WTMU vs. WTV

Last updated Jun 5, 2026

WTMU (WisdomTree Core Laddered Municipal ETF) and WTV (WisdomTree US Value ETF) are both exchange-traded funds - WTMU is a Municipal Bonds fund actively managed by WisdomTree, while WTV is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Value Index. WTMU is actively managed, while WTV is passively managed. Over the past year, WTMU returned 5.80% vs 25.21% for WTV. At a 0.14 correlation, their price movements are largely independent. WTMU charges 0.25%/yr vs 0.12%/yr for WTV.

Performance

WTMU vs. WTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Core Laddered Municipal ETF (WTMU) and WisdomTree US Value ETF (WTV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTMU achieves a 0.56% return, which is significantly lower than WTV's 11.47% return.

WTMU

• 1D: 0.12%
• 1M: 0.55%
• YTD: 0.56%
• 6M: 1.06%
• 1Y: 5.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WTV

• 1D: 0.86%
• 1M: 4.50%
• YTD: 11.47%
• 6M: 12.37%
• 1Y: 25.21%
• 3Y*: 22.93%
• 5Y*: 13.36%
• 10Y*: —

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

WTMU vs. WTV - Yearly Performance Comparison

	2026 (YTD)	2025
WTMU WisdomTree Core Laddered Municipal ETF	0.56%	5.09%
WTV WisdomTree US Value ETF	11.47%	20.29%

Correlation

The correlation between WTMU and WTV is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Apr 4, 2025	0.14

Return for Risk

WTMU vs. WTV — Risk / Return Rank

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

WTMU

WTMU Risk / Return Rank: 69
WTMU Sharpe Ratio Rank: 83
WTMU Sortino Ratio Rank: 86
WTMU Omega Ratio Rank: 91
WTMU Calmar Ratio Rank: 44
WTMU Martin Ratio Rank: 39

WTV

WTV Risk / Return Rank: 67
WTV Sharpe Ratio Rank: 66
WTV Sortino Ratio Rank: 70
WTV Omega Ratio Rank: 64
WTV Calmar Ratio Rank: 72
WTV Martin Ratio Rank: 64

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. WTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Laddered Municipal ETF (WTMU) and WisdomTree US Value ETF (WTV). 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.

	WTMU	WTV	Difference
Sharpe ratio: Return per unit of total volatility	2.63	2.15	+0.49
Sortino ratio: Return per unit of downside risk	3.82	3.14	+0.68
Omega ratio: Gain probability vs. loss probability	1.59	1.38	+0.21
Calmar ratio: Return relative to maximum drawdown	2.14	3.54	-1.40
Martin ratio: Return relative to average drawdown	6.06	11.55	-5.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTMU vs. WTV - Sharpe Ratio Comparison

The current WTMU Sharpe Ratio is 2.63, which is comparable to the WTV Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of WTMU and WTV, 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

	WTMU	WTV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	2.15	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	0.68	+0.35

Drawdowns

WTMU vs. WTV - Drawdown Comparison

The maximum WTMU drawdown since its inception was -4.24%, smaller than the maximum WTV drawdown of -42.18%. Use the drawdown chart below to compare losses from any high point for WTMU and WTV.

Drawdown Indicators

	WTMU	WTV	Difference
Max Drawdown Largest peak-to-trough decline	-4.24%	-42.18%	+37.94%
Max Drawdown (1Y) Largest decline over 1 year	-2.72%	-7.15%	+4.43%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.30%	—
Current Drawdown Current decline from peak	-1.40%	-0.11%	-1.29%
Average Drawdown Average peak-to-trough decline	-0.64%	-5.05%	+4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	2.19%	-1.23%

Volatility

WTMU vs. WTV - Volatility Comparison

The current volatility for WisdomTree Core Laddered Municipal ETF (WTMU) is 0.75%, while WisdomTree US Value ETF (WTV) has a volatility of 3.01%. This indicates that WTMU experiences smaller price fluctuations and is considered to be less risky than WTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTMU	WTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	3.01%	-2.26%
Volatility (6M) Calculated over the trailing 6-month period	1.77%	7.92%	-6.15%
Volatility (1Y) Calculated over the trailing 1-year period	2.23%	11.82%	-9.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.76%	17.09%	-12.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.76%	20.20%	-15.44%

WTMU vs. WTV - Expense Ratio Comparison

WTMU has a 0.25% expense ratio, which is higher than WTV's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

WTMU vs. WTV - Dividend Comparison

WTMU's dividend yield for the trailing twelve months is around 2.98%, more than WTV's 1.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTMU WisdomTree Core Laddered Municipal ETF	2.98%	2.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTV WisdomTree US Value ETF	1.64%	1.59%	1.54%	1.62%	2.08%	1.55%	1.63%	1.44%	1.94%	0.41%

Frequently Asked Questions

Can I hold both WTMU and WTV in my portfolio?

WTMU and WTV have a correlation of 0.18, 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 WTV?

WTV has higher volatility (3.01%) compared to WTMU (0.75%). In terms of maximum drawdown, WTMU dropped -4.24% vs WTV's -42.18%.

Which ETF is better, WTMU or WTV?

On 1-year performance, WTV leads with 25.21% vs 5.80% for WTMU. On fees, WTV is cheaper at 0.12% per year. On volatility, WTMU has been the lower-risk option at 0.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTMU or WTV?

Over the 1-year period, WTV has performed better with a 25.21% return vs 5.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTMU or WTV?

WTV is cheaper with a 0.12% expense ratio, compared with 0.25% for WTMU.

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

WTMU has the higher dividend yield at 2.98%, compared with 1.64% for WTV.

What is the main difference between WTMU and WTV?

WTMU is categorized as Municipal Bonds, while WTV is Large Cap Value Equities. Their fees differ too: 0.25% for WTMU and 0.12% for WTV.

Which has better risk-adjusted returns?

WTMU currently has the higher Sharpe Ratio (2.63 vs 2.15), 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.