SLYG vs. WTMF
SLYG (SPDR S&P 600 Small Cap Growth ETF) and WTMF (WisdomTree Managed Futures Strategy Fund) are both exchange-traded funds - SLYG is a Small Cap Growth Equities fund tracking the S&P SmallCap 600 Growth Index, while WTMF is a Hedge Fund fund tracking the WisdomTree Managed Futures Index. Both are passively managed. Over the past 10 years, SLYG returned 11.84%/yr vs 3.11%/yr for WTMF. At a 0.13 correlation, their price movements are largely independent. SLYG charges 0.15%/yr vs 0.65%/yr for WTMF.
Performance
SLYG vs. WTMF - Performance Comparison
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Returns By Period
In the year-to-date period, SLYG achieves a 22.87% return, which is significantly higher than WTMF's 6.68% return. Over the past 10 years, SLYG has outperformed WTMF with an annualized return of 11.84%, while WTMF has yielded a comparatively lower 3.11% annualized return.
SLYG
- 1D
- 1.27%
- 1M
- 6.87%
- YTD
- 22.87%
- 6M
- 18.91%
- 1Y
- 32.06%
- 3Y*
- 17.21%
- 5Y*
- 6.48%
- 10Y*
- 11.84%
WTMF
- 1D
- -0.62%
- 1M
- -1.29%
- YTD
- 6.68%
- 6M
- 5.97%
- 1Y
- 18.91%
- 3Y*
- 9.72%
- 5Y*
- 5.92%
- 10Y*
- 3.11%
SLYG vs. WTMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLYG SPDR S&P 600 Small Cap Growth ETF | 22.87% | 5.20% | 9.38% | 17.27% | -21.26% | 22.42% | 19.48% | 20.97% | -4.20% | 14.62% |
WTMF WisdomTree Managed Futures Strategy Fund | 6.68% | 12.17% | 3.20% | 16.72% | -6.52% | 9.48% | 0.48% | -2.75% | 0.24% | -3.40% |
Correlation
The correlation between SLYG and WTMF is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2011 | 0.13 |
Over the past year, SLYG and WTMF have become more correlated (0.49) than their long-term average of 0.13, meaning their price movements have been converging.
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Return for Risk
SLYG vs. WTMF — Risk / Return Rank
SLYG
WTMF
SLYG vs. WTMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 600 Small Cap Growth ETF (SLYG) 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.
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.
| SLYG | WTMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.54 | 4.71 | -1.17 |
| Martin ratioReturn relative to average drawdown | 12.46 | 19.91 | -7.45 |
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Drawdowns
SLYG vs. WTMF - Drawdown Comparison
The maximum SLYG drawdown since its inception was -62.92%, which is greater than WTMF's maximum drawdown of -30.79%. Use the drawdown chart below to compare losses from any high point for SLYG and WTMF.
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Drawdown Indicators
| SLYG | WTMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.92% | -30.79% | -32.13% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -4.04% | -5.06% |
Max Drawdown (3Y)Largest decline over 3 years | -27.39% | -9.93% | -17.46% |
Max Drawdown (5Y)Largest decline over 5 years | -29.18% | -13.21% | -15.97% |
Max Drawdown (10Y)Largest decline over 10 years | -41.86% | -15.26% | -26.60% |
Current DrawdownCurrent decline from peak | 0.00% | -2.17% | +2.17% |
Average DrawdownAverage peak-to-trough decline | -14.88% | -17.64% | +2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 0.95% | +1.63% |
Volatility
SLYG vs. WTMF - Volatility Comparison
SPDR S&P 600 Small Cap Growth ETF (SLYG) has a higher volatility of 5.34% compared to WisdomTree Managed Futures Strategy Fund (WTMF) at 3.17%. This indicates that SLYG'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
| SLYG | WTMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 3.17% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 7.33% | +5.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.93% | 9.06% | +8.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.56% | 9.53% | +12.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.74% | 8.11% | +14.63% |
SLYG vs. WTMF - Expense Ratio Comparison
SLYG has a 0.15% expense ratio, which is lower than WTMF's 0.65% expense ratio.
Dividends
SLYG vs. WTMF - Dividend Comparison
SLYG's dividend yield for the trailing twelve months is around 0.66%, less than WTMF's 2.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLYG SPDR S&P 600 Small Cap Growth ETF | 0.66% | 0.86% | 1.22% | 1.18% | 1.18% | 0.68% | 0.71% | 1.08% | 1.06% | 4.74% | 1.13% | 5.75% |
WTMF WisdomTree Managed Futures Strategy Fund | 2.85% | 3.04% | 3.57% | 4.74% | 5.29% | 14.71% | 0.47% | 1.63% | 3.59% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SLYG and WTMF have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLYG has higher volatility (5.34%) compared to WTMF (3.17%). In terms of maximum drawdown, SLYG dropped -62.92% vs WTMF's -30.79%.
On 10-year performance, SLYG leads with 11.84% vs 3.11% for WTMF. On fees, SLYG is cheaper at 0.15% per year. On volatility, WTMF has been the lower-risk option at 3.17%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SLYG has performed better with a 11.84% return vs 3.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SLYG is cheaper with a 0.15% expense ratio, compared with 0.65% for WTMF.
WTMF has the higher dividend yield at 2.85%, compared with 0.66% for SLYG.
SLYG is categorized as Small Cap Growth Equities, while WTMF is Hedge Fund. SLYG tracks S&P SmallCap 600 Growth Index, while WTMF tracks WisdomTree Managed Futures Index. They also come from different issuers: State Street and WisdomTree. Their fees differ too: 0.15% for SLYG and 0.65% for WTMF.
WTMF currently has the higher Sharpe Ratio (2.10 vs 1.80), 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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