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 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WTAI vs. TSM - Performance Comparison
Key characteristics
WTAI:
0.31
TSM:
2.36
WTAI:
0.58
TSM:
3.07
WTAI:
1.07
TSM:
1.37
WTAI:
0.27
TSM:
3.59
WTAI:
1.04
TSM:
13.01
WTAI:
7.55%
TSM:
7.33%
WTAI:
25.14%
TSM:
40.46%
WTAI:
-45.92%
TSM:
-84.63%
WTAI:
-9.35%
TSM:
-2.76%
Returns By Period
In the year-to-date period, WTAI achieves a 9.34% return, which is significantly lower than TSM's 96.62% return.
WTAI
9.34%
4.55%
8.28%
7.88%
N/A
N/A
TSM
96.62%
11.63%
16.80%
95.30%
30.65%
27.87%
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 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.
Dividends
WTAI vs. TSM - Dividend Comparison
WTAI's dividend yield for the trailing twelve months is around 0.19%, less than TSM's 1.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTAI WisdomTree Artificial Intelligence and Innovation Fund | 0.19% | 0.24% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.16% | 1.78% | 2.48% | 1.56% | 1.58% | 3.49% | 3.55% | 2.32% | 2.61% | 2.54% | 1.79% | 2.30% |
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.
Volatility
WTAI vs. TSM - Volatility Comparison
The current volatility for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is 7.91%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 11.22%. 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.