WTMF vs. AHLT

Last updated Aug 2, 2026

WTMF (WisdomTree Managed Futures Strategy Fund) and AHLT (American Beacon AHL Trend ETF) are both Systematic Trend funds. WTMF is passively managed, while AHLT is actively managed. Over the past year, WTMF returned 18.77% vs 37.31% for AHLT. Their 0.47 correlation means their historical movements had little consistent relationship. WTMF charges 0.65%/yr vs 0.95%/yr for AHLT.

Performance

WTMF vs. AHLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Managed Futures Strategy Fund (WTMF) and American Beacon AHL Trend ETF (AHLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTMF achieves a 8.10% return, which is significantly lower than AHLT's 10.23% return.

WTMF

• 1D: -0.05%
• 1M: 0.96%
• 6M: 8.70%
• YTD: 8.10%
• 1Y: 18.77%
• 3Y*: 9.32%
• 5Y*: 6.09%
• 10Y*: 3.47%
• ALL TIME*: 1.16%

AHLT

• 1D: 1.32%
• 1M: 1.33%
• 6M: 2.37%
• YTD: 10.23%
• 1Y: 37.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.99%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AHLT American Beacon AHL Trend ETF	$1.71M	$924.06K	$2.01M
WTMF WisdomTree Managed Futures Strategy Fund	$1.17M	$1.17M	$1.11M

WTMF vs. AHLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WTMF WisdomTree Managed Futures Strategy Fund	8.10%	12.17%	3.20%	5.00%
AHLT American Beacon AHL Trend ETF	10.23%	13.73%	6.08%	-8.42%

Correlation

The correlation between WTMF and AHLT is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.56
Correlation (All Time) Calculated using the full available price history since Aug 31, 2023	0.47

The correlation between WTMF and AHLT has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.

Return for Risk

WTMF vs. AHLT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WTMF

WTMF Risk / Return Rank: 87
WTMF Sharpe Ratio Rank: 84
WTMF Sortino Ratio Rank: 82
WTMF Omega Ratio Rank: 85
WTMF Calmar Ratio Rank: 93
WTMF Martin Ratio Rank: 93

AHLT

AHLT Risk / Return Rank: 88
AHLT Sharpe Ratio Rank: 88
AHLT Sortino Ratio Rank: 83
AHLT Omega Ratio Rank: 86
AHLT Calmar Ratio Rank: 95
AHLT Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WTMF vs. AHLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) and American Beacon AHL Trend ETF (AHLT). 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.

	WTMF	AHLT	Difference
Sharpe ratio: Return per unit of total volatility	1.94	2.10	-0.17
Sortino ratio: Return per unit of downside risk	2.65	2.70	-0.06
Omega ratio: Gain probability vs. loss probability	1.37	1.38	-0.01
Calmar ratio: Return relative to maximum drawdown	4.38	5.40	-1.02
Martin ratio: Return relative to average drawdown	16.87	12.73	+4.14

WTMF vs. AHLT - Sharpe Ratio Comparison

The current WTMF Sharpe Ratio is 1.94, which is comparable to the AHLT Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of WTMF and AHLT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WTMF vs. AHLT - Drawdown Comparison

The maximum WTMF drawdown since its inception was -30.79%, which is greater than AHLT's maximum drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for WTMF and AHLT.

Drawdown Indicators

	WTMF	AHLT	Difference
Max Drawdown Largest peak-to-trough decline	-30.79%	-20.18%	-10.61%
Max Drawdown (1Y) Largest decline over 1 year	-4.04%	-6.63%	+2.59%
Max Drawdown (3Y) Largest decline over 3 years	-9.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-14.83%	—	—
Current Drawdown Current decline from peak	-0.87%	-2.74%	+1.87%
Average Drawdown Average peak-to-trough decline	-17.53%	-9.05%	-8.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	2.81%	-1.76%

Volatility

WTMF vs. AHLT - Volatility Comparison

The current volatility for WisdomTree Managed Futures Strategy Fund (WTMF) is 2.19%, while American Beacon AHL Trend ETF (AHLT) has a volatility of 3.43%. This indicates that WTMF experiences smaller price fluctuations and is considered to be less risky than AHLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTMF	AHLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.19%	3.43%	-1.24%
Volatility (6M) Calculated over the trailing 6-month period	7.17%	11.23%	-4.06%
Volatility (1Y) Calculated over the trailing 1-year period	9.13%	17.07%	-7.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.37%	17.22%	-7.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.12%	17.22%	-9.10%

WTMF vs. AHLT - Expense Ratio Comparison

WTMF has a 0.65% expense ratio, which is lower than AHLT's 0.95% expense ratio.

Dividends

WTMF vs. AHLT - Dividend Comparison

WTMF's dividend yield for the trailing twelve months is around 2.82%, more than AHLT's 1.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AHLT American Beacon AHL Trend ETF	1.54%	1.70%	0.00%	3.72%	0.00%	0.00%	0.00%	0.00%	0.00%
WTMF WisdomTree Managed Futures Strategy Fund	2.82%	3.04%	3.57%	4.74%	5.29%	14.71%	0.47%	1.63%	3.59%

Frequently Asked Questions

Can I hold both WTMF and AHLT in my portfolio?

WTMF and AHLT have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTMF or AHLT?

AHLT has higher volatility (3.43%) compared to WTMF (2.19%). In terms of maximum drawdown, WTMF dropped -30.79% vs AHLT's -20.18%.

Which ETF is better, WTMF or AHLT?

On 1-year performance, AHLT leads with 37.31% vs 18.77% for WTMF. On fees, WTMF is cheaper at 0.65% per year. On volatility, WTMF has been the lower-risk option at 2.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTMF or AHLT?

Over the 1-year period, AHLT has performed better with a 37.31% return vs 18.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTMF or AHLT?

WTMF is cheaper with a 0.65% expense ratio, compared with 0.95% for AHLT.

Which ETF pays a higher dividend yield, WTMF or AHLT?

WTMF has the higher dividend yield at 2.82%, compared with 1.54% for AHLT.

What is the main difference between WTMF and AHLT?

They also come from different issuers: WisdomTree and American Beacon. Their fees differ too: 0.65% for WTMF and 0.95% for AHLT.

Which has better risk-adjusted returns?

AHLT currently has the higher Sharpe Ratio (2.10 vs 1.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.