SHOC vs. WTAI

Last updated Jun 23, 2026

SHOC (Strive U.S. Semiconductor ETF) and WTAI (WisdomTree Artificial Intelligence and Innovation Fund) are both exchange-traded funds - SHOC is a Semiconductors fund tracking the Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross, while WTAI is a Technology Equities fund tracking the WisdomTree Artificial Intelligence & Innovation Index. Both are passively managed. Over the past 3 years, SHOC returned 56.12%/yr vs 39.27%/yr for WTAI. Their correlation of 0.88 suggests significant overlap in exposure. SHOC charges 0.40%/yr vs 0.45%/yr for WTAI.

Performance

SHOC vs. WTAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive U.S. Semiconductor ETF (SHOC) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHOC achieves a 81.69% return, which is significantly higher than WTAI's 65.92% return.

SHOC

• 1D: 1.74%
• 1M: 15.76%
• YTD: 81.69%
• 6M: 81.47%
• 1Y: 152.44%
• 3Y*: 56.12%
• 5Y*: —
• 10Y*: —

WTAI

• 1D: 1.68%
• 1M: 16.17%
• YTD: 65.92%
• 6M: 65.77%
• 1Y: 113.43%
• 3Y*: 39.27%
• 5Y*: —
• 10Y*: —

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

SHOC vs. WTAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SHOC Strive U.S. Semiconductor ETF	81.69%	49.91%	16.74%	61.97%	-1.79%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	65.92%	34.83%	6.53%	46.32%	-6.60%

Correlation

The correlation between SHOC and WTAI is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (All Time) Calculated using the full available price history since Oct 6, 2022	0.88

The correlation between SHOC and WTAI has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

SHOC vs. WTAI - Sectors Allocation Comparison

Sectors	SHOC	WTAI
Technology	100.0%	71.6%
Basic Materials	-	-
Communication Services	-	7.2%
Consumer Cyclical	-	8.3%
Consumer Defensive	-	0.4%
Energy	-	-
Financial Services	-	3.8%
Healthcare	-	-
Industrials	-	5.6%
Real Estate	-	-
Utilities	-	0.9%

Return for Risk

SHOC vs. WTAI — Risk / Return Rank

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

SHOC

SHOC Risk / Return Rank: 95
SHOC Sharpe Ratio Rank: 97
SHOC Sortino Ratio Rank: 93
SHOC Omega Ratio Rank: 93
SHOC Calmar Ratio Rank: 97
SHOC Martin Ratio Rank: 96

WTAI

WTAI Risk / Return Rank: 92
WTAI Sharpe Ratio Rank: 95
WTAI Sortino Ratio Rank: 89
WTAI Omega Ratio Rank: 89
WTAI Calmar Ratio Rank: 95
WTAI Martin Ratio Rank: 93

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.

SHOC vs. WTAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Semiconductor ETF (SHOC) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI). 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.

	SHOC	WTAI	Difference
Sharpe ratio: Return per unit of total volatility	4.40	3.59	+0.81
Sortino ratio: Return per unit of downside risk	4.38	3.91	+0.47
Omega ratio: Gain probability vs. loss probability	1.61	1.54	+0.07
Calmar ratio: Return relative to maximum drawdown	10.51	7.40	+3.11
Martin ratio: Return relative to average drawdown	37.16	22.59	+14.57

SHOC vs. WTAI - Sharpe Ratio Comparison

The current SHOC Sharpe Ratio is 4.40, which is comparable to the WTAI Sharpe Ratio of 3.59. The chart below compares the historical Sharpe Ratios of SHOC and WTAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SHOC vs. WTAI - Drawdown Comparison

The maximum SHOC drawdown since its inception was -37.54%, smaller than the maximum WTAI drawdown of -45.96%. Use the drawdown chart below to compare losses from any high point for SHOC and WTAI.

Drawdown Indicators

	SHOC	WTAI	Difference
Max Drawdown Largest peak-to-trough decline	-37.54%	-45.96%	+8.42%
Max Drawdown (1Y) Largest decline over 1 year	-14.59%	-15.42%	+0.83%
Max Drawdown (3Y) Largest decline over 3 years	-37.54%	-31.83%	-5.71%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.44%	-19.69%	+12.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	5.04%	-0.92%

Volatility

SHOC vs. WTAI - Volatility Comparison

Strive U.S. Semiconductor ETF (SHOC) and WisdomTree Artificial Intelligence and Innovation Fund (WTAI) have volatilities of 17.00% and 16.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHOC	WTAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.00%	16.33%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	28.12%	26.56%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	34.93%	31.81%	+3.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.86%	31.59%	+4.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.86%	31.59%	+4.27%

SHOC vs. WTAI - Expense Ratio Comparison

SHOC has a 0.40% expense ratio, which is lower than WTAI's 0.45% expense ratio.

Dividends

SHOC vs. WTAI - Dividend Comparison

SHOC's dividend yield for the trailing twelve months is around 0.13%, less than WTAI's 1.09% yield.

Position	TTM	2025	2024	2023	2022
SHOC Strive U.S. Semiconductor ETF	0.13%	0.23%	0.35%	0.65%	0.24%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	1.09%	1.81%	0.19%	0.24%	0.22%

Frequently Asked Questions

Can I hold both SHOC and WTAI in my portfolio?

SHOC and WTAI have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHOC or WTAI?

SHOC has higher volatility (17.00%) compared to WTAI (16.33%). In terms of maximum drawdown, SHOC dropped -37.54% vs WTAI's -45.96%.

Which ETF is better, SHOC or WTAI?

On 3-year performance, SHOC leads with 56.12% vs 39.27% for WTAI. On fees, SHOC is cheaper at 0.40% per year. On volatility, WTAI has been the lower-risk option at 16.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SHOC or WTAI?

Over the 3-year period, SHOC has performed better with a 56.12% return vs 39.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SHOC or WTAI?

SHOC is cheaper with a 0.40% expense ratio, compared with 0.45% for WTAI.

Which ETF pays a higher dividend yield, SHOC or WTAI?

WTAI has the higher dividend yield at 1.09%, compared with 0.13% for SHOC.

What is the main difference between SHOC and WTAI?

SHOC is categorized as Semiconductors, while WTAI is Technology Equities. SHOC tracks Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross, while WTAI tracks WisdomTree Artificial Intelligence & Innovation Index. They also come from different issuers: Strive and WisdomTree. Their fees differ too: 0.40% for SHOC and 0.45% for WTAI.

Which has better risk-adjusted returns?

SHOC currently has the higher Sharpe Ratio (4.40 vs 3.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.