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WAMAvsHEGDETF Comparison

ETF 1
WAMA

WisdomTree US Adaptive Moving Average Fund

This fund is part of
Multi-Asset: Other
+0.6%
VS
ETF 2
HEGD

Swan Hedged Equity US Large Cap ETF

This fund is part of
Options Strategies
+0.47%

WisdomTree US Adaptive Moving Average Fund (WAMA) belongs to the Multi-Asset: Other segment. Swan Hedged Equity US Large Cap ETF (HEGD) is part of the Options Strategies segment. WAMA's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, HEGD's top sector exposures are Information Technology, Financials and Communication Services. WAMA is less expensive with a Total Expense Ratio (TER) of 0.32%, versus 0.87% for HEGD. Run a side-by-side ETF comparison of WAMA and HEGD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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WAMA vs HEGD performance and flow charts

Performance

0.02.04.06.08.0%Apr 6Apr 13Apr 20Apr 27May 4

Cumulative Flows

0 M5 M10 M15 MApr 6Apr 13Apr 20Apr 27May 4

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 05/06/2026
1M3MYTD1Y3Y5Y
Perf.
WAMA
HEGD
+7.06%+6.52%
n/a+3.78%
n/a+4.73%
n/a+19.44%
n/a+51.07%
n/a+50.12%
Flows
WAMA
HEGD
+$1M+$17M
-+$26M
-+$42M
-+$192M
-+$420M
-+$511M
Volatility and drawdown
3M1Y3Y5Y
Volatility
WAMA
HEGD
n/a+7.47%
n/a+7.07%
n/a+8.06%
n/a+9.18%
Max drawdown
WAMA
HEGD
n/a-4.26%
n/a-4.33%
n/a-8.39%
n/a-14.21%
Max drawdown duration
WAMA
HEGD
n/a64d
n/a77d
n/a124d
n/a721d
Trading data

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WAMA
HEGD
Last sale
5/6/2026 at 1:30 PM
$25.79
$26.47
Previous close
05/06/2026
$25.42
$26.19
Consolidated volume
05/06/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

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HEGD
is actively managed and doesn’t replicate an index

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WAMA
HEGD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/6/2026 at 1:30 PM
Live
Closed
WAMA
HEGD
Last price
$25.79
$26.47
1D performance
+1.46%
+1.07%
AuM$183.58 M$673.36 M
E/R0.32%0.87%
Characteristics
WAMA
HEGD
Management strategyPassiveActive
ProviderWisdomTreeSwan Capital Management
BenchmarkWisdomTree U.S. Adaptive Moving Average Index-
N° of holdings468478
Asset class--
Trailing 12m distribution yield
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Inception dateMarch 12, 2026December 23, 2020
ESGNoNo
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Exposure

Countries

WAMA
USA
98.53%
Other
1.47%
HEGD
USA
82.45%
Other
17.55%

Sectors

WAMA
Information Techn.
33.58%
Communication Ser.
11.12%
Financials
10.62%
Consumer Discreti.
9.91%
Health Care
9.28%
Industrials
7.62%
Other
17.87%
HEGD
Information Techn.
28.86%
Financials
8.83%
Communication Ser.
8.7%
Consumer Discreti.
8.52%
Health Care
7.93%
Industrials
7.08%
Other
30.08%
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Diversification

WAMA

Total weight of top 15 holdings out of 15

44.99%
HEGD

Total weight of top 15 holdings out of 15

36.14%

Top 15 holdings

Data as of March 31, 2026
WAMA
NVIDIA
7.39%
APPLE
6.72%
ALPHABET INC-CL
5.94%
MICROSOFT-T
4.76%
AMAZON.COM INC
3.70%
META PLATFORMS
2.37%
BROADCOM LIMITED
2.32%
TESLA
1.87%
BERKSHIRE HATHWAY
1.83%
WALMART INC
1.73%
LILLY
1.55%
JPMORGAN CHASE
1.40%
EXXON
1.36%
VISA INCORPORATION
1.06%
JOHNSON&JOHNSON
1.00%
HEGD
NVIDIA
6.44%
APPLE
5.67%
MICROSOFT-T
4.18%
AMAZON.COM INC
3.09%
ALPHABET INC-CL
2.55%
BROADCOM LIMITED
2.23%
ALPHABET INC-CL
2.04%
META PLATFORMS
1.90%
TESLA
1.59%
BERKSHIRE HATHWAY
1.34%
JPMORGAN CHASE
1.21%
LILLY
1.11%
EXXON
1.08%
JOHNSON&JOHNSON
0.90%
WALMART INC
0.83%
Frequently asked questions about WAMA and HEGD

Which ETF is bigger: WAMA or HEGD?

As of May 6, 2026, WAMA holds $183.58 M in assets under management (AUM), while HEGD manages $673.36 M.

What sectors do the WAMA and HEGD ETFs invest in?

WAMA leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, HEGD focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the WAMA ETF and HEGD ETF?

WAMA top holdings include NVIDIA, APPLE and ALPHABET INC-CL. HEGD holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: WAMA or HEGD?

WAMA holds 501 securities with 44.99% of its assets in the top 15. HEGD has 502 securities and a top 15 weight of 36.14%.

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