WTAI
WisdomTree Artificial Intelligence and Innovation Fund
WTAI tracks an equally-weighted index of globally-listed stocks whose businesses are derived from artificial intelligence and innovation. Selection and weighting are overseen by a committee.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
196.1 M
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Fund sponsor | WisdomTree |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 07, 2021 |
| Assets (mns) | $196 |
| Expense ratio | 45 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NVIDIA CORP | 2.9 % |
| ARM HOLDINGS PLC | 2.8 % |
| APPLE INC | 2.3 % |
| BROADCOM INC. | 2.3 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 2.3 % |
| ALPHABET INC. CLASS A | 2.2 % |
| META PLATFORMS INC | 2.2 % |
| QUALCOMM INC | 2.2 % |
| HYNIX SEMICONDUCTOR INC | 2.1 % |
| MICROSOFT CORP | 2.0 % |
Constituent Breakdown
| Number of holdings | 75 |
| Herfindahl-Hirschman Index | 155 |
| Wgt avg mkt cap (mns) | $396,883 |
| Large cap (>$10bn) | 78.5% |
| Mid cap ($2-10bn) | 17.2% |
| Small cap (<$2bn) | 4.3% |
| Developed mkts. | 88.0% |
| Emerging mkts. | 12.0% |
Country Exposure
 |
UNITED STATES | 74.6 % |
 |
TAIWAN | 7.0 % |
 |
SOUTH KOREA | 5.0 % |
 |
NETHERLANDS | 2.8 % |
 |
BRITAIN | 2.8 % |
 |
ISRAEL | 1.2 % |
 |
AUSTRALIA | 1.0 % |
 |
SWITZERLAND | 0.8 % |
 |
JAPAN | 0.8 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -3.2% | 25.4% | 19.0% | -- | -- | -- | -0.9% | Volatility | 24.9% | 24.8% | 26.7% | 999.9% | 999.9% | 999.9% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.39 | 67% |
| MSCI EAFE | 1.26 | 55% |
| MSCI Emg Mkts | 1.19 | 52% |
Liquidity Measures
| Avg. volume (000) | 47 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.13% |
| ADV of underlying (mns) | $127,435 |
Technical Indicators
| Recent close | $20.86 |
| 30d moving avg. | $20.18 |
| Annualized volatility | 31.0% |
| Relative strength (RSI) | 50 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. WTAI |
Expenses vs. WTAI |
ALTAR Score™ vs. WTAI |
|---|---|---|---|---|
| AIVC | Amplify Bloomberg AI Value Chain ETF | 39.9% | +14 bp | +2.8% |
| QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 39.7% | +12 bp | +2.8% |
| IVES | Wedbush ETFMG Global Cloud Technology ETF | 39.4% | +23 bp | +2.6% |
| MVPS | Amplify Thematic All-Stars ETF | 39.1% | +4 bp | -0.5% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 34.0% | +23 bp | +0.9% |
| XNTK | SPDR NYSE Technology ETF | 32.5% | -10 bp | +1.0% |
| CHAT | Roundhill Generative AI & Technology ETF | 32.0% | +30 bp | +0.7% |
| ARTY | iShares Future AI & Tech ETF | 30.1% | +2 bp | +0.7% |
| METV | Roundhill Ball Metaverse ETF | 29.5% | +14 bp | +0.3% |
| IYW | iShares U.S. Technology ETF | 29.0% | -5 bp | +1.3% |
Risk and Returns: WTAI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
WTAI
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
WTAI
3.2%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 375 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.6%. WTAI's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places WTAI in the 41st percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
WTAISELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| WTAI (45 bp) Percentile rank | 28 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| WTAI | 45.0 | 13.1 | 58.1 |
| Peer Avg. | 51.8 | 32.7 | 84.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .