SPLV vs. WTAI
SPLV (Invesco S&P 500 Low Volatility ETF) and WTAI (WisdomTree Artificial Intelligence and Innovation Fund) are both exchange-traded funds - SPLV is a S&P 500 fund tracking the S&P 500 Low Volatility Index, while WTAI is a Artificial Intelligence fund tracking the WisdomTree Artificial Intelligence & Innovation Index. Both are passively managed. Over the past 3 years, SPLV returned 9.48%/yr vs 31.27%/yr for WTAI. Their 0.17 correlation means their historical movements had little consistent relationship. SPLV charges 0.25%/yr vs 0.45%/yr for WTAI.
Performance
SPLV vs. WTAI - Performance Comparison
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Returns By Period
In the year-to-date period, SPLV achieves a 8.35% return, which is significantly lower than WTAI's 44.65% return.
SPLV
- 1D
- 0.24%
- 1M
- -0.26%
- 6M
- 4.38%
- YTD
- 8.35%
- 1Y
- 6.81%
- 3Y*
- 9.48%
- 5Y*
- 6.08%
- 10Y*
- 8.31%
- ALL TIME*
- 10.15%
WTAI
- 1D
- 5.48%
- 1M
- -0.99%
- 6M
- 40.92%
- YTD
- 44.65%
- 1Y
- 69.52%
- 3Y*
- 31.27%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $170.51M | $164.24M | $187.77M | |
| $16.38M | $17.74M | $14.46M |
SPLV vs. WTAI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SPLV Invesco S&P 500 Low Volatility ETF | 8.35% | 4.10% | 13.93% | 0.53% | -4.88% | 5.44% |
WTAI WisdomTree Artificial Intelligence and Innovation Fund | 44.65% | 34.83% | 6.53% | 46.32% | -42.27% | -1.93% |
Correlation
The correlation between SPLV and WTAI is -0.32, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.00 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2021 | 0.17 |
The correlation between SPLV and WTAI shifts across timeframes, from -0.32 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SPLV vs. WTAI — Risk / Return Rank
SPLV
WTAI
SPLV vs. WTAI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Low Volatility ETF (SPLV) 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.
| SPLV | WTAI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.31 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 2.53 | -1.61 |
| Martin ratioReturn relative to average drawdown | 2.11 | 9.72 | -7.61 |
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Drawdowns
SPLV vs. WTAI - Drawdown Comparison
The maximum SPLV drawdown since its inception was -36.26%, smaller than the maximum WTAI drawdown of -45.96%. Use the drawdown chart below to compare losses from any high point for SPLV and WTAI.
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Drawdown Indicators
| SPLV | WTAI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.26% | -45.96% | +9.70% |
Max Drawdown (1Y)Largest decline over 1 year | -7.41% | -27.61% | +20.20% |
Max Drawdown (3Y)Largest decline over 3 years | -9.10% | -31.83% | +22.73% |
Max Drawdown (5Y)Largest decline over 5 years | -17.26% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.26% | — | — |
Current DrawdownCurrent decline from peak | -2.03% | -12.82% | +10.79% |
Average DrawdownAverage peak-to-trough decline | -3.54% | -19.53% | +15.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 7.17% | -3.94% |
Volatility
SPLV vs. WTAI - Volatility Comparison
The current volatility for Invesco S&P 500 Low Volatility ETF (SPLV) is 3.86%, while WisdomTree Artificial Intelligence and Innovation Fund (WTAI) has a volatility of 17.90%. This indicates that SPLV experiences smaller price fluctuations and is considered to be less risky than WTAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPLV | WTAI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 17.90% | -14.04% |
Volatility (6M)Calculated over the trailing 6-month period | 8.27% | 34.16% | -25.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.70% | 38.18% | -27.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.60% | 32.82% | -20.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.42% | 32.82% | -17.40% |
SPLV vs. WTAI - Expense Ratio Comparison
SPLV has a 0.25% expense ratio, which is lower than WTAI's 0.45% expense ratio.
Dividends
SPLV vs. WTAI - Dividend Comparison
SPLV's dividend yield for the trailing twelve months is around 2.12%, more than WTAI's 1.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPLV Invesco S&P 500 Low Volatility ETF | 2.12% | 2.04% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% |
WTAI WisdomTree Artificial Intelligence and Innovation Fund | 1.25% | 1.81% | 0.19% | 0.24% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPLV and WTAI have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WTAI has higher volatility (17.90%) compared to SPLV (3.86%). In terms of maximum drawdown, SPLV dropped -36.26% vs WTAI's -45.96%.
On 3-year performance, WTAI leads with 31.27% vs 9.48% for SPLV. On fees, SPLV is cheaper at 0.25% per year. On volatility, SPLV has been the lower-risk option at 3.86%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, WTAI has performed better with a 31.27% return vs 9.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SPLV is cheaper with a 0.25% expense ratio, compared with 0.45% for WTAI.
SPLV has the higher dividend yield at 2.12%, compared with 1.25% for WTAI.
SPLV is categorized as S&P 500, while WTAI is Artificial Intelligence. SPLV tracks S&P 500 Low Volatility Index, while WTAI tracks WisdomTree Artificial Intelligence & Innovation Index. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.25% for SPLV and 0.45% for WTAI.
WTAI currently has the higher Sharpe Ratio (1.83 vs 0.64), 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.
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