KLWD.L vs. ESIT.L

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) and iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L).

KLWD.L and ESIT.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KLWD.L is a passively managed fund by WisdomTree that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Sep 6, 2019. ESIT.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 18, 2020. Both KLWD.L and ESIT.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

KLWD.L vs. ESIT.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 MSCI Europe Information Technology Sector UCITS ETF (ESIT.L). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025
KLWD.L WisdomTree Cloud Computing UCITS ETF - USD Acc	-21.99%	8.16%
ESIT.L iShares MSCI Europe Information Technology Sector UCITS ETF	6.54%	20.30%

Different Trading Currencies

KLWD.L is traded in GBp, while ESIT.L is traded in GBP. To make them comparable, the ESIT.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, KLWD.L achieves a -21.99% return, which is significantly lower than ESIT.L's 6.54% return.

KLWD.L

• 1D: 0.53%
• 1M: -0.05%
• YTD: -21.99%
• 6M: -21.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ESIT.L

• 1D: 4.08%
• 1M: -3.86%
• YTD: 6.54%
• 6M: 10.73%
• 1Y: 25.70%
• 3Y*: 11.85%
• 5Y*: 8.40%
• 10Y*: —

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

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

KLWD.L has a 0.40% expense ratio, which is higher than ESIT.L's 0.18% expense ratio.

KLWD.L

WisdomTree Cloud Computing UCITS ETF - USD Acc

ESIT.L

iShares MSCI Europe Information Technology Sector UCITS ETF

Return for Risk

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

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

ESIT.L

ESIT.L Risk / Return Rank: 58
ESIT.L Sharpe Ratio Rank: 57
ESIT.L Sortino Ratio Rank: 58
ESIT.L Omega Ratio Rank: 48
ESIT.L Calmar Ratio Rank: 76
ESIT.L Martin Ratio Rank: 53

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. ESIT.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 MSCI Europe Information Technology Sector UCITS ETF (ESIT.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KLWD.L	ESIT.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	0.44	-1.03

Correlation

The correlation between KLWD.L and ESIT.L is 0.41, 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.

Dividends

KLWD.L vs. ESIT.L - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

KLWD.L vs. ESIT.L - Drawdown Comparison

The maximum KLWD.L drawdown since its inception was -31.72%, smaller than the maximum ESIT.L drawdown of -37.50%. Use the drawdown chart below to compare losses from any high point for KLWD.L and ESIT.L.

Drawdown Indicators

	KLWD.L	ESIT.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.72%	-37.50%	+5.78%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.50%	—
Current Drawdown Current decline from peak	-26.16%	-6.50%	-19.66%
Average Drawdown Average peak-to-trough decline	-8.87%	-11.85%	+2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.65%	—

Volatility

Volatility by Period

	KLWD.L	ESIT.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.53%	24.30%	+4.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.53%	24.71%	+3.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.53%	24.37%	+4.16%