WTMF vs. BTAL
WTMF (WisdomTree Managed Futures Strategy Fund) and BTAL (AGFiQ US Market Neutral Anti-Beta Fund) are both exchange-traded funds - WTMF is a Hedge Fund fund tracking the WisdomTree Managed Futures Index, while BTAL is a Long-Short fund tracking the Dow Jones U.S. Thematic Market Neutral Anti-Beta Total Return Index. Both are passively managed. Over the past 10 years, WTMF returned 3.15%/yr vs -5.05%/yr for BTAL. At a correlation of -0.11, they often move in opposite directions. WTMF charges 0.65%/yr vs 2.11%/yr for BTAL.
Performance
WTMF vs. BTAL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WTMF achieves a 7.65% return, which is significantly higher than BTAL's -20.15% return. Over the past 10 years, WTMF has outperformed BTAL with an annualized return of 3.15%, while BTAL has yielded a comparatively lower -5.05% annualized return.
WTMF
- 1D
- 0.59%
- 1M
- -0.91%
- YTD
- 7.65%
- 6M
- 7.62%
- 1Y
- 20.55%
- 3Y*
- 9.45%
- 5Y*
- 6.05%
- 10Y*
- 3.15%
BTAL
- 1D
- -0.09%
- 1M
- -4.17%
- YTD
- -20.15%
- 6M
- -19.27%
- 1Y
- -37.44%
- 3Y*
- -12.17%
- 5Y*
- -4.94%
- 10Y*
- -5.05%
WTMF vs. BTAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTMF WisdomTree Managed Futures Strategy Fund | 7.65% | 12.17% | 3.20% | 16.72% | -6.52% | 9.48% | 0.48% | -2.75% | 0.24% | -3.40% |
BTAL AGFiQ US Market Neutral Anti-Beta Fund | -20.15% | -20.17% | 12.83% | -15.11% | 20.48% | -6.81% | -13.86% | 1.07% | 15.13% | -2.13% |
Correlation
The correlation between WTMF and BTAL is -0.44, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2011 | -0.11 |
Over the past year, the inverse relationship between WTMF and BTAL has strengthened: their correlation has moved from -0.11 to -0.44, meaning they now move in opposite directions more often than their long-term average.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WTMF vs. BTAL — Risk / Return Rank
WTMF
BTAL
WTMF vs. BTAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) and AGFiQ US Market Neutral Anti-Beta Fund (BTAL). 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 | BTAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.92 | ||
| Sortino ratioReturn per unit of downside risk | +5.67 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 0.73 | +0.70 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | -0.98 | +6.03 |
| Martin ratioReturn relative to average drawdown | 21.53 | -1.64 | +23.17 |
Loading charts...
Drawdowns
WTMF vs. BTAL - Drawdown Comparison
The maximum WTMF drawdown since its inception was -30.79%, smaller than the maximum BTAL drawdown of -50.28%. Use the drawdown chart below to compare losses from any high point for WTMF and BTAL.
Loading charts...
Drawdown Indicators
| WTMF | BTAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.79% | -50.28% | +19.49% |
Max Drawdown (1Y)Largest decline over 1 year | -4.04% | -37.50% | +33.46% |
Max Drawdown (3Y)Largest decline over 3 years | -9.93% | -45.16% | +35.23% |
Max Drawdown (5Y)Largest decline over 5 years | -13.21% | -45.16% | +31.95% |
Max Drawdown (10Y)Largest decline over 10 years | -15.62% | -50.28% | +34.66% |
Current DrawdownCurrent decline from peak | -0.91% | -50.23% | +49.32% |
Average DrawdownAverage peak-to-trough decline | -17.67% | -22.01% | +4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 22.38% | -21.44% |
Volatility
WTMF vs. BTAL - Volatility Comparison
The current volatility for WisdomTree Managed Futures Strategy Fund (WTMF) is 2.76%, while AGFiQ US Market Neutral Anti-Beta Fund (BTAL) has a volatility of 8.74%. This indicates that WTMF experiences smaller price fluctuations and is considered to be less risky than BTAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WTMF | BTAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 8.74% | -5.98% |
Volatility (6M)Calculated over the trailing 6-month period | 7.21% | 16.58% | -9.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.93% | 22.49% | -13.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.51% | 18.96% | -9.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.10% | 17.33% | -9.23% |
WTMF vs. BTAL - Expense Ratio Comparison
WTMF has a 0.65% expense ratio, which is lower than BTAL's 2.11% expense ratio.
Dividends
WTMF vs. BTAL - Dividend Comparison
WTMF's dividend yield for the trailing twelve months is around 2.83%, less than BTAL's 3.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BTAL AGFiQ US Market Neutral Anti-Beta Fund | 3.11% | 2.49% | 3.49% | 6.14% | 1.01% | 0.00% | 0.00% | 0.88% | 0.39% |
WTMF WisdomTree Managed Futures Strategy Fund | 2.83% | 3.04% | 3.57% | 4.74% | 5.29% | 14.71% | 0.47% | 1.63% | 3.59% |
Frequently Asked Questions
WTMF and BTAL have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTAL has higher volatility (8.74%) compared to WTMF (2.76%). In terms of maximum drawdown, WTMF dropped -30.79% vs BTAL's -50.28%.
On 10-year performance, WTMF leads with 3.15% vs -5.05% for BTAL. On fees, WTMF is cheaper at 0.65% per year. On volatility, WTMF has been the lower-risk option at 2.76%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, WTMF has performed better with a 3.15% return vs -5.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WTMF is cheaper with a 0.65% expense ratio, compared with 2.11% for BTAL.
BTAL has the higher dividend yield at 3.11%, compared with 2.83% for WTMF.
WTMF is categorized as Hedge Fund, while BTAL is Long-Short. WTMF tracks WisdomTree Managed Futures Index, while BTAL tracks Dow Jones U.S. Thematic Market Neutral Anti-Beta Total Return Index. They also come from different issuers: WisdomTree and AGF. Their fees differ too: 0.65% for WTMF and 2.11% for BTAL.
WTMF currently has the higher Sharpe Ratio (2.28 vs -1.64), 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.
Find the right allocation for WTMF and BTAL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer