WTMF vs. KMLM
Compare and contrast key facts about WisdomTree Managed Futures Strategy Fund (WTMF) and KFA Mount Lucas Index Strategy ETF (KMLM).
WTMF and KMLM 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. KMLM is an actively managed fund by CICC. It was launched on Dec 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTMF or KMLM.
Correlation
The correlation between WTMF and KMLM is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WTMF vs. KMLM - Performance Comparison
Key characteristics
WTMF:
0.39
KMLM:
-0.11
WTMF:
0.65
KMLM:
-0.08
WTMF:
1.08
KMLM:
0.99
WTMF:
0.33
KMLM:
-0.05
WTMF:
1.08
KMLM:
-0.17
WTMF:
3.50%
KMLM:
6.83%
WTMF:
9.79%
KMLM:
10.45%
WTMF:
-30.78%
KMLM:
-25.77%
WTMF:
-7.36%
KMLM:
-23.31%
Returns By Period
The year-to-date returns for both investments are quite close, with WTMF having a 0.31% return and KMLM slightly higher at 0.32%.
WTMF
0.31%
-1.61%
-1.42%
3.87%
4.60%
1.10%
KMLM
0.32%
1.22%
-5.23%
-1.62%
N/A
N/A
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WTMF vs. KMLM - Expense Ratio Comparison
WTMF has a 0.65% expense ratio, which is lower than KMLM's 0.90% expense ratio.
Risk-Adjusted Performance
WTMF vs. KMLM — Risk-Adjusted Performance Rank
WTMF
KMLM
WTMF vs. KMLM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) and KFA Mount Lucas Index Strategy ETF (KMLM). 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.
Dividends
WTMF vs. KMLM - Dividend Comparison
WTMF's dividend yield for the trailing twelve months is around 3.56%, more than KMLM's 0.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
WTMF WisdomTree Managed Futures Strategy Fund | 3.56% | 3.57% | 4.74% | 5.29% | 14.71% | 0.47% | 1.63% | 3.59% |
KMLM KFA Mount Lucas Index Strategy ETF | 0.82% | 0.82% | 0.00% | 8.12% | 6.94% | 0.00% | 0.00% | 0.00% |
Drawdowns
WTMF vs. KMLM - Drawdown Comparison
The maximum WTMF drawdown since its inception was -30.78%, which is greater than KMLM's maximum drawdown of -25.77%. Use the drawdown chart below to compare losses from any high point for WTMF and KMLM. For additional features, visit the drawdowns tool.
Volatility
WTMF vs. KMLM - Volatility Comparison
The current volatility for WisdomTree Managed Futures Strategy Fund (WTMF) is 2.46%, while KFA Mount Lucas Index Strategy ETF (KMLM) has a volatility of 3.37%. This indicates that WTMF experiences smaller price fluctuations and is considered to be less risky than KMLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.