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SKYY vs. WCLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SKYY and WCLD is 0.66, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

SKYY vs. WCLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust ISE Cloud Computing Index Fund (SKYY) and WisdomTree Cloud Computing Fund (WCLD). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
81.27%
29.19%
SKYY
WCLD

Key characteristics

Sharpe Ratio

SKYY:

0.40

WCLD:

0.01

Sortino Ratio

SKYY:

0.75

WCLD:

0.23

Omega Ratio

SKYY:

1.10

WCLD:

1.03

Calmar Ratio

SKYY:

0.38

WCLD:

0.00

Martin Ratio

SKYY:

1.28

WCLD:

0.02

Ulcer Index

SKYY:

9.40%

WCLD:

10.54%

Daily Std Dev

SKYY:

29.82%

WCLD:

30.76%

Max Drawdown

SKYY:

-53.20%

WCLD:

-64.90%

Current Drawdown

SKYY:

-21.23%

WCLD:

-49.93%

Returns By Period

The year-to-date returns for both investments are quite close, with SKYY having a -13.26% return and WCLD slightly higher at -12.82%.


SKYY

YTD

-13.26%

1M

-4.90%

6M

-1.85%

1Y

12.78%

5Y*

11.40%

10Y*

13.30%

WCLD

YTD

-12.82%

1M

-5.27%

6M

-0.64%

1Y

1.29%

5Y*

3.57%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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SKYY vs. WCLD - Expense Ratio Comparison

SKYY has a 0.60% expense ratio, which is higher than WCLD's 0.45% expense ratio.


Expense ratio chart for SKYY: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SKYY: 0.60%
Expense ratio chart for WCLD: current value is 0.45%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
WCLD: 0.45%

Risk-Adjusted Performance

SKYY vs. WCLD — Risk-Adjusted Performance Rank

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

SKYY
The Risk-Adjusted Performance Rank of SKYY is 5050
Overall Rank
The Sharpe Ratio Rank of SKYY is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of SKYY is 5252
Sortino Ratio Rank
The Omega Ratio Rank of SKYY is 5252
Omega Ratio Rank
The Calmar Ratio Rank of SKYY is 5151
Calmar Ratio Rank
The Martin Ratio Rank of SKYY is 4646
Martin Ratio Rank

WCLD
The Risk-Adjusted Performance Rank of WCLD is 2121
Overall Rank
The Sharpe Ratio Rank of WCLD is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of WCLD is 2323
Sortino Ratio Rank
The Omega Ratio Rank of WCLD is 2222
Omega Ratio Rank
The Calmar Ratio Rank of WCLD is 2020
Calmar Ratio Rank
The Martin Ratio Rank of WCLD is 1919
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SKYY vs. WCLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust ISE Cloud Computing Index Fund (SKYY) and WisdomTree Cloud Computing Fund (WCLD). 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.


The chart of Sharpe ratio for SKYY, currently valued at 0.40, compared to the broader market-1.000.001.002.003.004.00
SKYY: 0.40
WCLD: 0.01
The chart of Sortino ratio for SKYY, currently valued at 0.75, compared to the broader market-2.000.002.004.006.008.00
SKYY: 0.75
WCLD: 0.23
The chart of Omega ratio for SKYY, currently valued at 1.10, compared to the broader market0.501.001.502.002.50
SKYY: 1.10
WCLD: 1.03
The chart of Calmar ratio for SKYY, currently valued at 0.38, compared to the broader market0.002.004.006.008.0010.0012.00
SKYY: 0.38
WCLD: 0.00
The chart of Martin ratio for SKYY, currently valued at 1.28, compared to the broader market0.0020.0040.0060.00
SKYY: 1.28
WCLD: 0.02

The current SKYY Sharpe Ratio is 0.40, which is higher than the WCLD Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of SKYY and WCLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.40
0.01
SKYY
WCLD

Dividends

SKYY vs. WCLD - Dividend Comparison

Neither SKYY nor WCLD has paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
SKYY
First Trust ISE Cloud Computing Index Fund
0.00%0.00%0.00%0.23%0.78%0.17%0.54%0.95%0.27%0.35%0.41%0.17%
WCLD
WisdomTree Cloud Computing Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SKYY vs. WCLD - Drawdown Comparison

The maximum SKYY drawdown since its inception was -53.20%, smaller than the maximum WCLD drawdown of -64.90%. Use the drawdown chart below to compare losses from any high point for SKYY and WCLD. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-21.23%
-49.93%
SKYY
WCLD

Volatility

SKYY vs. WCLD - Volatility Comparison

First Trust ISE Cloud Computing Index Fund (SKYY) and WisdomTree Cloud Computing Fund (WCLD) have volatilities of 18.65% and 18.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
18.65%
18.49%
SKYY
WCLD