UDIV.DE vs. CL0U.DE

Last updated Jun 5, 2026

UDIV.DE (Global X SuperDividend UCITS ETF USD Distributing) and CL0U.DE (Global X Cloud Computing UCITS ETF) are both exchange-traded funds - UDIV.DE is a Dividend fund tracking the Solactive Global SuperDividend Index, while CL0U.DE is a Technology Equities fund tracking the Indxx Global Cloud Computing. Both are passively managed. Over the past 3 years, UDIV.DE returned 16.38%/yr vs 7.04%/yr for CL0U.DE. At a 0.39 correlation, their price movements are largely independent. UDIV.DE charges 0.45%/yr vs 0.55%/yr for CL0U.DE.

Performance

UDIV.DE vs. CL0U.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Global X SuperDividend UCITS ETF USD Distributing (UDIV.DE) and Global X Cloud Computing UCITS ETF (CL0U.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UDIV.DE achieves a 7.97% return, which is significantly lower than CL0U.DE's 11.61% return.

UDIV.DE

• 1D: 0.37%
• 1M: -3.13%
• YTD: 7.97%
• 6M: 7.08%
• 1Y: 23.35%
• 3Y*: 16.38%
• 5Y*: —
• 10Y*: —

CL0U.DE

• 1D: 1.66%
• 1M: 13.48%
• YTD: 11.61%
• 6M: 10.17%
• 1Y: 5.95%
• 3Y*: 7.04%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UDIV.DE vs. CL0U.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UDIV.DE Global X SuperDividend UCITS ETF USD Distributing	7.97%	14.37%	8.92%	9.15%	-21.91%
CL0U.DE Global X Cloud Computing UCITS ETF	11.61%	-16.03%	11.50%	40.13%	-21.68%

Correlation

The correlation between UDIV.DE and CL0U.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022	0.39

The correlation between UDIV.DE and CL0U.DE shifts across timeframes, from 0.21 (1 year) to 0.40 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

UDIV.DE vs. CL0U.DE — Risk / Return Rank

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

UDIV.DE

UDIV.DE Risk / Return Rank: 78
UDIV.DE Sharpe Ratio Rank: 72
UDIV.DE Sortino Ratio Rank: 70
UDIV.DE Omega Ratio Rank: 75
UDIV.DE Calmar Ratio Rank: 87
UDIV.DE Martin Ratio Rank: 88

CL0U.DE

CL0U.DE Risk / Return Rank: 12
CL0U.DE Sharpe Ratio Rank: 12
CL0U.DE Sortino Ratio Rank: 13
CL0U.DE Omega Ratio Rank: 13
CL0U.DE Calmar Ratio Rank: 12
CL0U.DE Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UDIV.DE vs. CL0U.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend UCITS ETF USD Distributing (UDIV.DE) and Global X Cloud Computing UCITS ETF (CL0U.DE). 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.

	UDIV.DE	CL0U.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.31	0.20	+2.11
Sortino ratio: Return per unit of downside risk	3.16	0.49	+2.67
Omega ratio: Gain probability vs. loss probability	1.44	1.07	+0.37
Calmar ratio: Return relative to maximum drawdown	4.98	0.22	+4.76
Martin ratio: Return relative to average drawdown	18.99	0.51	+18.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UDIV.DE vs. CL0U.DE - Sharpe Ratio Comparison

The current UDIV.DE Sharpe Ratio is 2.31, which is higher than the CL0U.DE Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of UDIV.DE and CL0U.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UDIV.DE	CL0U.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.31	0.20	+2.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	-0.14	+0.35

Drawdowns

UDIV.DE vs. CL0U.DE - Drawdown Comparison

The maximum UDIV.DE drawdown since its inception was -29.76%, smaller than the maximum CL0U.DE drawdown of -46.57%. Use the drawdown chart below to compare losses from any high point for UDIV.DE and CL0U.DE.

Drawdown Indicators

	UDIV.DE	CL0U.DE	Difference
Max Drawdown Largest peak-to-trough decline	-29.76%	-46.57%	+16.81%
Max Drawdown (1Y) Largest decline over 1 year	-4.67%	-27.28%	+22.61%
Max Drawdown (3Y) Largest decline over 3 years	-20.11%	-40.10%	+19.99%
Current Drawdown Current decline from peak	-3.13%	-20.30%	+17.17%
Average Drawdown Average peak-to-trough decline	-11.31%	-30.96%	+19.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.23%	11.66%	-10.43%

Volatility

UDIV.DE vs. CL0U.DE - Volatility Comparison

The current volatility for Global X SuperDividend UCITS ETF USD Distributing (UDIV.DE) is 2.35%, while Global X Cloud Computing UCITS ETF (CL0U.DE) has a volatility of 11.61%. This indicates that UDIV.DE experiences smaller price fluctuations and is considered to be less risky than CL0U.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UDIV.DE	CL0U.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	11.61%	-9.26%
Volatility (6M) Calculated over the trailing 6-month period	6.78%	25.33%	-18.55%
Volatility (1Y) Calculated over the trailing 1-year period	10.07%	29.28%	-19.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.33%	29.45%	-14.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.33%	29.45%	-14.12%

UDIV.DE vs. CL0U.DE - Expense Ratio Comparison

UDIV.DE has a 0.45% expense ratio, which is lower than CL0U.DE's 0.55% expense ratio.

Dividends

UDIV.DE vs. CL0U.DE - Dividend Comparison

UDIV.DE's dividend yield for the trailing twelve months is around 9.17%, while CL0U.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
CL0U.DE Global X Cloud Computing UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%
UDIV.DE Global X SuperDividend UCITS ETF USD Distributing	9.17%	9.75%	14.48%	18.90%	8.94%

Frequently Asked Questions

Can I hold both UDIV.DE and CL0U.DE in my portfolio?

UDIV.DE and CL0U.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UDIV.DE or CL0U.DE?

On fees, UDIV.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UDIV.DE or CL0U.DE?

UDIV.DE is cheaper with a 0.45% expense ratio, compared with 0.55% for CL0U.DE.

What is the main difference between UDIV.DE and CL0U.DE?

UDIV.DE is categorized as Dividend, while CL0U.DE is Technology Equities. UDIV.DE tracks Solactive Global SuperDividend Index, while CL0U.DE tracks Indxx Global Cloud Computing. Their fees differ too: 0.45% for UDIV.DE and 0.55% for CL0U.DE.