KLWD.L vs. SLVR.L
KLWD.L (WisdomTree Cloud Computing UCITS ETF - USD Acc) and SLVR.L (WisdomTree Silver) are both exchange-traded funds - KLWD.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while SLVR.L is a Silver fund tracking the Bloomberg Silver Subindex. Both are passively managed. Over the past year, KLWD.L returned -8.10% vs 111.39% for SLVR.L. At a correlation of -0.03, they often move in opposite directions. KLWD.L charges 0.40%/yr vs 0.49%/yr for SLVR.L.
Performance
KLWD.L vs. SLVR.L - Performance Comparison
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Different Trading Currencies
KLWD.L is traded in GBp, while SLVR.L is traded in USD. To make them comparable, the SLVR.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 SLVR.L's 4.04% return.
KLWD.L
- 1D
- -2.99%
- 1M
- 13.26%
- YTD
- -5.67%
- 6M
- -5.24%
- 1Y
- -8.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SLVR.L
- 1D
- 0.43%
- 1M
- 0.90%
- YTD
- 4.04%
- 6M
- 27.59%
- 1Y
- 111.39%
- 3Y*
- 39.80%
- 5Y*
- 20.48%
- 10Y*
- 14.35%
KLWD.L vs. SLVR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KLWD.L WisdomTree Cloud Computing UCITS ETF - USD Acc | -5.67% | 8.16% |
SLVR.L WisdomTree Silver | 4.04% | 109.68% |
Correlation
The correlation between KLWD.L and SLVR.L is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025 | -0.03 |
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Return for Risk
KLWD.L vs. SLVR.L — Risk / Return Rank
KLWD.L
SLVR.L
KLWD.L vs. SLVR.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 Silver (SLVR.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 | SLVR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.36 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.34 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 2.86 | -3.08 |
| Martin ratioReturn relative to average drawdown | -0.52 | 6.24 | -6.76 |
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 | SLVR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.22 | 1.93 | -2.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.29 | -0.24 |
Drawdowns
KLWD.L vs. SLVR.L - Drawdown Comparison
The maximum KLWD.L drawdown since its inception was -35.51%, smaller than the maximum SLVR.L drawdown of -72.07%. Use the drawdown chart below to compare losses from any high point for KLWD.L and SLVR.L.
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Drawdown Indicators
| KLWD.L | SLVR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.51% | -72.07% | +36.56% |
Max Drawdown (1Y)Largest decline over 1 year | -34.77% | -38.77% | +4.00% |
Max Drawdown (3Y)Largest decline over 3 years | — | -38.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.77% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.80% | — |
Current DrawdownCurrent decline from peak | -10.71% | -33.71% | +23.00% |
Average DrawdownAverage peak-to-trough decline | -11.11% | -43.50% | +32.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.63% | 17.80% | -3.17% |
Volatility
KLWD.L vs. SLVR.L - Volatility Comparison
The current volatility for WisdomTree Cloud Computing UCITS ETF - USD Acc (KLWD.L) is 15.82%, while WisdomTree Silver (SLVR.L) has a volatility of 17.02%. This indicates that KLWD.L experiences smaller price fluctuations and is considered to be less risky than SLVR.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 | SLVR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.82% | 17.02% | -1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 30.90% | 54.71% | -23.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.46% | 57.51% | -23.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.83% | 35.17% | -1.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.83% | 31.09% | +2.74% |
KLWD.L vs. SLVR.L - Expense Ratio Comparison
KLWD.L has a 0.40% expense ratio, which is lower than SLVR.L's 0.49% expense ratio.
Dividends
KLWD.L vs. SLVR.L - Dividend Comparison
Neither KLWD.L nor SLVR.L has paid dividends to shareholders.
Frequently Asked Questions
KLWD.L and SLVR.L have a correlation of -0.03, 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 0.49% for SLVR.L.
KLWD.L is categorized as Technology Equities, while SLVR.L is Silver. KLWD.L tracks MSCI World/Information Tech NR USD, while SLVR.L tracks Bloomberg Silver Subindex. Their fees differ too: 0.40% for KLWD.L and 0.49% for SLVR.L.
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