WCLD vs. CHAT

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Cloud Computing Fund (WCLD) and Roundhill Generative AI & Technology ETF (CHAT).

WCLD and CHAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. CHAT is an actively managed fund by Roundhill. It was launched on May 17, 2023.

Performance

WCLD vs. CHAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cloud Computing Fund (WCLD) and Roundhill Generative AI & Technology ETF (CHAT). The values are adjusted to include any dividend payments, if applicable.

WCLD vs. CHAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WCLD WisdomTree Cloud Computing Fund	-21.97%	-6.69%	7.35%	22.25%
CHAT Roundhill Generative AI & Technology ETF	4.90%	49.85%	30.98%	19.23%

Returns By Period

In the year-to-date period, WCLD achieves a -21.97% return, which is significantly lower than CHAT's 4.90% return.

WCLD

• 1D: 2.87%
• 1M: 0.15%
• YTD: -21.97%
• 6M: -22.32%
• 1Y: -15.81%
• 3Y*: -2.75%
• 5Y*: -11.21%
• 10Y*: —

CHAT

• 1D: 4.72%
• 1M: -3.19%
• YTD: 4.90%
• 6M: 3.42%
• 1Y: 82.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WCLD vs. CHAT - Expense Ratio Comparison

WCLD has a 0.45% expense ratio, which is lower than CHAT's 0.75% expense ratio.

CHAT

Roundhill Generative AI & Technology ETF

WCLD

WisdomTree Cloud Computing Fund

Return for Risk

WCLD vs. CHAT — Risk / Return Rank

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

WCLD

WCLD Risk / Return Rank: 3
WCLD Sharpe Ratio Rank: 4
WCLD Sortino Ratio Rank: 4
WCLD Omega Ratio Rank: 4
WCLD Calmar Ratio Rank: 3
WCLD Martin Ratio Rank: 1

CHAT

CHAT Risk / Return Rank: 95
CHAT Sharpe Ratio Rank: 96
CHAT Sortino Ratio Rank: 95
CHAT Omega Ratio Rank: 94
CHAT Calmar Ratio Rank: 97
CHAT Martin Ratio Rank: 94

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. CHAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and Roundhill Generative AI & Technology ETF (CHAT). 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	CHAT	Difference
Sharpe ratio Return per unit of total volatility	-0.48	2.42	-2.90
Sortino ratio Return per unit of downside risk	-0.48	3.04	-3.52
Omega ratio Gain probability vs. loss probability	0.94	1.42	-0.48
Calmar ratio Return relative to maximum drawdown	-0.55	4.94	-5.49
Martin ratio Return relative to average drawdown	-1.52	13.74	-15.26
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. CHAT - Sharpe Ratio Comparison

The current WCLD Sharpe Ratio is -0.48, which is lower than the CHAT Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of WCLD and CHAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WCLD	CHAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	2.42	-2.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	1.27	-1.24

Correlation

The correlation between WCLD and CHAT is 0.60, 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.

Dividends

WCLD vs. CHAT - Dividend Comparison

WCLD has not paid dividends to shareholders, while CHAT's dividend yield for the trailing twelve months is around 2.72%.

	TTM	2025
WCLD WisdomTree Cloud Computing Fund	0.00%	0.00%
CHAT Roundhill Generative AI & Technology ETF	2.72%	2.85%

Drawdowns

WCLD vs. CHAT - Drawdown Comparison

The maximum WCLD drawdown since its inception was -64.90%, which is greater than CHAT's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for WCLD and CHAT.

Drawdown Indicators

	WCLD	CHAT	Difference
Max Drawdown Largest peak-to-trough decline	-64.90%	-31.34%	-33.56%
Max Drawdown (1Y) Largest decline over 1 year	-31.40%	-16.28%	-15.12%
Max Drawdown (5Y) Largest decline over 5 years	-64.90%	—	—
Current Drawdown Current decline from peak	-58.18%	-6.73%	-51.45%
Average Drawdown Average peak-to-trough decline	-35.00%	-5.61%	-29.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.28%	5.85%	+5.43%

Volatility

WCLD vs. CHAT - Volatility Comparison

The current volatility for WisdomTree Cloud Computing Fund (WCLD) is 10.00%, while Roundhill Generative AI & Technology ETF (CHAT) has a volatility of 13.21%. This indicates that WCLD experiences smaller price fluctuations and is considered to be less risky than CHAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCLD	CHAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.00%	13.21%	-3.21%
Volatility (6M) Calculated over the trailing 6-month period	23.28%	23.24%	+0.04%
Volatility (1Y) Calculated over the trailing 1-year period	33.23%	34.27%	-1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.53%	29.27%	+7.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.97%	29.27%	+7.70%