WTMF vs. SDMF

Last updated Aug 2, 2026

WTMF (WisdomTree Managed Futures Strategy Fund) and SDMF (Simplify DBi CTA Managed Futures Index ETF) are both Systematic Trend funds - WTMF tracks the WisdomTree Managed Futures Index while SDMF tracks the DBi CTA Managed Futures Index. Both are passively managed. Their 0.41 correlation means their historical movements had little consistent relationship. WTMF charges 0.65%/yr vs 0.35%/yr for SDMF.

Performance

WTMF vs. SDMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Managed Futures Strategy Fund (WTMF) and Simplify DBi CTA Managed Futures Index ETF (SDMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WTMF

• 1D: -0.05%
• 1M: 0.96%
• 6M: 8.70%
• YTD: 8.10%
• 1Y: 18.77%
• 3Y*: 9.32%
• 5Y*: 6.09%
• 10Y*: 3.47%
• ALL TIME*: 1.16%

SDMF

• 1D: 1.66%
• 1M: 3.21%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SDMF Simplify DBi CTA Managed Futures Index ETF	$589.61K	$841.42K	$693.99K
WTMF WisdomTree Managed Futures Strategy Fund	$1.17M	$1.17M	$1.11M

WTMF vs. SDMF - Yearly Performance Comparison

	2026 (YTD)
WTMF WisdomTree Managed Futures Strategy Fund	6.23%
SDMF Simplify DBi CTA Managed Futures Index ETF	3.49%

Correlation

The correlation between WTMF and SDMF is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.41

Return for Risk

WTMF vs. SDMF — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WTMF

WTMF Risk / Return Rank: 87
WTMF Sharpe Ratio Rank: 84
WTMF Sortino Ratio Rank: 82
WTMF Omega Ratio Rank: 85
WTMF Calmar Ratio Rank: 93
WTMF Martin Ratio Rank: 93

SDMF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WTMF vs. SDMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) and Simplify DBi CTA Managed Futures Index ETF (SDMF). 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	SDMF	Difference
Sharpe ratio: Return per unit of total volatility	1.94	—	—
Sortino ratio: Return per unit of downside risk	2.65	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	4.38	—	—
Martin ratio: Return relative to average drawdown	16.87	—	—

Drawdowns

WTMF vs. SDMF - Drawdown Comparison

The maximum WTMF drawdown since its inception was -30.79%, which is greater than SDMF's maximum drawdown of -6.23%. Use the drawdown chart below to compare losses from any high point for WTMF and SDMF.

Drawdown Indicators

	WTMF	SDMF	Difference
Max Drawdown Largest peak-to-trough decline	-30.79%	-6.23%	-24.56%
Max Drawdown (1Y) Largest decline over 1 year	-4.04%	—	—
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 Drawdown Current decline from peak	-0.87%	-0.31%	-0.56%
Average Drawdown Average peak-to-trough decline	-17.53%	-2.01%	-15.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	—	—

Volatility

Volatility by Period

	WTMF	SDMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.13%	12.51%	-3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.37%	12.51%	-3.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.12%	12.51%	-4.39%

WTMF vs. SDMF - Expense Ratio Comparison

WTMF has a 0.65% expense ratio, which is higher than SDMF's 0.35% expense ratio.

Dividends

WTMF vs. SDMF - Dividend Comparison

WTMF's dividend yield for the trailing twelve months is around 2.82%, more than SDMF's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SDMF Simplify DBi CTA Managed Futures Index ETF	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTMF WisdomTree Managed Futures Strategy Fund	2.82%	3.04%	3.57%	4.74%	5.29%	14.71%	0.47%	1.63%	3.59%

Frequently Asked Questions

Can I hold both WTMF and SDMF in my portfolio?

WTMF and SDMF have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTMF or SDMF?

On fees, SDMF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTMF or SDMF?

SDMF is cheaper with a 0.35% expense ratio, compared with 0.65% for WTMF.

Which ETF pays a higher dividend yield, WTMF or SDMF?

WTMF has the higher dividend yield at 2.82%, compared with 0.38% for SDMF.

What is the main difference between WTMF and SDMF?

WTMF tracks WisdomTree Managed Futures Index, while SDMF tracks DBi CTA Managed Futures Index. They also come from different issuers: WisdomTree and Simplify. Their fees differ too: 0.65% for WTMF and 0.35% for SDMF.