An actively managed ETF: Vanguard's managers hold US dollar municipal bonds from states, local governments and agencies, with interest exempt from federal income tax and the alternative minimum tax.
VCRM, the Vanguard Core Tax-Exempt Bond ETF, is a $1.8 billion ETF whose main story is the income overlay. Over the past year it returned −1.0%, against +16.8% for broad US ETFs. Figures to October 2, 2026; past performance, not a recommendation.
FRI OCT 2 MARKET PRICE TOTAL RETURN
How closely it moves With the market 0.06
−1 opposite 0 unrelated +1 in step
VCRM moves largely apart from the market. When the market has moved 1%, VCRM has tended to move 0.02%.
With The income overlay 0.20
−1 opposite 0 unrelated +1 in step
VCRM moves largely apart from the income overlay. When the income overlay has moved 1%, VCRM has tended to move 0.10%.
Weekly returns over 97 weeks. The narrative is measured without VCRM in it, so it is not compared with itself.
ETFs it moves most and least like ← moves opposite moves in step →
Correlation of weekly returns over the last 3 years, among unlevered ETFs StoryVector covers.
Where it sits in The income overlay -100% 0% +100% +200% +300% +400% +500% 0% 100% 200% Volatility, last year → AAPY: +29.3%, volatility 26.6% ACKY: -1.6%, volatility 16.1% AIPI: +23.6%, volatility 19.0% AIYY: -44.9%, volatility 47.4% ALTY: +6.8%, volatility 6.0% AMDY: +193.6%, volatility 61.7% AMYY: +35.0%, volatility 23.1% AMZP: +4.5%, volatility 33.8% AMZY: +8.9%, volatility 27.0% APLY: +17.0%, volatility 20.8% APMU: -1.9%, volatility 2.8% AUSM: +1.4%, volatility 0.8% AVMU: -2.8%, volatility 4.1% AZYY: -4.1%, volatility 18.9% BAB: -3.4%, volatility 5.4% BABO: -36.5%, volatility 34.5% BAGY: -39.4%, volatility 43.4% BALI: +18.3%, volatility 10.8% BAMD: +8.4%, volatility 10.5% BCCC: -23.3%, volatility 35.5% BDIV: +9.3%, volatility 9.5% BDVG: +17.4%, volatility 10.7% BGDV: +13.9%, volatility 11.2% BIGY: +13.1%, volatility 11.3% BITY: -37.2%, volatility 41.8% BNDI: -0.5%, volatility 4.4% BPI: -27.0%, volatility 40.7% BRKC: +0.8%, volatility 12.3% BSMQ: +1.9%, volatility 1.3% BSMR: +1.1%, volatility 1.5% BSMS: +0.2%, volatility 1.8% BSMT: -0.8%, volatility 2.4% BSMU: -1.9%, volatility 2.6% BSMV: -2.1%, volatility 2.9% BSMW: -1.7%, volatility 3.2% BSMY: -2.7%, volatility 4.0% BSMZ: -3.0%, volatility 4.4% BSSX: -2.5%, volatility 3.6% BTCI: -28.6%, volatility 40.4% BUCK: +3.1%, volatility 2.4% BUYW: +8.2%, volatility 4.9% CALI: +0.9%, volatility 0.9% CATF: -1.6%, volatility 3.6% CCEF: +7.2%, volatility 8.7% CEPI: +12.8%, volatility 29.6% CGDG: +9.0%, volatility 10.8% CGDV: +17.3%, volatility 12.7% CGHM: -0.5%, volatility 3.6% CGMU: -1.2%, volatility 2.7% CGSM: +0.8%, volatility 1.6% CHPY: +90.8%, volatility 40.2% CMF: -2.3%, volatility 3.3% CONY: -43.9%, volatility 60.7% COWS: +15.6%, volatility 15.6% COYY: -59.6%, volatility 30.0% CRCO: -39.6%, volatility 80.4% CSHI: +5.0%, volatility 0.8% CSPF: +1.9%, volatility 3.9% CTIF: +4.5%, volatility 13.0% CVNY: -10.5%, volatility 51.3% CVRD: +1.9%, volatility 10.0% DDIV: +13.4%, volatility 14.8% DES: +17.8%, volatility 14.7% DFCA: -1.6%, volatility 2.2% DFII: -31.6%, volatility 42.8% DFNM: -0.7%, volatility 2.1% DGRO: +13.4%, volatility 9.6% DGRS: +16.4%, volatility 15.7% DGRW: +11.6%, volatility 10.6% DHS: +15.6%, volatility 10.4% DIV: +15.1%, volatility 10.3% DIVB: +27.7%, volatility 12.9% DIVE: +7.5%, volatility 12.9% DIVG: +13.4%, volatility 10.8% DIVL: +7.1%, volatility 10.6% DIVN: +16.9%, volatility 10.3% DIVO: +12.4%, volatility 9.6% DIVP: +9.1%, volatility 10.4% DIVS: +9.5%, volatility 10.7% DIVY: +15.8%, volatility 12.8% DIVZ: +3.6%, volatility 9.9% DJD: +15.4%, volatility 10.8% DJIA: +13.2%, volatility 8.0% DLN: +14.7%, volatility 9.1% DOGG: +12.7%, volatility 11.9% DON: +7.0%, volatility 12.1% DRAY: -47.2%, volatility 45.3% DTD: +14.3%, volatility 9.4% DURA: +16.6%, volatility 14.7% DVND: +11.2%, volatility 10.2% DVY: +11.6%, volatility 11.2% DYLG: +12.4%, volatility 9.9% EASY: +16.7%, volatility 11.6% EFAA: +12.5%, volatility 12.6% EGGY: +20.3%, volatility 44.4% EIPI: +17.2%, volatility 10.5% ELCV: +15.8%, volatility 12.8% EPRF: -8.6%, volatility 7.5% EQIN: +12.3%, volatility 10.4% EVIM: -0.8%, volatility 3.1% EVSM: +0.7%, volatility 1.4% EVYM: -0.7%, volatility 4.3% FBY: -5.7%, volatility 34.7% FCAL: -1.4%, volatility 3.4% FDCF: +4.8%, volatility 19.8% FDIV: -0.1%, volatility 12.3% FDL: +17.4%, volatility 11.9% FDND: +2.4%, volatility 20.1% FDRR: +18.9%, volatility 11.6% FDV: +13.3%, volatility 10.6% FDVV: +12.6%, volatility 10.8% FEPI: +16.0%, volatility 19.7% FGSI: +5.4%, volatility 12.7% FLMB: -3.3%, volatility 4.0% FLMI: -1.8%, volatility 3.5% FMB: -1.8%, volatility 3.2% FMHI: -1.4%, volatility 3.7% FMNY: -2.4%, volatility 3.8% FMUN: -2.6%, volatility 3.7% FPE: -0.9%, volatility 4.2% FPEI: +0.9%, volatility 3.9% FPFD: -2.2%, volatility 3.1% FRIZ: +5.8%, volatility 9.8% FSMB: +0.4%, volatility 1.7% FSTA: +5.0%, volatility 14.1% FTBI: +7.2%, volatility 7.8% FTDS: +13.7%, volatility 12.4% FTHI: +9.4%, volatility 9.7% FTKI: +16.9%, volatility 10.5% FTQI: +21.6%, volatility 11.4% FUMB: +1.8%, volatility 0.9% FVD: +4.8%, volatility 10.0% FXG: -5.2%, volatility 14.0% FYEE: +17.2%, volatility 10.8% GDIV: +14.3%, volatility 12.0% GDXY: +0.8%, volatility 41.8% GEND: +16.8%, volatility 10.7% GENM: -1.1%, volatility 3.1% GENW: +17.4%, volatility 14.3% GIAX: +17.5%, volatility 26.9% GLDI: +5.1%, volatility 17.9% GMEY: -21.9%, volatility 29.4% GMUB: -0.2%, volatility 3.0% GOLI: -2.9%, volatility 26.6% GOOP: +26.4%, volatility 32.5% GOOY: +32.7%, volatility 25.8% GPIQ: +23.2%, volatility 17.1% GPIX: +16.9%, volatility 11.3% GPRF: -1.4%, volatility 3.8% GPTY: +31.2%, volatility 27.9% GQI: +18.9%, volatility 9.7% GUMI: +2.5%, volatility 0.9% GXPC: +11.2%, volatility 23.1% GYLD: +8.6%, volatility 12.8% HCOW: +10.0%, volatility 13.5% HDV: +18.8%, volatility 11.0% HIDV: +16.2%, volatility 12.6% HIGH: -2.4%, volatility 7.8% HIMU: -2.0%, volatility 4.7% HIYY: -45.4%, volatility 79.7% HMOP: -1.6%, volatility 3.2% HOOY: -21.1%, volatility 58.8% HOYY: -47.2%, volatility 31.7% HTAX: -1.5%, volatility 5.1% HYBI: +2.9%, volatility 3.3% HYD: -1.2%, volatility 4.2% HYGW: +3.0%, volatility 3.1% HYMB: -2.4%, volatility 4.6% IAUI: +4.3%, volatility 23.3% IBMO: +2.4%, volatility 1.1% IBMP: +1.6%, volatility 1.1% IBMQ: +0.8%, volatility 1.4% IBMR: -0.2%, volatility 1.8% IBMT: -1.9%, volatility 3.0% ICAP: +10.3%, volatility 14.8% IDUB: +21.0%, volatility 16.7% IDVO: +18.3%, volatility 16.9% IGLD: +3.8%, volatility 26.4% INMU: -0.6%, volatility 3.0% INTM: +0.3%, volatility 3.0% IQQQ: +18.1%, volatility 18.7% ISPY: +12.4%, volatility 12.7% ITM: -2.2%, volatility 3.5% ITWO: +18.4%, volatility 18.6% IVVW: +15.7%, volatility 8.8% IWMI: +16.9%, volatility 15.0% IWMW: +13.5%, volatility 12.5% IWMY: +4.5%, volatility 16.4% IYK: +7.0%, volatility 13.9% IYRI: -0.3%, volatility 10.7% JEPI: +6.9%, volatility 8.1% JEPQ: +19.7%, volatility 14.8% JHDV: +18.3%, volatility 12.6% JHMU: -1.4%, volatility 3.4% JHPI: -0.7%, volatility 3.5% JMHI: -2.6%, volatility 4.1% JMST: +1.9%, volatility 0.7% JMUB: -2.0%, volatility 3.1% JOYT: +16.2%, volatility 9.6% JPO: +5.9%, volatility 19.4% KBWD: -8.9%, volatility 16.4% KHPI: +10.9%, volatility 7.4% KLIP: -18.8%, volatility 17.4% KNG: +6.2%, volatility 10.9% KNGZ: +18.1%, volatility 14.0% KVLE: +9.5%, volatility 11.5% LFGY: -9.0%, volatility 42.0% LMUB: -3.4%, volatility 4.9% LQDW: -0.1%, volatility 4.2% LVHD: +4.6%, volatility 10.5% MAGY: +2.8%, volatility 17.0% MARO: -47.1%, volatility 67.5% MBND: -2.5%, volatility 3.6% MBOX: +15.9%, volatility 10.7% MDPL: +4.6%, volatility 16.9% MDST: +15.3%, volatility 12.9% MEAR: +1.2%, volatility 0.9% MFLX: -2.1%, volatility 4.7% MFSM: -1.7%, volatility 3.2% MINN: -3.7%, volatility 4.5% MINO: -2.2%, volatility 3.3% MLN: -3.4%, volatility 5.0% MLPD: +8.2%, volatility 8.4% MMCA: -1.7%, volatility 3.1% MMIT: -1.3%, volatility 2.9% MMSD: +0.5%, volatility 2.1% MNBD: -0.2%, volatility 3.1% MRNY: +411.2%, volatility 179.8% MSFO: +2.6%, volatility 28.7% MSFY: -5.5%, volatility 33.7% MSTY: -47.9%, volatility 69.8% MTYY: -68.1%, volatility 30.1% MUB: -2.0%, volatility 3.4% MUNI: -1.6%, volatility 2.8% MUNY: -2.4%, volatility 3.4% MUST: -3.6%, volatility 5.6% MVFD: +14.8%, volatility 14.9% MYMF: +2.1%, volatility 0.7% MYMG: +2.1%, volatility 1.2% MYMH: +1.4%, volatility 1.3% MYMI: -0.3%, volatility 1.9% MYMJ: -0.5%, volatility 1.9% MYMK: -0.4%, volatility 2.1% NDIV: +28.6%, volatility 19.2% NFLP: -48.0%, volatility 39.1% NFLY: -38.2%, volatility 29.4% NHYM: -1.5%, volatility 4.5% NIHI: +12.9%, volatility 14.4% NMB: -4.9%, volatility 6.6% NOBL: +7.5%, volatility 11.8% NPFI: +1.2%, volatility 3.2% NUMI: -1.8%, volatility 3.8% NVDY: +24.9%, volatility 30.3% NVYY: +0.7%, volatility 21.4% NYF: -2.1%, volatility 3.3% OARK: +4.3%, volatility 29.2% ONEY: +12.7%, volatility 12.3% OUSA: +7.1%, volatility 10.6% OUSM: +6.4%, volatility 12.7% OVL: +18.9%, volatility 15.3% OVM: +0.7%, volatility 5.4% OVS: +19.8%, volatility 18.4% PAPI: +10.3%, volatility 9.9% PBP: +19.1%, volatility 7.5% PEY: +13.5%, volatility 14.0% PFF: -1.8%, volatility 7.6% PFFA: -0.4%, volatility 7.9% PFFD: -3.7%, volatility 7.6% PFFR: -2.4%, volatility 7.8% PFFV: +1.5%, volatility 3.9% PFLD: +2.9%, volatility 3.2% PFM: +10.0%, volatility 9.5% PFXF: +5.0%, volatility 10.8% PGF: -7.5%, volatility 5.8% PGX: -8.0%, volatility 5.8% PLTY: +7.1%, volatility 51.9% PLYY: -29.4%, volatility 26.2% PMIO: -0.6%, volatility 2.6% PQDI: +0.5%, volatility 3.6% PREF: +1.2%, volatility 3.2% PRFD: -0.2%, volatility 3.5% PSK: -8.3%, volatility 5.9% PUSH: +2.0%, volatility 1.3% PVI: +2.1%, volatility 2.5% PWZ: -3.6%, volatility 4.7% PYPY: -25.4%, volatility 39.2% PZA: -4.3%, volatility 4.5% PZT: -4.3%, volatility 5.6% QDEF: +13.6%, volatility 10.0% QDF: +16.0%, volatility 12.2% QDIV: +12.2%, volatility 12.4% QDPL: +15.2%, volatility 12.7% QDTE: +24.0%, volatility 18.3% QDTY: +22.0%, volatility 18.9% QDVO: +15.8%, volatility 13.3% QLDY: +20.7%, volatility 21.8% QQA: +20.8%, volatility 15.7% QQQH: +12.0%, volatility 11.8% QQQI: +18.4%, volatility 16.7% QQQT: +21.3%, volatility 18.5% QQQY: +21.3%, volatility 18.0% QRMI: +8.4%, volatility 6.8% QSIX: +21.9%, volatility 18.3% QTPI: +0.6%, volatility 4.4% QUSA: +4.9%, volatility 11.5% QXQ: +25.3%, volatility 19.8% QYLD: +23.1%, volatility 11.2% QYLG: +24.1%, volatility 15.2% RBLY: -65.3%, volatility 58.6% RDIV: +14.1%, volatility 13.2% RDTE: +16.7%, volatility 16.9% RDTY: +15.9%, volatility 17.3% RDVI: +18.1%, volatility 14.0% RDVY: +18.3%, volatility 14.7% RDYY: -19.2%, volatility 57.3% REGL: +5.5%, volatility 12.6% RFDA: +15.1%, volatility 11.3% RJDI: +16.9%, volatility 11.8% RJMI: -1.1%, volatility 3.5% RMCA: -2.5%, volatility 4.0% RMNY: -2.1%, volatility 4.4% RMOP: -1.1%, volatility 4.4% RNTY: +2.8%, volatility 11.0% RSPA: +11.1%, volatility 9.6% RSPC: -13.1%, volatility 14.8% RYLD: +16.1%, volatility 10.4% RYLG: +16.2%, volatility 14.6% SCDV: +6.7%, volatility 15.6% SCHD: +23.9%, volatility 11.2% SCLZ: +13.3%, volatility 10.4% SCMB: -2.7%, volatility 3.5% SDIV: +6.9%, volatility 12.2% SDOG: +18.0%, volatility 11.6% SDTY: +16.3%, volatility 12.0% SDVD: +11.4%, volatility 14.2% SDVY: +9.8%, volatility 14.3% SDY: +8.3%, volatility 10.7% SEPI: +21.5%, volatility 12.6% SHM: -0.3%, volatility 1.7% SHYD: -0.2%, volatility 3.0% SLVO: +18.6%, volatility 34.9% SMB: +0.1%, volatility 1.8% SMCY: -20.4%, volatility 76.1% SMDV: +12.7%, volatility 14.3% SMIG: +7.9%, volatility 11.7% SMMU: +0.8%, volatility 1.3% SMYY: -28.3%, volatility 28.6% SNOY: +42.9%, volatility 57.1% SNPD: +10.7%, volatility 11.5% SOXY: +93.4%, volatility 42.1% SPDG: +16.3%, volatility 12.8% SPDV: +15.8%, volatility 12.2% SPFF: +4.9%, volatility 10.7% SPHD: +2.3%, volatility 11.8% SPIN: +11.8%, volatility 11.8% SPUC: +11.2%, volatility 16.1% SPUT: +11.4%, volatility 8.1% SPYD: +7.9%, volatility 11.8% SPYH: +11.4%, volatility 8.6% SPYI: +15.3%, volatility 10.9% SPYT: +14.4%, volatility 11.8% SRHR: +4.8%, volatility 13.1% STAX: +0.2%, volatility 1.6% STXD: +6.9%, volatility 12.2% SUB: +0.6%, volatility 1.3% SWP: +8.2%, volatility 12.3% TAFI: +0.6%, volatility 1.6% TAFL: -2.9%, volatility 4.4% TAFM: -1.5%, volatility 3.4% TAXE: -0.6%, volatility 2.7% TAXF: -1.3%, volatility 3.6% TAXI: -0.2%, volatility 2.3% TAXS: +0.8%, volatility 1.3% TBG: +11.9%, volatility 10.1% TCAI: +56.7%, volatility 44.1% TCAL: +1.1%, volatility 10.3% TDAQ: +24.3%, volatility 19.7% TDIV: +17.6%, volatility 20.8% TDVG: +11.3%, volatility 9.8% TDVI: +18.5%, volatility 20.1% TEQI: +17.0%, volatility 10.8% TFI: -2.7%, volatility 3.4% TLTI: -7.5%, volatility 9.1% TLTP: -6.2%, volatility 7.5% TLTW: -4.8%, volatility 8.2% TMDV: +7.8%, volatility 12.1% TNGY: +25.6%, volatility 18.0% TPHD: +6.8%, volatility 10.4% TQQY: +0.7%, volatility 20.1% TSLP: -20.4%, volatility 46.5% TSLY: -7.2%, volatility 37.6% TSMY: +54.4%, volatility 33.6% TSPY: +14.6%, volatility 12.7% TSYY: -24.6%, volatility 27.3% TXXI: -1.5%, volatility 3.3% TYLG: +34.1%, volatility 19.7% UDI: +16.0%, volatility 10.0% UDIV: +19.3%, volatility 13.2% ULTY: -6.7%, volatility 22.3% USOI: +43.7%, volatility 24.6% VDC: +5.1%, volatility 14.1% VEGA: +9.1%, volatility 10.1% VIG: +10.1%, volatility 10.2% VRP: +1.9%, volatility 3.0% VSDA: +8.1%, volatility 11.6% VSDM: +0.5%, volatility 1.7% VTEB: -2.2%, volatility 3.3% VTEC: -2.3%, volatility 3.1% VTEI: -1.7%, volatility 2.8% VTEL: -3.0%, volatility 4.2% VTES: -0.3%, volatility 1.6% VYM: +13.8%, volatility 10.3% WBIY: +16.8%, volatility 14.1% WDTE: +15.4%, volatility 11.6% WEEI: +31.5%, volatility 15.2% WEEL: +12.7%, volatility 8.9% WTMU: -2.3%, volatility 2.9% WTMY: -2.3%, volatility 2.9% XBTY: -37.9%, volatility 23.7% XDTE: +16.0%, volatility 12.0% XLII: +11.7%, volatility 12.9% XLP: +6.2%, volatility 14.5% XLUI: -2.5%, volatility 11.8% XLYI: -3.3%, volatility 16.6% XMPT: -6.1%, volatility 8.4% XOMO: +32.6%, volatility 21.2% XPAY: +15.2%, volatility 12.9% XRMI: +10.4%, volatility 5.6% XSHD: +0.5%, volatility 14.2% XUDV: +21.6%, volatility 12.6% XV: +10.1%, volatility 9.1% XYLD: +18.0%, volatility 7.1% XYLG: +17.2%, volatility 10.2% XYZY: -7.9%, volatility 39.0% YBIT: -28.4%, volatility 37.6% YBTC: -33.0%, volatility 40.2% YETH: -35.9%, volatility 53.0% YLDE: +8.2%, volatility 9.5% YMAG: +11.0%, volatility 18.3% YMAX: -1.3%, volatility 24.8% YSPY: +8.4%, volatility 17.7% ZHDG: +8.0%, volatility 11.4% ZMUN: +2.5%, volatility 0.8% ZTAX: +1.8%, volatility 33.0% VCRM -100% 0% +100% +200% +300% +400% +500% 0% 100% 200% Volatility, last year → AAPY: +29.3%, volatility 26.6% ACKY: -1.6%, volatility 16.1% AIPI: +23.6%, volatility 19.0% AIYY: -44.9%, volatility 47.4% ALTY: +6.8%, volatility 6.0% AMDY: +193.6%, volatility 61.7% AMYY: +35.0%, volatility 23.1% AMZP: +4.5%, volatility 33.8% AMZY: +8.9%, volatility 27.0% APLY: +17.0%, volatility 20.8% APMU: -1.9%, volatility 2.8% AUSM: +1.4%, volatility 0.8% AVMU: -2.8%, volatility 4.1% AZYY: -4.1%, volatility 18.9% BAB: -3.4%, volatility 5.4% BABO: -36.5%, volatility 34.5% BAGY: -39.4%, volatility 43.4% BALI: +18.3%, volatility 10.8% BAMD: +8.4%, volatility 10.5% BCCC: -23.3%, volatility 35.5% BDIV: +9.3%, volatility 9.5% BDVG: +17.4%, volatility 10.7% BGDV: +13.9%, volatility 11.2% BIGY: +13.1%, volatility 11.3% BITY: -37.2%, volatility 41.8% BNDI: -0.5%, volatility 4.4% BPI: -27.0%, volatility 40.7% BRKC: +0.8%, volatility 12.3% BSMQ: +1.9%, volatility 1.3% BSMR: +1.1%, volatility 1.5% BSMS: +0.2%, volatility 1.8% BSMT: -0.8%, volatility 2.4% BSMU: -1.9%, volatility 2.6% BSMV: -2.1%, volatility 2.9% BSMW: -1.7%, volatility 3.2% BSMY: -2.7%, volatility 4.0% BSMZ: -3.0%, volatility 4.4% BSSX: -2.5%, volatility 3.6% BTCI: -28.6%, volatility 40.4% BUCK: +3.1%, volatility 2.4% BUYW: +8.2%, volatility 4.9% CALI: +0.9%, volatility 0.9% CATF: -1.6%, volatility 3.6% CCEF: +7.2%, volatility 8.7% CEPI: +12.8%, volatility 29.6% CGDG: +9.0%, volatility 10.8% CGDV: +17.3%, volatility 12.7% CGHM: -0.5%, volatility 3.6% CGMU: -1.2%, volatility 2.7% CGSM: +0.8%, volatility 1.6% CHPY: +90.8%, volatility 40.2% CMF: -2.3%, volatility 3.3% CONY: -43.9%, volatility 60.7% COWS: +15.6%, volatility 15.6% COYY: -59.6%, volatility 30.0% CRCO: -39.6%, volatility 80.4% CSHI: +5.0%, volatility 0.8% CSPF: +1.9%, volatility 3.9% CTIF: +4.5%, volatility 13.0% CVNY: -10.5%, volatility 51.3% CVRD: +1.9%, volatility 10.0% DDIV: +13.4%, volatility 14.8% DES: +17.8%, volatility 14.7% DFCA: -1.6%, volatility 2.2% DFII: -31.6%, volatility 42.8% DFNM: -0.7%, volatility 2.1% DGRO: +13.4%, volatility 9.6% DGRS: +16.4%, volatility 15.7% DGRW: +11.6%, volatility 10.6% DHS: +15.6%, volatility 10.4% DIV: +15.1%, volatility 10.3% DIVB: +27.7%, volatility 12.9% DIVE: +7.5%, volatility 12.9% DIVG: +13.4%, volatility 10.8% DIVL: +7.1%, volatility 10.6% DIVN: +16.9%, volatility 10.3% DIVO: +12.4%, volatility 9.6% DIVP: +9.1%, volatility 10.4% DIVS: +9.5%, volatility 10.7% DIVY: +15.8%, volatility 12.8% DIVZ: +3.6%, volatility 9.9% DJD: +15.4%, volatility 10.8% DJIA: +13.2%, volatility 8.0% DLN: +14.7%, volatility 9.1% DOGG: +12.7%, volatility 11.9% DON: +7.0%, volatility 12.1% DRAY: -47.2%, volatility 45.3% DTD: +14.3%, volatility 9.4% DURA: +16.6%, volatility 14.7% DVND: +11.2%, volatility 10.2% DVY: +11.6%, volatility 11.2% DYLG: +12.4%, volatility 9.9% EASY: +16.7%, volatility 11.6% EFAA: +12.5%, volatility 12.6% EGGY: +20.3%, volatility 44.4% EIPI: +17.2%, volatility 10.5% ELCV: +15.8%, volatility 12.8% EPRF: -8.6%, volatility 7.5% EQIN: +12.3%, volatility 10.4% EVIM: -0.8%, volatility 3.1% EVSM: +0.7%, volatility 1.4% EVYM: -0.7%, volatility 4.3% FBY: -5.7%, volatility 34.7% FCAL: -1.4%, volatility 3.4% FDCF: +4.8%, volatility 19.8% FDIV: -0.1%, volatility 12.3% FDL: +17.4%, volatility 11.9% FDND: +2.4%, volatility 20.1% FDRR: +18.9%, volatility 11.6% FDV: +13.3%, volatility 10.6% FDVV: +12.6%, volatility 10.8% FEPI: +16.0%, volatility 19.7% FGSI: +5.4%, volatility 12.7% FLMB: -3.3%, volatility 4.0% FLMI: -1.8%, volatility 3.5% FMB: -1.8%, volatility 3.2% FMHI: -1.4%, volatility 3.7% FMNY: -2.4%, volatility 3.8% FMUN: -2.6%, volatility 3.7% FPE: -0.9%, volatility 4.2% FPEI: +0.9%, volatility 3.9% FPFD: -2.2%, volatility 3.1% FRIZ: +5.8%, volatility 9.8% FSMB: +0.4%, volatility 1.7% FSTA: +5.0%, volatility 14.1% FTBI: +7.2%, volatility 7.8% FTDS: +13.7%, volatility 12.4% FTHI: +9.4%, volatility 9.7% FTKI: +16.9%, volatility 10.5% FTQI: +21.6%, volatility 11.4% FUMB: +1.8%, volatility 0.9% FVD: +4.8%, volatility 10.0% FXG: -5.2%, volatility 14.0% FYEE: +17.2%, volatility 10.8% GDIV: +14.3%, volatility 12.0% GDXY: +0.8%, volatility 41.8% GEND: +16.8%, volatility 10.7% GENM: -1.1%, volatility 3.1% GENW: +17.4%, volatility 14.3% GIAX: +17.5%, volatility 26.9% GLDI: +5.1%, volatility 17.9% GMEY: -21.9%, volatility 29.4% GMUB: -0.2%, volatility 3.0% GOLI: -2.9%, volatility 26.6% GOOP: +26.4%, volatility 32.5% GOOY: +32.7%, volatility 25.8% GPIQ: +23.2%, volatility 17.1% GPIX: +16.9%, volatility 11.3% GPRF: -1.4%, volatility 3.8% GPTY: +31.2%, volatility 27.9% GQI: +18.9%, volatility 9.7% GUMI: +2.5%, volatility 0.9% GXPC: +11.2%, volatility 23.1% GYLD: +8.6%, volatility 12.8% HCOW: +10.0%, volatility 13.5% HDV: +18.8%, volatility 11.0% HIDV: +16.2%, volatility 12.6% HIGH: -2.4%, volatility 7.8% HIMU: -2.0%, volatility 4.7% HIYY: -45.4%, volatility 79.7% HMOP: -1.6%, volatility 3.2% HOOY: -21.1%, volatility 58.8% HOYY: -47.2%, volatility 31.7% HTAX: -1.5%, volatility 5.1% HYBI: +2.9%, volatility 3.3% HYD: -1.2%, volatility 4.2% HYGW: +3.0%, volatility 3.1% HYMB: -2.4%, volatility 4.6% IAUI: +4.3%, volatility 23.3% IBMO: +2.4%, volatility 1.1% IBMP: +1.6%, volatility 1.1% IBMQ: +0.8%, volatility 1.4% IBMR: -0.2%, volatility 1.8% IBMT: -1.9%, volatility 3.0% ICAP: +10.3%, volatility 14.8% IDUB: +21.0%, volatility 16.7% IDVO: +18.3%, volatility 16.9% IGLD: +3.8%, volatility 26.4% INMU: -0.6%, volatility 3.0% INTM: +0.3%, volatility 3.0% IQQQ: +18.1%, volatility 18.7% ISPY: +12.4%, volatility 12.7% ITM: -2.2%, volatility 3.5% ITWO: +18.4%, volatility 18.6% IVVW: +15.7%, volatility 8.8% IWMI: +16.9%, volatility 15.0% IWMW: +13.5%, volatility 12.5% IWMY: +4.5%, volatility 16.4% IYK: +7.0%, volatility 13.9% IYRI: -0.3%, volatility 10.7% JEPI: +6.9%, volatility 8.1% JEPQ: +19.7%, volatility 14.8% JHDV: +18.3%, volatility 12.6% JHMU: -1.4%, volatility 3.4% JHPI: -0.7%, volatility 3.5% JMHI: -2.6%, volatility 4.1% JMST: +1.9%, volatility 0.7% JMUB: -2.0%, volatility 3.1% JOYT: +16.2%, volatility 9.6% JPO: +5.9%, volatility 19.4% KBWD: -8.9%, volatility 16.4% KHPI: +10.9%, volatility 7.4% KLIP: -18.8%, volatility 17.4% KNG: +6.2%, volatility 10.9% KNGZ: +18.1%, volatility 14.0% KVLE: +9.5%, volatility 11.5% LFGY: -9.0%, volatility 42.0% LMUB: -3.4%, volatility 4.9% LQDW: -0.1%, volatility 4.2% LVHD: +4.6%, volatility 10.5% MAGY: +2.8%, volatility 17.0% MARO: -47.1%, volatility 67.5% MBND: -2.5%, volatility 3.6% MBOX: +15.9%, volatility 10.7% MDPL: +4.6%, volatility 16.9% MDST: +15.3%, volatility 12.9% MEAR: +1.2%, volatility 0.9% MFLX: -2.1%, volatility 4.7% MFSM: -1.7%, volatility 3.2% MINN: -3.7%, volatility 4.5% MINO: -2.2%, volatility 3.3% MLN: -3.4%, volatility 5.0% MLPD: +8.2%, volatility 8.4% MMCA: -1.7%, volatility 3.1% MMIT: -1.3%, volatility 2.9% MMSD: +0.5%, volatility 2.1% MNBD: -0.2%, volatility 3.1% MRNY: +411.2%, volatility 179.8% MSFO: +2.6%, volatility 28.7% MSFY: -5.5%, volatility 33.7% MSTY: -47.9%, volatility 69.8% MTYY: -68.1%, volatility 30.1% MUB: -2.0%, volatility 3.4% MUNI: -1.6%, volatility 2.8% MUNY: -2.4%, volatility 3.4% MUST: -3.6%, volatility 5.6% MVFD: +14.8%, volatility 14.9% MYMF: +2.1%, volatility 0.7% MYMG: +2.1%, volatility 1.2% MYMH: +1.4%, volatility 1.3% MYMI: -0.3%, volatility 1.9% MYMJ: -0.5%, volatility 1.9% MYMK: -0.4%, volatility 2.1% NDIV: +28.6%, volatility 19.2% NFLP: -48.0%, volatility 39.1% NFLY: -38.2%, volatility 29.4% NHYM: -1.5%, volatility 4.5% NIHI: +12.9%, volatility 14.4% NMB: -4.9%, volatility 6.6% NOBL: +7.5%, volatility 11.8% NPFI: +1.2%, volatility 3.2% NUMI: -1.8%, volatility 3.8% NVDY: +24.9%, volatility 30.3% NVYY: +0.7%, volatility 21.4% NYF: -2.1%, volatility 3.3% OARK: +4.3%, volatility 29.2% ONEY: +12.7%, volatility 12.3% OUSA: +7.1%, volatility 10.6% OUSM: +6.4%, volatility 12.7% OVL: +18.9%, volatility 15.3% OVM: +0.7%, volatility 5.4% OVS: +19.8%, volatility 18.4% PAPI: +10.3%, volatility 9.9% PBP: +19.1%, volatility 7.5% PEY: +13.5%, volatility 14.0% PFF: -1.8%, volatility 7.6% PFFA: -0.4%, volatility 7.9% PFFD: -3.7%, volatility 7.6% PFFR: -2.4%, volatility 7.8% PFFV: +1.5%, volatility 3.9% PFLD: +2.9%, volatility 3.2% PFM: +10.0%, volatility 9.5% PFXF: +5.0%, volatility 10.8% PGF: -7.5%, volatility 5.8% PGX: -8.0%, volatility 5.8% PLTY: +7.1%, volatility 51.9% PLYY: -29.4%, volatility 26.2% PMIO: -0.6%, volatility 2.6% PQDI: +0.5%, volatility 3.6% PREF: +1.2%, volatility 3.2% PRFD: -0.2%, volatility 3.5% PSK: -8.3%, volatility 5.9% PUSH: +2.0%, volatility 1.3% PVI: +2.1%, volatility 2.5% PWZ: -3.6%, volatility 4.7% PYPY: -25.4%, volatility 39.2% PZA: -4.3%, volatility 4.5% PZT: -4.3%, volatility 5.6% QDEF: +13.6%, volatility 10.0% QDF: +16.0%, volatility 12.2% QDIV: +12.2%, volatility 12.4% QDPL: +15.2%, volatility 12.7% QDTE: +24.0%, volatility 18.3% QDTY: +22.0%, volatility 18.9% QDVO: +15.8%, volatility 13.3% QLDY: +20.7%, volatility 21.8% QQA: +20.8%, volatility 15.7% QQQH: +12.0%, volatility 11.8% QQQI: +18.4%, volatility 16.7% QQQT: +21.3%, volatility 18.5% QQQY: +21.3%, volatility 18.0% QRMI: +8.4%, volatility 6.8% QSIX: +21.9%, volatility 18.3% QTPI: +0.6%, volatility 4.4% QUSA: +4.9%, volatility 11.5% QXQ: +25.3%, volatility 19.8% QYLD: +23.1%, volatility 11.2% QYLG: +24.1%, volatility 15.2% RBLY: -65.3%, volatility 58.6% RDIV: +14.1%, volatility 13.2% RDTE: +16.7%, volatility 16.9% RDTY: +15.9%, volatility 17.3% RDVI: +18.1%, volatility 14.0% RDVY: +18.3%, volatility 14.7% RDYY: -19.2%, volatility 57.3% REGL: +5.5%, volatility 12.6% RFDA: +15.1%, volatility 11.3% RJDI: +16.9%, volatility 11.8% RJMI: -1.1%, volatility 3.5% RMCA: -2.5%, volatility 4.0% RMNY: -2.1%, volatility 4.4% RMOP: -1.1%, volatility 4.4% RNTY: +2.8%, volatility 11.0% RSPA: +11.1%, volatility 9.6% RSPC: -13.1%, volatility 14.8% RYLD: +16.1%, volatility 10.4% RYLG: +16.2%, volatility 14.6% SCDV: +6.7%, volatility 15.6% SCHD: +23.9%, volatility 11.2% SCLZ: +13.3%, volatility 10.4% SCMB: -2.7%, volatility 3.5% SDIV: +6.9%, volatility 12.2% SDOG: +18.0%, volatility 11.6% SDTY: +16.3%, volatility 12.0% SDVD: +11.4%, volatility 14.2% SDVY: +9.8%, volatility 14.3% SDY: +8.3%, volatility 10.7% SEPI: +21.5%, volatility 12.6% SHM: -0.3%, volatility 1.7% SHYD: -0.2%, volatility 3.0% SLVO: +18.6%, volatility 34.9% SMB: +0.1%, volatility 1.8% SMCY: -20.4%, volatility 76.1% SMDV: +12.7%, volatility 14.3% SMIG: +7.9%, volatility 11.7% SMMU: +0.8%, volatility 1.3% SMYY: -28.3%, volatility 28.6% SNOY: +42.9%, volatility 57.1% SNPD: +10.7%, volatility 11.5% SOXY: +93.4%, volatility 42.1% SPDG: +16.3%, volatility 12.8% SPDV: +15.8%, volatility 12.2% SPFF: +4.9%, volatility 10.7% SPHD: +2.3%, volatility 11.8% SPIN: +11.8%, volatility 11.8% SPUC: +11.2%, volatility 16.1% SPUT: +11.4%, volatility 8.1% SPYD: +7.9%, volatility 11.8% SPYH: +11.4%, volatility 8.6% SPYI: +15.3%, volatility 10.9% SPYT: +14.4%, volatility 11.8% SRHR: +4.8%, volatility 13.1% STAX: +0.2%, volatility 1.6% STXD: +6.9%, volatility 12.2% SUB: +0.6%, volatility 1.3% SWP: +8.2%, volatility 12.3% TAFI: +0.6%, volatility 1.6% TAFL: -2.9%, volatility 4.4% TAFM: -1.5%, volatility 3.4% TAXE: -0.6%, volatility 2.7% TAXF: -1.3%, volatility 3.6% TAXI: -0.2%, volatility 2.3% TAXS: +0.8%, volatility 1.3% TBG: +11.9%, volatility 10.1% TCAI: +56.7%, volatility 44.1% TCAL: +1.1%, volatility 10.3% TDAQ: +24.3%, volatility 19.7% TDIV: +17.6%, volatility 20.8% TDVG: +11.3%, volatility 9.8% TDVI: +18.5%, volatility 20.1% TEQI: +17.0%, volatility 10.8% TFI: -2.7%, volatility 3.4% TLTI: -7.5%, volatility 9.1% TLTP: -6.2%, volatility 7.5% TLTW: -4.8%, volatility 8.2% TMDV: +7.8%, volatility 12.1% TNGY: +25.6%, volatility 18.0% TPHD: +6.8%, volatility 10.4% TQQY: +0.7%, volatility 20.1% TSLP: -20.4%, volatility 46.5% TSLY: -7.2%, volatility 37.6% TSMY: +54.4%, volatility 33.6% TSPY: +14.6%, volatility 12.7% TSYY: -24.6%, volatility 27.3% TXXI: -1.5%, volatility 3.3% TYLG: +34.1%, volatility 19.7% UDI: +16.0%, volatility 10.0% UDIV: +19.3%, volatility 13.2% ULTY: -6.7%, volatility 22.3% USOI: +43.7%, volatility 24.6% VDC: +5.1%, volatility 14.1% VEGA: +9.1%, volatility 10.1% VIG: +10.1%, volatility 10.2% VRP: +1.9%, volatility 3.0% VSDA: +8.1%, volatility 11.6% VSDM: +0.5%, volatility 1.7% VTEB: -2.2%, volatility 3.3% VTEC: -2.3%, volatility 3.1% VTEI: -1.7%, volatility 2.8% VTEL: -3.0%, volatility 4.2% VTES: -0.3%, volatility 1.6% VYM: +13.8%, volatility 10.3% WBIY: +16.8%, volatility 14.1% WDTE: +15.4%, volatility 11.6% WEEI: +31.5%, volatility 15.2% WEEL: +12.7%, volatility 8.9% WTMU: -2.3%, volatility 2.9% WTMY: -2.3%, volatility 2.9% XBTY: -37.9%, volatility 23.7% XDTE: +16.0%, volatility 12.0% XLII: +11.7%, volatility 12.9% XLP: +6.2%, volatility 14.5% XLUI: -2.5%, volatility 11.8% XLYI: -3.3%, volatility 16.6% XMPT: -6.1%, volatility 8.4% XOMO: +32.6%, volatility 21.2% XPAY: +15.2%, volatility 12.9% XRMI: +10.4%, volatility 5.6% XSHD: +0.5%, volatility 14.2% XUDV: +21.6%, volatility 12.6% XV: +10.1%, volatility 9.1% XYLD: +18.0%, volatility 7.1% XYLG: +17.2%, volatility 10.2% XYZY: -7.9%, volatility 39.0% YBIT: -28.4%, volatility 37.6% YBTC: -33.0%, volatility 40.2% YETH: -35.9%, volatility 53.0% YLDE: +8.2%, volatility 9.5% YMAG: +11.0%, volatility 18.3% YMAX: -1.3%, volatility 24.8% YSPY: +8.4%, volatility 17.7% ZHDG: +8.0%, volatility 11.4% ZMUN: +2.5%, volatility 0.8% ZTAX: +1.8%, volatility 33.0% VCRM
Each dot is one of 445 unlevered ETFs whose main narrative is the income overlay, placed by its return (up) and how much it swung (right) over the last year.
Risk 3.4% Volatility, last year
−6.3% Largest fall, last year
−5.2% Below its high now