THMR vs. WAMA

Last updated Jul 16, 2026

THMR (THOR AdaptiveRisk Dynamic ETF) and WAMA (WisdomTree U.S. Adaptive Moving Average Fund) are both Tactical Allocation funds. THMR is actively managed, while WAMA is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. THMR charges 1.10%/yr vs 0.32%/yr for WAMA.

Performance

THMR vs. WAMA - Performance Comparison

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

Returns By Period

THMR

• 1D: 0.16%
• 1M: -2.94%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WAMA

• 1D: 0.35%
• 1M: 0.50%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

THMR vs. WAMA - Yearly Performance Comparison

	2026 (YTD)
THMR THOR AdaptiveRisk Dynamic ETF	1.65%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	10.31%

Correlation

The correlation between THMR and WAMA is 0.89, 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 Apr 9, 2026	0.89

Return for Risk

THMR vs. WAMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for THOR AdaptiveRisk Dynamic ETF (THMR) 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.

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.

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

Drawdowns

THMR vs. WAMA - Drawdown Comparison

The maximum THMR drawdown since its inception was -7.95%, which is greater than WAMA's maximum drawdown of -5.73%. Use the drawdown chart below to compare losses from any high point for THMR and WAMA.

Drawdown Indicators

	THMR	WAMA	Difference
Max Drawdown Largest peak-to-trough decline	-7.95%	-5.73%	-2.22%
Current Drawdown Current decline from peak	-5.91%	-0.37%	-5.54%
Average Drawdown Average peak-to-trough decline	-2.70%	-1.42%	-1.28%

Volatility

Volatility by Period

	THMR	WAMA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.91%	13.59%	+1.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.91%	13.59%	+1.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.91%	13.59%	+1.32%

THMR vs. WAMA - Expense Ratio Comparison

THMR has a 1.10% expense ratio, which is higher than WAMA's 0.32% expense ratio.

Dividends

THMR vs. WAMA - Dividend Comparison

THMR has not paid dividends to shareholders, while WAMA's dividend yield for the trailing twelve months is around 0.42%.

Position	TTM
THMR THOR AdaptiveRisk Dynamic ETF	0.00%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.42%

Frequently Asked Questions

Can I hold both THMR and WAMA in my portfolio?

THMR and WAMA have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THMR 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, THMR or WAMA?

WAMA is cheaper with a 0.32% expense ratio, compared with 1.10% for THMR.

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

WAMA has the higher dividend yield at 0.42%, compared with 0.00% for THMR.

What is the main difference between THMR and WAMA?

They also come from different issuers: THOR Financial Technologies and WisdomTree. Their fees differ too: 1.10% for THMR and 0.32% for WAMA.