WTMU vs. GUSH
WTMU (WisdomTree Core Laddered Municipal ETF) and GUSH (Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares) are both exchange-traded funds - WTMU is a Municipal Bonds fund actively managed by WisdomTree, while GUSH is a Leveraged Equities fund tracking the S&P Oil & Gas Exploration & Production Select Industry Index (300%). WTMU is actively managed, while GUSH is passively managed. Over the past year, WTMU returned 3.23% vs 81.50% for GUSH. Their -0.14 correlation means they have often moved in opposite directions in the past. WTMU charges 0.25%/yr vs 1.17%/yr for GUSH.
Performance
WTMU vs. GUSH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WTMU achieves a -0.52% return, which is significantly lower than GUSH's 78.07% return.
WTMU
- 1D
- 0.22%
- 1M
- -1.07%
- 6M
- -1.35%
- YTD
- -0.52%
- 1Y
- 3.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.32%
GUSH
- 1D
- -3.36%
- 1M
- 25.39%
- 6M
- 55.55%
- YTD
- 78.07%
- 1Y
- 81.50%
- 3Y*
- 3.21%
- 5Y*
- 21.93%
- 10Y*
- -35.47%
- ALL TIME*
- -42.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $35.17M | $33.48M | $31.85M | |
| $17.49K | $9.91K | $38.76K |
WTMU vs. GUSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WTMU WisdomTree Core Laddered Municipal ETF | -0.52% | 4.99% |
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares | 78.07% | -19.64% |
Correlation
The correlation between WTMU and GUSH is -0.17, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.17 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025 | -0.14 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WTMU vs. GUSH — Risk / Return Rank
WTMU
GUSH
WTMU vs. GUSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Laddered Municipal ETF (WTMU) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). 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 | GUSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.24 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 2.26 | -1.13 |
| Martin ratioReturn relative to average drawdown | 2.72 | 5.11 | -2.39 |
Loading charts...
Drawdowns
WTMU vs. GUSH - Drawdown Comparison
The maximum WTMU drawdown since its inception was -4.24%, smaller than the maximum GUSH drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for WTMU and GUSH.
Loading charts...
Drawdown Indicators
| WTMU | GUSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.24% | -99.98% | +95.74% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -36.18% | +33.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -63.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.94% | — |
Current DrawdownCurrent decline from peak | -2.46% | -99.78% | +97.32% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -92.98% | +92.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 15.99% | -14.80% |
Volatility
WTMU vs. GUSH - Volatility Comparison
The current volatility for WisdomTree Core Laddered Municipal ETF (WTMU) is 1.12%, while Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) has a volatility of 17.07%. This indicates that WTMU experiences smaller price fluctuations and is considered to be less risky than GUSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WTMU | GUSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.12% | 17.07% | -15.95% |
Volatility (6M)Calculated over the trailing 6-month period | 2.08% | 45.28% | -43.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.41% | 56.62% | -54.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.58% | 67.48% | -62.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.58% | 92.80% | -88.22% |
WTMU vs. GUSH - Expense Ratio Comparison
WTMU has a 0.25% expense ratio, which is lower than GUSH's 1.17% expense ratio.
Dividends
WTMU vs. GUSH - Dividend Comparison
WTMU's dividend yield for the trailing twelve months is around 3.23%, more than GUSH's 1.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares | 1.22% | 2.60% | 2.96% | 3.00% | 0.47% | 0.00% | 0.20% | 1.68% | 0.17% | 0.00% | 3.26% |
WTMU WisdomTree Core Laddered Municipal ETF | 3.23% | 2.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WTMU and GUSH have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GUSH has higher volatility (17.07%) compared to WTMU (1.12%). In terms of maximum drawdown, WTMU dropped -4.24% vs GUSH's -99.98%.
On 1-year performance, GUSH leads with 81.50% vs 3.23% for WTMU. On fees, WTMU is cheaper at 0.25% per year. On volatility, WTMU has been the lower-risk option at 1.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GUSH has performed better with a 81.50% return vs 3.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WTMU is cheaper with a 0.25% expense ratio, compared with 1.17% for GUSH.
WTMU has the higher dividend yield at 3.23%, compared with 1.22% for GUSH.
WTMU is categorized as Municipal Bonds, while GUSH is Leveraged Equities. They also come from different issuers: WisdomTree and Direxion. Their fees differ too: 0.25% for WTMU and 1.17% for GUSH.
GUSH currently has the higher Sharpe Ratio (1.45 vs 1.35), 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.
Find the right allocation for WTMU and GUSH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer