WTMF vs. PQTPX

Last updated Jun 9, 2026

WTMF (WisdomTree Managed Futures Strategy Fund) and PQTPX (PIMCO TRENDS Managed Futures Strategy Fund) are both funds - WTMF is a Hedge Fund fund tracking the WisdomTree Managed Futures Index, while PQTPX is a Systematic Trend fund managed by PIMCO. Over the past 10 years, WTMF returned 3.07%/yr vs 4.10%/yr for PQTPX. At a 0.33 correlation, their price movements are largely independent. WTMF charges 0.65%/yr vs 1.51%/yr for PQTPX.

Performance

WTMF vs. PQTPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Managed Futures Strategy Fund (WTMF) and PIMCO TRENDS Managed Futures Strategy Fund (PQTPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTMF achieves a 6.94% return, which is significantly higher than PQTPX's 4.99% return. Over the past 10 years, WTMF has underperformed PQTPX with an annualized return of 3.07%, while PQTPX has yielded a comparatively higher 4.10% annualized return.

WTMF

• 1D: 0.52%
• 1M: -0.47%
• YTD: 6.94%
• 6M: 6.94%
• 1Y: 19.47%
• 3Y*: 9.27%
• 5Y*: 5.92%
• 10Y*: 3.07%

PQTPX

• 1D: -0.89%
• 1M: 0.18%
• YTD: 4.99%
• 6M: 7.73%
• 1Y: 19.12%
• 3Y*: 0.09%
• 5Y*: 3.37%
• 10Y*: 4.10%

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

WTMF vs. PQTPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTMF WisdomTree Managed Futures Strategy Fund	6.94%	12.17%	3.20%	16.72%	-6.52%	9.48%	0.48%	-2.75%	0.24%	-3.40%
PQTPX PIMCO TRENDS Managed Futures Strategy Fund	4.99%	2.41%	-3.08%	-4.21%	11.37%	14.83%	9.72%	2.83%	2.30%	2.21%

Correlation

The correlation between WTMF and PQTPX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.33

Return for Risk

WTMF vs. PQTPX — Risk / Return Rank

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

WTMF

WTMF Risk / Return Rank: 82
WTMF Sharpe Ratio Rank: 76
WTMF Sortino Ratio Rank: 75
WTMF Omega Ratio Rank: 80
WTMF Calmar Ratio Rank: 89
WTMF Martin Ratio Rank: 92

PQTPX

PQTPX Risk / Return Rank: 68
PQTPX Sharpe Ratio Rank: 67
PQTPX Sortino Ratio Rank: 58
PQTPX Omega Ratio Rank: 64
PQTPX Calmar Ratio Rank: 88
PQTPX Martin Ratio Rank: 63

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. PQTPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) and PIMCO TRENDS Managed Futures Strategy Fund (PQTPX). 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	PQTPX	Difference
Sharpe ratio: Return per unit of total volatility	2.21	2.23	-0.02
Sortino ratio: Return per unit of downside risk	3.01	2.96	+0.05
Omega ratio: Gain probability vs. loss probability	1.43	1.41	+0.02
Calmar ratio: Return relative to maximum drawdown	4.85	4.08	+0.76
Martin ratio: Return relative to average drawdown	21.30	11.55	+9.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTMF vs. PQTPX - Sharpe Ratio Comparison

The current WTMF Sharpe Ratio is 2.21, which is comparable to the PQTPX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of WTMF and PQTPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WTMF	PQTPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	2.23	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.34	+0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.44	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.46	-0.32

Drawdowns

WTMF vs. PQTPX - Drawdown Comparison

The maximum WTMF drawdown since its inception was -30.79%, which is greater than PQTPX's maximum drawdown of -27.86%. Use the drawdown chart below to compare losses from any high point for WTMF and PQTPX.

Drawdown Indicators

	WTMF	PQTPX	Difference
Max Drawdown Largest peak-to-trough decline	-30.79%	-27.86%	-2.93%
Max Drawdown (1Y) Largest decline over 1 year	-4.04%	-4.66%	+0.62%
Max Drawdown (3Y) Largest decline over 3 years	-9.93%	-18.69%	+8.76%
Max Drawdown (5Y) Largest decline over 5 years	-13.21%	-27.86%	+14.65%
Max Drawdown (10Y) Largest decline over 10 years	-15.62%	-27.86%	+12.24%
Current Drawdown Current decline from peak	-1.56%	-12.38%	+10.82%
Average Drawdown Average peak-to-trough decline	-17.69%	-9.42%	-8.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	1.64%	-0.72%

Volatility

WTMF vs. PQTPX - Volatility Comparison

WisdomTree Managed Futures Strategy Fund (WTMF) has a higher volatility of 2.52% compared to PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) at 2.19%. This indicates that WTMF's price experiences larger fluctuations and is considered to be riskier than PQTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTMF	PQTPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.52%	2.19%	+0.33%
Volatility (6M) Calculated over the trailing 6-month period	7.10%	6.72%	+0.38%
Volatility (1Y) Calculated over the trailing 1-year period	8.85%	8.52%	+0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.49%	9.91%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.09%	9.38%	-1.29%

WTMF vs. PQTPX - Expense Ratio Comparison

WTMF has a 0.65% expense ratio, which is lower than PQTPX's 1.51% expense ratio.

Dividends

WTMF vs. PQTPX - Dividend Comparison

WTMF's dividend yield for the trailing twelve months is around 2.85%, while PQTPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PQTPX PIMCO TRENDS Managed Futures Strategy Fund	0.00%	0.00%	0.00%	0.00%	14.80%	2.40%	5.63%	2.49%	0.32%	0.20%	0.00%	7.57%
WTMF WisdomTree Managed Futures Strategy Fund	2.85%	3.04%	3.57%	4.74%	5.29%	14.71%	0.47%	1.63%	3.59%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTMF and PQTPX in my portfolio?

WTMF and PQTPX have a correlation of 0.33, 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 PQTPX?

WTMF has higher volatility (2.52%) compared to PQTPX (2.19%). In terms of maximum drawdown, WTMF dropped -30.79% vs PQTPX's -27.86%.

Which has better risk-adjusted returns?

PQTPX currently has the higher Sharpe Ratio (2.23 vs 2.21), 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.