WTAI vs. TSM
Compare and contrast key facts about WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and Taiwan Semiconductor Manufacturing Company Limited (TSM).
WTAI is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Artificial Intelligence & Innovation Index. It was launched on Dec 7, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTAI or TSM.
Correlation
The correlation between WTAI and TSM is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WTAI vs. TSM - Performance Comparison
Loading data...
Key characteristics
WTAI:
0.34
TSM:
0.74
WTAI:
0.73
TSM:
1.34
WTAI:
1.10
TSM:
1.17
WTAI:
0.37
TSM:
1.03
WTAI:
1.10
TSM:
2.75
WTAI:
11.20%
TSM:
13.73%
WTAI:
33.57%
TSM:
46.70%
WTAI:
-45.92%
TSM:
-84.63%
WTAI:
-11.23%
TSM:
-13.30%
Returns By Period
In the year-to-date period, WTAI achieves a 0.50% return, which is significantly higher than TSM's -1.39% return.
WTAI
0.50%
20.95%
3.03%
11.48%
N/A
N/A
TSM
-1.39%
23.50%
1.87%
34.35%
32.62%
26.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
WTAI vs. TSM — Risk-Adjusted Performance Rank
WTAI
TSM
WTAI vs. TSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and Taiwan Semiconductor Manufacturing Company Limited (TSM). 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.
Loading data...
Dividends
WTAI vs. TSM - Dividend Comparison
WTAI's dividend yield for the trailing twelve months is around 0.19%, less than TSM's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTAI WisdomTree Artificial Intelligence and Innovation Fund | 0.19% | 0.19% | 0.24% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.27% | 1.18% | 1.78% | 2.48% | 1.56% | 1.58% | 3.49% | 3.55% | 2.32% | 2.61% | 2.54% | 1.79% |
Drawdowns
WTAI vs. TSM - Drawdown Comparison
The maximum WTAI drawdown since its inception was -45.92%, smaller than the maximum TSM drawdown of -84.63%. Use the drawdown chart below to compare losses from any high point for WTAI and TSM. For additional features, visit the drawdowns tool.
Loading data...
Volatility
WTAI vs. TSM - Volatility Comparison
The current volatility for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is 9.45%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 11.52%. This indicates that WTAI experiences smaller price fluctuations and is considered to be less risky than TSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...