WCBR vs. TDV

Last updated Aug 4, 2026

WCBR (WisdomTree Cybersecurity Fund) and TDV (ProShares S&P Technology Dividend Aristocrats ETF) are both Technology Equities funds - WCBR tracks the WisdomTree Team8 Cybersecurity Index while TDV tracks the S&P Technology Dividend Aristocrats Index. Both are passively managed. Over the past 5 years, WCBR returned 8.16%/yr vs 11.63%/yr for TDV. Their 0.59 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.45% expense ratio.

Performance

WCBR vs. TDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cybersecurity Fund (WCBR) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCBR achieves a 38.04% return, which is significantly higher than TDV's 15.84% return.

WCBR

• 1D: 3.28%
• 1M: 3.11%
• 6M: 45.67%
• YTD: 38.04%
• 1Y: 27.65%
• 3Y*: 24.81%
• 5Y*: 8.16%
• 10Y*: —
• ALL TIME*: 8.63%

TDV

• 1D: 0.74%
• 1M: 0.16%
• 6M: 10.79%
• YTD: 15.84%
• 1Y: 23.40%
• 3Y*: 16.36%
• 5Y*: 11.63%
• 10Y*: —
• ALL TIME*: 15.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TDV ProShares S&P Technology Dividend Aristocrats ETF	$563.42K	$555.21K	$605.15K
WCBR WisdomTree Cybersecurity Fund	$2.26M	$1.99M	$1.49M

WCBR vs. TDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WCBR WisdomTree Cybersecurity Fund	38.04%	-1.44%	11.42%	66.63%	-41.96%	7.65%
TDV ProShares S&P Technology Dividend Aristocrats ETF	15.84%	16.05%	9.72%	27.29%	-15.94%	25.65%

Correlation

The correlation between WCBR and TDV is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.41
Correlation (3Y) Balances recent behavior with more history.	0.54
Correlation (5Y) Shows whether the relationship held over a longer period.	0.60
Correlation (All Time) Calculated using the full available price history since Jan 28, 2021	0.59

The correlation between WCBR and TDV shifts across timeframes, from 0.41 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.

WCBR vs. TDV - Sectors Allocation Comparison

Sectors	WCBR	TDV
Technology	100.0%	90.3%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	5.1%
Healthcare	-	-
Industrials	-	4.6%
Real Estate	-	-
Utilities	-	-

Return for Risk

WCBR vs. TDV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WCBR

WCBR Risk / Return Rank: 30
WCBR Sharpe Ratio Rank: 32
WCBR Sortino Ratio Rank: 33
WCBR Omega Ratio Rank: 32
WCBR Calmar Ratio Rank: 29
WCBR Martin Ratio Rank: 26

TDV

TDV Risk / Return Rank: 52
TDV Sharpe Ratio Rank: 48
TDV Sortino Ratio Rank: 45
TDV Omega Ratio Rank: 45
TDV Calmar Ratio Rank: 68
TDV Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WCBR vs. TDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cybersecurity Fund (WCBR) and ProShares S&P Technology Dividend Aristocrats ETF (TDV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WCBR	TDV	Difference
Sharpe ratio: Return per unit of total volatility	0.81	1.22	-0.41
Sortino ratio: Return per unit of downside risk	1.27	1.70	-0.43
Omega ratio: Gain probability vs. loss probability	1.16	1.22	-0.06
Calmar ratio: Return relative to maximum drawdown	0.93	2.46	-1.53
Martin ratio: Return relative to average drawdown	2.09	6.43	-4.34

WCBR vs. TDV - Sharpe Ratio Comparison

The current WCBR Sharpe Ratio is 0.81, which is lower than the TDV Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of WCBR and TDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WCBR vs. TDV - Drawdown Comparison

The maximum WCBR drawdown since its inception was -52.25%, which is greater than TDV's maximum drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for WCBR and TDV.

Drawdown Indicators

	WCBR	TDV	Difference
Max Drawdown Largest peak-to-trough decline	-52.25%	-32.78%	-19.47%
Max Drawdown (1Y) Largest decline over 1 year	-29.92%	-9.55%	-20.37%
Max Drawdown (3Y) Largest decline over 3 years	-30.27%	-22.51%	-7.76%
Max Drawdown (5Y) Largest decline over 5 years	-52.25%	-25.11%	-27.14%
Current Drawdown Current decline from peak	-4.94%	-6.28%	+1.34%
Average Drawdown Average peak-to-trough decline	-19.96%	-5.37%	-14.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.27%	3.65%	+9.62%

Volatility

WCBR vs. TDV - Volatility Comparison

WisdomTree Cybersecurity Fund (WCBR) has a higher volatility of 11.32% compared to ProShares S&P Technology Dividend Aristocrats ETF (TDV) at 5.20%. This indicates that WCBR's price experiences larger fluctuations and is considered to be riskier than TDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCBR	TDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.32%	5.20%	+6.12%
Volatility (6M) Calculated over the trailing 6-month period	29.53%	15.28%	+14.25%
Volatility (1Y) Calculated over the trailing 1-year period	34.51%	19.38%	+15.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.10%	20.83%	+13.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.67%	23.26%	+10.41%

WCBR vs. TDV - Expense Ratio Comparison

Both WCBR and TDV have an expense ratio of 0.45%.

Dividends

WCBR vs. TDV - Dividend Comparison

WCBR has not paid dividends to shareholders, while TDV's dividend yield for the trailing twelve months is around 1.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
TDV ProShares S&P Technology Dividend Aristocrats ETF	1.05%	1.09%	1.16%	1.16%	1.67%	1.08%	1.10%	0.11%
WCBR WisdomTree Cybersecurity Fund	0.00%	0.00%	0.02%	0.00%	0.03%	0.43%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCBR and TDV in my portfolio?

WCBR and TDV have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WCBR or TDV?

WCBR has higher volatility (11.32%) compared to TDV (5.20%). In terms of maximum drawdown, WCBR dropped -52.25% vs TDV's -32.78%.

Which ETF is better, WCBR or TDV?

On 5-year performance, TDV leads with 11.63% vs 8.16% for WCBR. Both ETFs have the same 0.45% expense ratio. On volatility, TDV has been the lower-risk option at 5.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WCBR or TDV?

Over the 5-year period, TDV has performed better with a 11.63% return vs 8.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WCBR or TDV?

WCBR and TDV have the same expense ratio: 0.45% per year.

Which ETF pays a higher dividend yield, WCBR or TDV?

TDV has the higher dividend yield at 1.05%, compared with 0.00% for WCBR.

What is the main difference between WCBR and TDV?

WCBR tracks WisdomTree Team8 Cybersecurity Index, while TDV tracks S&P Technology Dividend Aristocrats Index. They also come from different issuers: WisdomTree and ProShares.

Which has better risk-adjusted returns?

TDV currently has the higher Sharpe Ratio (1.22 vs 0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.