WISE vs. XAIX

Last updated Aug 4, 2026

WISE (Themes Generative Artificial Intelligence ETF) and XAIX (Xtrackers Artificial Intelligence and Big Data ETF) are both Artificial Intelligence funds - WISE tracks the Solactive Generative Artificial Intelligence Index - Benchmark TR Gross while XAIX tracks the Nasdaq Global Artificial Intelligence and Big Data Index. Both are passively managed. Over the past year, WISE returned 0.31% vs 44.17% for XAIX. Their correlation of 0.80 means they have usually moved in the same direction. Both charge a 0.35% expense ratio.

Performance

WISE vs. XAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Generative Artificial Intelligence ETF (WISE) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WISE achieves a -8.91% return, which is significantly lower than XAIX's 26.72% return.

WISE

• 1D: 3.57%
• 1M: -3.63%
• 6M: -6.05%
• YTD: -8.91%
• 1Y: 0.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.55%

XAIX

• 1D: 2.25%
• 1M: 0.00%
• 6M: 23.91%
• YTD: 26.72%
• 1Y: 44.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 37.23%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
WISE Themes Generative Artificial Intelligence ETF	$181.34K	$202.97K	$449.21K
XAIX Xtrackers Artificial Intelligence and Big Data ETF	$884.34K	$1.44M	$1.97M

WISE vs. XAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WISE Themes Generative Artificial Intelligence ETF	-8.91%	5.88%	39.53%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	26.72%	29.05%	15.21%

Correlation

The correlation between WISE and XAIX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024	0.80

The correlation between WISE and XAIX has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.

WISE vs. XAIX - Sectors Allocation Comparison

Sectors	WISE	XAIX
Technology	91.3%	79.0%
Consumer Cyclical	3.5%	6.1%
Communication Services	2.9%	10.4%
Industrials	1.3%	0.1%
Healthcare	0.8%	0.0%
Utilities	0.2%	0.0%
Basic Materials	-	0.0%
Consumer Defensive	-	0.0%
Energy	-	0.0%
Financial Services	-	4.4%
Real Estate	-	-

Return for Risk

WISE vs. XAIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WISE

WISE Risk / Return Rank: 12
WISE Sharpe Ratio Rank: 11
WISE Sortino Ratio Rank: 12
WISE Omega Ratio Rank: 12
WISE Calmar Ratio Rank: 11
WISE Martin Ratio Rank: 11

XAIX

XAIX Risk / Return Rank: 69
XAIX Sharpe Ratio Rank: 74
XAIX Sortino Ratio Rank: 67
XAIX Omega Ratio Rank: 68
XAIX Calmar Ratio Rank: 73
XAIX Martin Ratio Rank: 64

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WISE vs. XAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Generative Artificial Intelligence ETF (WISE) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). 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.

	WISE	XAIX	Difference
Sharpe ratio: Return per unit of total volatility	0.01	1.72	-1.71
Sortino ratio: Return per unit of downside risk	0.26	2.27	-2.01
Omega ratio: Gain probability vs. loss probability	1.03	1.29	-0.26
Calmar ratio: Return relative to maximum drawdown	0.01	2.62	-2.61
Martin ratio: Return relative to average drawdown	0.02	7.87	-7.85

WISE vs. XAIX - Sharpe Ratio Comparison

The current WISE Sharpe Ratio is 0.01, which is lower than the XAIX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of WISE and XAIX, 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

WISE vs. XAIX - Drawdown Comparison

The maximum WISE drawdown since its inception was -39.15%, which is greater than XAIX's maximum drawdown of -23.95%. Use the drawdown chart below to compare losses from any high point for WISE and XAIX.

Drawdown Indicators

	WISE	XAIX	Difference
Max Drawdown Largest peak-to-trough decline	-39.15%	-23.95%	-15.20%
Max Drawdown (1Y) Largest decline over 1 year	-34.08%	-16.95%	-17.13%
Current Drawdown Current decline from peak	-22.45%	-10.78%	-11.67%
Average Drawdown Average peak-to-trough decline	-12.34%	-4.00%	-8.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.28%	5.63%	+10.65%

Volatility

WISE vs. XAIX - Volatility Comparison

Themes Generative Artificial Intelligence ETF (WISE) has a higher volatility of 11.39% compared to Xtrackers Artificial Intelligence and Big Data ETF (XAIX) at 9.09%. This indicates that WISE's price experiences larger fluctuations and is considered to be riskier than XAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WISE	XAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.39%	9.09%	+2.30%
Volatility (6M) Calculated over the trailing 6-month period	27.27%	23.04%	+4.23%
Volatility (1Y) Calculated over the trailing 1-year period	35.04%	25.87%	+9.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.06%	25.11%	+8.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.06%	25.11%	+8.95%

WISE vs. XAIX - Expense Ratio Comparison

Both WISE and XAIX have an expense ratio of 0.35%.

Dividends

WISE vs. XAIX - Dividend Comparison

WISE's dividend yield for the trailing twelve months is around 4.53%, more than XAIX's 0.41% yield.

Position	TTM	2025	2024
WISE Themes Generative Artificial Intelligence ETF	4.53%	4.12%	0.00%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.41%	0.54%	0.08%

Frequently Asked Questions

Can I hold both WISE and XAIX in my portfolio?

WISE and XAIX 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 is riskier, WISE or XAIX?

WISE has higher volatility (11.39%) compared to XAIX (9.09%). In terms of maximum drawdown, WISE dropped -39.15% vs XAIX's -23.95%.

Which ETF is better, WISE or XAIX?

On 1-year performance, XAIX leads with 44.17% vs 0.31% for WISE. Both ETFs have the same 0.35% expense ratio. On volatility, XAIX has been the lower-risk option at 9.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WISE or XAIX?

Over the 1-year period, XAIX has performed better with a 44.17% return vs 0.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WISE or XAIX?

WISE and XAIX have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, WISE or XAIX?

WISE has the higher dividend yield at 4.53%, compared with 0.41% for XAIX.

What is the main difference between WISE and XAIX?

WISE tracks Solactive Generative Artificial Intelligence Index - Benchmark TR Gross, while XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index. They also come from different issuers: Themes and Xtrackers.

Which has better risk-adjusted returns?

XAIX currently has the higher Sharpe Ratio (1.72 vs 0.01), 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.