WTMF vs. VNQ

Last updated Jun 4, 2026

WTMF (WisdomTree Managed Futures Strategy Fund) and VNQ (Vanguard Real Estate ETF) are both exchange-traded funds - WTMF is a Hedge Fund fund tracking the WisdomTree Managed Futures Index, while VNQ is a REIT fund tracking the MSCI US Investable Market Real Estate 25/50 Index. Both are passively managed. Over the past 10 years, WTMF returned 3.26%/yr vs 5.21%/yr for VNQ. At a 0.06 correlation, their price movements are largely independent. WTMF charges 0.65%/yr vs 0.13%/yr for VNQ.

Performance

WTMF vs. VNQ - Performance Comparison

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

Returns By Period

In the year-to-date period, WTMF achieves a 8.50% return, which is significantly higher than VNQ's 7.83% return. Over the past 10 years, WTMF has underperformed VNQ with an annualized return of 3.26%, while VNQ has yielded a comparatively higher 5.21% annualized return.

WTMF

• 1D: -0.02%
• 1M: 1.05%
• YTD: 8.50%
• 6M: 8.44%
• 1Y: 22.55%
• 3Y*: 9.77%
• 5Y*: 6.17%
• 10Y*: 3.26%

VNQ

• 1D: -0.12%
• 1M: -1.10%
• YTD: 7.83%
• 6M: 6.75%
• 1Y: 9.97%
• 3Y*: 9.15%
• 5Y*: 2.18%
• 10Y*: 5.21%

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

WTMF vs. VNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTMF WisdomTree Managed Futures Strategy Fund	8.50%	12.17%	3.20%	16.72%	-6.52%	9.48%	0.48%	-2.75%	0.24%	-3.40%
VNQ Vanguard Real Estate ETF	7.83%	3.24%	4.81%	11.85%	-26.25%	40.54%	-4.61%	28.91%	-6.03%	4.90%

Correlation

The correlation between WTMF and VNQ is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jan 6, 2011	0.06

The correlation between WTMF and VNQ shifts across timeframes, from 0.06 (all time) to 0.26 (3 years), reflecting how their relationship changes across market environments.

WTMF vs. VNQ - Sectors Allocation Comparison

Sectors	WTMF	VNQ
Industrials	17.7%	0.0%
Technology	17.0%	0.3%
Healthcare	16.5%	-
Financial Services	15.8%	0.1%
Consumer Cyclical	8.4%	-
Real Estate	6.1%	97.3%
Energy	6.1%	0.1%
Basic Materials	4.8%	1.1%
Utilities	2.9%	-
Communication Services	2.4%	0.6%
Consumer Defensive	2.4%	-

Return for Risk

WTMF vs. VNQ — Risk / Return Rank

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

WTMF

WTMF Risk / Return Rank: 85
WTMF Sharpe Ratio Rank: 80
WTMF Sortino Ratio Rank: 79
WTMF Omega Ratio Rank: 83
WTMF Calmar Ratio Rank: 90
WTMF Martin Ratio Rank: 93

VNQ

VNQ Risk / Return Rank: 23
VNQ Sharpe Ratio Rank: 22
VNQ Sortino Ratio Rank: 21
VNQ Omega Ratio Rank: 20
VNQ Calmar Ratio Rank: 25
VNQ Martin Ratio Rank: 27

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. VNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) and Vanguard Real Estate ETF (VNQ). 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	VNQ	Difference
Sharpe ratio: Return per unit of total volatility	2.62	0.76	+1.86
Sortino ratio: Return per unit of downside risk	3.60	1.12	+2.49
Omega ratio: Gain probability vs. loss probability	1.51	1.14	+0.37
Calmar ratio: Return relative to maximum drawdown	5.61	1.20	+4.41
Martin ratio: Return relative to average drawdown	25.08	3.78	+21.30
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. VNQ - Sharpe Ratio Comparison

The current WTMF Sharpe Ratio is 2.62, which is higher than the VNQ Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of WTMF and VNQ, 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	VNQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	0.76	+1.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.12	+0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.25	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.26	-0.11

Drawdowns

WTMF vs. VNQ - Drawdown Comparison

The maximum WTMF drawdown since its inception was -30.79%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for WTMF and VNQ.

Drawdown Indicators

	WTMF	VNQ	Difference
Max Drawdown Largest peak-to-trough decline	-30.79%	-73.07%	+42.28%
Max Drawdown (1Y) Largest decline over 1 year	-4.04%	-8.34%	+4.30%
Max Drawdown (3Y) Largest decline over 3 years	-9.93%	-17.46%	+7.53%
Max Drawdown (5Y) Largest decline over 5 years	-13.21%	-34.48%	+21.27%
Max Drawdown (10Y) Largest decline over 10 years	-15.99%	-42.40%	+26.41%
Current Drawdown Current decline from peak	-0.13%	-3.75%	+3.62%
Average Drawdown Average peak-to-trough decline	-17.71%	-13.63%	-4.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	2.64%	-1.74%

Volatility

WTMF vs. VNQ - Volatility Comparison

The current volatility for WisdomTree Managed Futures Strategy Fund (WTMF) is 1.61%, while Vanguard Real Estate ETF (VNQ) has a volatility of 3.72%. This indicates that WTMF experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTMF	VNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.61%	3.72%	-2.11%
Volatility (6M) Calculated over the trailing 6-month period	6.84%	9.26%	-2.42%
Volatility (1Y) Calculated over the trailing 1-year period	8.63%	13.16%	-4.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.46%	18.80%	-9.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.07%	20.70%	-12.63%

WTMF vs. VNQ - Expense Ratio Comparison

WTMF has a 0.65% expense ratio, which is higher than VNQ's 0.13% expense ratio.

Dividends

WTMF vs. VNQ - Dividend Comparison

WTMF's dividend yield for the trailing twelve months is around 2.80%, less than VNQ's 3.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VNQ Vanguard Real Estate ETF	3.69%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%
WTMF WisdomTree Managed Futures Strategy Fund	2.80%	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 VNQ in my portfolio?

WTMF and VNQ have a correlation of 0.19, 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 VNQ?

VNQ has higher volatility (3.72%) compared to WTMF (1.61%). In terms of maximum drawdown, WTMF dropped -30.79% vs VNQ's -73.07%.

Which ETF is better, WTMF or VNQ?

On 10-year performance, VNQ leads with 5.21% vs 3.26% for WTMF. On fees, VNQ is cheaper at 0.13% per year. On volatility, WTMF has been the lower-risk option at 1.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTMF or VNQ?

Over the 10-year period, VNQ has performed better with a 5.21% return vs 3.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTMF or VNQ?

VNQ is cheaper with a 0.13% expense ratio, compared with 0.65% for WTMF.

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

VNQ has the higher dividend yield at 3.69%, compared with 2.80% for WTMF.

What is the main difference between WTMF and VNQ?

WTMF is categorized as Hedge Fund, while VNQ is REIT. WTMF tracks WisdomTree Managed Futures Index, while VNQ tracks MSCI US Investable Market Real Estate 25/50 Index. They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.65% for WTMF and 0.13% for VNQ.

Which has better risk-adjusted returns?

WTMF currently has the higher Sharpe Ratio (2.62 vs 0.76), 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.