DWAT vs. GDT

Last updated Jun 4, 2026

DWAT (Arrow DWA Tactical: Macro ETF) and GDT (WisdomTree Efficient TIPS Plus Gold Fund) are both Tactical Allocation funds. Both are actively managed. DWAT charges 1.83%/yr vs 0.30%/yr for GDT.

Performance

DWAT vs. GDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arrow DWA Tactical: Macro ETF (DWAT) and WisdomTree Efficient TIPS Plus Gold Fund (GDT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DWAT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDT

• 1D: -0.85%
• 1M: -1.71%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DWAT vs. GDT - Yearly Performance Comparison

	2026 (YTD)
DWAT Arrow DWA Tactical: Macro ETF	0.00%
GDT WisdomTree Efficient TIPS Plus Gold Fund	-8.79%

Return for Risk

DWAT vs. GDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arrow DWA Tactical: Macro ETF (DWAT) and WisdomTree Efficient TIPS Plus Gold Fund (GDT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DWAT	GDT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.63	—

Drawdowns

DWAT vs. GDT - Drawdown Comparison

The maximum DWAT drawdown since its inception was 0.00%, smaller than the maximum GDT drawdown of -18.06%. Use the drawdown chart below to compare losses from any high point for DWAT and GDT.

Drawdown Indicators

	DWAT	GDT	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-18.06%	+18.06%
Current Drawdown Current decline from peak	0.00%	-16.07%	+16.07%
Average Drawdown Average peak-to-trough decline	0.00%	-9.90%	+9.90%

Volatility

Volatility by Period

	DWAT	GDT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	33.36%	-33.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	33.36%	-33.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	33.36%	-33.36%

DWAT vs. GDT - Expense Ratio Comparison

DWAT has a 1.83% expense ratio, which is higher than GDT's 0.30% expense ratio.

Dividends

DWAT vs. GDT - Dividend Comparison

DWAT has not paid dividends to shareholders, while GDT's dividend yield for the trailing twelve months is around 1.77%.

Position	TTM
DWAT Arrow DWA Tactical: Macro ETF	0.00%
GDT WisdomTree Efficient TIPS Plus Gold Fund	1.77%

Frequently Asked Questions

Which ETF is better, DWAT or GDT?

On fees, GDT is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DWAT or GDT?

GDT is cheaper with a 0.30% expense ratio, compared with 1.83% for DWAT.

Which ETF pays a higher dividend yield, DWAT or GDT?

GDT has the higher dividend yield at 1.77%, compared with 0.00% for DWAT.

What is the main difference between DWAT and GDT?

They also come from different issuers: Arrow Funds and WisdomTree. Their fees differ too: 1.83% for DWAT and 0.30% for GDT.