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WZRD vs FPX

Opportunistic Trader ETF vs First Trust US Equity Opportunities ETF

WZRD

Opportunistic Trader ETF

Tuttle Capital Management, LLC

Annual cost

1.00%

Fund size

$4M

FPX

First Trust US Equity Opportunities ETF

First Trust

Annual cost

0.57%

Fund size

$1.3B

Key differences

  • FPX costs 0.43% less per year.
  • FPX is significantly larger than WZRD — larger funds tend to be more liquid and less likely to close.
  • WZRD is classified as alternative, while FPX is equity — different risk/return profiles.
  • WZRD follows a structured outcome strategy; FPX uses index tracking.
  • FPX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

WZRDFPX
Annual cost (TER)1.00%0.57%
Fund size (AUM)$4M$1.3B
Since20252006
Dividend yield0.52%
Asset classalternativeequity
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1YN/A+46.1%
CAGR 3YN/A+33.5%
CAGR 5YN/A+11.7%
Sharpe 3YN/A1.10
Volatility 1Y23.27%
Max drawdown-71.81%-43.14%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to WZRD and FPX