DAVV.DE vs. WCLD
Compare and contrast key facts about VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) and WisdomTree Cloud Computing Fund (WCLD).
DAVV.DE and WCLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DAVV.DE is a passively managed fund by VanEck that tracks the performance of the MVIS Global Digital Assets Equity. It was launched on Apr 30, 2021. WCLD is a passively managed fund by WisdomTree that tracks the performance of the BVP Nasdaq Emerging Cloud Index. It was launched on Sep 6, 2019. Both DAVV.DE and WCLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DAVV.DE or WCLD.
Key characteristics
| DAVV.DE | WCLD | |
|---|---|---|
| YTD Return | 57.04% | 7.87% |
| 1Y Return | 218.50% | 32.00% |
| 3Y Return (Ann) | -14.41% | -16.32% |
| Sharpe Ratio | 2.87 | 1.33 |
| Sortino Ratio | 3.05 | 1.87 |
| Omega Ratio | 1.37 | 1.24 |
| Calmar Ratio | 2.64 | 0.57 |
| Martin Ratio | 11.27 | 2.75 |
| Ulcer Index | 19.05% | 11.63% |
| Daily Std Dev | 74.27% | 23.99% |
| Max Drawdown | -91.53% | -64.90% |
| Current Drawdown | -40.81% | -42.29% |
Correlation
The correlation between DAVV.DE and WCLD is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DAVV.DE vs. WCLD - Performance Comparison
In the year-to-date period, DAVV.DE achieves a 57.04% return, which is significantly higher than WCLD's 7.87% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DAVV.DE vs. WCLD - Expense Ratio Comparison
DAVV.DE has a 0.65% expense ratio, which is higher than WCLD's 0.45% expense ratio.
Risk-Adjusted Performance
DAVV.DE vs. WCLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) and WisdomTree Cloud Computing Fund (WCLD). 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.
Dividends
DAVV.DE vs. WCLD - Dividend Comparison
Neither DAVV.DE nor WCLD has paid dividends to shareholders.
Drawdowns
DAVV.DE vs. WCLD - Drawdown Comparison
The maximum DAVV.DE drawdown since its inception was -91.53%, which is greater than WCLD's maximum drawdown of -64.90%. Use the drawdown chart below to compare losses from any high point for DAVV.DE and WCLD. For additional features, visit the drawdowns tool.
Volatility
DAVV.DE vs. WCLD - Volatility Comparison
VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a higher volatility of 24.94% compared to WisdomTree Cloud Computing Fund (WCLD) at 6.28%. This indicates that DAVV.DE's price experiences larger fluctuations and is considered to be riskier than WCLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.