SPAM vs. WCBR
Compare and contrast key facts about Themes Cybersecurity ETF (SPAM) and WisdomTree Cybersecurity Fund (WCBR).
SPAM and WCBR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPAM is a passively managed fund by Themes that tracks the performance of the Solactive Cyber Security Index - Benchmark TR Net. It was launched on Dec 7, 2023. WCBR is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Team8 Cybersecurity Index. It was launched on Jan 28, 2021. Both SPAM and WCBR 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: SPAM or WCBR.
Key characteristics
SPAM | WCBR | |
---|---|---|
YTD Return | 4.93% | -2.92% |
Daily Std Dev | 19.82% | 23.36% |
Max Drawdown | -13.19% | -52.25% |
Current Drawdown | -4.21% | -18.61% |
Correlation
The correlation between SPAM and WCBR is 0.93, 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
SPAM vs. WCBR - Performance Comparison
In the year-to-date period, SPAM achieves a 4.93% return, which is significantly higher than WCBR's -2.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPAM vs. WCBR - Expense Ratio Comparison
SPAM has a 0.35% expense ratio, which is lower than WCBR's 0.45% expense ratio.
Risk-Adjusted Performance
SPAM vs. WCBR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Themes Cybersecurity ETF (SPAM) and WisdomTree Cybersecurity Fund (WCBR). 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
SPAM vs. WCBR - Dividend Comparison
Neither SPAM nor WCBR has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | |
---|---|---|---|---|
Themes Cybersecurity ETF | 0.00% | 0.00% | 0.00% | 0.00% |
WisdomTree Cybersecurity Fund | 0.00% | 0.00% | 0.03% | 0.43% |
Drawdowns
SPAM vs. WCBR - Drawdown Comparison
The maximum SPAM drawdown since its inception was -13.19%, smaller than the maximum WCBR drawdown of -52.25%. Use the drawdown chart below to compare losses from any high point for SPAM and WCBR. For additional features, visit the drawdowns tool.
Volatility
SPAM vs. WCBR - Volatility Comparison
Themes Cybersecurity ETF (SPAM) and WisdomTree Cybersecurity Fund (WCBR) have volatilities of 5.15% and 4.92%, 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.