SPTM vs. PUTW

Last updated Jul 17, 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. A 0.73 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.

Returns By Period

SPTM

• 1D: -0.43%
• 1M: 0.36%
• 6M: 9.12%
• YTD: 11.17%
• 1Y: 21.89%
• 3Y*: 19.62%
• 5Y*: 12.98%
• 10Y*: 14.87%

PUTW

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPTM vs. PUTW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	11.17%	16.93%	23.87%	25.55%	-17.75%	28.58%	17.94%	31.34%	-5.30%	21.18%
PUTW WisdomTree Equity Premium Income Fund	0.00%	-2.80%	17.19%	14.01%	-11.11%	20.92%	1.67%	13.55%	-8.07%	9.88%

Correlation

The correlation between SPTM and PUTW is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Feb 24, 2016	0.73

The correlation between SPTM and PUTW has been stable across timeframes, ranging from 0.64 to 0.73 - a consistent structural relationship.

SPTM vs. PUTW - Sectors Allocation Comparison

Sectors	SPTM	PUTW
Technology	37.4%	-
Financial Services	11.4%	-0.0%
Consumer Cyclical	10.1%	-
Communication Services	10.0%	-
Industrials	8.9%	-
Healthcare	8.4%	-
Consumer Defensive	4.4%	-
Energy	3.3%	-
Real Estate	2.2%	-
Utilities	2.1%	-
Basic Materials	1.9%	-

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: 68
SPTM Sharpe Ratio Rank: 67
SPTM Sortino Ratio Rank: 66
SPTM Omega Ratio Rank: 66
SPTM Calmar Ratio Rank: 63
SPTM Martin Ratio Rank: 76

PUTW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

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.

	SPTM	PUTW	Difference
Sharpe ratio: Return per unit of total volatility	1.76	—	—
Sortino ratio: Return per unit of downside risk	2.43	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.53	—	—
Martin ratio: Return relative to average drawdown	11.20	—	—

Drawdowns

Drawdown Indicators

	SPTM	PUTW	Difference
Max Drawdown Largest peak-to-trough decline	-54.80%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	—	—
Current Drawdown Current decline from peak	-0.61%	—	—
Average Drawdown Average peak-to-trough decline	-9.01%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	—	—

Volatility

Volatility by Period

	SPTM	PUTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.51%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.97%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.01%	—	—

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 1.06%, while PUTW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PUTW WisdomTree Equity Premium Income Fund	0.00%	4.16%	11.99%	7.63%	2.16%	0.00%	1.43%	1.47%	5.49%	3.33%	2.27%	0.00%
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	1.06%	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

Can I hold both SPTM and PUTW in my portfolio?

SPTM and PUTW have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.