WLDS vs. XSMO
WLDS (Wearable Devices Ltd.) is a stock, while XSMO (Invesco S&P SmallCap Momentum ETF) is Momentum fund tracking the S&P SmallCap 600 Momentum Index. Over the past 3 years, WLDS returned -89.54%/yr vs 22.11%/yr for XSMO. At a 0.11 correlation, their price movements are largely independent.
Performance
WLDS vs. XSMO - Performance Comparison
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Returns By Period
In the year-to-date period, WLDS achieves a -86.84% return, which is significantly lower than XSMO's 22.73% return.
WLDS
- 1D
- -8.16%
- 1M
- -43.90%
- 6M
- -87.18%
- YTD
- -86.84%
- 1Y
- -90.51%
- 3Y*
- -89.54%
- 5Y*
- —
- 10Y*
- —
XSMO
- 1D
- -0.72%
- 1M
- -0.78%
- 6M
- 14.09%
- YTD
- 22.73%
- 1Y
- 29.29%
- 3Y*
- 22.11%
- 5Y*
- 12.82%
- 10Y*
- 14.30%
WLDS vs. XSMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WLDS Wearable Devices Ltd. | -86.84% | -86.93% | -68.31% | -21.18% | -90.71% |
XSMO Invesco S&P SmallCap Momentum ETF | 22.73% | 9.80% | 17.45% | 21.55% | -2.15% |
Correlation
The correlation between WLDS and XSMO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2022 | 0.11 |
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Return for Risk
WLDS vs. XSMO — Risk / Return Rank
WLDS
XSMO
WLDS vs. XSMO - Risk-Adjusted Trends 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.
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 | XSMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.72 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.26 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | 3.31 | -4.23 |
| Martin ratioReturn relative to average drawdown | -1.14 | 10.55 | -11.69 |
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Drawdowns
WLDS vs. XSMO - Drawdown Comparison
The maximum WLDS drawdown since its inception was -99.96%, which is greater than XSMO's maximum drawdown of -58.06%. Use the drawdown chart below to compare losses from any high point for WLDS and XSMO.
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Drawdown Indicators
| WLDS | XSMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.96% | -58.06% | -41.90% |
Max Drawdown (1Y)Largest decline over 1 year | -98.41% | -8.89% | -89.52% |
Max Drawdown (3Y)Largest decline over 3 years | -99.88% | -24.76% | -75.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.39% | — |
Current DrawdownCurrent decline from peak | -99.96% | -5.90% | -94.06% |
Average DrawdownAverage peak-to-trough decline | -91.70% | -11.08% | -80.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 79.66% | 2.78% | +76.88% |
Volatility
WLDS vs. XSMO - Volatility Comparison
Wearable Devices Ltd. (WLDS) has a higher volatility of 34.52% compared to Invesco S&P SmallCap Momentum ETF (XSMO) at 5.46%. 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.
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Volatility by Period
| WLDS | XSMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.52% | 5.46% | +29.06% |
Volatility (6M)Calculated over the trailing 6-month period | 70.85% | 15.30% | +55.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 428.09% | 19.57% | +408.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 273.16% | 22.61% | +250.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 273.16% | 24.10% | +249.06% |
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 0.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.54% | 0.75% | 0.63% | 0.96% | 1.19% | 0.30% | 0.82% | 0.69% | 0.66% | 0.27% | 0.30% | 0.35% |
Frequently Asked Questions
WLDS and XSMO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WLDS has higher volatility (34.52%) compared to XSMO (5.46%). In terms of maximum drawdown, WLDS dropped -99.96% vs XSMO's -58.06%.
XSMO currently has the higher Sharpe Ratio (1.50 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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