AHLT vs. WTMF

Last updated Aug 2, 2026

AHLT (American Beacon AHL Trend ETF) and WTMF (WisdomTree Managed Futures Strategy Fund) are both Systematic Trend funds. AHLT is actively managed, while WTMF is passively managed. Over the past year, AHLT returned 37.31% vs 18.77% for WTMF. Their 0.47 correlation means their historical movements had little consistent relationship. AHLT charges 0.95%/yr vs 0.65%/yr for WTMF.

Performance

AHLT vs. WTMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon AHL Trend ETF (AHLT) and WisdomTree Managed Futures Strategy Fund (WTMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AHLT achieves a 10.23% return, which is significantly higher than WTMF's 8.10% return.

AHLT

• 1D: 1.32%
• 1M: 1.33%
• 6M: 2.37%
• YTD: 10.23%
• 1Y: 37.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.99%

WTMF

• 1D: -0.05%
• 1M: 0.96%
• 6M: 8.70%
• YTD: 8.10%
• 1Y: 18.77%
• 3Y*: 9.32%
• 5Y*: 6.09%
• 10Y*: 3.47%
• ALL TIME*: 1.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AHLT American Beacon AHL Trend ETF	$1.71M	$924.06K	$2.01M
WTMF WisdomTree Managed Futures Strategy Fund	$1.17M	$1.17M	$1.11M

AHLT vs. WTMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AHLT American Beacon AHL Trend ETF	10.23%	13.73%	6.08%	-8.42%
WTMF WisdomTree Managed Futures Strategy Fund	8.10%	12.17%	3.20%	5.00%

Correlation

The correlation between AHLT and WTMF is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.56
Correlation (All Time) Calculated using the full available price history since Aug 31, 2023	0.47

The correlation between AHLT and WTMF has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.

Return for Risk

AHLT vs. WTMF — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AHLT

AHLT Risk / Return Rank: 88
AHLT Sharpe Ratio Rank: 88
AHLT Sortino Ratio Rank: 83
AHLT Omega Ratio Rank: 86
AHLT Calmar Ratio Rank: 95
AHLT Martin Ratio Rank: 87

WTMF

WTMF Risk / Return Rank: 87
WTMF Sharpe Ratio Rank: 84
WTMF Sortino Ratio Rank: 82
WTMF Omega Ratio Rank: 85
WTMF Calmar Ratio Rank: 93
WTMF Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AHLT vs. WTMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL Trend ETF (AHLT) and WisdomTree Managed Futures Strategy Fund (WTMF). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AHLT	WTMF	Difference
Sharpe ratio: Return per unit of total volatility	2.10	1.94	+0.17
Sortino ratio: Return per unit of downside risk	2.70	2.65	+0.06
Omega ratio: Gain probability vs. loss probability	1.38	1.37	+0.01
Calmar ratio: Return relative to maximum drawdown	5.40	4.38	+1.02
Martin ratio: Return relative to average drawdown	12.73	16.87	-4.14

AHLT vs. WTMF - Sharpe Ratio Comparison

The current AHLT Sharpe Ratio is 2.10, which is comparable to the WTMF Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of AHLT and WTMF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AHLT vs. WTMF - Drawdown Comparison

The maximum AHLT drawdown since its inception was -20.18%, smaller than the maximum WTMF drawdown of -30.79%. Use the drawdown chart below to compare losses from any high point for AHLT and WTMF.

Drawdown Indicators

	AHLT	WTMF	Difference
Max Drawdown Largest peak-to-trough decline	-20.18%	-30.79%	+10.61%
Max Drawdown (1Y) Largest decline over 1 year	-6.63%	-4.04%	-2.59%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-14.83%	—
Current Drawdown Current decline from peak	-2.74%	-0.87%	-1.87%
Average Drawdown Average peak-to-trough decline	-9.05%	-17.53%	+8.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	1.05%	+1.76%

Volatility

AHLT vs. WTMF - Volatility Comparison

American Beacon AHL Trend ETF (AHLT) has a higher volatility of 3.43% compared to WisdomTree Managed Futures Strategy Fund (WTMF) at 2.19%. This indicates that AHLT's price experiences larger fluctuations and is considered to be riskier than WTMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AHLT	WTMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.43%	2.19%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	11.23%	7.17%	+4.06%
Volatility (1Y) Calculated over the trailing 1-year period	17.07%	9.13%	+7.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	9.37%	+7.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	8.12%	+9.10%

AHLT vs. WTMF - Expense Ratio Comparison

AHLT has a 0.95% expense ratio, which is higher than WTMF's 0.65% expense ratio.

Dividends

AHLT vs. WTMF - Dividend Comparison

AHLT's dividend yield for the trailing twelve months is around 1.54%, less than WTMF's 2.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AHLT American Beacon AHL Trend ETF	1.54%	1.70%	0.00%	3.72%	0.00%	0.00%	0.00%	0.00%	0.00%
WTMF WisdomTree Managed Futures Strategy Fund	2.82%	3.04%	3.57%	4.74%	5.29%	14.71%	0.47%	1.63%	3.59%

Frequently Asked Questions

Can I hold both AHLT and WTMF in my portfolio?

AHLT and WTMF have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AHLT or WTMF?

AHLT has higher volatility (3.43%) compared to WTMF (2.19%). In terms of maximum drawdown, AHLT dropped -20.18% vs WTMF's -30.79%.

Which ETF is better, AHLT or WTMF?

On 1-year performance, AHLT leads with 37.31% vs 18.77% for WTMF. On fees, WTMF is cheaper at 0.65% per year. On volatility, WTMF has been the lower-risk option at 2.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AHLT or WTMF?

Over the 1-year period, AHLT has performed better with a 37.31% return vs 18.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AHLT or WTMF?

WTMF is cheaper with a 0.65% expense ratio, compared with 0.95% for AHLT.

Which ETF pays a higher dividend yield, AHLT or WTMF?

WTMF has the higher dividend yield at 2.82%, compared with 1.54% for AHLT.

What is the main difference between AHLT and WTMF?

They also come from different issuers: American Beacon and WisdomTree. Their fees differ too: 0.95% for AHLT and 0.65% for WTMF.

Which has better risk-adjusted returns?

AHLT currently has the higher Sharpe Ratio (2.10 vs 1.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.