KLWD.L vs. SKYP.L
Compare and contrast key facts about WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) and HANetf HAN-GINS Cloud Technology Equal Weight UCITS ETF (SKYP.L).
KLWD.L and SKYP.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. SKYP.L is a passively managed fund by HANetf that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Oct 5, 2018. Both KLWD.L and SKYP.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KLWD.L or SKYP.L.
Key characteristics
| KLWD.L | SKYP.L |
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Correlation
The correlation between KLWD.L and SKYP.L is 0.82, 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
KLWD.L vs. SKYP.L - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KLWD.L vs. SKYP.L - Expense Ratio Comparison
KLWD.L has a 0.40% expense ratio, which is lower than SKYP.L's 0.59% expense ratio.
Risk-Adjusted Performance
KLWD.L vs. SKYP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) and HANetf HAN-GINS Cloud Technology Equal Weight UCITS ETF (SKYP.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.
Dividends
KLWD.L vs. SKYP.L - Dividend Comparison
Neither KLWD.L nor SKYP.L has paid dividends to shareholders.
Drawdowns
KLWD.L vs. SKYP.L - Drawdown Comparison
Volatility
KLWD.L vs. SKYP.L - Volatility Comparison
WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) has a higher volatility of 6.43% compared to HANetf HAN-GINS Cloud Technology Equal Weight UCITS ETF (SKYP.L) at 0.00%. This indicates that KLWD.L's price experiences larger fluctuations and is considered to be riskier than SKYP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.