WCLD vs. DGRW

Last updated Jun 3, 2026

WCLD (WisdomTree Cloud Computing Fund) and DGRW (WisdomTree U.S. Dividend Growth Fund) are both exchange-traded funds - WCLD is a Technology Equities fund tracking the BVP Nasdaq Emerging Cloud Index, while DGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Dividend Growth Index. Both are passively managed. Over the past 5 years, WCLD returned -6.46%/yr vs 12.52%/yr for DGRW. A 0.52 correlation means they provide meaningful diversification when combined. WCLD charges 0.45%/yr vs 0.28%/yr for DGRW.

Performance

WCLD vs. DGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cloud Computing Fund (WCLD) and WisdomTree U.S. Dividend Growth Fund (DGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCLD achieves a -0.69% return, which is significantly lower than DGRW's 10.01% return.

WCLD

• 1D: -3.28%
• 1M: 20.60%
• YTD: -0.69%
• 6M: 1.46%
• 1Y: -3.15%
• 3Y*: 4.16%
• 5Y*: -6.46%
• 10Y*: —

DGRW

• 1D: 0.27%
• 1M: 4.42%
• YTD: 10.01%
• 6M: 10.12%
• 1Y: 22.57%
• 3Y*: 16.97%
• 5Y*: 12.52%
• 10Y*: 14.25%

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

WCLD vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WCLD WisdomTree Cloud Computing Fund	-0.69%	-6.69%	7.35%	39.35%	-51.64%	-3.21%	109.71%	0.91%
DGRW WisdomTree U.S. Dividend Growth Fund	10.01%	12.17%	16.98%	18.66%	-6.33%	24.46%	13.87%	9.00%

Correlation

The correlation between WCLD and DGRW is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Sep 9, 2019	0.52

The correlation between WCLD and DGRW shifts across timeframes, from 0.34 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.

WCLD vs. DGRW - Sectors Allocation Comparison

Sectors	WCLD	DGRW
Technology	97.2%	32.1%
Healthcare	2.8%	12.8%
Communication Services	2.5%	10.1%
Basic Materials	-	3.3%
Consumer Cyclical	-	7.1%
Consumer Defensive	-	6.7%
Energy	-	5.0%
Financial Services	-	11.3%
Industrials	-	9.9%
Real Estate	-	-
Utilities	-	0.2%

Return for Risk

WCLD vs. DGRW — Risk / Return Rank

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

WCLD

WCLD Risk / Return Rank: 8
WCLD Sharpe Ratio Rank: 8
WCLD Sortino Ratio Rank: 8
WCLD Omega Ratio Rank: 8
WCLD Calmar Ratio Rank: 8
WCLD Martin Ratio Rank: 8

DGRW

DGRW Risk / Return Rank: 67
DGRW Sharpe Ratio Rank: 69
DGRW Sortino Ratio Rank: 73
DGRW Omega Ratio Rank: 71
DGRW Calmar Ratio Rank: 55
DGRW Martin Ratio Rank: 66

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. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and WisdomTree U.S. Dividend Growth Fund (DGRW). 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	DGRW	Difference
Sharpe ratio Return per unit of total volatility	-0.09	2.30	-2.39
Sortino ratio Return per unit of downside risk	0.11	3.35	-3.23
Omega ratio Gain probability vs. loss probability	1.01	1.43	-0.41
Calmar ratio Return relative to maximum drawdown	-0.09	2.76	-2.85
Martin ratio Return relative to average drawdown	-0.20	12.13	-12.33
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. DGRW - Sharpe Ratio Comparison

The current WCLD Sharpe Ratio is -0.09, which is lower than the DGRW Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of WCLD and DGRW, 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	DGRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	2.30	-2.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	0.90	-1.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.86	-0.73

Drawdowns

WCLD vs. DGRW - Drawdown Comparison

The maximum WCLD drawdown since its inception was -64.90%, which is greater than DGRW's maximum drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for WCLD and DGRW.

Drawdown Indicators

	WCLD	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-64.90%	-32.04%	-32.86%
Max Drawdown (1Y) Largest decline over 1 year	-34.68%	-8.30%	-26.38%
Max Drawdown (3Y) Largest decline over 3 years	-42.06%	-16.21%	-25.85%
Max Drawdown (5Y) Largest decline over 5 years	-64.90%	-17.27%	-47.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-46.78%	0.00%	-46.78%
Average Drawdown Average peak-to-trough decline	-35.54%	-3.01%	-32.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.71%	1.89%	+12.82%

Volatility

WCLD vs. DGRW - Volatility Comparison

WisdomTree Cloud Computing Fund (WCLD) has a higher volatility of 15.21% compared to WisdomTree U.S. Dividend Growth Fund (DGRW) at 2.34%. This indicates that WCLD's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCLD	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.21%	2.34%	+12.87%
Volatility (6M) Calculated over the trailing 6-month period	29.91%	7.61%	+22.30%
Volatility (1Y) Calculated over the trailing 1-year period	34.67%	9.84%	+24.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.41%	13.96%	+23.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.46%	16.21%	+21.25%

WCLD vs. DGRW - Expense Ratio Comparison

WCLD has a 0.45% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

WCLD vs. DGRW - Dividend Comparison

WCLD has not paid dividends to shareholders, while DGRW's dividend yield for the trailing twelve months is around 1.26%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Dividend Growth Fund	1.26%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
WCLD WisdomTree Cloud Computing Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCLD and DGRW in my portfolio?

WCLD and DGRW have a correlation of 0.34, 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 DGRW?

WCLD has higher volatility (15.21%) compared to DGRW (2.34%). In terms of maximum drawdown, WCLD dropped -64.90% vs DGRW's -32.04%.

Which ETF is better, WCLD or DGRW?

On 5-year performance, DGRW leads with 12.52% vs -6.46% for WCLD. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 2.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WCLD or DGRW?

Over the 5-year period, DGRW has performed better with a 12.52% return vs -6.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WCLD or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.45% for WCLD.

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

DGRW has the higher dividend yield at 1.26%, compared with 0.00% for WCLD.

What is the main difference between WCLD and DGRW?

WCLD is categorized as Technology Equities, while DGRW is Large Cap Growth Equities. WCLD tracks BVP Nasdaq Emerging Cloud Index, while DGRW tracks WisdomTree U.S. Dividend Growth Index. Their fees differ too: 0.45% for WCLD and 0.28% for DGRW.

Which has better risk-adjusted returns?

DGRW currently has the higher Sharpe Ratio (2.30 vs -0.09), 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.