WAMA vs. QQWZ

Last updated Jun 24, 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 0.89 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: -1.21%
• 1M: -1.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQWZ

• 1D: -3.00%
• 1M: -0.25%
• YTD: 14.35%
• 6M: 11.94%
• 1Y: 31.25%
• 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	0.33%
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	5.05%

Correlation

The correlation between WAMA and QQWZ 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 May 6, 2026	0.89

Return for Risk

WAMA vs. QQWZ — Risk / Return Rank

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

WAMA

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

QQWZ

QQWZ Risk / Return Rank: 70
QQWZ Sharpe Ratio Rank: 66
QQWZ Sortino Ratio Rank: 61
QQWZ Omega Ratio Rank: 66
QQWZ Calmar Ratio Rank: 81
QQWZ Martin Ratio Rank: 77

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.

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.

	WAMA	QQWZ	Difference
Sharpe ratio: Return per unit of total volatility	—	2.01	—
Sortino ratio: Return per unit of downside risk	—	2.65	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	4.02	—
Martin ratio: Return relative to average drawdown	—	13.81	—

Drawdowns

WAMA vs. QQWZ - Drawdown Comparison

The maximum WAMA drawdown since its inception was -4.37%, 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	-4.37%	-7.81%	+3.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.81%	—
Current Drawdown Current decline from peak	-3.20%	-4.07%	+0.87%
Average Drawdown Average peak-to-trough decline	-1.13%	-1.44%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.27%	—

Volatility

Volatility by Period

	WAMA	QQWZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	15.68%	-1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.24%	15.83%	-1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.24%	15.83%	-1.59%

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 0.57%.

Position	TTM	2025
QQWZ Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	0.57%	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?

WAMA and QQWZ 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, 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 0.57%, 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.