WTAI vs. MPAY ETF Comparison
Comparison of WisdomTree Artificial Intelligence and Innovation Fund (WTAI) to Akros Monthly Payout ETF (MPAY)
WTAI
WisdomTree Artificial Intelligence and Innovation Fund
WTAI Description
WisdomTree Artificial Intelligence and Innovation Fund is an exchange traded fund launched by WisdomTree Investments, Inc. The fund is co-managed by Mellon Investments Corporation and WisdomTree Asset Management, Inc. It invests in public equity markets across the globe. The fund invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment, software and services, software, system software, software research, artificial intelligence software and technology hardware and equipment sectors. It invests in growth and value stocks of diversified market cap companies. It seeks to track the performance of the WisdomTree Artificial Intelligence & Innovation Index, by using representative sampling technique. WisdomTree Artificial Intelligence and Innovation Fund is domiciled in the United States.
Grade (RS Rating)
Last Trade
$20.06
Average Daily Volume
149,679
61
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.Grade (RS Rating)
Last Trade
$25.83
Average Daily Volume
843
52
Performance
| Period | WTAI | MPAY |
|---|---|---|
| 30 Days | 3.08% | 2.24% |
| 60 Days | 1.67% | 5.43% |
| 90 Days | -3.98% | 3.55% |
| 12 Months | 15.89% | 24.76% |
11 Overlapping Holdings
| Symbol | Grade | Weight in WTAI | Weight in MPAY | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 2.4% | 5.94% | 2.4% | |
| ADBE | F | 0.73% | 1.57% | 0.73% | |
| AMZN | C | 1.97% | 4.97% | 1.97% | |
| DELL | C | 0.94% | 1.02% | 0.94% | |
| GOOGL | D | 2.15% | 4.73% | 2.15% | |
| LMT | A | 1.04% | 1.23% | 1.04% | |
| MSFT | C | 2.04% | 5.7% | 2.04% | |
| NOW | C | 1.43% | 1.46% | 1.43% | |
| NVDA | C | 3.11% | 6.38% | 3.11% | |
| QCOM | D | 2.03% | 1.36% | 1.36% | |
| TSLA | C | 2.16% | 1.83% | 1.83% |
WTAI Overweight 50 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARM | C | 2.79% | |
| META | B | 2.68% | |
| AVGO | C | 2.63% | |
| TSM | C | 2.56% | |
| AMD | C | 2.13% | |
| MRVL | D | 2.11% | |
| CDNS | D | 1.88% | |
| DOCN | C | 1.87% | |
| SNPS | F | 1.83% | |
| MU | D | 1.8% | |
| ASML | F | 1.8% | |
| IOT | C | 1.79% | |
| PLTR | C | 1.71% | |
| TER | C | 1.62% | |
| ISRG | C | 1.58% | |
| RBLX | C | 1.56% | |
| ZS | F | 1.45% | |
| NET | D | 1.35% | |
| S | D | 1.31% | |
| AVAV | C | 1.31% | |
| CRWD | D | 1.3% | |
| AMBA | C | 1.27% | |
| HPQ | C | 1.21% | |
| DDOG | D | 1.21% | |
| DT | C | 1.2% | |
| HPE | C | 1.16% | |
| ALTR | C | 1.15% | |
| OKTA | F | 1.11% | |
| NICE | D | 1.11% | |
| ADI | C | 1.1% | |
| ESTC | F | 1.06% | |
| FROG | F | 1.04% | |
| GTLB | D | 1.01% | |
| PTC | C | 1.01% | |
| TEAM | D | 0.95% | |
| DE | A | 0.92% | |
| NXPI | D | 0.9% | |
| MCHP | D | 0.85% | |
| SYNA | D | 0.84% | |
| U | D | 0.81% | |
| RXRX | F | 0.81% | |
| LSCC | D | 0.76% | |
| MDB | D | 0.76% | |
| PATH | D | 0.76% | |
| GFS | F | 0.75% | |
| SNOW | F | 0.74% | |
| SLP | F | 0.67% | |
| PRO | F | 0.59% | |
| SDGR | F | 0.56% | |
| INTC | D | 0.54% |
WTAI Underweight 41 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| GLDM | B | -3.6% | |
| IAUM | B | -3.36% | |
| LLY | D | -3.04% | |
| WMT | B | -2.21% | |
| ORCL | B | -1.78% | |
| V | C | -1.77% | |
| COST | C | -1.77% | |
| MA | B | -1.76% | |
| UNH | C | -1.74% | |
| HD | B | -1.74% | |
| XOM | D | -1.55% | |
| MRK | F | -1.53% | |
| JNJ | C | -1.46% | |
| AMAT | D | -1.45% | |
| ABBV | B | -1.45% | |
| NFLX | B | -1.44% | |
| CRM | C | -1.43% | |
| LOW | B | -1.37% | |
| ACN | C | -1.34% | |
| CVX | F | -1.32% | |
| LRCX | D | -1.32% | |
| KLAC | D | -1.32% | |
| MCD | B | -1.31% | |
| INTU | D | -1.3% | |
| CAT | B | -1.28% | |
| HCA | B | -1.28% | |
| FTNT | B | -1.28% | |
| TJX | C | -1.28% | |
| CSCO | B | -1.28% | |
| PM | C | -1.27% | |
| LIN | B | -1.27% | |
| BKNG | B | -1.26% | |
| PEP | D | -1.25% | |
| NKE | D | -1.25% | |
| ADP | C | -1.24% | |
| AZO | B | -1.24% | |
| ABNB | D | -1.23% | |
| TXN | B | -1.23% | |
| ABT | C | -1.23% | |
| UPS | D | -1.22% | |
| RTX | B | -1.19% |
WTAI: Top Represented Industries & Keywords
MPAY: Top Represented Industries & Keywords
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