RYLD vs. WTMF
Compare and contrast key facts about Global X Russell 2000 Covered Call ETF (RYLD) and WisdomTree Managed Futures Strategy Fund (WTMF).
RYLD and WTMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYLD is a passively managed fund by Global X that tracks the performance of the CBOE Russell 2000 BuyWrite Index. It was launched on Apr 17, 2019. WTMF is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Managed Futures Index. It was launched on Jan 5, 2011. Both RYLD and WTMF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
RYLD vs. WTMF - Performance Comparison
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RYLD vs. WTMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RYLD Global X Russell 2000 Covered Call ETF | 1.10% | 5.65% | 10.13% | 0.27% | -13.03% | 22.13% | -0.44% | 8.92% |
WTMF WisdomTree Managed Futures Strategy Fund | 4.81% | 12.17% | 3.20% | 16.72% | -6.52% | 9.48% | 0.48% | -4.13% |
Returns By Period
In the year-to-date period, RYLD achieves a 1.10% return, which is significantly lower than WTMF's 4.81% return.
RYLD
- 1D
- 0.40%
- 1M
- -3.62%
- YTD
- 1.10%
- 6M
- 5.56%
- 1Y
- 12.15%
- 3Y*
- 6.22%
- 5Y*
- 2.30%
- 10Y*
- —
WTMF
- 1D
- 0.41%
- 1M
- 0.30%
- YTD
- 4.81%
- 6M
- 7.94%
- 1Y
- 19.66%
- 3Y*
- 10.00%
- 5Y*
- 6.64%
- 10Y*
- 3.08%
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RYLD vs. WTMF - Expense Ratio Comparison
RYLD has a 0.60% expense ratio, which is lower than WTMF's 0.65% expense ratio.
Return for Risk
RYLD vs. WTMF — Risk / Return Rank
RYLD
WTMF
RYLD vs. WTMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Russell 2000 Covered Call ETF (RYLD) 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.
| RYLD | WTMF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.74 | 2.09 | -1.34 |
Sortino ratioReturn per unit of downside risk | 1.17 | 2.85 | -1.69 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.39 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 0.99 | 4.95 | -3.96 |
Martin ratioReturn relative to average drawdown | 4.78 | 18.95 | -14.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RYLD | WTMF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 2.09 | -1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.70 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.38 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.12 | +0.14 |
Correlation
The correlation between RYLD and WTMF is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
RYLD vs. WTMF - Dividend Comparison
RYLD's dividend yield for the trailing twelve months is around 12.09%, more than WTMF's 2.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
RYLD Global X Russell 2000 Covered Call ETF | 12.09% | 12.00% | 12.03% | 12.64% | 13.49% | 12.35% | 10.76% | 6.43% | 0.00% |
WTMF WisdomTree Managed Futures Strategy Fund | 2.90% | 3.04% | 3.57% | 4.74% | 5.29% | 14.71% | 0.47% | 1.63% | 3.59% |
Drawdowns
RYLD vs. WTMF - Drawdown Comparison
The maximum RYLD drawdown since its inception was -41.53%, which is greater than WTMF's maximum drawdown of -30.79%. Use the drawdown chart below to compare losses from any high point for RYLD and WTMF.
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Drawdown Indicators
| RYLD | WTMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.53% | -30.79% | -10.74% |
Max Drawdown (1Y)Largest decline over 1 year | -12.33% | -4.04% | -8.29% |
Max Drawdown (5Y)Largest decline over 5 years | -21.33% | -13.21% | -8.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.99% | — |
Current DrawdownCurrent decline from peak | -3.92% | -0.85% | -3.07% |
Average DrawdownAverage peak-to-trough decline | -9.04% | -17.90% | +8.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 1.07% | +1.47% |
Volatility
RYLD vs. WTMF - Volatility Comparison
Global X Russell 2000 Covered Call ETF (RYLD) has a higher volatility of 5.22% compared to WisdomTree Managed Futures Strategy Fund (WTMF) at 3.22%. This indicates that RYLD'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.
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Volatility by Period
| RYLD | WTMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 3.22% | +2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 9.09% | 7.51% | +1.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.39% | 9.48% | +6.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.20% | 9.59% | +4.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.38% | 8.10% | +9.28% |