CSM vs. WTIP

Last updated Jun 24, 2026

CSM (Proshares Large Cap Core Plus) and WTIP (WisdomTree Inflation Plus Fund) are both Long-Short funds. CSM is passively managed, while WTIP is actively managed. Over the past year, CSM returned 24.27% vs 21.41% for WTIP. At a 0.16 correlation, their price movements are largely independent. CSM charges 0.45%/yr vs 0.65%/yr for WTIP.

Performance

CSM vs. WTIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Proshares Large Cap Core Plus (CSM) and WisdomTree Inflation Plus Fund (WTIP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSM achieves a 6.09% return, which is significantly lower than WTIP's 6.43% return.

CSM

• 1D: -1.20%
• 1M: -1.28%
• YTD: 6.09%
• 6M: 5.46%
• 1Y: 24.27%
• 3Y*: 20.69%
• 5Y*: 12.67%
• 10Y*: 14.43%

WTIP

• 1D: -2.55%
• 1M: -8.75%
• YTD: 6.43%
• 6M: 5.21%
• 1Y: 21.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CSM vs. WTIP - Yearly Performance Comparison

	2026 (YTD)	2025
CSM Proshares Large Cap Core Plus	6.09%	18.13%
WTIP WisdomTree Inflation Plus Fund	6.43%	13.49%

Correlation

The correlation between CSM and WTIP is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.16

Return for Risk

CSM vs. WTIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSM

CSM Risk / Return Rank: 60
CSM Sharpe Ratio Rank: 63
CSM Sortino Ratio Rank: 61
CSM Omega Ratio Rank: 59
CSM Calmar Ratio Rank: 56
CSM Martin Ratio Rank: 63

WTIP

WTIP Risk / Return Rank: 37
WTIP Sharpe Ratio Rank: 38
WTIP Sortino Ratio Rank: 33
WTIP Omega Ratio Rank: 42
WTIP Calmar Ratio Rank: 31
WTIP Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSM vs. WTIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Proshares Large Cap Core Plus (CSM) and WisdomTree Inflation Plus Fund (WTIP). 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.

	CSM	WTIP	Difference
Sharpe ratio: Return per unit of total volatility	1.97	1.26	+0.71
Sortino ratio: Return per unit of downside risk	2.71	1.66	+1.05
Omega ratio: Gain probability vs. loss probability	1.34	1.26	+0.08
Calmar ratio: Return relative to maximum drawdown	2.59	1.46	+1.13
Martin ratio: Return relative to average drawdown	10.87	6.25	+4.62

CSM vs. WTIP - Sharpe Ratio Comparison

The current CSM Sharpe Ratio is 1.97, which is higher than the WTIP Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of CSM and WTIP, 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

CSM vs. WTIP - Drawdown Comparison

The maximum CSM drawdown since its inception was -36.11%, which is greater than WTIP's maximum drawdown of -14.69%. Use the drawdown chart below to compare losses from any high point for CSM and WTIP.

Drawdown Indicators

	CSM	WTIP	Difference
Max Drawdown Largest peak-to-trough decline	-36.11%	-14.69%	-21.42%
Max Drawdown (1Y) Largest decline over 1 year	-9.40%	-14.69%	+5.29%
Max Drawdown (3Y) Largest decline over 3 years	-18.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.82%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.11%	—	—
Current Drawdown Current decline from peak	-3.47%	-14.69%	+11.22%
Average Drawdown Average peak-to-trough decline	-4.03%	-1.92%	-2.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	3.44%	-1.20%

Volatility

CSM vs. WTIP - Volatility Comparison

The current volatility for Proshares Large Cap Core Plus (CSM) is 4.50%, while WisdomTree Inflation Plus Fund (WTIP) has a volatility of 10.06%. This indicates that CSM experiences smaller price fluctuations and is considered to be less risky than WTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSM	WTIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	10.06%	-5.56%
Volatility (6M) Calculated over the trailing 6-month period	9.57%	15.91%	-6.34%
Volatility (1Y) Calculated over the trailing 1-year period	12.42%	17.12%	-4.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.19%	17.07%	+0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.39%	17.07%	+1.32%

CSM vs. WTIP - Expense Ratio Comparison

CSM has a 0.45% expense ratio, which is lower than WTIP's 0.65% expense ratio.

Dividends

CSM vs. WTIP - Dividend Comparison

CSM's dividend yield for the trailing twelve months is around 1.03%, less than WTIP's 3.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSM Proshares Large Cap Core Plus	1.03%	1.04%	1.06%	1.17%	1.37%	0.78%	1.21%	1.41%	1.54%	1.28%	1.49%	1.67%
WTIP WisdomTree Inflation Plus Fund	3.01%	1.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CSM and WTIP in my portfolio?

CSM and WTIP have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSM or WTIP?

WTIP has higher volatility (10.06%) compared to CSM (4.50%). In terms of maximum drawdown, CSM dropped -36.11% vs WTIP's -14.69%.

Which ETF is better, CSM or WTIP?

On 1-year performance, CSM leads with 24.27% vs 21.41% for WTIP. On fees, CSM is cheaper at 0.45% per year. On volatility, CSM has been the lower-risk option at 4.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CSM or WTIP?

Over the 1-year period, CSM has performed better with a 24.27% return vs 21.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CSM or WTIP?

CSM is cheaper with a 0.45% expense ratio, compared with 0.65% for WTIP.

Which ETF pays a higher dividend yield, CSM or WTIP?

WTIP has the higher dividend yield at 3.01%, compared with 1.03% for CSM.

What is the main difference between CSM and WTIP?

They also come from different issuers: ProShares and WisdomTree. Their fees differ too: 0.45% for CSM and 0.65% for WTIP.

Which has better risk-adjusted returns?

CSM currently has the higher Sharpe Ratio (1.97 vs 1.26), 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.