EZRO vs. WAMA

Last updated Jun 4, 2026

EZRO (AlphaDroid Defensive Sector Rotation ETF) and WAMA (WisdomTree U.S. Adaptive Moving Average Fund) are both Tactical Allocation funds. EZRO is actively managed, while WAMA is passively managed. At a correlation of -0.12, they often move in opposite directions. EZRO charges 1.01%/yr vs 0.32%/yr for WAMA.

Performance

EZRO vs. WAMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaDroid Defensive Sector Rotation ETF (EZRO) and WisdomTree U.S. Adaptive Moving Average Fund (WAMA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EZRO

• 1D: -1.77%
• 1M: -1.37%
• YTD: 8.53%
• 6M: 8.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WAMA

• 1D: -0.73%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EZRO vs. WAMA - Yearly Performance Comparison

	2026 (YTD)
EZRO AlphaDroid Defensive Sector Rotation ETF	1.13%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	2.77%

Correlation

The correlation between EZRO and WAMA is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 7, 2026	-0.12

Return for Risk

EZRO vs. WAMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaDroid Defensive Sector Rotation ETF (EZRO) 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.

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

Sharpe Ratios by Period

	EZRO	WAMA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	4.87	-4.27

Drawdowns

EZRO vs. WAMA - Drawdown Comparison

The maximum EZRO drawdown since its inception was -11.57%, which is greater than WAMA's maximum drawdown of -1.91%. Use the drawdown chart below to compare losses from any high point for EZRO and WAMA.

Drawdown Indicators

	EZRO	WAMA	Difference
Max Drawdown Largest peak-to-trough decline	-11.57%	-1.91%	-9.66%
Current Drawdown Current decline from peak	-3.67%	-0.73%	-2.94%
Average Drawdown Average peak-to-trough decline	-3.57%	-0.39%	-3.18%

Volatility

Volatility by Period

	EZRO	WAMA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.57%	9.20%	+9.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.57%	9.20%	+9.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.57%	9.20%	+9.37%

EZRO vs. WAMA - Expense Ratio Comparison

EZRO has a 1.01% expense ratio, which is higher than WAMA's 0.32% expense ratio.

Dividends

EZRO vs. WAMA - Dividend Comparison

Neither EZRO nor WAMA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EZRO and WAMA in my portfolio?

EZRO and WAMA have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EZRO or WAMA?

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.

Which ETF is cheaper, EZRO or WAMA?

WAMA is cheaper with a 0.32% expense ratio, compared with 1.01% for EZRO.

Which ETF pays a higher dividend yield, EZRO or WAMA?

EZRO and WAMA have nearly identical dividend yields, around 0.00%.

What is the main difference between EZRO and WAMA?

They also come from different issuers: AlphaDroid and WisdomTree. Their fees differ too: 1.01% for EZRO and 0.32% for WAMA.