WCLD vs. HACK

Last updated Jun 3, 2026

WCLD (WisdomTree Cloud Computing Fund) and HACK (ETFMG Prime Cyber Security ETF) are both Technology Equities funds - WCLD tracks the BVP Nasdaq Emerging Cloud Index while HACK tracks the Prime Cyber Defense Index. Both are passively managed. Over the past 5 years, WCLD returned -6.46%/yr vs 12.66%/yr for HACK. Their correlation of 0.86 suggests significant overlap in exposure. WCLD charges 0.45%/yr vs 0.60%/yr for HACK.

Performance

WCLD vs. HACK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cloud Computing Fund (WCLD) and ETFMG Prime Cyber Security ETF (HACK). 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 HACK's 31.11% return.

WCLD

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

HACK

• 1D: 0.35%
• 1M: 30.44%
• YTD: 31.11%
• 6M: 26.65%
• 1Y: 26.77%
• 3Y*: 29.03%
• 5Y*: 12.66%
• 10Y*: 16.20%

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

WCLD vs. HACK - 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%
HACK ETFMG Prime Cyber Security ETF	31.11%	7.97%	23.49%	37.44%	-28.16%	7.03%	41.51%	7.64%

Correlation

The correlation between WCLD and HACK is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Sep 9, 2019	0.86

The correlation between WCLD and HACK has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

WCLD vs. HACK - Sectors Allocation Comparison

Sectors	WCLD	HACK
Technology	97.2%	93.0%
Healthcare	2.8%	-
Communication Services	2.5%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.1%
Industrials	-	6.9%
Real Estate	-	-
Utilities	-	-

Return for Risk

WCLD vs. HACK — 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

HACK

HACK Risk / Return Rank: 28
HACK Sharpe Ratio Rank: 30
HACK Sortino Ratio Rank: 29
HACK Omega Ratio Rank: 29
HACK Calmar Ratio Rank: 29
HACK Martin Ratio Rank: 24

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. HACK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and ETFMG Prime Cyber Security ETF (HACK). 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	HACK	Difference
Sharpe ratio Return per unit of total volatility	-0.09	1.06	-1.15
Sortino ratio Return per unit of downside risk	0.11	1.53	-1.41
Omega ratio Gain probability vs. loss probability	1.01	1.20	-0.19
Calmar ratio Return relative to maximum drawdown	-0.09	1.40	-1.48
Martin ratio Return relative to average drawdown	-0.20	3.36	-3.57
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. HACK - Sharpe Ratio Comparison

The current WCLD Sharpe Ratio is -0.09, which is lower than the HACK Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of WCLD and HACK, 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	HACK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	1.06	-1.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	0.53	-0.70
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.59	-0.46

Drawdowns

WCLD vs. HACK - Drawdown Comparison

The maximum WCLD drawdown since its inception was -64.90%, which is greater than HACK's maximum drawdown of -42.68%. Use the drawdown chart below to compare losses from any high point for WCLD and HACK.

Drawdown Indicators

	WCLD	HACK	Difference
Max Drawdown Largest peak-to-trough decline	-64.90%	-42.68%	-22.22%
Max Drawdown (1Y) Largest decline over 1 year	-34.68%	-20.67%	-14.01%
Max Drawdown (3Y) Largest decline over 3 years	-42.06%	-21.90%	-20.16%
Max Drawdown (5Y) Largest decline over 5 years	-64.90%	-38.68%	-26.22%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.68%	—
Current Drawdown Current decline from peak	-46.78%	0.00%	-46.78%
Average Drawdown Average peak-to-trough decline	-35.54%	-11.64%	-23.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.71%	8.58%	+6.13%

Volatility

WCLD vs. HACK - Volatility Comparison

WisdomTree Cloud Computing Fund (WCLD) has a higher volatility of 15.21% compared to ETFMG Prime Cyber Security ETF (HACK) at 9.78%. This indicates that WCLD's price experiences larger fluctuations and is considered to be riskier than HACK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCLD	HACK	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.21%	9.78%	+5.43%
Volatility (6M) Calculated over the trailing 6-month period	29.91%	21.33%	+8.58%
Volatility (1Y) Calculated over the trailing 1-year period	34.67%	25.33%	+9.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.41%	24.14%	+13.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.46%	23.25%	+14.21%

WCLD vs. HACK - Expense Ratio Comparison

WCLD has a 0.45% expense ratio, which is lower than HACK's 0.60% expense ratio.

Dividends

WCLD vs. HACK - Dividend Comparison

WCLD has not paid dividends to shareholders, while HACK's dividend yield for the trailing twelve months is around 0.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HACK ETFMG Prime Cyber Security ETF	0.06%	0.07%	0.14%	0.20%	0.24%	0.26%	1.11%	0.14%	0.09%	0.01%	1.23%
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%

Frequently Asked Questions

Can I hold both WCLD and HACK in my portfolio?

WCLD and HACK have a correlation of 0.84, 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 HACK?

WCLD has higher volatility (15.21%) compared to HACK (9.78%). In terms of maximum drawdown, WCLD dropped -64.90% vs HACK's -42.68%.

Which ETF is better, WCLD or HACK?

On 5-year performance, HACK leads with 12.66% vs -6.46% for WCLD. On fees, WCLD is cheaper at 0.45% per year. On volatility, HACK has been the lower-risk option at 9.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WCLD or HACK?

Over the 5-year period, HACK has performed better with a 12.66% 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 HACK?

WCLD is cheaper with a 0.45% expense ratio, compared with 0.60% for HACK.

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

HACK has the higher dividend yield at 0.06%, compared with 0.00% for WCLD.

What is the main difference between WCLD and HACK?

WCLD tracks BVP Nasdaq Emerging Cloud Index, while HACK tracks Prime Cyber Defense Index. They also come from different issuers: WisdomTree and ETFMG. Their fees differ too: 0.45% for WCLD and 0.60% for HACK.

Which has better risk-adjusted returns?

HACK currently has the higher Sharpe Ratio (1.06 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.