WTAI vs. TCAI

Last updated Aug 4, 2026

WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and TCAI (Tortoise AI Infrastructure ETF) are both Artificial Intelligence funds. WTAI is passively managed, while TCAI is actively managed. Their correlation of 0.85 means they have usually moved in the same direction. WTAI charges 0.45%/yr vs 0.65%/yr for TCAI.

Performance

WTAI vs. TCAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and Tortoise AI Infrastructure ETF (TCAI). 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 TCAI's 60.69% 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%

TCAI

• 1D: 3.49%
• 1M: -4.18%
• 6M: 39.26%
• YTD: 60.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
TCAI Tortoise AI Infrastructure ETF	$4.59M	$5.30M	$6.77M
WTAI WisdomTree Artificial Intelligence and Innovation Fund	$14.96M	$17.61M	$14.18M

WTAI vs. TCAI - Yearly Performance Comparison

	2026 (YTD)	2025
WTAI WisdomTree Artificial Intelligence and Innovation Fund	37.13%	17.20%
TCAI Tortoise AI Infrastructure ETF	60.69%	17.27%

Correlation

The correlation between WTAI and TCAI is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 5, 2025	0.85

WTAI vs. TCAI - Sectors Allocation Comparison

Sectors	WTAI	TCAI
Technology	71.6%	44.4%
Consumer Cyclical	8.3%	2.1%
Communication Services	7.2%	2.2%
Industrials	5.6%	30.5%
Financial Services	3.8%	7.2%
Utilities	0.9%	9.8%
Consumer Defensive	0.4%	-
Basic Materials	-	-
Energy	-	3.9%
Healthcare	-	-
Real Estate	-	0.6%

Return for Risk

WTAI vs. TCAI — 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

TCAI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. TCAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and Tortoise AI Infrastructure ETF (TCAI). 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	TCAI	Difference
Sharpe ratio: Return per unit of total volatility	1.73	—	—
Sortino ratio: Return per unit of downside risk	2.21	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.36	—	—
Martin ratio: Return relative to average drawdown	9.14	—	—

Drawdowns

WTAI vs. TCAI - Drawdown Comparison

The maximum WTAI drawdown since its inception was -45.96%, which is greater than TCAI's maximum drawdown of -28.82%. Use the drawdown chart below to compare losses from any high point for WTAI and TCAI.

Drawdown Indicators

	WTAI	TCAI	Difference
Max Drawdown Largest peak-to-trough decline	-45.96%	-28.82%	-17.14%
Max Drawdown (1Y) Largest decline over 1 year	-27.61%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	—	—
Current Drawdown Current decline from peak	-17.35%	-18.15%	+0.80%
Average Drawdown Average peak-to-trough decline	-19.54%	-4.77%	-14.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.13%	—	—

Volatility

Volatility by Period

	WTAI	TCAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	33.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.89%	41.75%	-3.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.74%	41.75%	-9.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.74%	41.75%	-9.01%

WTAI vs. TCAI - Expense Ratio Comparison

WTAI has a 0.45% expense ratio, which is lower than TCAI's 0.65% expense ratio.

Dividends

WTAI vs. TCAI - Dividend Comparison

WTAI's dividend yield for the trailing twelve months is around 1.32%, more than TCAI's 0.03% yield.

Position	TTM	2025	2024	2023	2022
TCAI Tortoise AI Infrastructure ETF	0.03%	0.05%	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 TCAI in my portfolio?

WTAI and TCAI have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTAI or TCAI?

On fees, WTAI is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTAI or TCAI?

WTAI is cheaper with a 0.45% expense ratio, compared with 0.65% for TCAI.

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

WTAI has the higher dividend yield at 1.32%, compared with 0.03% for TCAI.

What is the main difference between WTAI and TCAI?

They also come from different issuers: WisdomTree and Tortoise. Their fees differ too: 0.45% for WTAI and 0.65% for TCAI.