KLWD.L vs. QWTM.L

Last updated Jun 5, 2026

KLWD.L (WisdomTree Cloud Computing UCITS ETF - USD Acc) and QWTM.L (WisdomTree Quantum Computing UCITS ETF - USD Acc) are both Technology Equities funds from WisdomTree - KLWD.L tracks the MSCI World/Information Tech NR USD while QWTM.L tracks the WisdomTree Classiq Quantum Computing UCITS Index. Both are passively managed. At a 0.28 correlation, their price movements are largely independent. KLWD.L charges 0.40%/yr vs 0.50%/yr for QWTM.L.

Performance

KLWD.L vs. QWTM.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 WisdomTree Quantum Computing UCITS ETF - USD Acc (QWTM.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 -5.67% return, which is significantly lower than QWTM.L's 51.52% return.

KLWD.L

• 1D: -2.99%
• 1M: 13.26%
• YTD: -5.67%
• 6M: -5.24%
• 1Y: -8.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QWTM.L

• 1D: -1.88%
• 1M: 20.99%
• YTD: 51.52%
• 6M: 41.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025
KLWD.L WisdomTree Cloud Computing UCITS ETF - USD Acc	-5.67%	1.33%
QWTM.L WisdomTree Quantum Computing UCITS ETF - USD Acc	51.52%	19.86%

Correlation

The correlation between KLWD.L and QWTM.L is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 4, 2025	0.28

Return for Risk

KLWD.L vs. QWTM.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: 7
KLWD.L Sharpe Ratio Rank: 7
KLWD.L Sortino Ratio Rank: 7
KLWD.L Omega Ratio Rank: 7
KLWD.L Calmar Ratio Rank: 7
KLWD.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. QWTM.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 WisdomTree Quantum Computing UCITS ETF - USD Acc (QWTM.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	QWTM.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	—	—
Sortino ratio: Return per unit of downside risk	-0.08	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.22	—	—
Martin ratio: Return relative to average drawdown	-0.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KLWD.L	QWTM.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	3.11	-3.06

Drawdowns

KLWD.L vs. QWTM.L - Drawdown Comparison

The maximum KLWD.L drawdown since its inception was -35.51%, which is greater than QWTM.L's maximum drawdown of -23.74%. Use the drawdown chart below to compare losses from any high point for KLWD.L and QWTM.L.

Drawdown Indicators

	KLWD.L	QWTM.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.51%	-23.74%	-11.77%
Max Drawdown (1Y) Largest decline over 1 year	-34.77%	—	—
Current Drawdown Current decline from peak	-10.71%	-4.22%	-6.49%
Average Drawdown Average peak-to-trough decline	-11.11%	-10.21%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.63%	—	—

Volatility

Volatility by Period

	KLWD.L	QWTM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	34.46%	39.18%	-4.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.83%	39.18%	-5.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.83%	39.18%	-5.35%

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

KLWD.L has a 0.40% expense ratio, which is lower than QWTM.L's 0.50% expense ratio.

Dividends

KLWD.L vs. QWTM.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

KLWD.L and QWTM.L have a correlation of 0.28, 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 QWTM.L?

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.

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

KLWD.L is cheaper with a 0.40% expense ratio, compared with 0.50% for QWTM.L.

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

KLWD.L tracks MSCI World/Information Tech NR USD, while QWTM.L tracks WisdomTree Classiq Quantum Computing UCITS Index. Their fees differ too: 0.40% for KLWD.L and 0.50% for QWTM.L.