WTAI vs. ASMH

Last updated Jul 17, 2026

WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and ASMH (ASML Holding NV ADR Hedged ETF) are both Technology Equities funds - WTAI tracks the WisdomTree Artificial Intelligence & Innovation Index while ASMH tracks the ASML Holding NV Sponsored ADR. Both are passively managed. Over the past year, WTAI returned 63.73% vs 143.52% for ASMH. A 0.66 correlation means they provide meaningful diversification when combined. WTAI charges 0.45%/yr vs 0.19%/yr for ASMH.

Performance

WTAI vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTAI achieves a 36.62% return, which is significantly lower than ASMH's 71.44% return.

WTAI

• 1D: -5.10%
• 1M: -11.26%
• 6M: 32.52%
• YTD: 36.62%
• 1Y: 63.73%
• 3Y*: 26.45%
• 5Y*: —
• 10Y*: —

ASMH

• 1D: -2.11%
• 1M: 0.25%
• 6M: 36.58%
• YTD: 71.44%
• 1Y: 143.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTAI vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
WTAI WisdomTree Artificial Intelligence and Innovation Fund	36.62%	66.74%
ASMH ASML Holding NV ADR Hedged ETF	71.44%	59.22%

Correlation

The correlation between WTAI and ASMH is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.66

The correlation between WTAI and ASMH has been stable across timeframes, ranging from 0.66 to 0.68 - a consistent structural relationship.

Return for Risk

WTAI vs. ASMH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WTAI

WTAI Risk / Return Rank: 70
WTAI Sharpe Ratio Rank: 70
WTAI Sortino Ratio Rank: 58
WTAI Omega Ratio Rank: 62
WTAI Calmar Ratio Rank: 84
WTAI Martin Ratio Rank: 76

ASMH

ASMH Risk / Return Rank: 95
ASMH Sharpe Ratio Rank: 97
ASMH Sortino Ratio Rank: 93
ASMH Omega Ratio Rank: 89
ASMH Calmar Ratio Rank: 98
ASMH Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WTAI vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

	WTAI	ASMH	Difference
Sharpe ratio: Return per unit of total volatility	1.80	3.37	-1.57
Sortino ratio: Return per unit of downside risk	2.23	3.73	-1.49
Omega ratio: Gain probability vs. loss probability	1.30	1.45	-0.15
Calmar ratio: Return relative to maximum drawdown	3.63	9.79	-6.16
Martin ratio: Return relative to average drawdown	11.22	28.17	-16.95

WTAI vs. ASMH - Sharpe Ratio Comparison

The current WTAI Sharpe Ratio is 1.80, which is lower than the ASMH Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of WTAI and ASMH, 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

WTAI vs. ASMH - Drawdown Comparison

The maximum WTAI drawdown since its inception was -45.96%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for WTAI and ASMH.

Drawdown Indicators

	WTAI	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-45.96%	-15.89%	-30.07%
Max Drawdown (1Y) Largest decline over 1 year	-17.66%	-14.75%	-2.91%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	—	—
Current Drawdown Current decline from peak	-17.66%	-10.51%	-7.15%
Average Drawdown Average peak-to-trough decline	-19.54%	-4.41%	-15.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.70%	5.17%	+0.53%

Volatility

WTAI vs. ASMH - Volatility Comparison

WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and ASML Holding NV ADR Hedged ETF (ASMH) have volatilities of 18.10% and 18.11%, 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

	WTAI	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.10%	18.11%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	31.31%	34.14%	-2.83%
Volatility (1Y) Calculated over the trailing 1-year period	35.57%	43.78%	-8.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.29%	41.26%	-8.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.29%	41.26%	-8.97%

WTAI vs. ASMH - Expense Ratio Comparison

WTAI has a 0.45% expense ratio, which is higher than ASMH's 0.19% expense ratio.

Dividends

WTAI vs. ASMH - Dividend Comparison

WTAI's dividend yield for the trailing twelve months is around 1.32%, less than ASMH's 1.63% yield.

Position	TTM	2025	2024	2023	2022
ASMH ASML Holding NV ADR Hedged ETF	1.63%	0.19%	0.00%	0.00%	0.00%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	1.32%	1.81%	0.19%	0.24%	0.22%

Frequently Asked Questions

Can I hold both WTAI and ASMH in my portfolio?

WTAI and ASMH have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTAI or ASMH?

ASMH has higher volatility (18.11%) compared to WTAI (18.10%). In terms of maximum drawdown, WTAI dropped -45.96% vs ASMH's -15.89%.

Which ETF is better, WTAI or ASMH?

On 1-year performance, ASMH leads with 143.52% vs 63.73% for WTAI. On fees, ASMH is cheaper at 0.19% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTAI or ASMH?

Over the 1-year period, ASMH has performed better with a 143.52% return vs 63.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTAI or ASMH?

ASMH is cheaper with a 0.19% expense ratio, compared with 0.45% for WTAI.

Which ETF pays a higher dividend yield, WTAI or ASMH?

ASMH has the higher dividend yield at 1.63%, compared with 1.32% for WTAI.

What is the main difference between WTAI and ASMH?

WTAI tracks WisdomTree Artificial Intelligence & Innovation Index, while ASMH tracks ASML Holding NV Sponsored ADR. They also come from different issuers: WisdomTree and Precidian Funds. Their fees differ too: 0.45% for WTAI and 0.19% for ASMH.

Which has better risk-adjusted returns?

ASMH currently has the higher Sharpe Ratio (3.37 vs 1.80), 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.