WTLS vs PDDL

Comparison between WISDOMTREE EFFICIENT LONG/SHORT U.S. EQUITY FUND (WTLS, ETF) and GRANITESHARES 2X LONG PDD DAILY ETF (PDDL, ETF).

WTLS vs PDDL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WTLS(ETF)	PDDL(ETF)
Net Assets	$12M	$12M
Expense Ratio	0.88%	N/A
Max Drawdown	8.94%	69.15%
Sharpe Ratio	1.93	-0.85
5Y Beta	1.18	2.52

Net Assets

WTLS

$12M

PDDL

$12M

Expense Ratio

WTLS

0.88%

PDDL

N/A

Max Drawdown

Winner

WTLS

8.94%

PDDL

69.15%

Sharpe Ratio

Winner

WTLS

1.93

PDDL

-0.85

5Y Beta

Winner

WTLS

1.18

PDDL

2.52

WTLS vs PDDL - Historical Returns

Returns include dividend reinvestment.

Period	WTLS	PDDL
1 month	+2.27%	-32.71%
3 months	+13.80%	-40.37%
6 months	N/A	-56.63%
1 year	N/A	-49.20%
Max(CAGR)	+47.35%	-52.96%

Winner

WTLS

+2.27%

PDDL

-32.71%

Winner

WTLS

+13.80%

PDDL

-40.37%

WTLS

N/A

PDDL

-56.63%

WTLS

N/A

PDDL

-49.20%

Max(CAGR)

Winner

WTLS

+47.35%

PDDL

-52.96%

WTLS vs PDDL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	WTLS	PDDL
2026	+15.65%	-54.55%
2025	N/A	+7.43%

WTLS vs PDDL Drawdown Comparison

The maximum drawdown for WTLS was -8.94%, occurring on Mar 30, 2026. Recovery took 49 trading sessions.

The maximum drawdown for PDDL was -69.05%, occurring on Jun 8, 2026. This drawdown has not yet recovered.

The current WTLS drawdown is -4.98%. The current PDDL drawdown is -69.05%.

Rank	WTLS	PDDL
#1	-8.94% Jan 28, 2026 - Apr 9, 2026	-69.05% Oct 29, 2025 - Jun 8, 2026
#2	-4.98% Jun 2, 2026 - Jun 8, 2026	-16.18% Oct 2, 2025 - Oct 27, 2025
#3	-1.35% Apr 17, 2026 - Apr 22, 2026	-14.54% Jul 23, 2025 - Aug 21, 2025
#4	-1.31% Apr 24, 2026 - May 1, 2026	-12.29% Aug 25, 2025 - Sep 16, 2025
#5	-1.07% May 26, 2026 - May 28, 2026	-9.22% Sep 17, 2025 - Oct 2, 2025
#6	-0.81% May 14, 2026 - May 20, 2026	N/A
#7	-0.78% May 1, 2026 - May 5, 2026	N/A
#8	-0.73% Apr 22, 2026 - Apr 24, 2026	N/A
#9	-0.32% Apr 9, 2026 - Apr 13, 2026	N/A
#10	-0.14% May 6, 2026 - May 8, 2026	N/A
#11	-0.11% Jan 23, 2026 - Jan 27, 2026	N/A
#12	-0.10% Apr 15, 2026 - Apr 17, 2026	N/A

Correlation

Correlation between WTLS and PDDL is -0.90 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.90

-101