ETF Evaluator:
WisdomTree U.S. Adaptive Moving Average ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Blend Over the Last Year
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ETF Details
WisdomTree U.S. Adaptive Moving Average Overview
WisdomTree U.S. Adaptive Moving Average (WAMA) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). WisdomTree launched the ETF in 2026.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Adaptive Moving Average Index.
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in constituents of the index and/or investments that have economic characteristics that are substantially similar to the economic characteristics of such constituents. The index consists of the equity constituents of the WisdomTree 500 Index, U.S. T-bills, and other instruments that in combination have economic characteristics similar or equivalent to those securities. The fund is non-diversified.
About WisdomTree U.S. Adaptive Moving Average (WAMA)
There are 5 members of the management team with an average tenure of 0.39 years: Marlene Walker-Smith (2026), David France (2026), Todd Frysinger (2026), Vlasta Sheremeta (2026) and Michael Stoll (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: WisdomTree U.S. Adaptive Mov Avg TR USD index with a weighting of 100%. WisdomTree U.S. Adaptive Moving Average has 507 securities in its portfolio. The top 10 holdings constitute 40.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
WisdomTree U.S. Adaptive Moving Average is part of the Equity global asset class and is within the U.S. Equity ETF group. WisdomTree U.S. Adaptive Moving Average has 0.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.6% There is 0.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). WisdomTree U.S. Adaptive Moving Average has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $188 million in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
WAMA Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WisdomTree U.S. Adaptive Moving Average expense ratio is below average compared to funds in the Large Blend category. WisdomTree U.S. Adaptive Moving Average has an expense ratio of 0.32%, which is 23% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WisdomTree U.S. Adaptive Moving Average has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.
Recently, in the month of July 2026, WisdomTree U.S. Adaptive Moving Average returned 0.0%, which earned it a grade of C, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
WisdomTree U.S. Adaptive Moving Average has a trailing yield of 0.00%, which is below the 1.16% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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WAMA Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| WAMA Return (NAV) | 0.0% | 4.1% | na | na | na | na |
| WAMA Return (Price) | -0.7% | 3.4% | na | na | na | na |
| NAV +/- Price Return | 0.753% | 0.759% | na | na | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| WAMA Grade (NAV) | C | D | na | na | na | na |
| +/- Category (NAV) | 0.9% | 0.4% | na | na | na | na |
| WAMA Tax-Cost Ratio | na | na | na | na | na | na |
WAMA Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| WAMA Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| WAMA Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| WAMA Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 188 Mil |
| Share Class Assets: | $ 188 Mil |
| Turnover: | na |
| Expense Ratio: | 0.32% |
| Index Fund: | Yes |
| Index Tracked: | WisdomTree U.S. Adaptive Mov Avg TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 0.4 years | |||
| Average Tenure: 0.4 years | |||
| Managers (Year): Walker-Smith Marlene (2026), France David (2026), Frysinger Todd (2026), Sheremeta Vlasta (2026), Stoll Michael (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 507 |
| % in Top 10 Holdings: | 40.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.4% |
Portfolio Allocation |
|
| Domestic Stock: | 99.6% |
| Foreign Stock: | 0.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | March 10, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.32% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.41% |
