WDIG vs. EVMT
WDIG (WisdomTree Efficient Rare Earth Plus Strategic Metals Fund) and EVMT (Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF) are both exchange-traded funds - WDIG is a Rare Earth & Strategic Metals fund actively managed by WisdomTree, while EVMT is a Commodities fund actively managed by Invesco. Both are actively managed. Their 0.66 correlation means they have sometimes moved together and sometimes differently. WDIG charges 0.55%/yr vs 0.59%/yr for EVMT.
Performance
WDIG vs. EVMT - Performance Comparison
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Returns By Period
WDIG
- 1D
- -0.38%
- 1M
- -5.74%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
EVMT
- 1D
- 0.00%
- 1M
- 2.04%
- 6M
- 0.68%
- YTD
- 4.75%
- 1Y
- 30.34%
- 3Y*
- 0.32%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -6.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $34.42K | $27.21K | $65.95K | |
| $54.15K | $50.36K | $175.27K |
WDIG vs. EVMT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WDIG WisdomTree Efficient Rare Earth Plus Strategic Metals Fund | -28.09% |
EVMT Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF | -7.26% |
Correlation
The correlation between WDIG and EVMT is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 7, 2026 | 0.66 |
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Return for Risk
WDIG vs. EVMT — Risk / Return Rank
WDIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EVMT
WDIG vs. EVMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Efficient Rare Earth Plus Strategic Metals Fund (WDIG) and Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT). 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.
| WDIG | EVMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.36 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.67 | — |
| Martin ratioReturn relative to average drawdown | — | 7.25 | — |
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Drawdowns
WDIG vs. EVMT - Drawdown Comparison
The maximum WDIG drawdown since its inception was -32.81%, smaller than the maximum EVMT drawdown of -48.34%. Use the drawdown chart below to compare losses from any high point for WDIG and EVMT.
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Drawdown Indicators
| WDIG | EVMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.81% | -48.34% | +15.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.35% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.49% | — |
Current DrawdownCurrent decline from peak | -29.73% | -27.69% | -2.04% |
Average DrawdownAverage peak-to-trough decline | -18.02% | -34.42% | +16.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.18% | — |
Volatility
WDIG vs. EVMT - Volatility Comparison
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Volatility by Period
| WDIG | EVMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.13% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.11% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 53.76% | 15.49% | +38.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.76% | 20.28% | +33.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.76% | 20.28% | +33.48% |
WDIG vs. EVMT - Expense Ratio Comparison
WDIG has a 0.55% expense ratio, which is lower than EVMT's 0.59% expense ratio.
Dividends
WDIG vs. EVMT - Dividend Comparison
WDIG has not paid dividends to shareholders, while EVMT's dividend yield for the trailing twelve months is around 11.27%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EVMT Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF | 11.27% | 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
WDIG and EVMT have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
WDIG is cheaper with a 0.55% expense ratio, compared with 0.59% for EVMT.
EVMT has the higher dividend yield at 11.27%, compared with 0.00% for WDIG.
WDIG is categorized as Rare Earth & Strategic Metals, while EVMT is Commodities. They also come from different issuers: WisdomTree and Invesco. Their fees differ too: 0.55% for WDIG and 0.59% for EVMT.
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