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CLOU vs. FCLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CLOU and FCLD is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.8

Performance

CLOU vs. FCLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Cloud Computing ETF (CLOU) and Fidelity Cloud Computing ETF (FCLD). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2025FebruaryMarchApril
-26.38%
-4.65%
CLOU
FCLD

Key characteristics

Sharpe Ratio

CLOU:

0.15

FCLD:

0.18

Sortino Ratio

CLOU:

0.41

FCLD:

0.49

Omega Ratio

CLOU:

1.05

FCLD:

1.06

Calmar Ratio

CLOU:

0.10

FCLD:

0.16

Martin Ratio

CLOU:

0.47

FCLD:

0.57

Ulcer Index

CLOU:

9.12%

FCLD:

10.04%

Daily Std Dev

CLOU:

28.08%

FCLD:

32.07%

Max Drawdown

CLOU:

-52.92%

FCLD:

-50.85%

Current Drawdown

CLOU:

-32.06%

FCLD:

-20.88%

Returns By Period

The year-to-date returns for both investments are quite close, with CLOU having a -12.02% return and FCLD slightly higher at -11.67%.


CLOU

YTD

-12.02%

1M

-6.68%

6M

2.38%

1Y

2.38%

5Y*

5.48%

10Y*

N/A

FCLD

YTD

-11.67%

1M

-6.47%

6M

-3.14%

1Y

2.06%

5Y*

N/A

10Y*

N/A

*Annualized

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CLOU vs. FCLD - Expense Ratio Comparison

CLOU has a 0.68% expense ratio, which is higher than FCLD's 0.39% expense ratio.


Expense ratio chart for CLOU: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CLOU: 0.68%
Expense ratio chart for FCLD: current value is 0.39%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FCLD: 0.39%

Risk-Adjusted Performance

CLOU vs. FCLD — Risk-Adjusted Performance Rank

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

CLOU
The Risk-Adjusted Performance Rank of CLOU is 3434
Overall Rank
The Sharpe Ratio Rank of CLOU is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of CLOU is 3737
Sortino Ratio Rank
The Omega Ratio Rank of CLOU is 3636
Omega Ratio Rank
The Calmar Ratio Rank of CLOU is 3232
Calmar Ratio Rank
The Martin Ratio Rank of CLOU is 3333
Martin Ratio Rank

FCLD
The Risk-Adjusted Performance Rank of FCLD is 3838
Overall Rank
The Sharpe Ratio Rank of FCLD is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of FCLD is 4242
Sortino Ratio Rank
The Omega Ratio Rank of FCLD is 4040
Omega Ratio Rank
The Calmar Ratio Rank of FCLD is 3737
Calmar Ratio Rank
The Martin Ratio Rank of FCLD is 3535
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CLOU vs. FCLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Cloud Computing ETF (CLOU) and Fidelity Cloud Computing ETF (FCLD). 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.


The chart of Sharpe ratio for CLOU, currently valued at 0.15, compared to the broader market-1.000.001.002.003.004.00
CLOU: 0.15
FCLD: 0.18
The chart of Sortino ratio for CLOU, currently valued at 0.41, compared to the broader market-2.000.002.004.006.008.00
CLOU: 0.41
FCLD: 0.49
The chart of Omega ratio for CLOU, currently valued at 1.05, compared to the broader market0.501.001.502.002.50
CLOU: 1.05
FCLD: 1.06
The chart of Calmar ratio for CLOU, currently valued at 0.10, compared to the broader market0.002.004.006.008.0010.0012.00
CLOU: 0.10
FCLD: 0.16
The chart of Martin ratio for CLOU, currently valued at 0.47, compared to the broader market0.0020.0040.0060.00
CLOU: 0.47
FCLD: 0.57

The current CLOU Sharpe Ratio is 0.15, which is comparable to the FCLD Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of CLOU and FCLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.15
0.18
CLOU
FCLD

Dividends

CLOU vs. FCLD - Dividend Comparison

CLOU has not paid dividends to shareholders, while FCLD's dividend yield for the trailing twelve months is around 0.12%.


TTM202420232022202120202019
CLOU
Global X Cloud Computing ETF
0.00%0.00%0.00%0.00%1.76%0.00%0.10%
FCLD
Fidelity Cloud Computing ETF
0.12%0.13%0.17%0.26%0.13%0.00%0.00%

Drawdowns

CLOU vs. FCLD - Drawdown Comparison

The maximum CLOU drawdown since its inception was -52.92%, roughly equal to the maximum FCLD drawdown of -50.85%. Use the drawdown chart below to compare losses from any high point for CLOU and FCLD. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-32.06%
-20.88%
CLOU
FCLD

Volatility

CLOU vs. FCLD - Volatility Comparison

The current volatility for Global X Cloud Computing ETF (CLOU) is 17.89%, while Fidelity Cloud Computing ETF (FCLD) has a volatility of 22.02%. This indicates that CLOU experiences smaller price fluctuations and is considered to be less risky than FCLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
17.89%
22.02%
CLOU
FCLD