HYGW vs BEX

Comparison between ISHARES HIGH YIELD CORPORATE BOND BUYWRITE STRATEGY ETF (HYGW, ETF) and Tradr 2X Long BE Daily ETF (BEX, ETF).

HYGW vs BEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYGW(ETF)	BEX(ETF)
Net Assets	$109M	$109M
Expense Ratio	0.69%	N/A
Max Drawdown	27.75%	42.51%
Sharpe Ratio	0.99	-4.18
5Y Beta	0.16	7.53

Net Assets

Winner

HYGW

$109M

BEX

$109M

Expense Ratio

HYGW

0.69%

BEX

N/A

Max Drawdown

Winner

HYGW

27.75%

BEX

42.51%

Sharpe Ratio

Winner

HYGW

0.99

BEX

-4.18

5Y Beta

Winner

HYGW

0.16

BEX

7.53

HYGW vs BEX - Historical Returns

Returns include dividend reinvestment.

Period	HYGW	BEX
1 month	+0.64%	N/A
3 months	+2.27%	N/A
6 months	+2.38%	N/A
1 year	+6.48%	N/A
Max(CAGR)	+5.83%	-99.95%

HYGW

+0.64%

BEX

N/A

HYGW

+2.27%

BEX

N/A

HYGW

+2.38%

BEX

N/A

HYGW

+6.48%

BEX

N/A

Max(CAGR)

Winner

HYGW

+5.83%

BEX

-99.95%

HYGW vs BEX - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	HYGW	BEX
2026	+1.88%	-30.05%
2025	+6.12%	N/A
2024	+7.01%	N/A
2023	+7.10%	N/A
2022	-0.15%	N/A

HYGW vs BEX Drawdown Comparison

The maximum drawdown for HYGW was -5.49%, occurring on Sep 27, 2022. Recovery took 92 trading sessions.

The maximum drawdown for BEX was -42.51%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current HYGW drawdown is -0.05%. The current BEX drawdown is -30.05%.

Rank	HYGW	BEX
#1	-5.49% Aug 25, 2022 - Jan 6, 2023	-42.51% May 26, 2026 - Jun 10, 2026
#2	-3.65% Jul 31, 2023 - Jan 8, 2024	N/A
#3	-3.41% Feb 28, 2025 - Jun 2, 2025	N/A
#4	-2.90% Feb 2, 2023 - Apr 21, 2023	N/A
#5	-1.82% Feb 19, 2026 - May 1, 2026	N/A
#6	-1.33% Apr 8, 2024 - May 21, 2024	N/A
#7	-0.93% Dec 17, 2024 - Jan 30, 2025	N/A
#8	-0.92% Aug 1, 2024 - Aug 9, 2024	N/A
#9	-0.92% Jun 30, 2023 - Jul 12, 2023	N/A
#10	-0.90% Oct 1, 2025 - Oct 15, 2025	N/A
#11	-0.90% May 10, 2023 - Jun 2, 2023	N/A
#12	-0.86% Nov 8, 2024 - Dec 5, 2024	N/A
#13	-0.68% Nov 11, 2025 - Nov 28, 2025	N/A
#14	-0.68% Jul 26, 2023 - Jul 31, 2023	N/A
#15	-0.66% Jun 15, 2023 - Jun 28, 2023	N/A

Correlation

Correlation between HYGW and BEX is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101