WTAI vs. WNTR

Last updated Jul 14, 2026

WTAI (WisdomTree Artificial Intelligence and Innovation Fund) and WNTR (YieldMax Short MSTR Option Income Strategy ETF) are both exchange-traded funds - WTAI is a Technology Equities fund tracking the WisdomTree Artificial Intelligence & Innovation Index, while WNTR is a Derivative Income fund actively managed by YieldMax. WTAI is passively managed, while WNTR is actively managed. Over the past year, WTAI returned 73.72% vs 120.64% for WNTR. At a correlation of -0.44, they often move in opposite directions. WTAI charges 0.45%/yr vs 1.01%/yr for WNTR.

Performance

WTAI vs. WNTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTAI achieves a 42.72% return, which is significantly higher than WNTR's 10.13% return.

WTAI

• 1D: -5.02%
• 1M: -6.16%
• 6M: 35.96%
• YTD: 42.72%
• 1Y: 73.72%
• 3Y*: 29.12%
• 5Y*: —
• 10Y*: —

WNTR

• 1D: 1.92%
• 1M: 18.08%
• 6M: 14.43%
• YTD: 10.13%
• 1Y: 120.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WTAI vs. WNTR - Yearly Performance Comparison

	2026 (YTD)	2025
WTAI WisdomTree Artificial Intelligence and Innovation Fund	42.72%	46.34%
WNTR YieldMax Short MSTR Option Income Strategy ETF	10.13%	52.78%

Correlation

The correlation between WTAI and WNTR is -0.43, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.43
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	-0.44

Return for Risk

WTAI vs. WNTR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WTAI

WTAI Risk / Return Rank: 81
WTAI Sharpe Ratio Rank: 84
WTAI Sortino Ratio Rank: 69
WTAI Omega Ratio Rank: 74
WTAI Calmar Ratio Rank: 92
WTAI Martin Ratio Rank: 85

WNTR

WNTR Risk / Return Rank: 70
WNTR Sharpe Ratio Rank: 88
WNTR Sortino Ratio Rank: 67
WNTR Omega Ratio Rank: 72
WNTR Calmar Ratio Rank: 71
WNTR Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WTAI vs. WNTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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	WNTR	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.26	-0.14
Sortino ratio: Return per unit of downside risk	2.52	2.47	+0.05
Omega ratio: Gain probability vs. loss probability	1.35	1.34	+0.01
Calmar ratio: Return relative to maximum drawdown	4.81	2.84	+1.96
Martin ratio: Return relative to average drawdown	13.50	7.31	+6.19

WTAI vs. WNTR - Sharpe Ratio Comparison

The current WTAI Sharpe Ratio is 2.12, which is comparable to the WNTR Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of WTAI and WNTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WTAI vs. WNTR - Drawdown Comparison

The maximum WTAI drawdown since its inception was -45.96%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for WTAI and WNTR.

Drawdown Indicators

	WTAI	WNTR	Difference
Max Drawdown Largest peak-to-trough decline	-45.96%	-42.65%	-3.31%
Max Drawdown (1Y) Largest decline over 1 year	-15.42%	-42.65%	+27.23%
Max Drawdown (3Y) Largest decline over 3 years	-31.83%	—	—
Current Drawdown Current decline from peak	-13.98%	-10.15%	-3.83%
Average Drawdown Average peak-to-trough decline	-19.55%	-20.53%	+0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.48%	16.58%	-11.10%

Volatility

WTAI vs. WNTR - Volatility Comparison

WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and YieldMax Short MSTR Option Income Strategy ETF (WNTR) have volatilities of 19.10% and 18.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTAI	WNTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.10%	18.84%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	30.66%	47.46%	-16.80%
Volatility (1Y) Calculated over the trailing 1-year period	35.06%	53.83%	-18.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.20%	53.56%	-21.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.20%	53.56%	-21.36%

WTAI vs. WNTR - Expense Ratio Comparison

WTAI has a 0.45% expense ratio, which is lower than WNTR's 1.01% expense ratio.

Dividends

WTAI vs. WNTR - Dividend Comparison

WTAI's dividend yield for the trailing twelve months is around 1.27%, less than WNTR's 102.14% yield.

Position	TTM	2025	2024	2023	2022
WNTR YieldMax Short MSTR Option Income Strategy ETF	102.14%	58.56%	0.00%	0.00%	0.00%
WTAI WisdomTree Artificial Intelligence and Innovation Fund	1.27%	1.81%	0.19%	0.24%	0.22%

Frequently Asked Questions

Can I hold both WTAI and WNTR in my portfolio?

WTAI and WNTR have a correlation of -0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTAI or WNTR?

WTAI has higher volatility (19.10%) compared to WNTR (18.84%). In terms of maximum drawdown, WTAI dropped -45.96% vs WNTR's -42.65%.

Which ETF is better, WTAI or WNTR?

On 1-year performance, WNTR leads with 120.64% vs 73.72% for WTAI. On fees, WTAI is cheaper at 0.45% per year. On volatility, WNTR has been the lower-risk option at 18.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTAI or WNTR?

Over the 1-year period, WNTR has performed better with a 120.64% return vs 73.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTAI or WNTR?

WTAI is cheaper with a 0.45% expense ratio, compared with 1.01% for WNTR.

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

WNTR has the higher dividend yield at 102.14%, compared with 1.27% for WTAI.

What is the main difference between WTAI and WNTR?

WTAI is categorized as Technology Equities, while WNTR is Derivative Income. They also come from different issuers: WisdomTree and YieldMax. Their fees differ too: 0.45% for WTAI and 1.01% for WNTR.

Which has better risk-adjusted returns?

WNTR currently has the higher Sharpe Ratio (2.26 vs 2.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.