WIMA vs. DWAT

Last updated Jun 4, 2026

WIMA (WisdomTree International Adaptive Moving Average Fund) and DWAT (Arrow DWA Tactical: Macro ETF) are both Tactical Allocation funds. WIMA is passively managed, while DWAT is actively managed. WIMA charges 0.42%/yr vs 1.83%/yr for DWAT.

Performance

WIMA vs. DWAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Adaptive Moving Average Fund (WIMA) and Arrow DWA Tactical: Macro ETF (DWAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WIMA

• 1D: -0.77%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DWAT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WIMA vs. DWAT - Yearly Performance Comparison

	2026 (YTD)
WIMA WisdomTree International Adaptive Moving Average Fund	-0.12%
DWAT Arrow DWA Tactical: Macro ETF	0.00%

Return for Risk

WIMA vs. DWAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Adaptive Moving Average Fund (WIMA) and Arrow DWA Tactical: Macro ETF (DWAT). 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

	WIMA	DWAT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	—	—

Drawdowns

WIMA vs. DWAT - Drawdown Comparison

The maximum WIMA drawdown since its inception was -2.75%, which is greater than DWAT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for WIMA and DWAT.

Drawdown Indicators

	WIMA	DWAT	Difference
Max Drawdown Largest peak-to-trough decline	-2.75%	0.00%	-2.75%
Current Drawdown Current decline from peak	-0.77%	0.00%	-0.77%
Average Drawdown Average peak-to-trough decline	-0.95%	0.00%	-0.95%

Volatility

Volatility by Period

	WIMA	DWAT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.54%	0.00%	+13.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.54%	0.00%	+13.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.54%	0.00%	+13.54%

WIMA vs. DWAT - Expense Ratio Comparison

WIMA has a 0.42% expense ratio, which is lower than DWAT's 1.83% expense ratio.

Dividends

WIMA vs. DWAT - Dividend Comparison

Neither WIMA nor DWAT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, WIMA or DWAT?

On fees, WIMA is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WIMA or DWAT?

WIMA is cheaper with a 0.42% expense ratio, compared with 1.83% for DWAT.

Which ETF pays a higher dividend yield, WIMA or DWAT?

WIMA and DWAT have nearly identical dividend yields, around 0.00%.

What is the main difference between WIMA and DWAT?

They also come from different issuers: WisdomTree and Arrow Funds. Their fees differ too: 0.42% for WIMA and 1.83% for DWAT.