EVMT vs. WDIG

Last updated Jun 24, 2026

EVMT (Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF) and WDIG (WisdomTree Efficient Rare Earth Plus Strategic Metals Fund) are both exchange-traded funds - EVMT is a Commodities fund actively managed by Invesco, while WDIG is a Rare Earth & Strategic Metals fund actively managed by WisdomTree. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. EVMT charges 0.59%/yr vs 0.55%/yr for WDIG.

Performance

EVMT vs. WDIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) and WisdomTree Efficient Rare Earth Plus Strategic Metals Fund (WDIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EVMT

• 1D: -2.36%
• 1M: -7.56%
• YTD: 4.92%
• 6M: 9.06%
• 1Y: 31.03%
• 3Y*: 1.17%
• 5Y*: —
• 10Y*: —

WDIG

• 1D: -7.79%
• 1M: -12.59%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EVMT vs. WDIG - Yearly Performance Comparison

	2026 (YTD)
EVMT Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF	-7.10%
WDIG WisdomTree Efficient Rare Earth Plus Strategic Metals Fund	-19.33%

Correlation

The correlation between EVMT and WDIG is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 7, 2026	0.81

Return for Risk

EVMT vs. WDIG — Risk / Return Rank

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

EVMT

EVMT Risk / Return Rank: 69
EVMT Sharpe Ratio Rank: 68
EVMT Sortino Ratio Rank: 66
EVMT Omega Ratio Rank: 68
EVMT Calmar Ratio Rank: 74
EVMT Martin Ratio Rank: 69

WDIG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

EVMT vs. WDIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) and WisdomTree Efficient Rare Earth Plus Strategic Metals Fund (WDIG). 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.

	EVMT	WDIG	Difference
Sharpe ratio: Return per unit of total volatility	2.01	—	—
Sortino ratio: Return per unit of downside risk	2.75	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.44	—	—
Martin ratio: Return relative to average drawdown	11.60	—	—

Drawdowns

EVMT vs. WDIG - Drawdown Comparison

The maximum EVMT drawdown since its inception was -48.34%, which is greater than WDIG's maximum drawdown of -22.59%. Use the drawdown chart below to compare losses from any high point for EVMT and WDIG.

Drawdown Indicators

	EVMT	WDIG	Difference
Max Drawdown Largest peak-to-trough decline	-48.34%	-22.59%	-25.75%
Max Drawdown (1Y) Largest decline over 1 year	-9.05%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.38%	—	—
Current Drawdown Current decline from peak	-27.57%	-21.17%	-6.40%
Average Drawdown Average peak-to-trough decline	-34.58%	-9.94%	-24.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	—	—

Volatility

Volatility by Period

	EVMT	WDIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.50%	62.13%	-46.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.46%	62.13%	-41.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.46%	62.13%	-41.67%

EVMT vs. WDIG - Expense Ratio Comparison

EVMT has a 0.59% expense ratio, which is higher than WDIG's 0.55% expense ratio.

Dividends

EVMT vs. WDIG - Dividend Comparison

EVMT's dividend yield for the trailing twelve months is around 11.25%, while WDIG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
EVMT Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF	11.25%	11.80%	3.62%	5.49%	0.86%
WDIG WisdomTree Efficient Rare Earth Plus Strategic Metals Fund	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EVMT and WDIG in my portfolio?

EVMT and WDIG have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EVMT or WDIG?

On fees, WDIG is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EVMT or WDIG?

WDIG is cheaper with a 0.55% expense ratio, compared with 0.59% for EVMT.

Which ETF pays a higher dividend yield, EVMT or WDIG?

EVMT has the higher dividend yield at 11.25%, compared with 0.00% for WDIG.

What is the main difference between EVMT and WDIG?

EVMT is categorized as Commodities, while WDIG is Rare Earth & Strategic Metals. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.59% for EVMT and 0.55% for WDIG.