WTMF vs. HOLA
WTMF (WisdomTree Managed Futures Strategy Fund) and HOLA (JPMorgan International Hedged Equity Laddered Overlay ETF) are both exchange-traded funds - WTMF is a Hedge Fund fund tracking the WisdomTree Managed Futures Index, while HOLA is a Equity Hedged fund actively managed by JPMorgan. WTMF is passively managed, while HOLA is actively managed. Over the past year, WTMF returned 17.66% vs 13.44% for HOLA. At a 0.47 correlation, their price movements are largely independent. WTMF charges 0.65%/yr vs 0.50%/yr for HOLA.
Performance
WTMF vs. HOLA - Performance Comparison
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Returns By Period
In the year-to-date period, WTMF achieves a 7.55% return, which is significantly higher than HOLA's 5.43% return.
WTMF
- 1D
- -0.39%
- 1M
- -0.10%
- 6M
- 4.79%
- YTD
- 7.55%
- 1Y
- 17.66%
- 3Y*
- 9.51%
- 5Y*
- 6.15%
- 10Y*
- 3.31%
HOLA
- 1D
- -0.64%
- 1M
- 0.73%
- 6M
- 2.01%
- YTD
- 5.43%
- 1Y
- 13.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WTMF vs. HOLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WTMF WisdomTree Managed Futures Strategy Fund | 7.55% | 9.40% |
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF | 5.43% | 7.60% |
Correlation
The correlation between WTMF and HOLA is 0.47, 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 Jul 14, 2025 | 0.47 |
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Return for Risk
WTMF vs. HOLA — Risk / Return Rank
WTMF
HOLA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
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 | HOLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.37 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.40 | — | — |
| Martin ratioReturn relative to average drawdown | 17.37 | — | — |
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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.
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Drawdown Indicators
| WTMF | HOLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.79% | -6.99% | -23.80% |
Max Drawdown (1Y)Largest decline over 1 year | -4.04% | -6.99% | +2.95% |
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 DrawdownCurrent decline from peak | -1.37% | -1.41% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -17.59% | -1.41% | -16.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | — | — |
Volatility
WTMF vs. HOLA - Volatility Comparison
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Volatility by Period
| WTMF | HOLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.24% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.10% | 9.96% | -0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.49% | 9.96% | -0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.11% | 9.96% | -1.85% |
WTMF vs. HOLA - Expense Ratio Comparison
WTMF has a 0.65% expense ratio, which is higher than HOLA's 0.50% expense ratio.
Dividends
WTMF vs. HOLA - Dividend Comparison
WTMF's dividend yield for the trailing twelve months is around 2.83%, less than HOLA's 2.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF | 2.87% | 3.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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 HOLA have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, WTMF leads with 17.66% vs 13.44% for HOLA. On fees, HOLA is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, WTMF has performed better with a 17.66% return vs 13.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HOLA is cheaper with a 0.50% expense ratio, compared with 0.65% for WTMF.
HOLA has the higher dividend yield at 2.87%, compared with 2.83% for WTMF.
WTMF is categorized as Hedge Fund, while HOLA is Equity Hedged. They also come from different issuers: WisdomTree and JPMorgan. Their fees differ too: 0.65% for WTMF and 0.50% for HOLA.
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