CLOD vs. CRTC

Last updated Jun 4, 2026

CLOD (Themes Cloud Computing ETF) and CRTC (Xtrackers US National Critical Technologies ETF) are both Technology Equities funds - CLOD tracks the Solactive Cloud Technology Index while CRTC tracks the Solactive Whitney U.S. Critical Technologies Index. Both are passively managed. Over the past year, CLOD returned 2.49% vs 23.78% for CRTC. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.

Performance

CLOD vs. CRTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Cloud Computing ETF (CLOD) and Xtrackers US National Critical Technologies ETF (CRTC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CLOD achieves a 3.48% return, which is significantly lower than CRTC's 8.59% return.

CLOD

• 1D: -3.72%
• 1M: 14.95%
• YTD: 3.48%
• 6M: 1.34%
• 1Y: 2.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRTC

• 1D: -1.08%
• 1M: 4.98%
• YTD: 8.59%
• 6M: 8.79%
• 1Y: 23.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLOD vs. CRTC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CLOD Themes Cloud Computing ETF	3.48%	7.53%	21.03%	0.43%
CRTC Xtrackers US National Critical Technologies ETF	8.59%	18.69%	18.05%	1.47%

Correlation

The correlation between CLOD and CRTC is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (All Time) Calculated using the full available price history since Dec 18, 2023	0.81

The correlation between CLOD and CRTC has been stable across timeframes, ranging from 0.74 to 0.81 - a consistent structural relationship.

CLOD vs. CRTC - Sectors Allocation Comparison

Sectors	CLOD	CRTC
Technology	75.6%	33.5%
Consumer Cyclical	12.4%	6.3%
Communication Services	11.7%	16.0%
Industrials	1.5%	14.1%
Financial Services	0.3%	0.2%
Basic Materials	-	2.6%
Consumer Defensive	-	0.0%
Energy	-	7.1%
Healthcare	-	14.1%
Real Estate	-	0.1%
Utilities	-	6.0%

Return for Risk

CLOD vs. CRTC — Risk / Return Rank

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

CLOD

CLOD Risk / Return Rank: 10
CLOD Sharpe Ratio Rank: 10
CLOD Sortino Ratio Rank: 10
CLOD Omega Ratio Rank: 10
CLOD Calmar Ratio Rank: 10
CLOD Martin Ratio Rank: 10

CRTC

CRTC Risk / Return Rank: 55
CRTC Sharpe Ratio Rank: 55
CRTC Sortino Ratio Rank: 54
CRTC Omega Ratio Rank: 53
CRTC Calmar Ratio Rank: 54
CRTC Martin Ratio Rank: 57

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.

CLOD vs. CRTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Cloud Computing ETF (CLOD) and Xtrackers US National Critical Technologies ETF (CRTC). 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.

	CLOD	CRTC	Difference
Sharpe ratio: Return per unit of total volatility	0.10	1.87	-1.77
Sortino ratio: Return per unit of downside risk	0.31	2.56	-2.25
Omega ratio: Gain probability vs. loss probability	1.04	1.32	-0.29
Calmar ratio: Return relative to maximum drawdown	0.08	2.64	-2.56
Martin ratio: Return relative to average drawdown	0.17	9.88	-9.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLOD vs. CRTC - Sharpe Ratio Comparison

The current CLOD Sharpe Ratio is 0.10, which is lower than the CRTC Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of CLOD and CRTC, 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

	CLOD	CRTC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	1.87	-1.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	1.36	-0.82

Drawdowns

CLOD vs. CRTC - Drawdown Comparison

The maximum CLOD drawdown since its inception was -31.36%, which is greater than CRTC's maximum drawdown of -19.07%. Use the drawdown chart below to compare losses from any high point for CLOD and CRTC.

Drawdown Indicators

	CLOD	CRTC	Difference
Max Drawdown Largest peak-to-trough decline	-31.36%	-19.07%	-12.29%
Max Drawdown (1Y) Largest decline over 1 year	-31.36%	-9.05%	-22.31%
Current Drawdown Current decline from peak	-6.61%	-1.27%	-5.34%
Average Drawdown Average peak-to-trough decline	-7.51%	-2.13%	-5.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.29%	2.41%	+11.88%

Volatility

CLOD vs. CRTC - Volatility Comparison

Themes Cloud Computing ETF (CLOD) has a higher volatility of 10.13% compared to Xtrackers US National Critical Technologies ETF (CRTC) at 3.20%. This indicates that CLOD's price experiences larger fluctuations and is considered to be riskier than CRTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLOD	CRTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.13%	3.20%	+6.93%
Volatility (6M) Calculated over the trailing 6-month period	21.71%	9.64%	+12.07%
Volatility (1Y) Calculated over the trailing 1-year period	25.07%	12.76%	+12.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.46%	15.73%	+8.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.46%	15.73%	+8.73%

CLOD vs. CRTC - Expense Ratio Comparison

Both CLOD and CRTC have an expense ratio of 0.35%.

Dividends

CLOD vs. CRTC - Dividend Comparison

CLOD's dividend yield for the trailing twelve months is around 1.42%, more than CRTC's 1.00% yield.

Position	TTM	2025	2024	2023
CLOD Themes Cloud Computing ETF	1.42%	1.47%	0.00%	0.00%
CRTC Xtrackers US National Critical Technologies ETF	1.00%	1.03%	1.13%	0.16%

Frequently Asked Questions

Can I hold both CLOD and CRTC in my portfolio?

CLOD and CRTC have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CLOD or CRTC?

CLOD has higher volatility (10.13%) compared to CRTC (3.20%). In terms of maximum drawdown, CLOD dropped -31.36% vs CRTC's -19.07%.

Which ETF is better, CLOD or CRTC?

On 1-year performance, CRTC leads with 23.78% vs 2.49% for CLOD. Both ETFs have the same 0.35% expense ratio. On volatility, CRTC has been the lower-risk option at 3.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CLOD or CRTC?

Over the 1-year period, CRTC has performed better with a 23.78% return vs 2.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CLOD or CRTC?

CLOD and CRTC have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, CLOD or CRTC?

CLOD has the higher dividend yield at 1.42%, compared with 1.00% for CRTC.

What is the main difference between CLOD and CRTC?

CLOD tracks Solactive Cloud Technology Index, while CRTC tracks Solactive Whitney U.S. Critical Technologies Index. They also come from different issuers: Themes and Xtrackers.

Which has better risk-adjusted returns?

CRTC currently has the higher Sharpe Ratio (1.87 vs 0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.