WTAI vs. IYW
WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and IYW (iShares U.S. Technology ETF) are both exchange-traded funds - WTAI is a Artificial Intelligence fund tracking the WisdomTree Artificial Intelligence & Innovation Index, while IYW is a Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index. Both are passively managed. Over the past 3 years, WTAI returned 30.54%/yr vs 32.49%/yr for IYW. Their correlation of 0.91 means they have usually moved in the same direction. WTAI charges 0.45%/yr vs 0.38%/yr for IYW.
Performance
WTAI vs. IYW - Performance Comparison
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Returns By Period
In the year-to-date period, WTAI achieves a 42.24% return, which is significantly higher than IYW's 25.92% return.
WTAI
- 1D
- -1.66%
- 1M
- -5.45%
- 6M
- 43.28%
- YTD
- 42.24%
- 1Y
- 67.57%
- 3Y*
- 30.54%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.97%
IYW
- 1D
- -0.90%
- 1M
- 1.57%
- 6M
- 32.06%
- YTD
- 25.92%
- 1Y
- 39.93%
- 3Y*
- 32.49%
- 5Y*
- 19.51%
- 10Y*
- 24.78%
- ALL TIME*
- 9.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $147.27M | $137.39M | $186.55M | |
| $10.98M | $17.74M | $14.46M |
WTAI vs. IYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WTAI WisdomTree Artificial Intelligence and Innovation Fund | 42.24% | 34.83% | 6.53% | 46.32% | -42.27% | -1.93% |
IYW iShares U.S. Technology ETF | 25.92% | 25.38% | 30.25% | 65.44% | -34.83% | -0.73% |
Correlation
The correlation between WTAI and IYW is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2021 | 0.91 |
The correlation between WTAI and IYW has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
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Return for Risk
WTAI vs. IYW — Risk / Return Rank
WTAI
IYW
WTAI vs. IYW - 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. Technology ETF (IYW). 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 | IYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.28 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 2.25 | +0.21 |
| Martin ratioReturn relative to average drawdown | 9.38 | 6.62 | +2.76 |
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Drawdowns
WTAI vs. IYW - Drawdown Comparison
The maximum WTAI drawdown since its inception was -45.96%, smaller than the maximum IYW drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for WTAI and IYW.
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Drawdown Indicators
| WTAI | IYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.96% | -81.90% | +35.94% |
Max Drawdown (1Y)Largest decline over 1 year | -27.61% | -17.81% | -9.80% |
Max Drawdown (3Y)Largest decline over 3 years | -31.83% | -26.47% | -5.36% |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.44% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.44% | — |
Current DrawdownCurrent decline from peak | -14.27% | -3.31% | -10.96% |
Average DrawdownAverage peak-to-trough decline | -19.53% | -34.47% | +14.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.23% | 6.05% | +1.18% |
Volatility
WTAI vs. IYW - Volatility Comparison
WisdomTree Artificial Intelligence and Innovation Fund (WTAI) has a higher volatility of 17.46% compared to iShares U.S. Technology ETF (IYW) at 8.66%. This indicates that WTAI's price experiences larger fluctuations and is considered to be riskier than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTAI | IYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.46% | 8.66% | +8.80% |
Volatility (6M)Calculated over the trailing 6-month period | 34.15% | 20.15% | +14.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.15% | 24.03% | +14.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.82% | 26.56% | +6.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.82% | 25.40% | +7.42% |
WTAI vs. IYW - Expense Ratio Comparison
WTAI has a 0.45% expense ratio, which is higher than IYW's 0.38% expense ratio.
Dividends
WTAI vs. IYW - Dividend Comparison
WTAI's dividend yield for the trailing twelve months is around 1.27%, more than IYW's 0.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYW iShares U.S. Technology ETF | 0.10% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
WTAI WisdomTree Artificial Intelligence and Innovation Fund | 1.27% | 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
With a correlation of 0.92, WTAI and IYW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
WTAI has higher volatility (17.46%) compared to IYW (8.66%). In terms of maximum drawdown, WTAI dropped -45.96% vs IYW's -81.90%.
On 3-year performance, IYW leads with 32.49% vs 30.54% for WTAI. On fees, IYW is cheaper at 0.38% per year. On volatility, IYW has been the lower-risk option at 8.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IYW has performed better with a 32.49% return vs 30.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IYW is cheaper with a 0.38% expense ratio, compared with 0.45% for WTAI.
WTAI has the higher dividend yield at 1.27%, compared with 0.10% for IYW.
WTAI is categorized as Artificial Intelligence, while IYW is Technology Equities. WTAI tracks WisdomTree Artificial Intelligence & Innovation Index, while IYW tracks Russell 1000 Technology RIC 22.5/45 Capped Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.45% for WTAI and 0.38% for IYW.
WTAI currently has the higher Sharpe Ratio (1.78 vs 1.67), 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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