WTAI vs. IAK

Last updated Aug 2, 2026

WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and IAK (iShares U.S. Insurance ETF) are both exchange-traded funds - WTAI is a Artificial Intelligence fund tracking the WisdomTree Artificial Intelligence & Innovation Index, while IAK is a Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index. Both are passively managed. Over the past 3 years, WTAI returned 24.91%/yr vs 19.72%/yr for IAK. Their 0.17 correlation means their historical movements had little consistent relationship. WTAI charges 0.45%/yr vs 0.38%/yr for IAK.

Performance

WTAI vs. IAK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and iShares U.S. Insurance ETF (IAK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTAI achieves a 32.02% return, which is significantly higher than IAK's 10.07% return.

WTAI

• 1D: 1.18%
• 1M: -9.63%
• 6M: 27.01%
• YTD: 32.02%
• 1Y: 58.80%
• 3Y*: 24.91%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.22%

IAK

• 1D: -0.31%
• 1M: -0.06%
• 6M: 12.67%
• YTD: 10.07%
• 1Y: 19.63%
• 3Y*: 19.72%
• 5Y*: 15.95%
• 10Y*: 13.45%
• ALL TIME*: 7.39%

*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)
IAK iShares U.S. Insurance ETF	$14.76M	$20.90M	$11.89M
WTAI WisdomTree Artificial Intelligence and Innovation Fund	$14.53M	$18.03M	$13.96M

WTAI vs. IAK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WTAI WisdomTree Artificial Intelligence and Innovation Fund	32.02%	34.83%	6.53%	46.32%	-42.27%	-1.93%
IAK iShares U.S. Insurance ETF	10.07%	9.50%	28.25%	11.28%	11.33%	2.63%

Correlation

The correlation between WTAI and IAK is -0.31, 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.	-0.31
Correlation (3Y) Balances recent behavior with more history.	-0.02
Correlation (All Time) Calculated using the full available price history since Dec 9, 2021	0.17

The correlation between WTAI and IAK shifts across timeframes, from -0.31 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

WTAI vs. IAK - Sectors Allocation Comparison

Sectors	WTAI	IAK
Technology	71.6%	-
Consumer Cyclical	8.3%	-
Communication Services	7.2%	-
Industrials	5.6%	-
Financial Services	3.8%	99.3%
Utilities	0.9%	-
Consumer Defensive	0.4%	-
Basic Materials	-	-
Energy	-	-
Healthcare	-	0.7%
Real Estate	-	-

Return for Risk

WTAI vs. IAK — Risk / Return Rank

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

WTAI

WTAI Risk / Return Rank: 59
WTAI Sharpe Ratio Rank: 61
WTAI Sortino Ratio Rank: 57
WTAI Omega Ratio Rank: 58
WTAI Calmar Ratio Rank: 55
WTAI Martin Ratio Rank: 64

IAK

IAK Risk / Return Rank: 53
IAK Sharpe Ratio Rank: 48
IAK Sortino Ratio Rank: 48
IAK Omega Ratio Rank: 45
IAK Calmar Ratio Rank: 71
IAK Martin Ratio Rank: 52

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.

WTAI vs. IAK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and iShares U.S. Insurance ETF (IAK). 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	IAK	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.17	+0.26
Sortino ratio: Return per unit of downside risk	1.92	1.72	+0.20
Omega ratio: Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio: Return relative to maximum drawdown	1.96	2.45	-0.49
Martin ratio: Return relative to average drawdown	7.66	5.96	+1.70

WTAI vs. IAK - Sharpe Ratio Comparison

The current WTAI Sharpe Ratio is 1.43, which is comparable to the IAK Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of WTAI and IAK, 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. IAK - Drawdown Comparison

The maximum WTAI drawdown since its inception was -45.96%, smaller than the maximum IAK drawdown of -77.38%. Use the drawdown chart below to compare losses from any high point for WTAI and IAK.

Drawdown Indicators

	WTAI	IAK	Difference
Max Drawdown Largest peak-to-trough decline	-45.96%	-77.38%	+31.42%
Max Drawdown (1Y) Largest decline over 1 year	-27.61%	-7.62%	-19.99%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	-11.58%	-20.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-14.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.95%	—
Current Drawdown Current decline from peak	-20.43%	-3.23%	-17.20%
Average Drawdown Average peak-to-trough decline	-19.54%	-16.01%	-3.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.05%	3.13%	+3.92%

Volatility

WTAI vs. IAK - Volatility Comparison

WisdomTree Artificial Intelligence and Innovation Fund (WTAI) has a higher volatility of 17.48% compared to iShares U.S. Insurance ETF (IAK) at 7.03%. This indicates that WTAI's price experiences larger fluctuations and is considered to be riskier than IAK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTAI	IAK	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.48%	7.03%	+10.45%
Volatility (6M) Calculated over the trailing 6-month period	33.66%	12.43%	+21.23%
Volatility (1Y) Calculated over the trailing 1-year period	37.82%	16.00%	+21.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.70%	18.13%	+14.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.70%	20.92%	+11.78%

WTAI vs. IAK - Expense Ratio Comparison

WTAI has a 0.45% expense ratio, which is higher than IAK's 0.38% expense ratio.

Dividends

WTAI vs. IAK - Dividend Comparison

WTAI's dividend yield for the trailing twelve months is around 1.37%, less than IAK's 2.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IAK iShares U.S. Insurance ETF	2.43%	1.69%	1.49%	1.44%	1.69%	2.26%	2.07%	1.84%	2.33%	1.62%	1.68%	1.62%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	1.37%	1.81%	0.19%	0.24%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTAI and IAK in my portfolio?

WTAI and IAK have a correlation of -0.31, 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 IAK?

WTAI has higher volatility (17.48%) compared to IAK (7.03%). In terms of maximum drawdown, WTAI dropped -45.96% vs IAK's -77.38%.

Which ETF is better, WTAI or IAK?

On 3-year performance, WTAI leads with 24.91% vs 19.72% for IAK. On fees, IAK is cheaper at 0.38% per year. On volatility, IAK has been the lower-risk option at 7.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTAI or IAK?

Over the 3-year period, WTAI has performed better with a 24.91% return vs 19.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTAI or IAK?

IAK is cheaper with a 0.38% expense ratio, compared with 0.45% for WTAI.

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

IAK has the higher dividend yield at 2.43%, compared with 1.37% for WTAI.

What is the main difference between WTAI and IAK?

WTAI is categorized as Artificial Intelligence, while IAK is Financials Equities. WTAI tracks WisdomTree Artificial Intelligence & Innovation Index, while IAK tracks Dow Jones U.S. Select Insurance Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.45% for WTAI and 0.38% for IAK.

Which has better risk-adjusted returns?

WTAI currently has the higher Sharpe Ratio (1.43 vs 1.17), 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.