WTMU vs. BOBP

Last updated Jun 25, 2026

WTMU (WisdomTree Core Laddered Municipal ETF) and BOBP (CORE16 Best of Breed Premier Index ETF) are both exchange-traded funds - WTMU is a Municipal Bonds fund actively managed by WisdomTree, while BOBP is a Large Cap Blend Equities fund tracking the CORE16 Best of Breed Premier Index. WTMU is actively managed, while BOBP is passively managed. Over the past year, WTMU returned 5.12% vs 32.04% for BOBP. At a 0.10 correlation, their price movements are largely independent. WTMU charges 0.25%/yr vs 0.70%/yr for BOBP.

Performance

WTMU vs. BOBP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Core Laddered Municipal ETF (WTMU) and CORE16 Best of Breed Premier Index ETF (BOBP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTMU achieves a 0.54% return, which is significantly lower than BOBP's 23.66% return.

WTMU

• 1D: -0.06%
• 1M: 1.12%
• YTD: 0.54%
• 6M: 0.72%
• 1Y: 5.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BOBP

• 1D: 0.16%
• 1M: 4.22%
• YTD: 23.66%
• 6M: 21.36%
• 1Y: 32.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTMU vs. BOBP - Yearly Performance Comparison

	2026 (YTD)	2025
WTMU WisdomTree Core Laddered Municipal ETF	0.54%	5.47%
BOBP CORE16 Best of Breed Premier Index ETF	23.66%	7.63%

Correlation

The correlation between WTMU and BOBP is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (All Time) Calculated using the full available price history since May 21, 2025	0.10

Return for Risk

WTMU vs. BOBP — Risk / Return Rank

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

WTMU

WTMU Risk / Return Rank: 68
WTMU Sharpe Ratio Rank: 83
WTMU Sortino Ratio Rank: 86
WTMU Omega Ratio Rank: 91
WTMU Calmar Ratio Rank: 43
WTMU Martin Ratio Rank: 37

BOBP

BOBP Risk / Return Rank: 55
BOBP Sharpe Ratio Rank: 52
BOBP Sortino Ratio Rank: 49
BOBP Omega Ratio Rank: 53
BOBP Calmar Ratio Rank: 57
BOBP Martin Ratio Rank: 67

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.

WTMU vs. BOBP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Laddered Municipal ETF (WTMU) and CORE16 Best of Breed Premier Index ETF (BOBP). 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.

	WTMU	BOBP	Difference
Sharpe ratio: Return per unit of total volatility	2.31	1.54	+0.77
Sortino ratio: Return per unit of downside risk	3.35	2.12	+1.24
Omega ratio: Gain probability vs. loss probability	1.50	1.29	+0.21
Calmar ratio: Return relative to maximum drawdown	1.89	2.46	-0.58
Martin ratio: Return relative to average drawdown	5.02	10.50	-5.48

WTMU vs. BOBP - Sharpe Ratio Comparison

The current WTMU Sharpe Ratio is 2.31, which is higher than the BOBP Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of WTMU and BOBP, 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

WTMU vs. BOBP - Drawdown Comparison

The maximum WTMU drawdown since its inception was -4.24%, smaller than the maximum BOBP drawdown of -13.06%. Use the drawdown chart below to compare losses from any high point for WTMU and BOBP.

Drawdown Indicators

	WTMU	BOBP	Difference
Max Drawdown Largest peak-to-trough decline	-4.24%	-13.06%	+8.82%
Max Drawdown (1Y) Largest decline over 1 year	-2.72%	-13.06%	+10.34%
Current Drawdown Current decline from peak	-1.42%	-4.38%	+2.96%
Average Drawdown Average peak-to-trough decline	-0.68%	-1.70%	+1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.02%	3.06%	-2.04%

Volatility

WTMU vs. BOBP - Volatility Comparison

The current volatility for WisdomTree Core Laddered Municipal ETF (WTMU) is 0.58%, while CORE16 Best of Breed Premier Index ETF (BOBP) has a volatility of 10.89%. This indicates that WTMU experiences smaller price fluctuations and is considered to be less risky than BOBP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTMU	BOBP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.58%	10.89%	-10.31%
Volatility (6M) Calculated over the trailing 6-month period	1.79%	18.84%	-17.05%
Volatility (1Y) Calculated over the trailing 1-year period	2.23%	20.88%	-18.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.66%	20.19%	-15.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.66%	20.19%	-15.53%

WTMU vs. BOBP - Expense Ratio Comparison

WTMU has a 0.25% expense ratio, which is lower than BOBP's 0.70% expense ratio.

Dividends

WTMU vs. BOBP - Dividend Comparison

WTMU's dividend yield for the trailing twelve months is around 2.98%, more than BOBP's 2.68% yield.

Position	TTM	2025
BOBP CORE16 Best of Breed Premier Index ETF	2.68%	3.31%
WTMU WisdomTree Core Laddered Municipal ETF	2.98%	2.15%

Frequently Asked Questions

Can I hold both WTMU and BOBP in my portfolio?

WTMU and BOBP have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTMU or BOBP?

BOBP has higher volatility (10.89%) compared to WTMU (0.58%). In terms of maximum drawdown, WTMU dropped -4.24% vs BOBP's -13.06%.

Which ETF is better, WTMU or BOBP?

On 1-year performance, BOBP leads with 32.04% vs 5.12% for WTMU. On fees, WTMU is cheaper at 0.25% per year. On volatility, WTMU has been the lower-risk option at 0.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTMU or BOBP?

Over the 1-year period, BOBP has performed better with a 32.04% return vs 5.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTMU or BOBP?

WTMU is cheaper with a 0.25% expense ratio, compared with 0.70% for BOBP.

Which ETF pays a higher dividend yield, WTMU or BOBP?

WTMU has the higher dividend yield at 2.98%, compared with 2.68% for BOBP.

What is the main difference between WTMU and BOBP?

WTMU is categorized as Municipal Bonds, while BOBP is Large Cap Blend Equities. They also come from different issuers: WisdomTree and Exchange Traded Concepts. Their fees differ too: 0.25% for WTMU and 0.70% for BOBP.

Which has better risk-adjusted returns?

WTMU currently has the higher Sharpe Ratio (2.31 vs 1.54), 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.