SXLK.AS vs. WCLD
Compare and contrast key facts about SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) and WisdomTree Cloud Computing Fund (WCLD).
SXLK.AS and WCLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SXLK.AS is a passively managed fund by State Street that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jul 7, 2015. WCLD is a passively managed fund by WisdomTree that tracks the performance of the BVP Nasdaq Emerging Cloud Index. It was launched on Sep 6, 2019. Both SXLK.AS and WCLD 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: SXLK.AS or WCLD.
Key characteristics
| SXLK.AS | WCLD | |
|---|---|---|
| YTD Return | 14.95% | -11.13% |
| 1Y Return | 24.33% | 0.06% |
| 3Y Return (Ann) | 14.48% | -19.78% |
| 5Y Return (Ann) | 30.08% | 3.95% |
| Sharpe Ratio | 1.36 | -0.00 |
| Daily Std Dev | 19.52% | 25.44% |
| Max Drawdown | -34.44% | -64.90% |
| Current Drawdown | -8.64% | -52.46% |
Correlation
The correlation between SXLK.AS and WCLD is 0.42, 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.
Performance
SXLK.AS vs. WCLD - Performance Comparison
In the year-to-date period, SXLK.AS achieves a 14.95% return, which is significantly higher than WCLD's -11.13% return. 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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SXLK.AS vs. WCLD - Expense Ratio Comparison
SXLK.AS has a 0.15% expense ratio, which is lower than WCLD's 0.45% expense ratio.
Risk-Adjusted Performance
SXLK.AS vs. WCLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) 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.
Dividends
SXLK.AS vs. WCLD - Dividend Comparison
Neither SXLK.AS nor WCLD has paid dividends to shareholders.
Drawdowns
SXLK.AS vs. WCLD - Drawdown Comparison
The maximum SXLK.AS drawdown since its inception was -34.44%, smaller than the maximum WCLD drawdown of -64.90%. Use the drawdown chart below to compare losses from any high point for SXLK.AS and WCLD. For additional features, visit the drawdowns tool.
Volatility
SXLK.AS vs. WCLD - Volatility Comparison
SPDR S&P U.S. Technology Select Sector UCITS ETF (SXLK.AS) has a higher volatility of 7.19% compared to WisdomTree Cloud Computing Fund (WCLD) at 5.87%. This indicates that SXLK.AS's price experiences larger fluctuations and is considered to be riskier than WCLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.