WTAI vs. VOO
Compare and contrast key facts about WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and Vanguard S&P 500 ETF (VOO).
WTAI and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both WTAI and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTAI or VOO.
Key characteristics
| WTAI | VOO | |
|---|---|---|
| YTD Return | 3.91% | 26.88% |
| 1Y Return | 23.80% | 37.59% |
| Sharpe Ratio | 0.94 | 3.06 |
| Sortino Ratio | 1.38 | 4.08 |
| Omega Ratio | 1.17 | 1.58 |
| Calmar Ratio | 0.77 | 4.43 |
| Martin Ratio | 3.14 | 20.25 |
| Ulcer Index | 7.50% | 1.85% |
| Daily Std Dev | 24.99% | 12.23% |
| Max Drawdown | -45.92% | -33.99% |
| Current Drawdown | -13.84% | -0.30% |
Correlation
The correlation between WTAI and VOO is 0.86, 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. VOO - Performance Comparison
In the year-to-date period, WTAI achieves a 3.91% return, which is significantly lower than VOO's 26.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WTAI vs. VOO - Expense Ratio Comparison
WTAI has a 0.45% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
WTAI vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
WTAI's dividend yield for the trailing twelve months is around 0.23%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTAI WisdomTree Artificial Intelligence and Innovation Fund | 0.23% | 0.24% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
WTAI vs. VOO - Drawdown Comparison
The maximum WTAI drawdown since its inception was -45.92%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for WTAI and VOO. For additional features, visit the drawdowns tool.
Volatility
WTAI vs. VOO - Volatility Comparison
WisdomTree Artificial Intelligence and Innovation Fund (WTAI) has a higher volatility of 6.56% compared to Vanguard S&P 500 ETF (VOO) at 3.89%. This indicates that WTAI's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.