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 -88.60%/yr vs 25.48%/yr for SPYG. At a 0.17 correlation, their price movements are largely independent.
Performance
WLDS vs. SPYG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WLDS achieves a -81.58% return, which is significantly lower than SPYG's 8.70% return.
WLDS
- 1D
- 3.85%
- 1M
- -26.06%
- YTD
- -81.58%
- 6M
- -84.67%
- 1Y
- -85.21%
- 3Y*
- -88.60%
- 5Y*
- —
- 10Y*
- —
SPYG
- 1D
- -2.40%
- 1M
- -2.07%
- YTD
- 8.70%
- 6M
- 7.46%
- 1Y
- 26.87%
- 3Y*
- 25.48%
- 5Y*
- 14.11%
- 10Y*
- 18.05%
WLDS vs. SPYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WLDS Wearable Devices Ltd. | -81.58% | -86.93% | -68.31% | -21.18% | -90.71% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 8.70% | 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 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | -1.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.28 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 1.96 | -2.83 |
| Martin ratioReturn relative to average drawdown | -1.12 | 7.79 | -8.91 |
Loading charts...
Drawdowns
WLDS vs. SPYG - Drawdown Comparison
The maximum WLDS drawdown since its inception was -99.95%, 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.
Loading charts...
Drawdown Indicators
| WLDS | SPYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.95% | -67.63% | -32.32% |
Max Drawdown (1Y)Largest decline over 1 year | -97.85% | -13.76% | -84.09% |
Max Drawdown (3Y)Largest decline over 3 years | -99.86% | -22.14% | -77.72% |
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 | -99.94% | -5.52% | -94.42% |
Average DrawdownAverage peak-to-trough decline | -91.56% | -24.28% | -67.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 75.75% | 3.46% | +72.29% |
Volatility
WLDS vs. SPYG - Volatility Comparison
Wearable Devices Ltd. (WLDS) has a higher volatility of 46.19% compared to State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) at 7.26%. 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.
Loading charts...
Volatility by Period
| WLDS | SPYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 46.19% | 7.26% | +38.93% |
Volatility (6M)Calculated over the trailing 6-month period | 72.87% | 13.90% | +58.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 428.54% | 17.26% | +411.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 275.32% | 21.36% | +253.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 275.32% | 20.73% | +254.59% |
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 0.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.50% | 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 (46.19%) compared to SPYG (7.26%). In terms of maximum drawdown, WLDS dropped -99.95% vs SPYG's -67.63%.
SPYG currently has the higher Sharpe Ratio (1.57 vs -0.20), 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.
Find the right allocation for WLDS and SPYG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer