KLWD.L vs. DGIT.L

Last updated Jun 26, 2026

KLWD.L (WisdomTree Cloud Computing UCITS ETF - USD Acc) and DGIT.L (iShares Digitalisation UCITS Acc) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from WisdomTree and iShares respectively. Both are passively managed. Over the past 5 years, KLWD.L returned -11.41%/yr vs -0.10%/yr for DGIT.L. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.40% expense ratio.

Performance

KLWD.L vs. DGIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) and iShares Digitalisation UCITS Acc (DGIT.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KLWD.L achieves a -15.63% return, which is significantly lower than DGIT.L's -1.53% return.

KLWD.L

• 1D: -2.23%
• 1M: -2.03%
• YTD: -15.63%
• 6M: -16.04%
• 1Y: -15.40%
• 3Y*: -2.95%
• 5Y*: -11.41%
• 10Y*: —

DGIT.L

• 1D: -1.05%
• 1M: -0.12%
• YTD: -1.53%
• 6M: -1.56%
• 1Y: -4.04%
• 3Y*: 11.13%
• 5Y*: -0.10%
• 10Y*: —

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

KLWD.L vs. DGIT.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
KLWD.L WisdomTree Cloud Computing UCITS ETF - USD Acc	-15.63%	-13.53%	8.64%	36.28%	-47.64%	-1.42%	104.68%	-22.81%
DGIT.L iShares Digitalisation UCITS Acc	-1.53%	-2.47%	24.03%	25.52%	-28.82%	2.05%	37.30%	-2.40%

Correlation

The correlation between KLWD.L and DGIT.L 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 (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 3, 2019	0.82

The correlation between KLWD.L and DGIT.L has been stable across timeframes, ranging from 0.74 to 0.84 - a consistent structural relationship.

KLWD.L vs. DGIT.L - Sectors Allocation Comparison

Sectors	KLWD.L	DGIT.L
Technology	97.4%	42.9%
Healthcare	2.6%	0.1%
Basic Materials	-	-
Communication Services	-	19.6%
Consumer Cyclical	-	16.0%
Consumer Defensive	-	0.0%
Energy	-	-
Financial Services	-	5.5%
Industrials	-	10.1%
Real Estate	-	5.8%
Utilities	-	-

Return for Risk

KLWD.L vs. DGIT.L — Risk / Return Rank

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

KLWD.L

KLWD.L Risk / Return Rank: 6
KLWD.L Sharpe Ratio Rank: 6
KLWD.L Sortino Ratio Rank: 6
KLWD.L Omega Ratio Rank: 6
KLWD.L Calmar Ratio Rank: 6
KLWD.L Martin Ratio Rank: 5

DGIT.L

DGIT.L Risk / Return Rank: 7
DGIT.L Sharpe Ratio Rank: 7
DGIT.L Sortino Ratio Rank: 7
DGIT.L Omega Ratio Rank: 7
DGIT.L Calmar Ratio Rank: 8
DGIT.L Martin Ratio Rank: 7

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.

KLWD.L vs. DGIT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) and iShares Digitalisation UCITS Acc (DGIT.L). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KLWD.L	DGIT.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	-0.24	-0.19
Sortino ratio: Return per unit of downside risk	-0.39	-0.23	-0.17
Omega ratio: Gain probability vs. loss probability	0.95	0.97	-0.02
Calmar ratio: Return relative to maximum drawdown	-0.44	-0.18	-0.27
Martin ratio: Return relative to average drawdown	-1.01	-0.38	-0.64

KLWD.L vs. DGIT.L - Sharpe Ratio Comparison

The current KLWD.L Sharpe Ratio is -0.43, which is lower than the DGIT.L Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of KLWD.L and DGIT.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KLWD.L vs. DGIT.L - Drawdown Comparison

The maximum KLWD.L drawdown since its inception was -63.07%, which is greater than DGIT.L's maximum drawdown of -37.95%. Use the drawdown chart below to compare losses from any high point for KLWD.L and DGIT.L.

Drawdown Indicators

	KLWD.L	DGIT.L	Difference
Max Drawdown Largest peak-to-trough decline	-63.07%	-37.95%	-25.12%
Max Drawdown (1Y) Largest decline over 1 year	-34.77%	-22.83%	-11.94%
Max Drawdown (3Y) Largest decline over 3 years	-46.38%	-24.88%	-21.50%
Max Drawdown (5Y) Largest decline over 5 years	-63.07%	-37.95%	-25.12%
Current Drawdown Current decline from peak	-54.26%	-12.15%	-42.11%
Average Drawdown Average peak-to-trough decline	-35.07%	-13.47%	-21.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.16%	10.71%	+4.45%

Volatility

KLWD.L vs. DGIT.L - Volatility Comparison

WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) has a higher volatility of 15.96% compared to iShares Digitalisation UCITS Acc (DGIT.L) at 5.91%. This indicates that KLWD.L's price experiences larger fluctuations and is considered to be riskier than DGIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KLWD.L	DGIT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.96%	5.91%	+10.05%
Volatility (6M) Calculated over the trailing 6-month period	31.97%	13.68%	+18.29%
Volatility (1Y) Calculated over the trailing 1-year period	35.36%	16.63%	+18.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.03%	23.68%	+13.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.32%	22.95%	+14.37%

KLWD.L vs. DGIT.L - Expense Ratio Comparison

Both KLWD.L and DGIT.L have an expense ratio of 0.40%.

Dividends

KLWD.L vs. DGIT.L - Dividend Comparison

Neither KLWD.L nor DGIT.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both KLWD.L and DGIT.L in my portfolio?

KLWD.L and DGIT.L 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 ETF is better, KLWD.L or DGIT.L?

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KLWD.L or DGIT.L?

KLWD.L and DGIT.L have the same expense ratio: 0.40% per year.

What is the main difference between KLWD.L and DGIT.L?

Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: WisdomTree and iShares.