WCLD vs. CLOD - ETF Comparison
WCLD - WisdomTree Cloud Computing Fund
The WisdomTree Cloud Computing Fund is an equity ETF that tracks the BVP Nasdaq Emerging Cloud TR Index, providing exposure to cloud computing companies in the United States. The fund employs an equal weighting scheme and has a growth investment style, with a focus on the software and services segment.
CLOD - Themes Cloud Computing ETF
The Themes Cloud Computing ETF is an equity fund that tracks the Solactive Cloud Technology Index, providing exposure to a diversified portfolio of 52 cloud computing-related stocks in developed markets. With a focus on the internet theme, the fund employs a market capitalization weighting scheme and has a growth investment style.
| WCLD | CLOD | |
|---|---|---|
| Fund Name | WisdomTree Cloud Computing Fund | Themes Cloud Computing ETF |
| Fund Provider | WisdomTree | Themes ETF |
| Index | BVP Nasdaq Emerging Cloud TR Index | Solactive Cloud Technology Index |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.45% | 0.35% |
| Inception Date | 2019-09-06 | 2023-12-15 |
| Number Of Holdings | 68 | 52 |
| Currency | USD | USD |
| Region | United States | Developed Markets |
| Investment Style | Growth | Growth |
| Market Cap | Blend | Blend |
| Sector | Technology | Technology |
| Sector Detail | Cloud Computing | Cloud Computing |
| Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.