CZA vs WAMA

Comparison between INVESCO ZACKS MID-CAP ETF (CZA, ETF) and WISDOMTREE U.S. ADAPTIVE MOVING AVERAGE FUND (WAMA, ETF).

CZA vs WAMA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CZA(ETF)	WAMA(ETF)
Net Assets	$187M	$186M
Expense Ratio	0.69%	0.32%
Max Drawdown	53.86%	5.73%
Sharpe Ratio	1.00	1.20
5Y Beta	0.74	0.87
P/E Ratio	17.97	28.28
Forward P/E	15.03	20.93
PEG Ratio	0.37	0.35
5Y Dividends CAGR	7.13%	N/A
5Y EPS CAGR	17.16%	28.98%
Debt to Equity	N/A	29.44%
P/S Ratio	1.54	3.68
P/B Ratio	2.36	5.69

Net Assets

Winner

CZA

$187M

WAMA

$186M

Expense Ratio

CZA

0.69%

Winner

WAMA

0.32%

Max Drawdown

CZA

53.86%

Winner

WAMA

5.73%

Sharpe Ratio

CZA

1.00

Winner

WAMA

1.20

5Y Beta

Winner

CZA

0.74

WAMA

0.87

P/E Ratio

Winner

CZA

17.97

WAMA

28.28

Forward P/E

Winner

CZA

15.03

WAMA

20.93

PEG Ratio

CZA

0.37

Winner

WAMA

0.35

5Y Dividends CAGR

CZA

7.13%

WAMA

N/A

5Y EPS CAGR

CZA

17.16%

Winner

WAMA

28.98%

Debt to Equity

CZA

N/A

WAMA

29.44%

P/S Ratio

Winner

CZA

1.54

WAMA

3.68

P/B Ratio

Winner

CZA

2.36

WAMA

5.69

CZA vs WAMA - Holdings Comparison

CZA and WAMA have 41 common holdings. Overlap is 1.55%

CZA's top 25 holdings weight is 42.30%. WAMA's top 25 holdings weight is 52.39%.

Rank	CZA	WAMA
#1	BECTON DICKINSON & CO (BDX) - 2.05%	NVIDIA CORP (NVDA) - 7.95%
#2	AMERICAN INTERNATIONAL GROUP INC (AIG) - 2.03%	APPLE INC (AAPL) - 7.45%
#3	WASTE CONNECTIONS INC (WCN) - 2.02%	ALPHABET INC CLASS A (GOOGL) - 6.72%
#4	PRUDENTIAL FINANCIAL INC (PRU) - 2.01%	MICROSOFT CORP (MSFT) - 4.39%
#5	PUBLIC SERVICE ENTERPRISE GROUP INC (PEG) - 1.94%	AMAZON.COM INC (AMZN) - 3.93%
#6	CREDICORP LTD (BAP) - 1.91%	BROADCOM INC (AVGO) - 2.61%
#7	SYSCO CORP (SYY) - 1.90%	META PLATFORMS INC CLASS A (META) - 2.52%
#8	THE HARTFORD INSURANCE GROUP INC (HIG) - 1.83%	TESLA INC (TSLA) - 1.74%
#9	AGILENT TECHNOLOGIES INC (A) - 1.80%	ELI LILLY AND CO (LLY) - 1.70%
#10	HUNTINGTON BANCSHARES INC (HBAN) - 1.75%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.57%
#11	NORTHERN TRUST CORP (NTRS) - 1.75%	MICRON TECHNOLOGY INC (MU) - 1.47%
#12	ARCH CAPITAL GROUP LTD (ACGL) - 1.68%	JPMORGAN CHASE & CO (JPM) - 1.42%
#13	n/a (VG) - 1.65%	ADVANCED MICRO DEVICES INC (AMD) - 1.32%
#14	ZOETIS INC CLASS A (ZTS) - 1.60%	WALMART INC (WMT) - 1.32%
#15	ROYALTY PHARMA PLC CLASS A (RPRX) - 1.59%	VISA INC CLASS A (V) - 1.06%
#16	LAS VEGAS SANDS CORP (LVS) - 1.58%	EXXONMOBIL HOLDINGS CORP (XOM) - 0.95%
#17	TRIP.COM GROUP LTD ADR (TCOM) - 1.57%	JOHNSON & JOHNSON (JNJ) - 0.85%
#18	IQVIA HOLDINGS INC (IQV) - 1.57%	MASTERCARD INC CLASS A (MA) - 0.74%
#19	EXTRA SPACE STORAGE INC (EXR) - 1.52%	APPLIED MATERIALS INC (AMAT) - 0.71%
#20	DTE ENERGY CO (DTE) - 1.49%	BANK OF AMERICA CORP (BAC) - 0.70%
#21	TELEDYNE TECHNOLOGIES INC (TDY) - 1.44%	MCDONALD'S CORP (MCD) - 0.26%
#22	ZOOM COMMUNICATIONS INC (ZM) - 1.43%	THE WALT DISNEY CO (DIS) - 0.26%
#23	AMRIZE LTD REGISTERED SHARE (AMRZ) - 1.40%	VERIZON COMMUNICATIONS INC (VZ) - 0.26%
#24	DOVER CORP (DOV) - 1.40%	CHARLES SCHWAB CORP (SCHW) - 0.25%
#25	OTIS WORLDWIDE CORP ORDINARY SHARES (OTIS) - 1.39%	GILEAD SCIENCES INC (GILD) - 0.24%
Total Holdings	102	467

CZA vs WAMA - Historical Returns

Returns include dividend reinvestment.

Period	CZA	WAMA
1 month	+2.53%	+0.43%
3 months	+5.74%	+4.29%
6 months	+7.80%	N/A
1 year	+14.44%	N/A
5 years(CAGR)	+7.55%	N/A
10 years(CAGR)	+10.36%	N/A
Max(CAGR)	+9.68%	+15.85%

Winner

CZA

+2.53%

WAMA

+0.43%

Winner

CZA

+5.74%

WAMA

+4.29%

CZA

+7.80%

WAMA

N/A

CZA

+14.44%

WAMA

N/A

5Y(CAGR)

CZA

+7.55%

WAMA

N/A

10Y(CAGR)

CZA

+10.36%

WAMA

N/A

Max(CAGR)

CZA

+9.68%

Winner

WAMA

+15.85%

CZA vs WAMA - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	CZA	WAMA
2026	+10.38%	+5.50%
2025	+8.91%	N/A
2024	+12.40%	N/A
2023	+7.13%	N/A
2022	-5.38%	N/A
2021	+29.39%	N/A
2020	-0.00%	N/A
2019	+33.06%	N/A
2018	-9.19%	N/A
2017	+21.26%	N/A
2016	+16.93%	N/A
2015	-1.42%	N/A
2014	+10.81%	N/A
2013	+32.43%	N/A
2012	+14.15%	N/A
2011	+2.97%	N/A
2010	+21.93%	N/A
2009	+40.05%	N/A
2008	-35.54%	N/A
2007	+1.98%	N/A

CZA vs WAMA Drawdown Comparison

The maximum drawdown for CZA was -53.20%, occurring on Mar 9, 2009. Recovery took 832 trading sessions.

The maximum drawdown for WAMA was -5.73%, occurring on Mar 30, 2026. Recovery took 22 trading sessions.

The current CZA drawdown is -1.22%. The current WAMA drawdown is -2.78%.

Rank	CZA	WAMA
#1	-53.20% Jul 17, 2007 - Nov 2, 2010	-5.73% Mar 17, 2026 - Apr 17, 2026
#2	-46.18% Feb 18, 2020 - Jan 12, 2021	-4.37% Jun 2, 2026 - Jun 10, 2026
#3	-23.45% Jul 7, 2011 - Mar 15, 2012	-1.91% May 14, 2026 - May 26, 2026
#4	-18.92% Nov 29, 2024 - Dec 10, 2025	-0.86% Apr 17, 2026 - Apr 22, 2026
#5	-18.83% Jun 19, 2015 - Jun 1, 2016	-0.59% Mar 12, 2026 - Mar 16, 2026
#6	-18.05% Sep 21, 2018 - Apr 1, 2019	-0.57% Apr 27, 2026 - Apr 30, 2026
#7	-17.45% Jan 4, 2022 - Feb 2, 2023	-0.39% May 6, 2026 - May 8, 2026
#8	-16.01% Feb 2, 2023 - Dec 27, 2023	-0.34% May 1, 2026 - May 5, 2026
#9	-10.21% Sep 2, 2014 - Nov 21, 2014	-0.31% Apr 22, 2026 - Apr 24, 2026
#10	-9.65% May 1, 2012 - Sep 6, 2012	-0.06% May 11, 2026 - May 13, 2026
#11	-9.21% Mar 2, 2026 - Jun 4, 2026	N/A
#12	-9.04% Jan 26, 2018 - Aug 27, 2018	N/A
#13	-7.42% Jun 8, 2016 - Jul 14, 2016	N/A
#14	-6.84% Jul 24, 2019 - Sep 16, 2019	N/A
#15	-6.56% Nov 16, 2021 - Dec 27, 2021	N/A

Correlation

Correlation between CZA and WAMA is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2007 - 2026)

CZA vs WAMA dividend yield comparison.

Year	CZA	WAMA
2026	0.00%	0.43%
2025	1.56%	0.00%
2024	1.27%	0.00%
2023	1.36%	0.00%
2022	1.71%	0.00%
2021	0.89%	0.00%
2020	1.42%	0.00%
2019	1.40%	0.00%
2018	1.27%	0.00%
2017	1.10%	0.00%
2016	1.87%	0.00%
2015	1.37%	0.00%
2014	0.74%	0.00%
2013	1.01%	0.00%
2012	1.23%	0.00%
2011	0.24%	0.00%
2010	0.68%	0.00%
2009	0.08%	0.00%
2008	1.01%	0.00%
2007	0.37%	0.00%