WLDS vs. SPYG
WLDS (Wearable Devices Ltd.) is a stock, while SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) is S&P 500 fund tracking the S&P 500 Growth Index. Over the past 3 years, WLDS returned -89.09%/yr vs 25.06%/yr for SPYG. At a 0.17 correlation, their price movements are largely independent.
Performance
WLDS vs. SPYG - Performance Comparison
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Returns By Period
In the year-to-date period, WLDS achieves a -85.96% return, which is significantly lower than SPYG's 10.97% return.
WLDS
- 1D
- -9.43%
- 1M
- -38.47%
- 6M
- -86.21%
- YTD
- -85.96%
- 1Y
- -89.87%
- 3Y*
- -89.09%
- 5Y*
- —
- 10Y*
- —
SPYG
- 1D
- -1.58%
- 1M
- 1.15%
- 6M
- 9.34%
- YTD
- 10.97%
- 1Y
- 23.89%
- 3Y*
- 25.06%
- 5Y*
- 13.59%
- 10Y*
- 17.58%
WLDS vs. SPYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WLDS Wearable Devices Ltd. | -85.96% | -86.93% | -68.31% | -21.18% | -90.71% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 10.97% | 22.09% | 35.99% | 30.02% | -12.53% |
Correlation
The correlation between WLDS and SPYG is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2022 | 0.17 |
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Return for Risk
WLDS vs. SPYG — Risk / Return Rank
WLDS
SPYG
WLDS vs. SPYG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wearable Devices Ltd. (WLDS) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
| WLDS | SPYG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.24 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | 1.74 | -2.66 |
| Martin ratioReturn relative to average drawdown | -1.14 | 6.69 | -7.83 |
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Drawdowns
WLDS vs. SPYG - Drawdown Comparison
The maximum WLDS drawdown since its inception was -99.96%, which is greater than SPYG's maximum drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for WLDS and SPYG.
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Drawdown Indicators
| WLDS | SPYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.96% | -67.63% | -32.33% |
Max Drawdown (1Y)Largest decline over 1 year | -98.30% | -13.76% | -84.54% |
Max Drawdown (3Y)Largest decline over 3 years | -99.88% | -22.14% | -77.74% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.67% | — |
Current DrawdownCurrent decline from peak | -99.96% | -3.55% | -96.41% |
Average DrawdownAverage peak-to-trough decline | -91.67% | -24.24% | -67.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 78.94% | 3.58% | +75.36% |
Volatility
WLDS vs. SPYG - Volatility Comparison
Wearable Devices Ltd. (WLDS) has a higher volatility of 43.59% compared to State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) at 6.43%. This indicates that WLDS's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WLDS | SPYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 43.59% | 6.43% | +37.16% |
Volatility (6M)Calculated over the trailing 6-month period | 70.30% | 14.28% | +56.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 428.84% | 17.49% | +411.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 273.55% | 21.42% | +252.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 273.55% | 20.73% | +252.82% |
Dividends
WLDS vs. SPYG - Dividend Comparison
WLDS has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.49% | 0.52% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% |
WLDS Wearable Devices Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WLDS and SPYG have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WLDS has higher volatility (43.59%) compared to SPYG (6.43%). In terms of maximum drawdown, WLDS dropped -99.96% vs SPYG's -67.63%.
SPYG currently has the higher Sharpe Ratio (1.38 vs -0.21), 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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