WTMF vs. VWCE.DE
WTMF (WisdomTree Managed Futures Strategy Fund) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both exchange-traded funds - WTMF is a Hedge Fund fund tracking the WisdomTree Managed Futures Index, while VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, WTMF returned 6.05%/yr vs 10.87%/yr for VWCE.DE. At a 0.24 correlation, their price movements are largely independent. WTMF charges 0.65%/yr vs 0.19%/yr for VWCE.DE.
Performance
WTMF vs. VWCE.DE - Performance Comparison
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Different Trading Currencies
WTMF is traded in USD, while VWCE.DE is traded in EUR. To make them comparable, the VWCE.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, WTMF achieves a 7.65% return, which is significantly lower than VWCE.DE's 10.00% return.
WTMF
- 1D
- 0.59%
- 1M
- -0.91%
- YTD
- 7.65%
- 6M
- 7.62%
- 1Y
- 20.55%
- 3Y*
- 9.45%
- 5Y*
- 6.05%
- 10Y*
- 3.15%
VWCE.DE
- 1D
- 1.71%
- 1M
- 0.00%
- YTD
- 10.00%
- 6M
- 11.71%
- 1Y
- 26.52%
- 3Y*
- 19.75%
- 5Y*
- 10.87%
- 10Y*
- —
WTMF vs. VWCE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WTMF WisdomTree Managed Futures Strategy Fund | 7.65% | 12.17% | 3.20% | 16.72% | -6.52% | 9.48% | 0.48% | -0.09% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 10.00% | 23.23% | 17.30% | 21.91% | -18.24% | 18.47% | 15.65% | 7.58% |
Correlation
The correlation between WTMF and VWCE.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2019 | 0.24 |
Over the past year, WTMF and VWCE.DE have become more correlated (0.49) than their long-term average of 0.24, meaning their price movements have been converging.
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Return for Risk
WTMF vs. VWCE.DE — Risk / Return Rank
WTMF
VWCE.DE
WTMF vs. VWCE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Managed Futures Strategy Fund (WTMF) and Vanguard FTSE All-World UCITS ETF (VWCE.DE). 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 | VWCE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.36 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | 2.86 | +2.19 |
| Martin ratioReturn relative to average drawdown | 21.53 | 11.93 | +9.60 |
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Drawdowns
WTMF vs. VWCE.DE - Drawdown Comparison
The maximum WTMF drawdown since its inception was -30.79%, smaller than the maximum VWCE.DE drawdown of -33.91%. Use the drawdown chart below to compare losses from any high point for WTMF and VWCE.DE.
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Drawdown Indicators
| WTMF | VWCE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.79% | -33.91% | +3.12% |
Max Drawdown (1Y)Largest decline over 1 year | -4.04% | -8.91% | +4.87% |
Max Drawdown (3Y)Largest decline over 3 years | -9.93% | -17.27% | +7.34% |
Max Drawdown (5Y)Largest decline over 5 years | -13.21% | -26.11% | +12.90% |
Max Drawdown (10Y)Largest decline over 10 years | -15.62% | — | — |
Current DrawdownCurrent decline from peak | -0.91% | -2.01% | +1.10% |
Average DrawdownAverage peak-to-trough decline | -17.67% | -5.43% | -12.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 2.14% | -1.20% |
Volatility
WTMF vs. VWCE.DE - Volatility Comparison
The current volatility for WisdomTree Managed Futures Strategy Fund (WTMF) is 2.76%, while Vanguard FTSE All-World UCITS ETF (VWCE.DE) has a volatility of 3.93%. This indicates that WTMF experiences smaller price fluctuations and is considered to be less risky than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTMF | VWCE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 3.93% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 7.21% | 9.70% | -2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.93% | 12.46% | -3.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.51% | 15.33% | -5.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.10% | 17.33% | -9.23% |
WTMF vs. VWCE.DE - Expense Ratio Comparison
WTMF has a 0.65% expense ratio, which is higher than VWCE.DE's 0.19% expense ratio.
Dividends
WTMF vs. VWCE.DE - Dividend Comparison
WTMF's dividend yield for the trailing twelve months is around 2.83%, while VWCE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
VWCE.DE Vanguard FTSE All-World UCITS ETF | 0.00% | 0.00% | 0.00% | 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
WTMF and VWCE.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.65% for WTMF.
WTMF is categorized as Hedge Fund, while VWCE.DE is Global Equities. WTMF tracks WisdomTree Managed Futures Index, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.65% for WTMF and 0.19% for VWCE.DE.
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