WLDS vs. XSMO
Compare and contrast key facts about Wearable Devices Ltd. (WLDS) and Invesco S&P SmallCap Momentum ETF (XSMO).
XSMO is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Index. It was launched on Mar 3, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WLDS or XSMO.
Correlation
The correlation between WLDS and XSMO is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WLDS vs. XSMO - Performance Comparison
Key characteristics
WLDS:
-0.68
XSMO:
1.06
WLDS:
-1.56
XSMO:
1.66
WLDS:
0.83
XSMO:
1.20
WLDS:
-0.89
XSMO:
1.89
WLDS:
-1.48
XSMO:
4.96
WLDS:
58.99%
XSMO:
4.44%
WLDS:
127.15%
XSMO:
20.67%
WLDS:
-98.70%
XSMO:
-58.07%
WLDS:
-98.33%
XSMO:
-6.94%
Returns By Period
In the year-to-date period, WLDS achieves a -54.72% return, which is significantly lower than XSMO's 3.51% return.
WLDS
-54.72%
-34.20%
-88.11%
-88.78%
N/A
N/A
XSMO
3.51%
0.69%
8.47%
17.24%
11.60%
11.30%
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Risk-Adjusted Performance
WLDS vs. XSMO — Risk-Adjusted Performance Rank
WLDS
XSMO
WLDS vs. XSMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wearable Devices Ltd. (WLDS) and Invesco S&P SmallCap Momentum ETF (XSMO). 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.
Dividends
WLDS vs. XSMO - Dividend Comparison
WLDS has not paid dividends to shareholders, while XSMO's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XSMO Invesco S&P SmallCap Momentum ETF | 0.61% | 0.63% | 0.96% | 1.19% | 0.30% | 0.82% | 0.69% | 0.65% | 0.28% | 0.30% | 0.35% | 1.31% |
Drawdowns
WLDS vs. XSMO - Drawdown Comparison
The maximum WLDS drawdown since its inception was -98.70%, which is greater than XSMO's maximum drawdown of -58.07%. Use the drawdown chart below to compare losses from any high point for WLDS and XSMO. For additional features, visit the drawdowns tool.
Volatility
WLDS vs. XSMO - Volatility Comparison
Wearable Devices Ltd. (WLDS) has a higher volatility of 46.01% compared to Invesco S&P SmallCap Momentum ETF (XSMO) at 3.99%. This indicates that WLDS's price experiences larger fluctuations and is considered to be riskier than XSMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.