WTIP vs. CSM

Last updated Jun 4, 2026

WTIP (WisdomTree Inflation Plus Fund) and CSM (Proshares Large Cap Core Plus) are both Long-Short funds. WTIP is actively managed, while CSM is passively managed. At a 0.12 correlation, their price movements are largely independent. WTIP charges 0.65%/yr vs 0.45%/yr for CSM.

Performance

WTIP vs. CSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Inflation Plus Fund (WTIP) and Proshares Large Cap Core Plus (CSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTIP achieves a 14.34% return, which is significantly higher than CSM's 8.62% return.

WTIP

• 1D: -0.67%
• 1M: -3.73%
• YTD: 14.34%
• 6M: 16.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CSM

• 1D: -0.84%
• 1M: 4.86%
• YTD: 8.62%
• 6M: 9.99%
• 1Y: 28.48%
• 3Y*: 22.04%
• 5Y*: 13.38%
• 10Y*: 14.36%

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

WTIP vs. CSM - Yearly Performance Comparison

	2026 (YTD)	2025
WTIP WisdomTree Inflation Plus Fund	14.34%	14.00%
CSM Proshares Large Cap Core Plus	8.62%	18.08%

Correlation

The correlation between WTIP and CSM is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.12

Return for Risk

WTIP vs. CSM — Risk / Return Rank

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

CSM

CSM Risk / Return Rank: 69
CSM Sharpe Ratio Rank: 72
CSM Sortino Ratio Rank: 72
CSM Omega Ratio Rank: 69
CSM Calmar Ratio Rank: 61
CSM Martin Ratio Rank: 71

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.

WTIP vs. CSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Inflation Plus Fund (WTIP) and Proshares Large Cap Core Plus (CSM). 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

	WTIP	CSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.40	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.89	0.86	+1.03

Drawdowns

WTIP vs. CSM - Drawdown Comparison

The maximum WTIP drawdown since its inception was -8.35%, smaller than the maximum CSM drawdown of -36.11%. Use the drawdown chart below to compare losses from any high point for WTIP and CSM.

Drawdown Indicators

	WTIP	CSM	Difference
Max Drawdown Largest peak-to-trough decline	-8.35%	-36.11%	+27.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.40%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.11%	—
Current Drawdown Current decline from peak	-8.35%	-1.18%	-7.17%
Average Drawdown Average peak-to-trough decline	-1.39%	-4.04%	+2.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.15%	—

Volatility

Volatility by Period

	WTIP	CSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.05%	11.95%	+5.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.05%	17.11%	-0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.05%	18.38%	-1.33%

WTIP vs. CSM - Expense Ratio Comparison

WTIP has a 0.65% expense ratio, which is higher than CSM's 0.45% expense ratio.

Dividends

WTIP vs. CSM - Dividend Comparison

WTIP's dividend yield for the trailing twelve months is around 2.80%, more than CSM's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSM Proshares Large Cap Core Plus	1.01%	1.04%	1.06%	1.17%	1.37%	0.78%	1.21%	1.41%	1.54%	1.28%	1.49%	1.67%
WTIP WisdomTree Inflation Plus Fund	2.80%	1.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTIP and CSM in my portfolio?

WTIP and CSM have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTIP or CSM?

On fees, CSM is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTIP or CSM?

CSM is cheaper with a 0.45% expense ratio, compared with 0.65% for WTIP.

Which ETF pays a higher dividend yield, WTIP or CSM?

WTIP has the higher dividend yield at 2.80%, compared with 1.01% for CSM.

What is the main difference between WTIP and CSM?

They also come from different issuers: WisdomTree and ProShares. Their fees differ too: 0.65% for WTIP and 0.45% for CSM.