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SPTM vs. PUTW
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SPTM vs. PUTW

Last updated Jun 4, 2026

SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) and PUTW (WisdomTree Equity Premium Income Fund) are both funds - SPTM is a Large Cap Blend Equities fund tracking the S&P Composite 1500 Index, while PUTW is a Derivative Income fund tracking the Volos U.S. Large Cap Target 2.5% PutWrite Index. Both are passively managed. Over the past 10 years, SPTM returned 15.21%/yr vs 8.30%/yr for PUTW. A 0.79 correlation means they provide meaningful diversification when combined. SPTM charges 0.03%/yr vs 0.44%/yr for PUTW.

Performance

SPTM vs. PUTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and WisdomTree Equity Premium Income Fund (PUTW). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SPTM achieves a 11.10% return, which is significantly higher than PUTW's 4.26% return. Over the past 10 years, SPTM has outperformed PUTW with an annualized return of 15.21%, while PUTW has yielded a comparatively lower 8.30% annualized return.

SPTM

1D
-0.67%
1M
4.87%
YTD
11.10%
6M
11.13%
1Y
27.84%
3Y*
21.90%
5Y*
13.38%
10Y*
15.21%

PUTW

1D
-0.18%
1M
1.94%
YTD
4.26%
6M
4.65%
1Y
18.84%
3Y*
13.62%
5Y*
9.92%
10Y*
8.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPTM vs. PUTW - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		11.10%16.93%23.87%25.55%-17.75%28.58%17.94%31.34%-5.30%21.18%
PUTW
WisdomTree Equity Premium Income Fund		4.26%14.45%17.18%15.53%-10.11%20.94%1.65%13.55%-7.16%10.09%

Correlation

The correlation between SPTM and PUTW is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.84

Correlation (3Y)
Calculated over the trailing 3-year period

0.86

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (10Y)
Calculated over the trailing 10-year period

0.79

Correlation (All Time)
Calculated using the full available price history since Feb 25, 2016

0.79

The correlation between SPTM and PUTW has been stable across timeframes, ranging from 0.79 to 0.86 - a consistent structural relationship.

SPTM vs. PUTW - Sectors Allocation Comparison

Sectors
SPTM
PUTW

Technology

34.0%

-

Financial Services

12.1%
-0.0%

Communication Services

10.5%

-

Consumer Cyclical

10.3%

-

Industrials

9.4%

-

Healthcare

8.6%

-

Consumer Defensive

4.8%

-

Energy

3.7%

-

Utilities

2.3%

-

Real Estate

2.3%

-

Basic Materials

2.0%

-

Technology

SPTM
34.0%
PUTW

-

Financial Services

SPTM
12.1%
PUTW
-0.0%

Communication Services

SPTM
10.5%
PUTW

-

Consumer Cyclical

SPTM
10.3%
PUTW

-

Industrials

SPTM
9.4%
PUTW

-

Healthcare

SPTM
8.6%
PUTW

-

Consumer Defensive

SPTM
4.8%
PUTW

-

Energy

SPTM
3.7%
PUTW

-

Utilities

SPTM
2.3%
PUTW

-

Real Estate

SPTM
2.3%
PUTW

-

Basic Materials

SPTM
2.0%
PUTW

-

Compare stocks, funds, or ETFs

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SPDR Portfolio S&P 1500 Composite Stock Market ETF

WisdomTree Equity Premium Income Fund

Often compared with SPTM:
SPTM vs. VTISPTM vs. SPYSPTM vs. VOOSPTM vs. ITOTSPTM vs. SCHGSPTM vs. BKLCSPTM vs. SCHD
Often compared with PUTW:
PUTW vs. SPYPUTW vs. WTPIPUTW vs. JEPIPUTW vs. XYLDPUTW vs. VOOPUTW vs. AGGYPUTW vs. QYLD

Return for Risk

SPTM vs. PUTW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SPTM
SPTM Risk / Return Rank: 7070
Overall Rank
SPTM Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
SPTM Sortino Ratio Rank: 6969
Sortino Ratio Rank
SPTM Omega Ratio Rank: 6969
Omega Ratio Rank
SPTM Calmar Ratio Rank: 6464
Calmar Ratio Rank
SPTM Martin Ratio Rank: 7676
Martin Ratio Rank
PUTW
PUTW Risk / Return Rank: 5555
Overall Rank
PUTW Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
PUTW Sortino Ratio Rank: 5050
Sortino Ratio Rank
PUTW Omega Ratio Rank: 6060
Omega Ratio Rank
PUTW Calmar Ratio Rank: 4848
Calmar Ratio Rank
PUTW Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPTM vs. PUTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and WisdomTree Equity Premium Income Fund (PUTW). 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.

SPTMPUTWDifference
Sharpe ratioReturn per unit of total volatility
2.36
2.14

+0.22

Sortino ratioReturn per unit of downside risk
3.23
2.98

+0.24

Omega ratioGain probability vs. loss probability

1.43

1.43

-0.01

Calmar ratioReturn relative to maximum drawdown

3.22

2.65

+0.57

Martin ratioReturn relative to average drawdown

15.01

12.69

+2.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPTM vs. PUTW - Sharpe Ratio Comparison

The current SPTM Sharpe Ratio is 2.36, which is comparable to the PUTW Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of SPTM and PUTW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SPTMPUTWDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.36

2.14

+0.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.80

0.82

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.85

0.63

+0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.65

-0.19

Drawdowns

SPTM vs. PUTW - Drawdown Comparison

The maximum SPTM drawdown since its inception was -54.80%, which is greater than PUTW's maximum drawdown of -28.40%. Use the drawdown chart below to compare losses from any high point for SPTM and PUTW.

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Drawdown Indicators

SPTMPUTWDifference

Max Drawdown

Largest peak-to-trough decline

-54.80%

-28.40%

-26.40%

Max Drawdown (1Y)

Largest decline over 1 year

-8.68%

-7.15%

-1.53%

Max Drawdown (3Y)

Largest decline over 3 years

-18.87%

-15.26%

-3.61%

Max Drawdown (5Y)

Largest decline over 5 years

-24.14%

-16.56%

-7.58%

Max Drawdown (10Y)

Largest decline over 10 years

-34.66%

-28.40%

-6.26%

Current Drawdown

Current decline from peak

-0.67%

-0.27%

-0.40%

Average Drawdown

Average peak-to-trough decline

-9.05%

-3.44%

-5.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.86%

1.49%

+0.37%

Volatility

SPTM vs. PUTW - Volatility Comparison

SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has a higher volatility of 2.88% compared to WisdomTree Equity Premium Income Fund (PUTW) at 0.90%. This indicates that SPTM's price experiences larger fluctuations and is considered to be riskier than PUTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SPTMPUTWDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.88%

0.90%

+1.98%

Volatility (6M)

Calculated over the trailing 6-month period

8.92%

7.00%

+1.92%

Volatility (1Y)

Calculated over the trailing 1-year period

11.88%

8.86%

+3.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.87%

12.13%

+4.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.03%

13.22%

+4.81%

SPTM vs. PUTW - Expense Ratio Comparison

SPTM has a 0.03% expense ratio, which is lower than PUTW's 0.44% expense ratio.

Dividends

SPTM vs. PUTW - Dividend Comparison

SPTM's dividend yield for the trailing twelve months is around 1.04%, less than PUTW's 12.06% yield.

PositionTTM20252024202320222021202020192018201720162015
PUTW
WisdomTree Equity Premium Income Fund		12.06%13.18%11.99%8.94%3.27%0.00%1.43%1.47%6.46%3.52%2.27%0.00%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		1.04%1.13%1.28%1.44%1.69%1.25%1.56%1.72%1.90%1.66%1.91%1.92%

Frequently Asked Questions

SPTM and PUTW have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SPTM has higher volatility (2.88%) compared to PUTW (0.90%). In terms of maximum drawdown, SPTM dropped -54.80% vs PUTW's -28.40%.

SPTM currently has the higher Sharpe Ratio (2.36 vs 2.14), 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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