WAMA vs. THIR

Last updated Jun 23, 2026

WAMA (WisdomTree U.S. Adaptive Moving Average Fund) and THIR (THOR Index Rotation ETF) are both Tactical Allocation funds - WAMA tracks the WisdomTree U.S. Adaptive Moving Average Index while THIR tracks the THOR SDQ Rotation Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. WAMA charges 0.32%/yr vs 0.70%/yr for THIR.

Performance

WAMA vs. THIR - Performance Comparison

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

Returns By Period

WAMA

• 1D: -0.58%
• 1M: -0.10%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

THIR

• 1D: -0.29%
• 1M: 1.42%
• YTD: 6.61%
• 6M: 5.81%
• 1Y: 23.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WAMA vs. THIR - Yearly Performance Comparison

	2026 (YTD)
WAMA WisdomTree U.S. Adaptive Moving Average Fund	1.56%
THIR THOR Index Rotation ETF	5.17%

Correlation

The correlation between WAMA and THIR is 0.90, 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	0.90

Return for Risk

WAMA vs. THIR — 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.

THIR

THIR Risk / Return Rank: 56
THIR Sharpe Ratio Rank: 57
THIR Sortino Ratio Rank: 56
THIR Omega Ratio Rank: 57
THIR Calmar Ratio Rank: 55
THIR Martin Ratio Rank: 55

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. THIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Adaptive Moving Average Fund (WAMA) and THOR Index Rotation ETF (THIR). 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	THIR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.87	—
Sortino ratio: Return per unit of downside risk	—	2.59	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	2.67	—
Martin ratio: Return relative to average drawdown	—	9.24	—

Drawdowns

WAMA vs. THIR - Drawdown Comparison

The maximum WAMA drawdown since its inception was -4.37%, smaller than the maximum THIR drawdown of -10.05%. Use the drawdown chart below to compare losses from any high point for WAMA and THIR.

Drawdown Indicators

	WAMA	THIR	Difference
Max Drawdown Largest peak-to-trough decline	-4.37%	-10.05%	+5.68%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.88%	—
Current Drawdown Current decline from peak	-2.01%	-1.86%	-0.15%
Average Drawdown Average peak-to-trough decline	-1.06%	-2.00%	+0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.56%	—

Volatility

Volatility by Period

	WAMA	THIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	12.69%	+1.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.02%	13.23%	+0.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.02%	13.23%	+0.79%

WAMA vs. THIR - Expense Ratio Comparison

WAMA has a 0.32% expense ratio, which is lower than THIR's 0.70% expense ratio.

Dividends

WAMA vs. THIR - Dividend Comparison

WAMA has not paid dividends to shareholders, while THIR's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024
THIR THOR Index Rotation ETF	0.33%	0.35%	0.29%
WAMA WisdomTree U.S. Adaptive Moving Average Fund	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WAMA and THIR in my portfolio?

With a correlation of 0.90, WAMA and THIR 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 THIR?

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 THIR?

WAMA is cheaper with a 0.32% expense ratio, compared with 0.70% for THIR.

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

THIR has the higher dividend yield at 0.33%, compared with 0.00% for WAMA.

What is the main difference between WAMA and THIR?

WAMA tracks WisdomTree U.S. Adaptive Moving Average Index, while THIR tracks THOR SDQ Rotation Index. They also come from different issuers: WisdomTree and THOR. Their fees differ too: 0.32% for WAMA and 0.70% for THIR.