SHAG vs. WTV
SHAG (WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF) and WTV (WisdomTree U.S. Value Fund) are both exchange-traded funds - SHAG is a Short-Term Bond fund tracking the Bloomberg U.S. Short Aggregate Enhanced Yield Index, while WTV is a Mid Cap Value Equities fund actively managed by WisdomTree. SHAG is passively managed, while WTV is actively managed. Over the past 5 years, SHAG returned 1.68%/yr vs 13.30%/yr for WTV. At a 0.04 correlation, their price movements are largely independent. Both charge a 0.12% expense ratio.
Performance
SHAG vs. WTV - Performance Comparison
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Returns By Period
In the year-to-date period, SHAG achieves a 0.65% return, which is significantly lower than WTV's 10.40% return.
SHAG
- 1D
- 0.01%
- 1M
- 0.28%
- YTD
- 0.65%
- 6M
- 0.76%
- 1Y
- 3.41%
- 3Y*
- 4.79%
- 5Y*
- 1.68%
- 10Y*
- —
WTV
- 1D
- 0.14%
- 1M
- 0.51%
- YTD
- 10.40%
- 6M
- 9.44%
- 1Y
- 22.68%
- 3Y*
- 21.11%
- 5Y*
- 13.30%
- 10Y*
- —
SHAG vs. WTV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHAG WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF | 0.65% | 6.27% | 4.30% | 4.61% | -6.37% | -0.91% | 4.70% | 5.79% | 0.80% | 0.02% |
WTV WisdomTree U.S. Value Fund | 10.40% | 13.51% | 23.99% | 22.35% | -8.06% | 30.59% | 6.15% | 29.69% | -8.29% | 1.58% |
Correlation
The correlation between SHAG and WTV is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017 | 0.04 |
Over the past year, SHAG and WTV have become more correlated (0.30) than their long-term average of 0.04, meaning their price movements have been converging.
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Return for Risk
SHAG vs. WTV — Risk / Return Rank
SHAG
WTV
SHAG vs. WTV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and WisdomTree U.S. Value Fund (WTV). 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.
| SHAG | WTV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.35 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 3.19 | -0.70 |
| Martin ratioReturn relative to average drawdown | 8.37 | 10.31 | -1.94 |
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Drawdowns
SHAG vs. WTV - Drawdown Comparison
The maximum SHAG drawdown since its inception was -9.62%, smaller than the maximum WTV drawdown of -42.18%. Use the drawdown chart below to compare losses from any high point for SHAG and WTV.
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Drawdown Indicators
| SHAG | WTV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.62% | -42.18% | +32.56% |
Max Drawdown (1Y)Largest decline over 1 year | -1.38% | -7.15% | +5.77% |
Max Drawdown (3Y)Largest decline over 3 years | -1.38% | -18.49% | +17.11% |
Max Drawdown (5Y)Largest decline over 5 years | -9.62% | -19.30% | +9.68% |
Current DrawdownCurrent decline from peak | -0.37% | -1.24% | +0.87% |
Average DrawdownAverage peak-to-trough decline | -1.86% | -5.03% | +3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 2.21% | -1.80% |
Volatility
SHAG vs. WTV - Volatility Comparison
The current volatility for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) is 0.62%, while WisdomTree U.S. Value Fund (WTV) has a volatility of 3.37%. This indicates that SHAG experiences smaller price fluctuations and is considered to be less risky than WTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHAG | WTV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.62% | 3.37% | -2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 1.41% | 8.19% | -6.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.86% | 11.86% | -10.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.76% | 17.07% | -14.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.58% | 20.15% | -17.57% |
SHAG vs. WTV - Expense Ratio Comparison
Both SHAG and WTV have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SHAG vs. WTV - Dividend Comparison
SHAG's dividend yield for the trailing twelve months is around 4.32%, more than WTV's 1.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
SHAG WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF | 4.32% | 4.33% | 4.49% | 3.04% | 1.38% | 0.92% | 2.33% | 2.71% | 2.56% | 0.77% |
WTV WisdomTree U.S. Value Fund | 1.93% | 1.59% | 1.54% | 1.62% | 2.08% | 1.55% | 1.63% | 1.44% | 1.94% | 0.41% |
Frequently Asked Questions
SHAG and WTV have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WTV has higher volatility (3.37%) compared to SHAG (0.62%). In terms of maximum drawdown, SHAG dropped -9.62% vs WTV's -42.18%.
On 5-year performance, WTV leads with 13.30% vs 1.68% for SHAG. Both ETFs have the same 0.12% expense ratio. On volatility, SHAG has been the lower-risk option at 0.62%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, WTV has performed better with a 13.30% return vs 1.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SHAG and WTV have the same expense ratio: 0.12% per year.
SHAG has the higher dividend yield at 4.32%, compared with 1.93% for WTV.
SHAG is categorized as Short-Term Bond, while WTV is Mid Cap Value Equities.
WTV currently has the higher Sharpe Ratio (1.93 vs 1.85), 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.
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