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.
Performance
WTAI vs. TSM - Performance Comparison
Loading graphics...
WTAI vs. TSM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WTAI WisdomTree Artificial Intelligence and Innovation Fund | -3.12% | 34.83% | 6.53% | 46.32% | -42.27% | -0.83% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 11.52% | 55.91% | 92.58% | 42.33% | -36.75% | 1.09% |
Returns By Period
In the year-to-date period, WTAI achieves a -3.12% return, which is significantly lower than TSM's 11.52% return.
WTAI
- 1D
- 5.61%
- 1M
- -6.27%
- YTD
- -3.12%
- 6M
- 0.62%
- 1Y
- 51.25%
- 3Y*
- 18.03%
- 5Y*
- —
- 10Y*
- —
TSM
- 1D
- 6.78%
- 1M
- -9.52%
- YTD
- 11.52%
- 6M
- 21.66%
- 1Y
- 106.05%
- 3Y*
- 56.00%
- 5Y*
- 24.08%
- 10Y*
- 32.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WTAI vs. TSM — Risk / Return Rank
WTAI
TSM
WTAI vs. TSM - Risk-Adjusted Trends 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.
| WTAI | TSM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.62 | 2.76 | -1.15 |
Sortino ratioReturn per unit of downside risk | 2.19 | 3.33 | -1.13 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.42 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 3.17 | 5.90 | -2.73 |
Martin ratioReturn relative to average drawdown | 9.47 | 20.02 | -10.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| WTAI | TSM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 2.76 | -1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.66 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.96 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.35 | -0.23 |
Correlation
The correlation between WTAI and TSM is 0.73, 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.
Dividends
WTAI vs. TSM - Dividend Comparison
WTAI's dividend yield for the trailing twelve months is around 1.86%, more than TSM's 0.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTAI WisdomTree Artificial Intelligence and Innovation Fund | 1.86% | 1.81% | 0.19% | 0.24% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 0.98% | 1.00% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.32% | 2.61% | 2.54% |
Drawdowns
WTAI vs. TSM - Drawdown Comparison
The maximum WTAI drawdown since its inception was -45.92%, smaller than the maximum TSM drawdown of -89.08%. Use the drawdown chart below to compare losses from any high point for WTAI and TSM.
Loading graphics...
Drawdown Indicators
| WTAI | TSM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.92% | -89.08% | +43.16% |
Max Drawdown (1Y)Largest decline over 1 year | -15.42% | -18.14% | +2.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.47% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.47% | — |
Current DrawdownCurrent decline from peak | -10.67% | -12.59% | +1.92% |
Average DrawdownAverage peak-to-trough decline | -20.55% | -43.13% | +22.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | 5.34% | -0.18% |
Volatility
WTAI vs. TSM - Volatility Comparison
The current volatility for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) is 12.93%, while Taiwan Semiconductor Manufacturing Company Limited (TSM) has a volatility of 14.44%. 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 graphics...
Volatility by Period
| WTAI | TSM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.93% | 14.44% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 21.67% | 27.19% | -5.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.90% | 38.60% | -6.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.72% | 36.99% | -6.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.72% | 33.85% | -3.13% |