WTMF vs. SHUS

Last updated Jun 24, 2026

WTMF (WisdomTree Managed Futures Strategy Fund) and SHUS (Syntax Stratified U.S. Total Market Hedged ETF) are both Hedge Fund funds. WTMF is passively managed, while SHUS is actively managed. Over the past year, WTMF returned 20.66% vs 16.83% for SHUS. At a 0.45 correlation, their price movements are largely independent. Both charge a 0.65% expense ratio.

Performance

WTMF vs. SHUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Managed Futures Strategy Fund (WTMF) and Syntax Stratified U.S. Total Market Hedged ETF (SHUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTMF achieves a 7.35% return, which is significantly lower than SHUS's 8.73% return.

WTMF

• 1D: -1.56%
• 1M: -0.67%
• YTD: 7.35%
• 6M: 6.60%
• 1Y: 20.66%
• 3Y*: 9.95%
• 5Y*: 6.12%
• 10Y*: 3.17%

SHUS

• 1D: 0.13%
• 1M: 0.74%
• YTD: 8.73%
• 6M: 8.13%
• 1Y: 16.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTMF vs. SHUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WTMF WisdomTree Managed Futures Strategy Fund	7.35%	12.17%	1.62%
SHUS Syntax Stratified U.S. Total Market Hedged ETF	8.73%	10.89%	-2.65%

Correlation

The correlation between WTMF and SHUS is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Sep 30, 2024	0.45

The correlation between WTMF and SHUS has been stable across timeframes, ranging from 0.45 to 0.50 - a consistent structural relationship.

Return for Risk

WTMF vs. SHUS — 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: 73
WTMF Omega Ratio Rank: 79
WTMF Calmar Ratio Rank: 89
WTMF Martin Ratio Rank: 92

SHUS

SHUS Risk / Return Rank: 53
SHUS Sharpe Ratio Rank: 52
SHUS Sortino Ratio Rank: 55
SHUS Omega Ratio Rank: 50
SHUS Calmar Ratio Rank: 53
SHUS Martin Ratio Rank: 54

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. SHUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) and Syntax Stratified U.S. Total Market Hedged ETF (SHUS). 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	SHUS	Difference
Sharpe ratio: Return per unit of total volatility	2.30	1.66	+0.63
Sortino ratio: Return per unit of downside risk	3.09	2.44	+0.65
Omega ratio: Gain probability vs. loss probability	1.44	1.29	+0.15
Calmar ratio: Return relative to maximum drawdown	5.14	2.43	+2.71
Martin ratio: Return relative to average drawdown	21.97	8.63	+13.35

WTMF vs. SHUS - Sharpe Ratio Comparison

The current WTMF Sharpe Ratio is 2.30, which is higher than the SHUS Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of WTMF and SHUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WTMF vs. SHUS - Drawdown Comparison

The maximum WTMF drawdown since its inception was -30.79%, which is greater than SHUS's maximum drawdown of -14.09%. Use the drawdown chart below to compare losses from any high point for WTMF and SHUS.

Drawdown Indicators

	WTMF	SHUS	Difference
Max Drawdown Largest peak-to-trough decline	-30.79%	-14.09%	-16.70%
Max Drawdown (1Y) Largest decline over 1 year	-4.04%	-6.95%	+2.91%
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	-15.26%	—	—
Current Drawdown Current decline from peak	-1.56%	-1.33%	-0.23%
Average Drawdown Average peak-to-trough decline	-17.65%	-2.59%	-15.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.94%	1.96%	-1.02%

Volatility

WTMF vs. SHUS - Volatility Comparison

WisdomTree Managed Futures Strategy Fund (WTMF) and Syntax Stratified U.S. Total Market Hedged ETF (SHUS) have volatilities of 3.11% and 3.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTMF	SHUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	3.18%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	7.30%	7.37%	-0.07%
Volatility (1Y) Calculated over the trailing 1-year period	9.04%	10.17%	-1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.53%	12.60%	-3.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.11%	12.60%	-4.49%

WTMF vs. SHUS - Expense Ratio Comparison

Both WTMF and SHUS have an expense ratio of 0.65%.

Dividends

WTMF vs. SHUS - Dividend Comparison

WTMF's dividend yield for the trailing twelve months is around 2.83%, more than SHUS's 1.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SHUS Syntax Stratified U.S. Total Market Hedged ETF	1.26%	1.37%	0.26%	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

Can I hold both WTMF and SHUS in my portfolio?

WTMF and SHUS have a correlation of 0.50, 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 SHUS?

SHUS has higher volatility (3.18%) compared to WTMF (3.11%). In terms of maximum drawdown, WTMF dropped -30.79% vs SHUS's -14.09%.

Which ETF is better, WTMF or SHUS?

On 1-year performance, WTMF leads with 20.66% vs 16.83% for SHUS. Both ETFs have the same 0.65% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTMF or SHUS?

Over the 1-year period, WTMF has performed better with a 20.66% return vs 16.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTMF or SHUS?

WTMF and SHUS have the same expense ratio: 0.65% per year.

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

WTMF has the higher dividend yield at 2.83%, compared with 1.26% for SHUS.

What is the main difference between WTMF and SHUS?

They also come from different issuers: WisdomTree and Syntax Advisors.

Which has better risk-adjusted returns?

WTMF currently has the higher Sharpe Ratio (2.30 vs 1.66), 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.