WiFi is waaaaay slower than Ethernet. The question is, what is the bottleneck ? It's not ethernet.
It's either going to be the grade of service you get from your ISP or the WiFi. The latest and greatest (expensive) WAN routers can just about match the "basic" service offered by most ISPs. If you have a number of devices using (we have (5 desktops, 4 laptops and 5 Smart Phones) it however, you have probably upgrades your service to one of the premium levels and here WiFi will falls short.
$5 extra a month will get you 50 Mbps download / 25 Mbps download and 100MB per e-mail capability so that has become very popular with families having multiple concurrent users. The next step up is 100 Mbps
It is easy to test to see where your bottleneck is. Connect your PC via a cable directly to the router at the Modem. Make sure WiFi is disabled and then go to Speedtest.com and run the benchmark. Rin it 3 - 5 times to get an average.
Now shed the cable, go to the location where you will be using the WiFi. Then, connect the computer via WiFi and test again. If the scores are roughly the same, then your ISP service is the bottleneck. If the WiFi test is slower, you are losing performance by using Wi-Fi.
BTW, suggest rebooting the router and waiting say 10 minutes before each test to rule that out. And also, would probably be wise to retest again while simulating "typical peak traffic" on your network by say by downloading a movie or something on other machines that might usually active to get a "worse case scenario" while testing .... just be consistent with each test.