WAMA vs. QQWZ

Last updated Jun 4, 2026

WAMA (WisdomTree U.S. Adaptive Moving Average Fund) and QQWZ (Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF) are both exchange-traded funds - WAMA is a Tactical Allocation fund tracking the WisdomTree U.S. Adaptive Moving Average Index, while QQWZ is a Nasdaq-100 fund actively managed by Pacer. WAMA is passively managed, while QQWZ is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. WAMA charges 0.32%/yr vs 0.49%/yr for QQWZ.

Performance

WAMA vs. QQWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Adaptive Moving Average Fund (WAMA) and Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ). 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*: —

QQWZ

• 1D: -0.24%
• 1M: 10.66%
• YTD: 18.92%
• 6M: 16.34%
• 1Y: 37.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WAMA vs. QQWZ - Yearly Performance Comparison

	2026 (YTD)
WAMA WisdomTree U.S. Adaptive Moving Average Fund	2.77%
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	7.10%

Correlation

The correlation between WAMA and QQWZ is 0.92, 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	0.92

Return for Risk

WAMA vs. QQWZ — Risk / Return Rank

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

QQWZ

QQWZ Risk / Return Rank: 83
QQWZ Sharpe Ratio Rank: 83
QQWZ Sortino Ratio Rank: 81
QQWZ Omega Ratio Rank: 81
QQWZ Calmar Ratio Rank: 86
QQWZ Martin Ratio Rank: 85

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.

WAMA vs. QQWZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Adaptive Moving Average Fund (WAMA) and Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ). 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	QQWZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.87	3.26	+1.61

Drawdowns

WAMA vs. QQWZ - Drawdown Comparison

The maximum WAMA drawdown since its inception was -1.91%, smaller than the maximum QQWZ drawdown of -7.81%. Use the drawdown chart below to compare losses from any high point for WAMA and QQWZ.

Drawdown Indicators

	WAMA	QQWZ	Difference
Max Drawdown Largest peak-to-trough decline	-1.91%	-7.81%	+5.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.81%	—
Current Drawdown Current decline from peak	-0.73%	-0.24%	-0.49%
Average Drawdown Average peak-to-trough decline	-0.39%	-1.36%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.12%	—

Volatility

Volatility by Period

	WAMA	QQWZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.20%	13.77%	-4.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.20%	14.22%	-5.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.20%	14.22%	-5.02%

WAMA vs. QQWZ - Expense Ratio Comparison

WAMA has a 0.32% expense ratio, which is lower than QQWZ's 0.49% expense ratio.

Dividends

WAMA vs. QQWZ - Dividend Comparison

WAMA has not paid dividends to shareholders, while QQWZ's dividend yield for the trailing twelve months is around 0.31%.

Position	TTM	2025
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	0.31%	0.11%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both WAMA and QQWZ in my portfolio?

With a correlation of 0.92, WAMA and QQWZ 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, WAMA or QQWZ?

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 QQWZ?

WAMA is cheaper with a 0.32% expense ratio, compared with 0.49% for QQWZ.

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

QQWZ has the higher dividend yield at 0.31%, compared with 0.00% for WAMA.

What is the main difference between WAMA and QQWZ?

WAMA is categorized as Tactical Allocation, while QQWZ is Nasdaq-100. They also come from different issuers: WisdomTree and Pacer. Their fees differ too: 0.32% for WAMA and 0.49% for QQWZ.