WAMA vs. PRTO

Last updated Jun 4, 2026

WAMA (WisdomTree U.S. Adaptive Moving Average Fund) and PRTO (RCN Pareto Strategic Allocation ETF) are both Tactical Allocation funds. WAMA is passively managed, while PRTO is actively managed. Their correlation of 0.81 suggests significant overlap in exposure. WAMA charges 0.32%/yr vs 0.82%/yr for PRTO.

Performance

WAMA vs. PRTO - Performance Comparison

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

Returns By Period

WAMA

• 1D: -0.73%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRTO

• 1D: -0.71%
• 1M: 2.88%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WAMA vs. PRTO - Yearly Performance Comparison

	2026 (YTD)
WAMA WisdomTree U.S. Adaptive Moving Average Fund	2.77%
PRTO RCN Pareto Strategic Allocation ETF	0.24%

Correlation

The correlation between WAMA and PRTO is 0.81, 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	0.81

Return for Risk

WAMA vs. PRTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Adaptive Moving Average Fund (WAMA) and RCN Pareto Strategic Allocation ETF (PRTO). 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.

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

Sharpe Ratios by Period

	WAMA	PRTO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.87	4.77	+0.10

Drawdowns

WAMA vs. PRTO - Drawdown Comparison

The maximum WAMA drawdown since its inception was -1.91%, smaller than the maximum PRTO drawdown of -2.98%. Use the drawdown chart below to compare losses from any high point for WAMA and PRTO.

Drawdown Indicators

	WAMA	PRTO	Difference
Max Drawdown Largest peak-to-trough decline	-1.91%	-2.98%	+1.07%
Current Drawdown Current decline from peak	-0.73%	-0.71%	-0.02%
Average Drawdown Average peak-to-trough decline	-0.39%	-0.55%	+0.16%

Volatility

Volatility by Period

	WAMA	PRTO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.20%	14.03%	-4.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.20%	14.03%	-4.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.20%	14.03%	-4.83%

WAMA vs. PRTO - Expense Ratio Comparison

WAMA has a 0.32% expense ratio, which is lower than PRTO's 0.82% expense ratio.

Dividends

WAMA vs. PRTO - Dividend Comparison

Neither WAMA nor PRTO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WAMA and PRTO in my portfolio?

WAMA and PRTO have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WAMA or PRTO?

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, WAMA or PRTO?

WAMA is cheaper with a 0.32% expense ratio, compared with 0.82% for PRTO.

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

WAMA and PRTO have nearly identical dividend yields, around 0.00%.

What is the main difference between WAMA and PRTO?

They also come from different issuers: WisdomTree and Tidal. Their fees differ too: 0.32% for WAMA and 0.82% for PRTO.