THIR vs. WAMA

Last updated Jun 3, 2026

THIR (THOR Index Rotation ETF) and WAMA (WisdomTree U.S. Adaptive Moving Average Fund) are both Tactical Allocation funds - THIR tracks the THOR SDQ Rotation Index while WAMA tracks the WisdomTree U.S. Adaptive Moving Average Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. THIR charges 0.70%/yr vs 0.32%/yr for WAMA.

Performance

THIR vs. WAMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in THOR Index Rotation ETF (THIR) and WisdomTree U.S. Adaptive Moving Average Fund (WAMA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

THIR

• 1D: 0.49%
• 1M: 8.06%
• YTD: 8.63%
• 6M: 9.22%
• 1Y: 25.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WAMA

• 1D: 0.11%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

THIR vs. WAMA - Yearly Performance Comparison

	2026 (YTD)
THIR THOR Index Rotation ETF	5.61%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	3.53%

Correlation

The correlation between THIR and WAMA is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 7, 2026	0.91

Return for Risk

THIR vs. WAMA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

THIR

THIR Risk / Return Rank: 64
THIR Sharpe Ratio Rank: 66
THIR Sortino Ratio Rank: 67
THIR Omega Ratio Rank: 65
THIR Calmar Ratio Rank: 60
THIR Martin Ratio Rank: 59

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.

THIR vs. WAMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for THOR Index Rotation ETF (THIR) and WisdomTree U.S. Adaptive Moving Average Fund (WAMA). 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.

	THIR	WAMA	Difference
Sharpe ratio Return per unit of total volatility	2.25	—	—
Sortino ratio Return per unit of downside risk	3.14	—	—
Omega ratio Gain probability vs. loss probability	1.40	—	—
Calmar ratio Return relative to maximum drawdown	3.02	—	—
Martin ratio Return relative to average drawdown	10.82	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	THIR	WAMA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	7.30	-5.52

Drawdowns

THIR vs. WAMA - Drawdown Comparison

The maximum THIR drawdown since its inception was -10.05%, which is greater than WAMA's maximum drawdown of -1.91%. Use the drawdown chart below to compare losses from any high point for THIR and WAMA.

Drawdown Indicators

	THIR	WAMA	Difference
Max Drawdown Largest peak-to-trough decline	-10.05%	-1.91%	-8.14%
Max Drawdown (1Y) Largest decline over 1 year	-8.88%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.99%	-0.37%	-1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	—	—

Volatility

Volatility by Period

	THIR	WAMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.56%	8.80%	+2.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.64%	8.80%	+3.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.64%	8.80%	+3.84%

THIR vs. WAMA - Expense Ratio Comparison

THIR has a 0.70% expense ratio, which is higher than WAMA's 0.32% expense ratio.

Dividends

THIR vs. WAMA - Dividend Comparison

THIR's dividend yield for the trailing twelve months is around 0.32%, while WAMA has not paid dividends to shareholders.

Position	TTM	2025	2024
THIR THOR Index Rotation ETF	0.32%	0.35%	0.29%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both THIR and WAMA in my portfolio?

With a correlation of 0.91, THIR and WAMA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, THIR or WAMA?

On fees, WAMA is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, THIR or WAMA?

WAMA is cheaper with a 0.32% expense ratio, compared with 0.70% for THIR.

Which ETF pays a higher dividend yield, THIR or WAMA?

THIR has the higher dividend yield at 0.32%, compared with 0.00% for WAMA.

What is the main difference between THIR and WAMA?

THIR tracks THOR SDQ Rotation Index, while WAMA tracks WisdomTree U.S. Adaptive Moving Average Index. They also come from different issuers: THOR and WisdomTree. Their fees differ too: 0.70% for THIR and 0.32% for WAMA.