WCLD vs. PXQ
Compare and contrast key facts about WisdomTree Cloud Computing Fund (WCLD) and Invesco Dynamic Networking ETF (PXQ).
WCLD and PXQ 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. PXQ is a passively managed fund by Invesco that tracks the performance of the Dynamic Networking Intellidex Index. It was launched on Jun 23, 2005. Both WCLD and PXQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
WCLD vs. PXQ - Performance Comparison
Loading graphics...
WCLD vs. PXQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WCLD WisdomTree Cloud Computing Fund | -21.97% | -6.69% | 7.35% | 39.35% | -51.64% | -3.21% | 109.71% | 0.91% |
PXQ Invesco Dynamic Networking ETF | 3.66% | 28.65% | 19.41% | 27.39% | -29.54% | 21.83% | 39.14% | 6.88% |
Returns By Period
In the year-to-date period, WCLD achieves a -21.97% return, which is significantly lower than PXQ's 3.66% return.
WCLD
- 1D
- 2.87%
- 1M
- 0.15%
- YTD
- -21.97%
- 6M
- -22.32%
- 1Y
- -15.81%
- 3Y*
- -2.75%
- 5Y*
- -11.21%
- 10Y*
- —
PXQ
- 1D
- 3.38%
- 1M
- -6.68%
- YTD
- 3.66%
- 6M
- 9.60%
- 1Y
- 39.27%
- 3Y*
- 23.01%
- 5Y*
- 11.86%
- 10Y*
- 16.17%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WCLD vs. PXQ - Expense Ratio Comparison
WCLD has a 0.45% expense ratio, which is lower than PXQ's 0.63% expense ratio.
Return for Risk
WCLD vs. PXQ — Risk / Return Rank
WCLD
PXQ
WCLD vs. PXQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and Invesco Dynamic Networking ETF (PXQ). 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 | PXQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.48 | 1.70 | -2.17 |
Sortino ratioReturn per unit of downside risk | -0.48 | 2.39 | -2.87 |
Omega ratioGain probability vs. loss probability | 0.94 | 1.33 | -0.39 |
Calmar ratioReturn relative to maximum drawdown | -0.55 | 3.03 | -3.57 |
Martin ratioReturn relative to average drawdown | -1.52 | 14.17 | -15.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| WCLD | PXQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.48 | 1.70 | -2.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | 0.52 | -0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.71 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.48 | -0.45 |
Correlation
The correlation between WCLD and PXQ is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
WCLD vs. PXQ - Dividend Comparison
WCLD has not paid dividends to shareholders, while PXQ's dividend yield for the trailing twelve months is around 0.90%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PXQ Invesco Dynamic Networking ETF | 0.90% | 0.86% | 1.38% | 0.60% | 2.24% | 0.55% | 0.18% | 0.44% | 1.22% | 0.66% | 0.44% |
Drawdowns
WCLD vs. PXQ - Drawdown Comparison
The maximum WCLD drawdown since its inception was -64.90%, which is greater than PXQ's maximum drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for WCLD and PXQ.
Loading graphics...
Drawdown Indicators
| WCLD | PXQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.90% | -57.18% | -7.72% |
Max Drawdown (1Y)Largest decline over 1 year | -31.40% | -12.94% | -18.46% |
Max Drawdown (5Y)Largest decline over 5 years | -64.90% | -34.55% | -30.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.55% | — |
Current DrawdownCurrent decline from peak | -58.18% | -6.94% | -51.24% |
Average DrawdownAverage peak-to-trough decline | -35.00% | -10.82% | -24.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.28% | 2.76% | +8.52% |
Volatility
WCLD vs. PXQ - Volatility Comparison
WisdomTree Cloud Computing Fund (WCLD) has a higher volatility of 10.00% compared to Invesco Dynamic Networking ETF (PXQ) at 8.61%. This indicates that WCLD's price experiences larger fluctuations and is considered to be riskier than PXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| WCLD | PXQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.00% | 8.61% | +1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 23.28% | 15.47% | +7.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.23% | 23.27% | +9.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.53% | 22.86% | +13.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.97% | 22.72% | +14.25% |