BULP.L vs. CYSE.L

Last updated Jun 5, 2026

BULP.L (WisdomTree Gold) and CYSE.L (WisdomTree Cybersecurity UCITS ETF USD Acc) are both exchange-traded funds - BULP.L is a Precious Metals fund tracking the Gold, while CYSE.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, BULP.L returned 17.62%/yr vs 10.59%/yr for CYSE.L. At a 0.00 correlation, their price movements are largely independent. BULP.L charges 0.49%/yr vs 0.45%/yr for CYSE.L.

Performance

BULP.L vs. CYSE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Gold (BULP.L) and WisdomTree Cybersecurity UCITS ETF USD Acc (CYSE.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BULP.L achieves a 3.12% return, which is significantly lower than CYSE.L's 24.45% return.

BULP.L

• 1D: 0.71%
• 1M: -1.50%
• YTD: 3.12%
• 6M: 4.39%
• 1Y: 31.07%
• 3Y*: 25.79%
• 5Y*: 17.62%
• 10Y*: 12.01%

CYSE.L

• 1D: -1.44%
• 1M: 26.86%
• YTD: 24.45%
• 6M: 17.83%
• 1Y: 12.00%
• 3Y*: 18.44%
• 5Y*: 10.59%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BULP.L vs. CYSE.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BULP.L WisdomTree Gold	3.12%	50.05%	26.15%	5.12%	9.83%	-2.61%
CYSE.L WisdomTree Cybersecurity UCITS ETF USD Acc	24.45%	-8.72%	13.36%	60.49%	-36.28%	11.39%

Correlation

The correlation between BULP.L and CYSE.L is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Jan 29, 2021	0.00

Return for Risk

BULP.L vs. CYSE.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BULP.L

BULP.L Risk / Return Rank: 36
BULP.L Sharpe Ratio Rank: 38
BULP.L Sortino Ratio Rank: 33
BULP.L Omega Ratio Rank: 41
BULP.L Calmar Ratio Rank: 36
BULP.L Martin Ratio Rank: 31

CYSE.L

CYSE.L Risk / Return Rank: 15
CYSE.L Sharpe Ratio Rank: 15
CYSE.L Sortino Ratio Rank: 16
CYSE.L Omega Ratio Rank: 17
CYSE.L Calmar Ratio Rank: 14
CYSE.L Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BULP.L vs. CYSE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Gold (BULP.L) and WisdomTree Cybersecurity UCITS ETF USD Acc (CYSE.L). 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.

	BULP.L	CYSE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.31	0.37	+0.94
Sortino ratio: Return per unit of downside risk	1.73	0.73	+1.00
Omega ratio: Gain probability vs. loss probability	1.26	1.10	+0.16
Calmar ratio: Return relative to maximum drawdown	1.73	0.38	+1.35
Martin ratio: Return relative to average drawdown	4.57	0.87	+3.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BULP.L vs. CYSE.L - Sharpe Ratio Comparison

The current BULP.L Sharpe Ratio is 1.31, which is higher than the CYSE.L Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of BULP.L and CYSE.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BULP.L	CYSE.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	0.37	+0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.06	0.34	+0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.24	+0.33

Drawdowns

BULP.L vs. CYSE.L - Drawdown Comparison

The maximum BULP.L drawdown since its inception was -44.90%, roughly equal to the maximum CYSE.L drawdown of -46.58%. Use the drawdown chart below to compare losses from any high point for BULP.L and CYSE.L.

Drawdown Indicators

	BULP.L	CYSE.L	Difference
Max Drawdown Largest peak-to-trough decline	-44.90%	-46.58%	+1.68%
Max Drawdown (1Y) Largest decline over 1 year	-17.88%	-31.22%	+13.34%
Max Drawdown (3Y) Largest decline over 3 years	-17.88%	-35.88%	+18.00%
Max Drawdown (5Y) Largest decline over 5 years	-17.88%	-46.58%	+28.70%
Max Drawdown (10Y) Largest decline over 10 years	-23.68%	—	—
Current Drawdown Current decline from peak	-16.32%	-4.84%	-11.48%
Average Drawdown Average peak-to-trough decline	-16.25%	-19.16%	+2.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.79%	13.71%	-6.92%

Volatility

BULP.L vs. CYSE.L - Volatility Comparison

The current volatility for WisdomTree Gold (BULP.L) is 5.11%, while WisdomTree Cybersecurity UCITS ETF USD Acc (CYSE.L) has a volatility of 13.86%. This indicates that BULP.L experiences smaller price fluctuations and is considered to be less risky than CYSE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BULP.L	CYSE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.11%	13.86%	-8.75%
Volatility (6M) Calculated over the trailing 6-month period	20.04%	28.40%	-8.36%
Volatility (1Y) Calculated over the trailing 1-year period	23.59%	32.03%	-8.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.63%	31.30%	-14.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.23%	31.34%	-15.11%

BULP.L vs. CYSE.L - Expense Ratio Comparison

BULP.L has a 0.49% expense ratio, which is higher than CYSE.L's 0.45% expense ratio.

Dividends

BULP.L vs. CYSE.L - Dividend Comparison

Neither BULP.L nor CYSE.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
BULP.L WisdomTree Gold	0.00%	0.00%	0.00%	0.00%	0.00%
CYSE.L WisdomTree Cybersecurity UCITS ETF USD Acc	0.00%	0.00%	0.00%	0.00%	0.24%

Frequently Asked Questions

Can I hold both BULP.L and CYSE.L in my portfolio?

BULP.L and CYSE.L have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BULP.L or CYSE.L?

On fees, CYSE.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BULP.L or CYSE.L?

CYSE.L is cheaper with a 0.45% expense ratio, compared with 0.49% for BULP.L.

What is the main difference between BULP.L and CYSE.L?

BULP.L is categorized as Precious Metals, while CYSE.L is Technology Equities. BULP.L tracks Gold, while CYSE.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.49% for BULP.L and 0.45% for CYSE.L.