KLWD.L vs. KARP.L
KLWD.L (WisdomTree Cloud Computing UCITS ETF - USD Acc) and KARP.L (KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from WisdomTree and Waystone Management respectively. Both are passively managed. Over the past year, KLWD.L returned -7.63% vs 68.60% for KARP.L. At a 0.24 correlation, their price movements are largely independent. KLWD.L charges 0.40%/yr vs 0.72%/yr for KARP.L.
Performance
KLWD.L vs. KARP.L - Performance Comparison
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Different Trading Currencies
KLWD.L is traded in GBp, while KARP.L is traded in GBP. To make them comparable, the KARP.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 -5.67% return, which is significantly lower than KARP.L's 15.05% return.
KLWD.L
- 1D
- -2.99%
- 1M
- 18.10%
- YTD
- -5.67%
- 6M
- -4.57%
- 1Y
- -7.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KARP.L
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 15.05%
- 6M
- 16.63%
- 1Y
- 68.60%
- 3Y*
- 2.82%
- 5Y*
- —
- 10Y*
- —
KLWD.L vs. KARP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KLWD.L WisdomTree Cloud Computing UCITS ETF - USD Acc | -5.67% | 8.16% |
KARP.L KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD | 15.05% | 48.22% |
Correlation
The correlation between KLWD.L and KARP.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025 | 0.24 |
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Return for Risk
KLWD.L vs. KARP.L — Risk / Return Rank
KLWD.L
KARP.L
KLWD.L vs. KARP.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 KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.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.
| KLWD.L | KARP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.47 | ||
| Sortino ratioReturn per unit of downside risk | -4.02 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.56 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 7.27 | -7.48 |
| Martin ratioReturn relative to average drawdown | -0.52 | 20.63 | -21.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KLWD.L | KARP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.22 | 3.25 | -3.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | -0.14 | +0.20 |
Drawdowns
KLWD.L vs. KARP.L - Drawdown Comparison
The maximum KLWD.L drawdown since its inception was -35.51%, smaller than the maximum KARP.L drawdown of -56.63%. Use the drawdown chart below to compare losses from any high point for KLWD.L and KARP.L.
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Drawdown Indicators
| KLWD.L | KARP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.51% | -56.63% | +21.12% |
Max Drawdown (1Y)Largest decline over 1 year | -34.77% | -9.76% | -25.01% |
Max Drawdown (3Y)Largest decline over 3 years | — | -46.94% | — |
Current DrawdownCurrent decline from peak | -10.71% | -19.90% | +9.19% |
Average DrawdownAverage peak-to-trough decline | -11.11% | -34.89% | +23.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.63% | 3.44% | +11.19% |
Volatility
KLWD.L vs. KARP.L - Volatility Comparison
WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) has a higher volatility of 15.82% compared to KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L) at 0.00%. This indicates that KLWD.L's price experiences larger fluctuations and is considered to be riskier than KARP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLWD.L | KARP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.82% | 0.00% | +15.82% |
Volatility (6M)Calculated over the trailing 6-month period | 30.90% | 12.98% | +17.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.46% | 21.92% | +12.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.83% | 24.63% | +9.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.83% | 24.63% | +9.20% |
KLWD.L vs. KARP.L - Expense Ratio Comparison
KLWD.L has a 0.40% expense ratio, which is lower than KARP.L's 0.72% expense ratio.
Dividends
KLWD.L vs. KARP.L - Dividend Comparison
Neither KLWD.L nor KARP.L has paid dividends to shareholders.
Frequently Asked Questions
KLWD.L and KARP.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KLWD.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KLWD.L is cheaper with a 0.40% expense ratio, compared with 0.72% for KARP.L.
Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: WisdomTree and Waystone Management. Their fees differ too: 0.40% for KLWD.L and 0.72% for KARP.L.
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