WTAI vs. SHOC

Last updated Aug 4, 2026

WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and SHOC (Strive U.S. Semiconductor ETF) are both exchange-traded funds - WTAI is a Artificial Intelligence fund tracking the WisdomTree Artificial Intelligence & Innovation Index, while SHOC is a Semiconductors fund tracking the Bloomberg US Listed Semiconductors Select Index. Both are passively managed. Over the past 3 years, WTAI returned 28.96%/yr vs 42.90%/yr for SHOC. Their correlation of 0.88 means they have usually moved in the same direction. WTAI charges 0.45%/yr vs 0.40%/yr for SHOC.

Performance

WTAI vs. SHOC - Performance Comparison

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

Returns By Period

In the year-to-date period, WTAI achieves a 37.13% return, which is significantly lower than SHOC's 47.76% return.

WTAI

• 1D: 3.87%
• 1M: -6.13%
• 6M: 31.19%
• YTD: 37.13%
• 1Y: 64.95%
• 3Y*: 28.96%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.11%

SHOC

• 1D: 0.59%
• 1M: -7.15%
• 6M: 31.91%
• YTD: 47.76%
• 1Y: 86.31%
• 3Y*: 42.90%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 44.74%

*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)
SHOC Strive U.S. Semiconductor ETF	$1.23M	$1.79M	$2.57M
WTAI WisdomTree Artificial Intelligence and Innovation Fund	$14.96M	$17.61M	$14.18M

WTAI vs. SHOC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WTAI WisdomTree Artificial Intelligence and Innovation Fund	37.13%	34.83%	6.53%	46.32%	-6.60%
SHOC Strive U.S. Semiconductor ETF	47.76%	49.91%	16.74%	61.97%	-1.79%

Correlation

The correlation between WTAI and SHOC is 0.89, 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.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (All Time) Calculated using the full available price history since Oct 6, 2022	0.88

The correlation between WTAI and SHOC has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

WTAI vs. SHOC - Sectors Allocation Comparison

Sectors	WTAI	SHOC
Technology	71.6%	100.0%
Consumer Cyclical	8.3%	-
Communication Services	7.2%	-
Industrials	5.6%	-
Financial Services	3.8%	-
Utilities	0.9%	-
Consumer Defensive	0.4%	-
Basic Materials	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

WTAI vs. SHOC — Risk / Return Rank

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

WTAI

WTAI Risk / Return Rank: 69
WTAI Sharpe Ratio Rank: 74
WTAI Sortino Ratio Rank: 65
WTAI Omega Ratio Rank: 67
WTAI Calmar Ratio Rank: 66
WTAI Martin Ratio Rank: 72

SHOC

SHOC Risk / Return Rank: 84
SHOC Sharpe Ratio Rank: 88
SHOC Sortino Ratio Rank: 78
SHOC Omega Ratio Rank: 79
SHOC Calmar Ratio Rank: 86
SHOC Martin Ratio Rank: 89

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. SHOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and Strive U.S. Semiconductor ETF (SHOC). 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	SHOC	Difference
Sharpe ratio: Return per unit of total volatility	1.73	2.17	-0.45
Sortino ratio: Return per unit of downside risk	2.21	2.58	-0.37
Omega ratio: Gain probability vs. loss probability	1.29	1.34	-0.05
Calmar ratio: Return relative to maximum drawdown	2.36	3.44	-1.08
Martin ratio: Return relative to average drawdown	9.14	13.91	-4.77

WTAI vs. SHOC - Sharpe Ratio Comparison

The current WTAI Sharpe Ratio is 1.73, which is comparable to the SHOC Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of WTAI and SHOC, 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. SHOC - Drawdown Comparison

The maximum WTAI drawdown since its inception was -45.96%, which is greater than SHOC's maximum drawdown of -37.54%. Use the drawdown chart below to compare losses from any high point for WTAI and SHOC.

Drawdown Indicators

	WTAI	SHOC	Difference
Max Drawdown Largest peak-to-trough decline	-45.96%	-37.54%	-8.42%
Max Drawdown (1Y) Largest decline over 1 year	-27.61%	-25.20%	-2.41%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	-37.54%	+5.71%
Current Drawdown Current decline from peak	-17.35%	-18.68%	+1.33%
Average Drawdown Average peak-to-trough decline	-19.54%	-7.60%	-11.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.13%	6.23%	+0.90%

Volatility

WTAI vs. SHOC - Volatility Comparison

WisdomTree Artificial Intelligence and Innovation Fund (WTAI) has a higher volatility of 17.28% compared to Strive U.S. Semiconductor ETF (SHOC) at 15.77%. This indicates that WTAI's price experiences larger fluctuations and is considered to be riskier than SHOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTAI	SHOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.28%	15.77%	+1.51%
Volatility (6M) Calculated over the trailing 6-month period	33.77%	33.92%	-0.15%
Volatility (1Y) Calculated over the trailing 1-year period	37.89%	40.04%	-2.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.74%	36.85%	-4.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.74%	36.85%	-4.11%

WTAI vs. SHOC - Expense Ratio Comparison

WTAI has a 0.45% expense ratio, which is higher than SHOC's 0.40% expense ratio.

Dividends

WTAI vs. SHOC - Dividend Comparison

WTAI's dividend yield for the trailing twelve months is around 1.32%, more than SHOC's 0.14% yield.

Position	TTM	2025	2024	2023	2022
SHOC Strive U.S. Semiconductor ETF	0.14%	0.23%	0.35%	0.65%	0.24%
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 SHOC in my portfolio?

WTAI and SHOC have a correlation of 0.89, 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 SHOC?

WTAI has higher volatility (17.28%) compared to SHOC (15.77%). In terms of maximum drawdown, WTAI dropped -45.96% vs SHOC's -37.54%.

Which ETF is better, WTAI or SHOC?

On 3-year performance, SHOC leads with 42.90% vs 28.96% for WTAI. On fees, SHOC is cheaper at 0.40% per year. On volatility, SHOC has been the lower-risk option at 15.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTAI or SHOC?

Over the 3-year period, SHOC has performed better with a 42.90% return vs 28.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTAI or SHOC?

SHOC is cheaper with a 0.40% expense ratio, compared with 0.45% for WTAI.

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

WTAI has the higher dividend yield at 1.32%, compared with 0.14% for SHOC.

What is the main difference between WTAI and SHOC?

WTAI is categorized as Artificial Intelligence, while SHOC is Semiconductors. WTAI tracks WisdomTree Artificial Intelligence & Innovation Index, while SHOC tracks Bloomberg US Listed Semiconductors Select Index. They also come from different issuers: WisdomTree and Strive. Their fees differ too: 0.45% for WTAI and 0.40% for SHOC.

Which has better risk-adjusted returns?

SHOC currently has the higher Sharpe Ratio (2.17 vs 1.73), 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.