USMF vs. OPTZ

Last updated Jun 5, 2026

USMF (WisdomTree US Multifactor Fund) and OPTZ (Optimize Strategy Index ETF) are both Mid Cap Blend Equities funds - USMF tracks the WisdomTree US Multifactor Index while OPTZ tracks the Optimize Strategy Index. Both are passively managed. Over the past year, USMF returned 6.68% vs 61.03% for OPTZ. A 0.77 correlation means they provide meaningful diversification when combined. USMF charges 0.28%/yr vs 0.25%/yr for OPTZ.

Performance

USMF vs. OPTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree US Multifactor Fund (USMF) and Optimize Strategy Index ETF (OPTZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USMF achieves a 4.43% return, which is significantly lower than OPTZ's 31.19% return.

USMF

• 1D: 0.08%
• 1M: 3.17%
• YTD: 4.43%
• 6M: 4.58%
• 1Y: 6.68%
• 3Y*: 14.35%
• 5Y*: 7.68%
• 10Y*: —

OPTZ

• 1D: -0.24%
• 1M: 10.07%
• YTD: 31.19%
• 6M: 31.66%
• 1Y: 61.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USMF vs. OPTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
USMF WisdomTree US Multifactor Fund	4.43%	4.60%	11.82%
OPTZ Optimize Strategy Index ETF	31.19%	22.83%	16.81%

Correlation

The correlation between USMF and OPTZ 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 (1Y) Calculated over the trailing 1-year period	0.73
Correlation (All Time) Calculated using the full available price history since Apr 24, 2024	0.77

The correlation between USMF and OPTZ has been stable across timeframes, ranging from 0.73 to 0.77 - a consistent structural relationship.

USMF vs. OPTZ - Sectors Allocation Comparison

Sectors	USMF	OPTZ
Technology	35.6%	50.6%
Financial Services	11.8%	9.1%
Consumer Cyclical	11.1%	9.5%
Communication Services	10.3%	2.6%
Healthcare	9.3%	10.5%
Industrials	7.8%	8.9%
Consumer Defensive	5.2%	4.0%
Energy	4.1%	1.5%
Real Estate	2.0%	1.5%
Utilities	2.0%	0.7%
Basic Materials	0.9%	1.3%

Return for Risk

USMF vs. OPTZ — Risk / Return Rank

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

USMF

USMF Risk / Return Rank: 21
USMF Sharpe Ratio Rank: 20
USMF Sortino Ratio Rank: 19
USMF Omega Ratio Rank: 18
USMF Calmar Ratio Rank: 23
USMF Martin Ratio Rank: 24

OPTZ

OPTZ Risk / Return Rank: 92
OPTZ Sharpe Ratio Rank: 93
OPTZ Sortino Ratio Rank: 92
OPTZ Omega Ratio Rank: 90
OPTZ Calmar Ratio Rank: 91
OPTZ Martin Ratio Rank: 94

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.

USMF vs. OPTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US Multifactor Fund (USMF) and Optimize Strategy Index ETF (OPTZ). 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.

	USMF	OPTZ	Difference
Sharpe ratio: Return per unit of total volatility	0.62	3.40	-2.78
Sortino ratio: Return per unit of downside risk	0.94	4.47	-3.53
Omega ratio: Gain probability vs. loss probability	1.11	1.57	-0.46
Calmar ratio: Return relative to maximum drawdown	1.04	5.77	-4.73
Martin ratio: Return relative to average drawdown	3.11	26.24	-23.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USMF vs. OPTZ - Sharpe Ratio Comparison

The current USMF Sharpe Ratio is 0.62, which is lower than the OPTZ Sharpe Ratio of 3.40. The chart below compares the historical Sharpe Ratios of USMF and OPTZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	USMF	OPTZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	3.40	-2.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	1.70	-1.08

Drawdowns

USMF vs. OPTZ - Drawdown Comparison

The maximum USMF drawdown since its inception was -36.24%, which is greater than OPTZ's maximum drawdown of -25.75%. Use the drawdown chart below to compare losses from any high point for USMF and OPTZ.

Drawdown Indicators

	USMF	OPTZ	Difference
Max Drawdown Largest peak-to-trough decline	-36.24%	-25.75%	-10.49%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-10.63%	+4.16%
Max Drawdown (3Y) Largest decline over 3 years	-15.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.10%	—	—
Current Drawdown Current decline from peak	-0.49%	-0.24%	-0.25%
Average Drawdown Average peak-to-trough decline	-4.16%	-3.38%	-0.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	2.33%	-0.18%

Volatility

USMF vs. OPTZ - Volatility Comparison

The current volatility for WisdomTree US Multifactor Fund (USMF) is 2.25%, while Optimize Strategy Index ETF (OPTZ) has a volatility of 5.99%. This indicates that USMF experiences smaller price fluctuations and is considered to be less risky than OPTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USMF	OPTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.25%	5.99%	-3.74%
Volatility (6M) Calculated over the trailing 6-month period	7.42%	13.52%	-6.10%
Volatility (1Y) Calculated over the trailing 1-year period	10.79%	18.05%	-7.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.26%	20.64%	-6.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.96%	20.64%	-3.68%

USMF vs. OPTZ - Expense Ratio Comparison

USMF has a 0.28% expense ratio, which is higher than OPTZ's 0.25% expense ratio.

Dividends

USMF vs. OPTZ - Dividend Comparison

USMF's dividend yield for the trailing twelve months is around 1.31%, more than OPTZ's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OPTZ Optimize Strategy Index ETF	0.44%	0.58%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USMF WisdomTree US Multifactor Fund	1.31%	1.37%	1.22%	1.33%	1.74%	1.42%	1.34%	1.38%	1.45%	0.67%

Frequently Asked Questions

Can I hold both USMF and OPTZ in my portfolio?

USMF and OPTZ 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.

Which is riskier, USMF or OPTZ?

OPTZ has higher volatility (5.99%) compared to USMF (2.25%). In terms of maximum drawdown, USMF dropped -36.24% vs OPTZ's -25.75%.

Which ETF is better, USMF or OPTZ?

On 1-year performance, OPTZ leads with 61.03% vs 6.68% for USMF. On fees, OPTZ is cheaper at 0.25% per year. On volatility, USMF has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USMF or OPTZ?

Over the 1-year period, OPTZ has performed better with a 61.03% return vs 6.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USMF or OPTZ?

OPTZ is cheaper with a 0.25% expense ratio, compared with 0.28% for USMF.

Which ETF pays a higher dividend yield, USMF or OPTZ?

USMF has the higher dividend yield at 1.31%, compared with 0.44% for OPTZ.

What is the main difference between USMF and OPTZ?

USMF tracks WisdomTree US Multifactor Index, while OPTZ tracks Optimize Strategy Index. They also come from different issuers: WisdomTree and Optimize. Their fees differ too: 0.28% for USMF and 0.25% for OPTZ.

Which has better risk-adjusted returns?

OPTZ currently has the higher Sharpe Ratio (3.40 vs 0.62), 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.