WTMY vs. BESF

Last updated Jun 24, 2026

WTMY (WisdomTree High Income Laddered Municipal ETF) and BESF (Bastion Energy ETF) are both exchange-traded funds - WTMY is a High Yield Muni fund actively managed by WisdomTree, while BESF is a Energy Equities fund actively managed by Bastion. Both are actively managed. Over the past year, WTMY returned 5.57% vs 61.61% for BESF. At a correlation of -0.12, they often move in opposite directions. WTMY charges 0.35%/yr vs 0.80%/yr for BESF.

Performance

WTMY vs. BESF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree High Income Laddered Municipal ETF (WTMY) and Bastion Energy ETF (BESF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTMY achieves a 1.35% return, which is significantly lower than BESF's 16.12% return.

WTMY

• 1D: 0.04%
• 1M: 1.49%
• YTD: 1.35%
• 6M: 1.58%
• 1Y: 5.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BESF

• 1D: 1.01%
• 1M: -6.28%
• YTD: 16.12%
• 6M: 15.17%
• 1Y: 61.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTMY vs. BESF - Yearly Performance Comparison

	2026 (YTD)	2025
WTMY WisdomTree High Income Laddered Municipal ETF	1.35%	5.02%
BESF Bastion Energy ETF	16.12%	38.76%

Correlation

The correlation between WTMY and BESF is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	-0.12

Return for Risk

WTMY vs. BESF — Risk / Return Rank

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

WTMY

WTMY Risk / Return Rank: 68
WTMY Sharpe Ratio Rank: 78
WTMY Sortino Ratio Rank: 84
WTMY Omega Ratio Rank: 90
WTMY Calmar Ratio Rank: 45
WTMY Martin Ratio Rank: 41

BESF

BESF Risk / Return Rank: 84
BESF Sharpe Ratio Rank: 86
BESF Sortino Ratio Rank: 83
BESF Omega Ratio Rank: 77
BESF Calmar Ratio Rank: 92
BESF Martin Ratio Rank: 83

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.

WTMY vs. BESF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree High Income Laddered Municipal ETF (WTMY) and Bastion Energy ETF (BESF). 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.

	WTMY	BESF	Difference
Sharpe ratio: Return per unit of total volatility	2.24	2.52	-0.28
Sortino ratio: Return per unit of downside risk	3.33	3.34	-0.01
Omega ratio: Gain probability vs. loss probability	1.51	1.41	+0.10
Calmar ratio: Return relative to maximum drawdown	2.06	5.64	-3.58
Martin ratio: Return relative to average drawdown	6.00	15.57	-9.58

WTMY vs. BESF - Sharpe Ratio Comparison

The current WTMY Sharpe Ratio is 2.24, which is comparable to the BESF Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of WTMY and BESF, 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

WTMY vs. BESF - Drawdown Comparison

The maximum WTMY drawdown since its inception was -3.67%, smaller than the maximum BESF drawdown of -10.97%. Use the drawdown chart below to compare losses from any high point for WTMY and BESF.

Drawdown Indicators

	WTMY	BESF	Difference
Max Drawdown Largest peak-to-trough decline	-3.67%	-10.97%	+7.30%
Max Drawdown (1Y) Largest decline over 1 year	-2.71%	-10.97%	+8.26%
Current Drawdown Current decline from peak	-0.75%	-8.73%	+7.98%
Average Drawdown Average peak-to-trough decline	-0.81%	-2.74%	+1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	3.97%	-3.04%

Volatility

WTMY vs. BESF - Volatility Comparison

The current volatility for WisdomTree High Income Laddered Municipal ETF (WTMY) is 0.65%, while Bastion Energy ETF (BESF) has a volatility of 6.97%. This indicates that WTMY experiences smaller price fluctuations and is considered to be less risky than BESF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTMY	BESF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.65%	6.97%	-6.32%
Volatility (6M) Calculated over the trailing 6-month period	1.86%	14.93%	-13.07%
Volatility (1Y) Calculated over the trailing 1-year period	2.50%	24.75%	-22.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.51%	24.39%	-20.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.51%	24.39%	-20.88%

WTMY vs. BESF - Expense Ratio Comparison

WTMY has a 0.35% expense ratio, which is lower than BESF's 0.80% expense ratio.

Dividends

WTMY vs. BESF - Dividend Comparison

WTMY's dividend yield for the trailing twelve months is around 3.42%, less than BESF's 5.86% yield.

Position	TTM	2025
BESF Bastion Energy ETF	5.86%	6.39%
WTMY WisdomTree High Income Laddered Municipal ETF	3.42%	2.56%

Frequently Asked Questions

Can I hold both WTMY and BESF in my portfolio?

WTMY and BESF 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, WTMY or BESF?

BESF has higher volatility (6.97%) compared to WTMY (0.65%). In terms of maximum drawdown, WTMY dropped -3.67% vs BESF's -10.97%.

Which ETF is better, WTMY or BESF?

On 1-year performance, BESF leads with 61.61% vs 5.57% for WTMY. On fees, WTMY is cheaper at 0.35% per year. On volatility, WTMY has been the lower-risk option at 0.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTMY or BESF?

Over the 1-year period, BESF has performed better with a 61.61% return vs 5.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTMY or BESF?

WTMY is cheaper with a 0.35% expense ratio, compared with 0.80% for BESF.

Which ETF pays a higher dividend yield, WTMY or BESF?

BESF has the higher dividend yield at 5.86%, compared with 3.42% for WTMY.

What is the main difference between WTMY and BESF?

WTMY is categorized as High Yield Muni, while BESF is Energy Equities. They also come from different issuers: WisdomTree and Bastion. Their fees differ too: 0.35% for WTMY and 0.80% for BESF.

Which has better risk-adjusted returns?

BESF currently has the higher Sharpe Ratio (2.52 vs 2.24), 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.