AKWA.DE vs. CL0U.DE
AKWA.DE (Global X Clean Water UCITS ETF) and CL0U.DE (Global X Cloud Computing UCITS ETF) are both exchange-traded funds - AKWA.DE is a Water Equities fund tracking the Solactive Global Clean Water Industry, while CL0U.DE is a Technology Equities fund tracking the Indxx Global Cloud Computing. Both are passively managed. Over the past 3 years, AKWA.DE returned 7.49%/yr vs 7.04%/yr for CL0U.DE. At a 0.45 correlation, their price movements are largely independent. AKWA.DE charges 0.50%/yr vs 0.55%/yr for CL0U.DE.
Performance
AKWA.DE vs. CL0U.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AKWA.DE achieves a -0.44% return, which is significantly lower than CL0U.DE's 11.61% return.
AKWA.DE
- 1D
- -0.50%
- 1M
- -2.56%
- YTD
- -0.44%
- 6M
- -2.47%
- 1Y
- -0.28%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
CL0U.DE
- 1D
- 1.66%
- 1M
- 15.27%
- YTD
- 11.61%
- 6M
- 8.93%
- 1Y
- 5.03%
- 3Y*
- 7.04%
- 5Y*
- —
- 10Y*
- —
AKWA.DE vs. CL0U.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 20.84% | -15.13% | -0.34% |
CL0U.DE Global X Cloud Computing UCITS ETF | 11.61% | -16.03% | 11.50% | 40.13% | -36.85% | -3.62% |
Correlation
The correlation between AKWA.DE and CL0U.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2021 | 0.45 |
Over the past year, the correlation between AKWA.DE and CL0U.DE has dropped to 0.17 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
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Return for Risk
AKWA.DE vs. CL0U.DE — Risk / Return Rank
AKWA.DE
CL0U.DE
AKWA.DE vs. CL0U.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water UCITS ETF (AKWA.DE) and Global X Cloud Computing UCITS ETF (CL0U.DE). 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.
| AKWA.DE | CL0U.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.07 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 0.22 | -0.26 |
| Martin ratioReturn relative to average drawdown | -0.11 | 0.51 | -0.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AKWA.DE | CL0U.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.20 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | -0.14 | +0.34 |
Drawdowns
AKWA.DE vs. CL0U.DE - Drawdown Comparison
The maximum AKWA.DE drawdown since its inception was -23.07%, smaller than the maximum CL0U.DE drawdown of -46.57%. Use the drawdown chart below to compare losses from any high point for AKWA.DE and CL0U.DE.
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Drawdown Indicators
| AKWA.DE | CL0U.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.07% | -46.57% | +23.50% |
Max Drawdown (1Y)Largest decline over 1 year | -9.90% | -27.28% | +17.38% |
Max Drawdown (3Y)Largest decline over 3 years | -19.99% | -40.10% | +20.11% |
Current DrawdownCurrent decline from peak | -8.54% | -20.30% | +11.76% |
Average DrawdownAverage peak-to-trough decline | -7.60% | -30.96% | +23.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 11.66% | -7.54% |
Volatility
AKWA.DE vs. CL0U.DE - Volatility Comparison
The current volatility for Global X Clean Water UCITS ETF (AKWA.DE) is 3.85%, while Global X Cloud Computing UCITS ETF (CL0U.DE) has a volatility of 11.61%. This indicates that AKWA.DE experiences smaller price fluctuations and is considered to be less risky than CL0U.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AKWA.DE | CL0U.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 11.61% | -7.76% |
Volatility (6M)Calculated over the trailing 6-month period | 10.07% | 25.33% | -15.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.59% | 29.28% | -15.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.02% | 29.45% | -13.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.02% | 29.45% | -13.43% |
AKWA.DE vs. CL0U.DE - Expense Ratio Comparison
AKWA.DE has a 0.50% expense ratio, which is lower than CL0U.DE's 0.55% expense ratio.
Dividends
AKWA.DE vs. CL0U.DE - Dividend Comparison
Neither AKWA.DE nor CL0U.DE has paid dividends to shareholders.
Frequently Asked Questions
AKWA.DE and CL0U.DE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AKWA.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AKWA.DE is cheaper with a 0.50% expense ratio, compared with 0.55% for CL0U.DE.
AKWA.DE is categorized as Water Equities, while CL0U.DE is Technology Equities. AKWA.DE tracks Solactive Global Clean Water Industry, while CL0U.DE tracks Indxx Global Cloud Computing. Their fees differ too: 0.50% for AKWA.DE and 0.55% for CL0U.DE.
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