WTI2.DE vs. ^GSPC
Compare and contrast key facts about WisdomTree Artificial Intelligence UCITS ETF USD Acc (WTI2.DE) and S&P 500 (^GSPC).
WTI2.DE is a passively managed fund by WisdomTree that tracks the performance of the Nasdaq CTA Artificial Intelligence. It was launched on Nov 30, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTI2.DE or ^GSPC.
Key characteristics
| WTI2.DE | ^GSPC | |
|---|---|---|
| YTD Return | -4.56% | 17.79% |
| 1Y Return | 8.57% | 26.42% |
| 3Y Return (Ann) | -0.41% | 8.24% |
| 5Y Return (Ann) | 13.68% | 13.48% |
| Sharpe Ratio | 0.44 | 2.06 |
| Daily Std Dev | 22.16% | 12.69% |
| Max Drawdown | -40.18% | -56.78% |
| Current Drawdown | -11.78% | -0.86% |
Correlation
The correlation between WTI2.DE and ^GSPC is 0.55, 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
WTI2.DE vs. ^GSPC - Performance Comparison
In the year-to-date period, WTI2.DE achieves a -4.56% return, which is significantly lower than ^GSPC's 17.79% 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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Risk-Adjusted Performance
WTI2.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Artificial Intelligence UCITS ETF USD Acc (WTI2.DE) and S&P 500 (^GSPC). 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.
Drawdowns
WTI2.DE vs. ^GSPC - Drawdown Comparison
The maximum WTI2.DE drawdown since its inception was -40.18%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for WTI2.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
WTI2.DE vs. ^GSPC - Volatility Comparison
WisdomTree Artificial Intelligence UCITS ETF USD Acc (WTI2.DE) has a higher volatility of 7.40% compared to S&P 500 (^GSPC) at 3.98%. This indicates that WTI2.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.