WCLD vs. BDRY

Last updated Jun 4, 2026

WCLD (WisdomTree Cloud Computing Fund) and BDRY (Breakwave Dry Bulk Shipping ETF) are both exchange-traded funds - WCLD is a Technology Equities fund tracking the BVP Nasdaq Emerging Cloud Index, while BDRY is a Commodities fund tracking the Breakwave Dry Freight Futures Index. Both are passively managed. Over the past 5 years, WCLD returned -7.67%/yr vs -11.69%/yr for BDRY. At a correlation of -0.01, they often move in opposite directions. WCLD charges 0.45%/yr vs 3.76%/yr for BDRY.

Performance

WCLD vs. BDRY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cloud Computing Fund (WCLD) and Breakwave Dry Bulk Shipping ETF (BDRY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCLD achieves a -5.51% return, which is significantly lower than BDRY's 43.90% return.

WCLD

• 1D: -4.86%
• 1M: 12.10%
• YTD: -5.51%
• 6M: -5.05%
• 1Y: -9.22%
• 3Y*: 2.44%
• 5Y*: -7.67%
• 10Y*: —

BDRY

• 1D: -2.47%
• 1M: 7.04%
• YTD: 43.90%
• 6M: 35.70%
• 1Y: 142.69%
• 3Y*: 27.14%
• 5Y*: -11.69%
• 10Y*: —

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

WCLD vs. BDRY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WCLD WisdomTree Cloud Computing Fund	-5.51%	-6.69%	7.35%	39.35%	-51.64%	-3.21%	109.71%	0.91%
BDRY Breakwave Dry Bulk Shipping ETF	43.90%	44.24%	-47.40%	25.79%	-68.84%	282.99%	-50.16%	-24.45%

Correlation

The correlation between WCLD and BDRY is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Sep 9, 2019	-0.01

WCLD vs. BDRY - Sectors Allocation Comparison

Sectors	WCLD	BDRY
Technology	97.2%	-
Healthcare	2.8%	-
Communication Services	2.5%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	3.1%
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

WCLD vs. BDRY — Risk / Return Rank

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

WCLD

WCLD Risk / Return Rank: 6
WCLD Sharpe Ratio Rank: 6
WCLD Sortino Ratio Rank: 6
WCLD Omega Ratio Rank: 6
WCLD Calmar Ratio Rank: 6
WCLD Martin Ratio Rank: 6

BDRY

BDRY Risk / Return Rank: 85
BDRY Sharpe Ratio Rank: 92
BDRY Sortino Ratio Rank: 79
BDRY Omega Ratio Rank: 74
BDRY Calmar Ratio Rank: 93
BDRY Martin Ratio Rank: 88

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.

WCLD vs. BDRY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and Breakwave Dry Bulk Shipping ETF (BDRY). 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.

	WCLD	BDRY	Difference
Sharpe ratio: Return per unit of total volatility	-0.26	3.40	-3.66
Sortino ratio: Return per unit of downside risk	-0.14	3.58	-3.72
Omega ratio: Gain probability vs. loss probability	0.98	1.45	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.27	6.65	-6.91
Martin ratio: Return relative to average drawdown	-0.63	19.36	-19.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WCLD vs. BDRY - Sharpe Ratio Comparison

The current WCLD Sharpe Ratio is -0.26, which is lower than the BDRY Sharpe Ratio of 3.40. The chart below compares the historical Sharpe Ratios of WCLD and BDRY, 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

	WCLD	BDRY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.26	3.40	-3.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	-0.19	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	-0.13	+0.24

Drawdowns

WCLD vs. BDRY - Drawdown Comparison

The maximum WCLD drawdown since its inception was -64.90%, smaller than the maximum BDRY drawdown of -89.16%. Use the drawdown chart below to compare losses from any high point for WCLD and BDRY.

Drawdown Indicators

	WCLD	BDRY	Difference
Max Drawdown Largest peak-to-trough decline	-64.90%	-89.16%	+24.26%
Max Drawdown (1Y) Largest decline over 1 year	-34.68%	-21.60%	-13.08%
Max Drawdown (3Y) Largest decline over 3 years	-42.06%	-69.71%	+27.65%
Max Drawdown (5Y) Largest decline over 5 years	-64.90%	-89.16%	+24.26%
Current Drawdown Current decline from peak	-49.36%	-69.60%	+20.24%
Average Drawdown Average peak-to-trough decline	-35.55%	-58.38%	+22.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.72%	7.40%	+7.32%

Volatility

WCLD vs. BDRY - Volatility Comparison

WisdomTree Cloud Computing Fund (WCLD) has a higher volatility of 16.21% compared to Breakwave Dry Bulk Shipping ETF (BDRY) at 11.26%. This indicates that WCLD's price experiences larger fluctuations and is considered to be riskier than BDRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCLD	BDRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.21%	11.26%	+4.95%
Volatility (6M) Calculated over the trailing 6-month period	30.32%	30.02%	+0.30%
Volatility (1Y) Calculated over the trailing 1-year period	35.01%	42.29%	-7.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.46%	60.70%	-23.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.49%	62.58%	-25.09%

WCLD vs. BDRY - Expense Ratio Comparison

WCLD has a 0.45% expense ratio, which is lower than BDRY's 3.76% expense ratio.

Dividends

WCLD vs. BDRY - Dividend Comparison

Neither WCLD nor BDRY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WCLD and BDRY in my portfolio?

WCLD and BDRY have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WCLD or BDRY?

WCLD has higher volatility (16.21%) compared to BDRY (11.26%). In terms of maximum drawdown, WCLD dropped -64.90% vs BDRY's -89.16%.

Which ETF is better, WCLD or BDRY?

On 5-year performance, WCLD leads with -7.67% vs -11.69% for BDRY. On fees, WCLD is cheaper at 0.45% per year. On volatility, BDRY has been the lower-risk option at 11.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WCLD or BDRY?

Over the 5-year period, WCLD has performed better with a -7.67% return vs -11.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WCLD or BDRY?

WCLD is cheaper with a 0.45% expense ratio, compared with 3.76% for BDRY.

Which ETF pays a higher dividend yield, WCLD or BDRY?

WCLD and BDRY have nearly identical dividend yields, around 0.00%.

What is the main difference between WCLD and BDRY?

WCLD is categorized as Technology Equities, while BDRY is Commodities. WCLD tracks BVP Nasdaq Emerging Cloud Index, while BDRY tracks Breakwave Dry Freight Futures Index. They also come from different issuers: WisdomTree and ETFMG. Their fees differ too: 0.45% for WCLD and 3.76% for BDRY.

Which has better risk-adjusted returns?

BDRY currently has the higher Sharpe Ratio (3.40 vs -0.26), 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.