WM vs. XAIX

Last updated Aug 1, 2026

WM (Waste Management, Inc.) is a stock, while XAIX (Xtrackers Artificial Intelligence and Big Data ETF) is Artificial Intelligence fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index. Over the past year, WM returned 0.57% vs 41.00% for XAIX. Their -0.14 correlation means they have often moved in opposite directions in the past.

Performance

WM vs. XAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Waste Management, Inc. (WM) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WM achieves a 3.97% return, which is significantly lower than XAIX's 23.93% return.

WM

• 1D: 0.10%
• 1M: -1.67%
• 6M: 2.79%
• YTD: 3.97%
• 1Y: 0.57%
• 3Y*: 13.43%
• 5Y*: 10.57%
• 10Y*: 15.16%
• ALL TIME*: 10.50%

XAIX

• 1D: 1.60%
• 1M: -2.20%
• 6M: 21.95%
• YTD: 23.93%
• 1Y: 41.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 35.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
WM Waste Management, Inc.	$446.41M	$426.54M	$482.07M
XAIX Xtrackers Artificial Intelligence and Big Data ETF	$920.82K	$1.57M	$1.97M

WM vs. XAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WM Waste Management, Inc.	3.97%	10.50%	-1.39%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	23.93%	29.05%	15.21%

Correlation

The correlation between WM and XAIX is -0.42, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.42
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024	-0.14

Over the past year, the inverse relationship between WM and XAIX has strengthened: their correlation has moved from -0.14 to -0.42, meaning they now move in opposite directions more often than their long-term average.

Return for Risk

WM vs. XAIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WM

WM Risk / Return Rank: 42
WM Sharpe Ratio Rank: 45
WM Sortino Ratio Rank: 37
WM Omega Ratio Rank: 37
WM Calmar Ratio Rank: 46
WM Martin Ratio Rank: 45

XAIX

XAIX Risk / Return Rank: 60
XAIX Sharpe Ratio Rank: 63
XAIX Sortino Ratio Rank: 58
XAIX Omega Ratio Rank: 59
XAIX Calmar Ratio Rank: 64
XAIX Martin Ratio Rank: 57

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WM vs. XAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). 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	XAIX	Difference
Sharpe ratio: Return per unit of total volatility	0.02	1.45	-1.43
Sortino ratio: Return per unit of downside risk	0.17	1.97	-1.80
Omega ratio: Gain probability vs. loss probability	1.02	1.25	-0.23
Calmar ratio: Return relative to maximum drawdown	0.03	2.21	-2.19
Martin ratio: Return relative to average drawdown	0.06	6.70	-6.64

WM vs. XAIX - Sharpe Ratio Comparison

The current WM Sharpe Ratio is 0.02, which is lower than the XAIX Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of WM and XAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WM vs. XAIX - Drawdown Comparison

The maximum WM drawdown since its inception was -77.85%, which is greater than XAIX's maximum drawdown of -23.95%. Use the drawdown chart below to compare losses from any high point for WM and XAIX.

Drawdown Indicators

	WM	XAIX	Difference
Max Drawdown Largest peak-to-trough decline	-77.85%	-23.95%	-53.90%
Max Drawdown (1Y) Largest decline over 1 year	-16.70%	-16.95%	+0.25%
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 Drawdown Current decline from peak	-7.33%	-12.74%	+5.41%
Average Drawdown Average peak-to-trough decline	-17.64%	-3.99%	-13.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.86%	5.59%	+2.27%

Volatility

WM vs. XAIX - Volatility Comparison

Waste Management, Inc. (WM) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX) have volatilities of 8.87% and 9.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WM	XAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.87%	9.18%	-0.31%
Volatility (6M) Calculated over the trailing 6-month period	15.76%	22.99%	-7.23%
Volatility (1Y) Calculated over the trailing 1-year period	20.33%	25.88%	-5.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.01%	25.09%	-6.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.73%	25.09%	-5.36%

Dividends

WM vs. XAIX - Dividend Comparison

WM's dividend yield for the trailing twelve months is around 1.56%, more than XAIX's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WM Waste Management, Inc.	1.56%	1.50%	1.49%	1.56%	1.66%	1.38%	1.85%	1.80%	2.09%	1.97%	2.31%	2.89%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.42%	0.54%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WM and XAIX in my portfolio?

WM and XAIX have a correlation of -0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WM or XAIX?

XAIX has higher volatility (9.18%) compared to WM (8.87%). In terms of maximum drawdown, WM dropped -77.85% vs XAIX's -23.95%.

Which has better risk-adjusted returns?

XAIX currently has the higher Sharpe Ratio (1.45 vs 0.02), 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.