WM vs. AIS
WM (Waste Management, Inc.) is a stock, while AIS (VistaShares Artificial Intelligence Supercycle ETF) is Technology Equities fund actively managed by VistaShares. Over the past year, WM returned -5.27% vs 204.96% for AIS. At a correlation of -0.22, they often move in opposite directions.
Performance
WM vs. AIS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WM achieves a 0.43% return, which is significantly lower than AIS's 113.37% return.
WM
- 1D
- 2.59%
- 1M
- 0.87%
- YTD
- 0.43%
- 6M
- 0.15%
- 1Y
- -5.27%
- 3Y*
- 11.43%
- 5Y*
- 11.30%
- 10Y*
- 15.19%
AIS
- 1D
- -8.85%
- 1M
- 12.86%
- YTD
- 113.37%
- 6M
- 114.50%
- 1Y
- 204.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WM vs. AIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WM Waste Management, Inc. | 0.43% | 10.50% | -10.06% |
AIS VistaShares Artificial Intelligence Supercycle ETF | 113.37% | 58.35% | -4.74% |
Correlation
The correlation between WM and AIS is -0.36, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.36 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2024 | -0.22 |
The correlation between WM and AIS shifts across timeframes, from -0.36 (1 year) to -0.22 (all time), reflecting how their relationship changes across market environments.
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
WM vs. AIS — Risk / Return Rank
WM
AIS
WM vs. AIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and VistaShares Artificial Intelligence Supercycle ETF (AIS). 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.
| WM | AIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.23 | ||
| Sortino ratioReturn per unit of downside risk | -4.76 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.65 | -0.68 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 13.02 | -13.34 |
| Martin ratioReturn relative to average drawdown | -0.68 | 39.90 | -40.59 |
Loading charts...
Drawdowns
WM vs. AIS - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, which is greater than AIS's maximum drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for WM and AIS.
Loading charts...
Drawdown Indicators
| WM | AIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.85% | -32.78% | -45.07% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | -15.84% | -0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.07% | — | — |
Current DrawdownCurrent decline from peak | -10.49% | -8.85% | -1.64% |
Average DrawdownAverage peak-to-trough decline | -17.68% | -5.48% | -12.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.73% | 5.16% | +2.57% |
Volatility
WM vs. AIS - Volatility Comparison
The current volatility for Waste Management, Inc. (WM) is 6.58%, while VistaShares Artificial Intelligence Supercycle ETF (AIS) has a volatility of 23.82%. This indicates that WM experiences smaller price fluctuations and is considered to be less risky than AIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WM | AIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.58% | 23.82% | -17.24% |
Volatility (6M)Calculated over the trailing 6-month period | 14.22% | 36.25% | -22.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.24% | 41.61% | -22.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.65% | 41.09% | -22.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.57% | 41.09% | -21.52% |
Dividends
WM vs. AIS - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.62%, while AIS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIS VistaShares Artificial Intelligence Supercycle ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WM Waste Management, Inc. | 1.62% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Frequently Asked Questions
WM and AIS have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIS has higher volatility (23.82%) compared to WM (6.58%). In terms of maximum drawdown, WM dropped -77.85% vs AIS's -32.78%.
AIS currently has the higher Sharpe Ratio (4.96 vs -0.28), 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 WM and AIS
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