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

Key characteristics


FCLDWCLD
YTD Return12.24%-0.37%
1Y Return56.60%25.89%
Sharpe Ratio2.500.91
Daily Std Dev22.49%27.42%
Max Drawdown-50.85%-64.90%
Current Drawdown-8.29%-46.70%

Correlation

0.95
-1.001.00

The correlation between FCLD and WCLD is 0.95, 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

FCLD vs. WCLD - Performance Comparison

In the year-to-date period, FCLD achieves a 12.24% return, which is significantly higher than WCLD's -0.37% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-0.53%
-40.39%
FCLD
WCLD

Compare stocks, funds, or ETFs


Fidelity Cloud Computing ETF

WisdomTree Cloud Computing Fund

FCLD vs. WCLD - Expense Ratio Comparison

FCLD has a 0.39% expense ratio, which is lower than WCLD's 0.45% expense ratio.

WCLD
WisdomTree Cloud Computing Fund
0.50%1.00%1.50%2.00%0.45%
0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

FCLD vs. WCLD - Risk-Adjusted Performance Comparison

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


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FCLD
Fidelity Cloud Computing ETF
2.50
WCLD
WisdomTree Cloud Computing Fund
0.91

FCLD vs. WCLD - Sharpe Ratio Comparison

The current FCLD Sharpe Ratio is 2.50, which is higher than the WCLD Sharpe Ratio of 0.91. The chart below compares the 12-month rolling Sharpe Ratio of FCLD and WCLD.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50OctoberNovemberDecember2024FebruaryMarch
2.50
0.91
FCLD
WCLD

Dividends

FCLD vs. WCLD - Dividend Comparison

FCLD's dividend yield for the trailing twelve months is around 0.13%, while WCLD has not paid dividends to shareholders.


TTM202320222021
FCLD
Fidelity Cloud Computing ETF
0.13%0.17%0.26%0.13%
WCLD
WisdomTree Cloud Computing Fund
0.00%0.00%0.00%0.00%

Drawdowns

FCLD vs. WCLD - Drawdown Comparison

The maximum FCLD drawdown since its inception was -50.85%, smaller than the maximum WCLD drawdown of -64.90%. The drawdown chart below compares losses from any high point along the way for FCLD and WCLD


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%OctoberNovemberDecember2024FebruaryMarch
-8.29%
-46.70%
FCLD
WCLD

Volatility

FCLD vs. WCLD - Volatility Comparison

Fidelity Cloud Computing ETF (FCLD) and WisdomTree Cloud Computing Fund (WCLD) have volatilities of 6.40% and 6.64%, 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.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%11.00%OctoberNovemberDecember2024FebruaryMarch
6.40%
6.64%
FCLD
WCLD