AGOX vs. WAMA
AGOX (Adaptive Alpha Opportunities ETF) and WAMA (WisdomTree U.S. Adaptive Moving Average Fund) are both Tactical Allocation funds. AGOX is actively managed, while WAMA is passively managed. A 0.77 correlation means they provide meaningful diversification when combined. AGOX charges 1.33%/yr vs 0.32%/yr for WAMA.
Performance
AGOX vs. WAMA - Performance Comparison
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Returns By Period
AGOX
- 1D
- 0.58%
- 1M
- 8.07%
- YTD
- 21.85%
- 6M
- 19.22%
- 1Y
- 26.89%
- 3Y*
- 18.41%
- 5Y*
- 8.94%
- 10Y*
- —
WAMA
- 1D
- 0.50%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGOX vs. WAMA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
AGOX Adaptive Alpha Opportunities ETF | 4.82% |
WAMA WisdomTree U.S. Adaptive Moving Average Fund | 3.28% |
Correlation
The correlation between AGOX and WAMA is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 7, 2026 | 0.77 |
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Return for Risk
AGOX vs. WAMA — Risk / Return Rank
AGOX
WAMA
AGOX vs. WAMA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adaptive Alpha Opportunities ETF (AGOX) and WisdomTree U.S. Adaptive Moving Average Fund (WAMA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AGOX | WAMA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.28 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | — | — |
| Martin ratioReturn relative to average drawdown | 6.44 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AGOX | WAMA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 5.69 | -5.18 |
Drawdowns
AGOX vs. WAMA - Drawdown Comparison
The maximum AGOX drawdown since its inception was -26.93%, which is greater than WAMA's maximum drawdown of -1.91%. Use the drawdown chart below to compare losses from any high point for AGOX and WAMA.
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Drawdown Indicators
| AGOX | WAMA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.93% | -1.91% | -25.02% |
Max Drawdown (1Y)Largest decline over 1 year | -15.32% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.93% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -0.24% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -8.17% | -0.38% | -7.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | — | — |
Volatility
AGOX vs. WAMA - Volatility Comparison
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Volatility by Period
| AGOX | WAMA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.21% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.91% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.35% | 9.04% | +9.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.67% | 9.04% | +10.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.67% | 9.04% | +10.63% |
AGOX vs. WAMA - Expense Ratio Comparison
AGOX has a 1.33% expense ratio, which is higher than WAMA's 0.32% expense ratio.
Dividends
AGOX vs. WAMA - Dividend Comparison
AGOX's dividend yield for the trailing twelve months is around 2.65%, while WAMA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AGOX Adaptive Alpha Opportunities ETF | 2.65% | 3.23% | 3.94% | 0.27% | 0.20% | 6.36% |
WAMA WisdomTree U.S. Adaptive Moving Average Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AGOX and WAMA have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WAMA is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WAMA is cheaper with a 0.32% expense ratio, compared with 1.33% for AGOX.
AGOX has the higher dividend yield at 2.65%, compared with 0.00% for WAMA.
They also come from different issuers: Adaptive Funds and WisdomTree. Their fees differ too: 1.33% for AGOX and 0.32% for WAMA.
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