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 -88.60%/yr vs 25.58%/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 -81.58% return, which is significantly lower than XSMO's 25.14% return.
WLDS
- 1D
- 0.00%
- 1M
- -26.06%
- YTD
- -81.58%
- 6M
- -83.85%
- 1Y
- -86.87%
- 3Y*
- -88.60%
- 5Y*
- —
- 10Y*
- —
XSMO
- 1D
- 0.73%
- 1M
- 4.54%
- YTD
- 25.14%
- 6M
- 20.60%
- 1Y
- 33.80%
- 3Y*
- 25.58%
- 5Y*
- 11.62%
- 10Y*
- 15.33%
WLDS vs. XSMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WLDS Wearable Devices Ltd. | -81.58% | -86.93% | -68.31% | -21.18% | -90.71% |
XSMO Invesco S&P SmallCap Momentum ETF | 25.14% | 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 | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.30 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 3.82 | -4.71 |
| Martin ratioReturn relative to average drawdown | -1.14 | 12.90 | -14.04 |
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Drawdowns
WLDS vs. XSMO - Drawdown Comparison
The maximum WLDS drawdown since its inception was -99.95%, 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 | -99.95% | -58.06% | -41.89% |
Max Drawdown (1Y)Largest decline over 1 year | -97.85% | -8.89% | -88.96% |
Max Drawdown (3Y)Largest decline over 3 years | -99.85% | -24.76% | -75.09% |
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 | -99.94% | -0.33% | -99.61% |
Average DrawdownAverage peak-to-trough decline | -91.57% | -11.11% | -80.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 76.00% | 2.63% | +73.37% |
Volatility
WLDS vs. XSMO - Volatility Comparison
Wearable Devices Ltd. (WLDS) has a higher volatility of 45.46% compared to Invesco S&P SmallCap Momentum ETF (XSMO) at 7.29%. 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 | 45.46% | 7.29% | +38.17% |
Volatility (6M)Calculated over the trailing 6-month period | 72.76% | 14.94% | +57.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 428.10% | 19.39% | +408.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 275.18% | 22.64% | +252.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 275.18% | 24.12% | +251.06% |
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 0.53%.
| 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 | 0.53% | 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 (45.46%) compared to XSMO (7.29%). In terms of maximum drawdown, WLDS dropped -99.95% vs XSMO's -58.06%.
XSMO currently has the higher Sharpe Ratio (1.75 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.
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