WCLD vs. GTEK

Last updated Jul 14, 2026

WCLD (WisdomTree Cloud Computing Fund) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. WCLD is passively managed, while GTEK is actively managed. Over the past 3 years, WCLD returned 1.37%/yr vs 29.45%/yr for GTEK. A 0.78 correlation means they provide meaningful diversification when combined. WCLD charges 0.45%/yr vs 0.75%/yr for GTEK.

Performance

WCLD vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cloud Computing Fund (WCLD) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCLD achieves a -1.20% return, which is significantly lower than GTEK's 42.08% return.

WCLD

• 1D: 2.16%
• 1M: 13.00%
• 6M: -0.14%
• YTD: -1.20%
• 1Y: -0.35%
• 3Y*: 1.37%
• 5Y*: -8.91%
• 10Y*: —

GTEK

• 1D: -4.38%
• 1M: -3.33%
• 6M: 34.40%
• YTD: 42.08%
• 1Y: 59.49%
• 3Y*: 29.45%
• 5Y*: —
• 10Y*: —

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

WCLD vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WCLD WisdomTree Cloud Computing Fund	-1.20%	-6.69%	7.35%	39.35%	-51.64%	-14.21%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	42.08%	23.68%	15.94%	33.58%	-46.73%	-2.50%

Correlation

The correlation between WCLD and GTEK is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.78

Over the past year, the correlation between WCLD and GTEK has dropped to 0.41 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

WCLD vs. GTEK - Sectors Allocation Comparison

Sectors	WCLD	GTEK
Technology	97.3%	74.5%
Healthcare	2.7%	1.1%
Communication Services	2.5%	3.7%
Basic Materials	-	3.4%
Consumer Cyclical	-	4.9%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	1.2%
Industrials	-	8.1%
Real Estate	-	2.3%
Utilities	-	-

Return for Risk

WCLD vs. GTEK — Risk / Return Rank

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

WCLD

WCLD Risk / Return Rank: 10
WCLD Sharpe Ratio Rank: 9
WCLD Sortino Ratio Rank: 10
WCLD Omega Ratio Rank: 10
WCLD Calmar Ratio Rank: 9
WCLD Martin Ratio Rank: 9

GTEK

GTEK Risk / Return Rank: 81
GTEK Sharpe Ratio Rank: 80
GTEK Sortino Ratio Rank: 71
GTEK Omega Ratio Rank: 71
GTEK Calmar Ratio Rank: 94
GTEK Martin Ratio Rank: 90

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. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). 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.

	WCLD	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	2.01	-2.02
Sortino ratio: Return per unit of downside risk	0.24	2.56	-2.32
Omega ratio: Gain probability vs. loss probability	1.03	1.33	-0.31
Calmar ratio: Return relative to maximum drawdown	-0.01	5.37	-5.38
Martin ratio: Return relative to average drawdown	-0.02	15.79	-15.82

WCLD vs. GTEK - Sharpe Ratio Comparison

The current WCLD Sharpe Ratio is -0.01, which is lower than the GTEK Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of WCLD and GTEK, 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

WCLD vs. GTEK - Drawdown Comparison

The maximum WCLD drawdown since its inception was -64.90%, which is greater than GTEK's maximum drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for WCLD and GTEK.

Drawdown Indicators

	WCLD	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-64.90%	-53.77%	-11.13%
Max Drawdown (1Y) Largest decline over 1 year	-34.68%	-11.13%	-23.55%
Max Drawdown (3Y) Largest decline over 3 years	-42.06%	-27.49%	-14.57%
Max Drawdown (5Y) Largest decline over 5 years	-64.90%	—	—
Current Drawdown Current decline from peak	-47.05%	-9.70%	-37.35%
Average Drawdown Average peak-to-trough decline	-35.77%	-26.99%	-8.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.42%	3.78%	+11.64%

Volatility

WCLD vs. GTEK - Volatility Comparison

The current volatility for WisdomTree Cloud Computing Fund (WCLD) is 9.75%, while Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has a volatility of 12.78%. This indicates that WCLD experiences smaller price fluctuations and is considered to be less risky than GTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCLD	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.75%	12.78%	-3.03%
Volatility (6M) Calculated over the trailing 6-month period	31.29%	26.10%	+5.19%
Volatility (1Y) Calculated over the trailing 1-year period	35.98%	29.74%	+6.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.65%	28.82%	+8.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.42%	28.82%	+8.60%

WCLD vs. GTEK - Expense Ratio Comparison

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

Dividends

WCLD vs. GTEK - Dividend Comparison

Neither WCLD nor GTEK has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%
WCLD WisdomTree Cloud Computing Fund	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCLD and GTEK in my portfolio?

WCLD and GTEK 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, WCLD or GTEK?

GTEK has higher volatility (12.78%) compared to WCLD (9.75%). In terms of maximum drawdown, WCLD dropped -64.90% vs GTEK's -53.77%.

Which ETF is better, WCLD or GTEK?

On 3-year performance, GTEK leads with 29.45% vs 1.37% for WCLD. On fees, WCLD is cheaper at 0.45% per year. On volatility, WCLD has been the lower-risk option at 9.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WCLD or GTEK?

Over the 3-year period, GTEK has performed better with a 29.45% return vs 1.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WCLD or GTEK?

WCLD is cheaper with a 0.45% expense ratio, compared with 0.75% for GTEK.

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

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

What is the main difference between WCLD and GTEK?

They also come from different issuers: WisdomTree and Goldman Sachs. Their fees differ too: 0.45% for WCLD and 0.75% for GTEK.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (2.01 vs -0.01), 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.