WTMF vs. HOLA

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Managed Futures Strategy Fund (WTMF) and JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA).

WTMF and HOLA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTMF is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Managed Futures Index. It was launched on Jan 5, 2011. HOLA is an actively managed fund by JPMorgan. It was launched on Mar 15, 2019.

Performance

WTMF vs. HOLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Managed Futures Strategy Fund (WTMF) and JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA). The values are adjusted to include any dividend payments, if applicable.

WTMF vs. HOLA - Yearly Performance Comparison

	2026 (YTD)	2025
WTMF WisdomTree Managed Futures Strategy Fund	4.38%	9.48%
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	0.69%	7.55%

Returns By Period

In the year-to-date period, WTMF achieves a 4.38% return, which is significantly higher than HOLA's 0.69% return.

WTMF

• 1D: 0.93%
• 1M: 0.14%
• YTD: 4.38%
• 6M: 7.96%
• 1Y: 19.83%
• 3Y*: 9.85%
• 5Y*: 6.55%
• 10Y*: 3.04%

HOLA

• 1D: 2.16%
• 1M: -4.36%
• YTD: 0.69%
• 6M: 5.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTMF vs. HOLA - Expense Ratio Comparison

WTMF has a 0.65% expense ratio, which is higher than HOLA's 0.50% expense ratio.

WTMF

WisdomTree Managed Futures Strategy Fund

HOLA

JPMorgan International Hedged Equity Laddered Overlay ETF

Return for Risk

WTMF vs. HOLA — Risk / Return Rank

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

WTMF

WTMF Risk / Return Rank: 94
WTMF Sharpe Ratio Rank: 92
WTMF Sortino Ratio Rank: 94
WTMF Omega Ratio Rank: 92
WTMF Calmar Ratio Rank: 97
WTMF Martin Ratio Rank: 96

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.

WTMF vs. HOLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) and JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA). 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.

	WTMF	HOLA	Difference
Sharpe ratio Return per unit of total volatility	2.10	—	—
Sortino ratio Return per unit of downside risk	2.87	—	—
Omega ratio Gain probability vs. loss probability	1.39	—	—
Calmar ratio Return relative to maximum drawdown	4.66	—	—
Martin ratio Return relative to average drawdown	17.86	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WTMF	HOLA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	1.27	-1.15

Correlation

The correlation between WTMF and HOLA is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

WTMF vs. HOLA - Dividend Comparison

WTMF's dividend yield for the trailing twelve months is around 2.92%, less than HOLA's 3.00% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
WTMF WisdomTree Managed Futures Strategy Fund	2.92%	3.04%	3.57%	4.74%	5.29%	14.71%	0.47%	1.63%	3.59%
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	3.00%	3.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

WTMF vs. HOLA - Drawdown Comparison

The maximum WTMF drawdown since its inception was -30.79%, which is greater than HOLA's maximum drawdown of -6.99%. Use the drawdown chart below to compare losses from any high point for WTMF and HOLA.

Drawdown Indicators

	WTMF	HOLA	Difference
Max Drawdown Largest peak-to-trough decline	-30.79%	-6.99%	-23.80%
Max Drawdown (1Y) Largest decline over 1 year	-4.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-15.99%	—	—
Current Drawdown Current decline from peak	-1.25%	-4.95%	+3.70%
Average Drawdown Average peak-to-trough decline	-17.91%	-1.17%	-16.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	—	—

Volatility

Volatility by Period

	WTMF	HOLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.49%	9.31%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.59%	9.31%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.10%	9.31%	-1.21%