WIMA vs. GMMA

Last updated Jun 4, 2026

WIMA (WisdomTree International Adaptive Moving Average Fund) and GMMA (GammaRoad Market Navigation ETF) are both Tactical Allocation funds - WIMA tracks the WisdomTree International Adaptive Moving Average Index while GMMA tracks the MarketVector GammaRoad U.S. Equity Strategy Index. Both are passively managed. A 0.70 correlation means they provide meaningful diversification when combined. WIMA charges 0.42%/yr vs 0.75%/yr for GMMA.

Performance

WIMA vs. GMMA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Adaptive Moving Average Fund (WIMA) and GammaRoad Market Navigation ETF (GMMA). 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*: —

GMMA

• 1D: -0.41%
• 1M: 3.45%
• YTD: 3.61%
• 6M: 3.75%
• 1Y: 10.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WIMA vs. GMMA - Yearly Performance Comparison

	2026 (YTD)
WIMA WisdomTree International Adaptive Moving Average Fund	-0.12%
GMMA GammaRoad Market Navigation ETF	1.93%

Correlation

The correlation between WIMA and GMMA is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 7, 2026	0.70

Return for Risk

WIMA vs. GMMA — Risk / Return Rank

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

GMMA

GMMA Risk / Return Rank: 65
GMMA Sharpe Ratio Rank: 62
GMMA Sortino Ratio Rank: 64
GMMA Omega Ratio Rank: 68
GMMA Calmar Ratio Rank: 66
GMMA Martin Ratio Rank: 63

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.

WIMA vs. GMMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Adaptive Moving Average Fund (WIMA) and GammaRoad Market Navigation ETF (GMMA). 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	GMMA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	1.09	-1.21

Drawdowns

WIMA vs. GMMA - Drawdown Comparison

The maximum WIMA drawdown since its inception was -2.75%, smaller than the maximum GMMA drawdown of -5.21%. Use the drawdown chart below to compare losses from any high point for WIMA and GMMA.

Drawdown Indicators

	WIMA	GMMA	Difference
Max Drawdown Largest peak-to-trough decline	-2.75%	-5.21%	+2.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.39%	—
Current Drawdown Current decline from peak	-0.77%	-0.41%	-0.36%
Average Drawdown Average peak-to-trough decline	-0.95%	-1.23%	+0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.97%	—

Volatility

Volatility by Period

	WIMA	GMMA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.54%	5.32%	+8.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.54%	7.10%	+6.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.54%	7.10%	+6.44%

WIMA vs. GMMA - Expense Ratio Comparison

WIMA has a 0.42% expense ratio, which is lower than GMMA's 0.75% expense ratio.

Dividends

WIMA vs. GMMA - Dividend Comparison

WIMA has not paid dividends to shareholders, while GMMA's dividend yield for the trailing twelve months is around 3.65%.

Position	TTM	2025	2024
GMMA GammaRoad Market Navigation ETF	3.65%	3.00%	0.57%
WIMA WisdomTree International Adaptive Moving Average Fund	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WIMA and GMMA in my portfolio?

WIMA and GMMA have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WIMA or GMMA?

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 GMMA?

WIMA is cheaper with a 0.42% expense ratio, compared with 0.75% for GMMA.

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

GMMA has the higher dividend yield at 3.65%, compared with 0.00% for WIMA.

What is the main difference between WIMA and GMMA?

WIMA tracks WisdomTree International Adaptive Moving Average Index, while GMMA tracks MarketVector GammaRoad U.S. Equity Strategy Index. They also come from different issuers: WisdomTree and GammaRoad Capital Partners. Their fees differ too: 0.42% for WIMA and 0.75% for GMMA.