.19% May 6, 2026 - May 19, 2026	-1.93% Nov 3, 2025 - Nov 10, 2025
#4	-5.78% Oct 29, 2025 - Dec 3, 2025	-0.63% Sep 16, 2025 - Sep 19, 2025
#5	-3.97% Jul 25, 2025 - Aug 13, 2025	N/A
#6	-3.77% Dec 11, 2025 - Jan 6, 2026	N/A
#7	-3.51% Nov 6, 2024 - Nov 22, 2024	N/A
#8	-3.47% Oct 8, 2025 - Oct 21, 2025	N/A
#9	-3.12% Oct 18, 2024 - Nov 6, 2024	N/A
#10	-2.79% Sep 19, 2024 - Oct 11, 2024	N/A
#11	-2.43% Aug 22, 2025 - Sep 22, 2025	N/A
#12	-2.39% Apr 23, 2026 - Apr 30, 2026	N/A
#13	-2.29% Aug 13, 2025 - Aug 22, 2025	N/A
#14	-2.19% Feb 11, 2026 - Feb 20, 2026	N/A
#15	-2.18% Jan 6, 2026 - Jan 9, 2026	N/A

Correlation

Correlation between HWAY and AZYY is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

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