ETIEX vs. WCBR
Compare and contrast key facts about Eventide Exponential Technologies Fund (ETIEX) and WisdomTree Cybersecurity Fund (WCBR).
ETIEX is managed by Eventide Funds. It was launched on Jun 29, 2020. WCBR is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Team8 Cybersecurity Index. It was launched on Jan 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETIEX or WCBR.
Key characteristics
| ETIEX | WCBR | |
|---|---|---|
| YTD Return | -0.23% | 8.87% |
| 1Y Return | 15.17% | 28.58% |
| 3Y Return (Ann) | -13.71% | -2.09% |
| Sharpe Ratio | 0.60 | 1.23 |
| Sortino Ratio | 0.98 | 1.73 |
| Omega Ratio | 1.12 | 1.22 |
| Calmar Ratio | 0.29 | 0.94 |
| Martin Ratio | 1.22 | 2.57 |
| Ulcer Index | 11.82% | 10.84% |
| Daily Std Dev | 24.23% | 22.64% |
| Max Drawdown | -54.41% | -52.25% |
| Current Drawdown | -37.33% | -8.73% |
Correlation
The correlation between ETIEX and WCBR is 0.86, 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.
Performance
ETIEX vs. WCBR - Performance Comparison
In the year-to-date period, ETIEX achieves a -0.23% return, which is significantly lower than WCBR's 8.87% 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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ETIEX vs. WCBR - Expense Ratio Comparison
ETIEX has a 1.43% expense ratio, which is higher than WCBR's 0.45% expense ratio.
Risk-Adjusted Performance
ETIEX vs. WCBR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Exponential Technologies Fund (ETIEX) and WisdomTree Cybersecurity Fund (WCBR). 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
ETIEX vs. WCBR - Dividend Comparison
Neither ETIEX nor WCBR has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
ETIEX Eventide Exponential Technologies Fund | 0.00% | 0.00% | 0.00% | 0.00% |
WCBR WisdomTree Cybersecurity Fund | 0.00% | 0.00% | 0.03% | 0.43% |
Drawdowns
ETIEX vs. WCBR - Drawdown Comparison
The maximum ETIEX drawdown since its inception was -54.41%, roughly equal to the maximum WCBR drawdown of -52.25%. Use the drawdown chart below to compare losses from any high point for ETIEX and WCBR. For additional features, visit the drawdowns tool.
Volatility
ETIEX vs. WCBR - Volatility Comparison
Eventide Exponential Technologies Fund (ETIEX) and WisdomTree Cybersecurity Fund (WCBR) have volatilities of 6.70% and 6.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.