GMOD vs. WAMA

Last updated Jun 6, 2026

GMOD (GMO Dynamic Allocation ETF) and WAMA (WisdomTree U.S. Adaptive Moving Average Fund) are both Tactical Allocation funds. GMOD is actively managed, while WAMA is passively managed. Their correlation of 0.82 suggests significant overlap in exposure. GMOD charges 0.50%/yr vs 0.32%/yr for WAMA.

Performance

GMOD vs. WAMA - Performance Comparison

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

Returns By Period

GMOD

• 1D: -1.79%
• 1M: -1.01%
• YTD: 5.74%
• 6M: 6.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WAMA

• 1D: -2.56%
• 1M: 0.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GMOD vs. WAMA - Yearly Performance Comparison

	2026 (YTD)
GMOD GMO Dynamic Allocation ETF	-1.01%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.63%

Correlation

The correlation between GMOD and WAMA is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 7, 2026	0.82

Return for Risk

GMOD vs. WAMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMO Dynamic Allocation ETF (GMOD) 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

	GMOD	WAMA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.77	0.62	+1.15

Drawdowns

GMOD vs. WAMA - Drawdown Comparison

The maximum GMOD drawdown since its inception was -6.50%, which is greater than WAMA's maximum drawdown of -2.80%. Use the drawdown chart below to compare losses from any high point for GMOD and WAMA.

Drawdown Indicators

	GMOD	WAMA	Difference
Max Drawdown Largest peak-to-trough decline	-6.50%	-2.80%	-3.70%
Current Drawdown Current decline from peak	-1.83%	-2.80%	+0.97%
Average Drawdown Average peak-to-trough decline	-1.16%	-0.50%	-0.66%

Volatility

Volatility by Period

	GMOD	WAMA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.95%	12.92%	-3.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.95%	12.92%	-3.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.95%	12.92%	-3.97%

GMOD vs. WAMA - Expense Ratio Comparison

GMOD has a 0.50% expense ratio, which is higher than WAMA's 0.32% expense ratio.

Dividends

GMOD vs. WAMA - Dividend Comparison

GMOD's dividend yield for the trailing twelve months is around 0.88%, while WAMA has not paid dividends to shareholders.

Position	TTM	2025
GMOD GMO Dynamic Allocation ETF	0.88%	0.93%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both GMOD and WAMA in my portfolio?

GMOD and WAMA have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GMOD 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, GMOD or WAMA?

WAMA is cheaper with a 0.32% expense ratio, compared with 0.50% for GMOD.

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

GMOD has the higher dividend yield at 0.88%, compared with 0.00% for WAMA.

What is the main difference between GMOD and WAMA?

They also come from different issuers: GMO and WisdomTree. Their fees differ too: 0.50% for GMOD and 0.32% for WAMA.