WTAI vs. SHOC

Last updated Jun 4, 2026

WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and SHOC (Strive U.S. Semiconductor ETF) are both exchange-traded funds - WTAI is a Technology Equities fund tracking the WisdomTree Artificial Intelligence & Innovation Index, while SHOC is a Semiconductors fund tracking the Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, WTAI returned 37.21%/yr vs 53.55%/yr for SHOC. Their correlation of 0.87 suggests significant overlap in exposure. 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 59.81% return, which is significantly lower than SHOC's 73.38% return.

WTAI

• 1D: -0.89%
• 1M: 26.62%
• YTD: 59.81%
• 6M: 58.39%
• 1Y: 109.20%
• 3Y*: 37.21%
• 5Y*: —
• 10Y*: —

SHOC

• 1D: 0.94%
• 1M: 25.12%
• YTD: 73.38%
• 6M: 70.44%
• 1Y: 149.45%
• 3Y*: 53.55%
• 5Y*: —
• 10Y*: —

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

WTAI vs. SHOC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WTAI WisdomTree Artificial Intelligence and Innovation Fund	59.81%	34.83%	6.53%	46.32%	-6.42%
SHOC Strive U.S. Semiconductor ETF	73.38%	49.91%	16.74%	61.97%	-1.17%

Correlation

The correlation between WTAI and SHOC is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (All Time) Calculated using the full available price history since Oct 7, 2022	0.87

The correlation between WTAI and SHOC has been stable across timeframes, ranging from 0.83 to 0.87 - 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 risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WTAI

WTAI Risk / Return Rank: 92
WTAI Sharpe Ratio Rank: 95
WTAI Sortino Ratio Rank: 90
WTAI Omega Ratio Rank: 89
WTAI Calmar Ratio Rank: 94
WTAI Martin Ratio Rank: 91

SHOC

SHOC Risk / Return Rank: 95
SHOC Sharpe Ratio Rank: 97
SHOC Sortino Ratio Rank: 94
SHOC Omega Ratio Rank: 93
SHOC Calmar Ratio Rank: 97
SHOC 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. 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.

	WTAI	SHOC	Difference
Sharpe ratio: Return per unit of total volatility	3.87	4.78	-0.91
Sortino ratio: Return per unit of downside risk	4.29	4.84	-0.55
Omega ratio: Gain probability vs. loss probability	1.57	1.66	-0.09
Calmar ratio: Return relative to maximum drawdown	7.12	10.30	-3.18
Martin ratio: Return relative to average drawdown	22.73	38.30	-15.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTAI vs. SHOC - Sharpe Ratio Comparison

The current WTAI Sharpe Ratio is 3.87, which is comparable to the SHOC Sharpe Ratio of 4.78. 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.

Sharpe Ratios by Period

	WTAI	SHOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.87	4.78	-0.91
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	1.55	-1.04

Drawdowns

WTAI vs. SHOC - Drawdown Comparison

The maximum WTAI drawdown since its inception was -45.92%, 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	-45.92%	-37.54%	-8.38%
Max Drawdown (1Y) Largest decline over 1 year	-15.42%	-14.59%	-0.83%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	-37.54%	+5.71%
Current Drawdown Current decline from peak	-0.89%	0.00%	-0.89%
Average Drawdown Average peak-to-trough decline	-19.80%	-7.47%	-12.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.82%	3.92%	+0.90%

Volatility

WTAI vs. SHOC - Volatility Comparison

The current volatility for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is 10.86%, while Strive U.S. Semiconductor ETF (SHOC) has a volatility of 11.47%. This indicates that WTAI experiences smaller price fluctuations and is considered to be less risky 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	10.86%	11.47%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	22.71%	24.61%	-1.90%
Volatility (1Y) Calculated over the trailing 1-year period	28.39%	31.53%	-3.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.99%	35.16%	-4.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.99%	35.16%	-4.17%

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 1.13%, 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	1.13%	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 0.83, 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?

SHOC has higher volatility (11.47%) compared to WTAI (10.86%). In terms of maximum drawdown, WTAI dropped -45.92% vs SHOC's -37.54%.

Which ETF is better, WTAI or SHOC?

On 3-year performance, SHOC leads with 53.55% vs 37.21% for WTAI. On fees, SHOC is cheaper at 0.40% per year. On volatility, WTAI has been the lower-risk option at 10.86%. 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 53.55% return vs 37.21%. 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 1.13%, compared with 0.14% for SHOC.

What is the main difference between WTAI and SHOC?

WTAI is categorized as Technology Equities, while SHOC is Semiconductors. WTAI tracks WisdomTree Artificial Intelligence & Innovation Index, while SHOC tracks Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross. 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 (4.78 vs 3.87), 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.