WCLD vs. SOXX
Compare and contrast key facts about WisdomTree Cloud Computing Fund (WCLD) and iShares PHLX Semiconductor ETF (SOXX).
WCLD and SOXX 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. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001. Both WCLD and SOXX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WCLD or SOXX.
Key characteristics
| WCLD | SOXX | |
|---|---|---|
| YTD Return | 8.58% | 14.25% |
| 1Y Return | 26.16% | 29.81% |
| 3Y Return (Ann) | -16.12% | 8.77% |
| 5Y Return (Ann) | 8.43% | 23.83% |
| Sharpe Ratio | 1.37 | 1.01 |
| Sortino Ratio | 1.91 | 1.48 |
| Omega Ratio | 1.24 | 1.19 |
| Calmar Ratio | 0.59 | 1.39 |
| Martin Ratio | 2.83 | 3.53 |
| Ulcer Index | 11.63% | 9.79% |
| Daily Std Dev | 24.00% | 34.32% |
| Max Drawdown | -64.90% | -70.21% |
| Current Drawdown | -41.91% | -17.55% |
Correlation
The correlation between WCLD and SOXX is 0.63, 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.
Performance
WCLD vs. SOXX - Performance Comparison
In the year-to-date period, WCLD achieves a 8.58% return, which is significantly lower than SOXX's 14.25% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WCLD vs. SOXX - Expense Ratio Comparison
WCLD has a 0.45% expense ratio, which is lower than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
WCLD vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and iShares PHLX Semiconductor ETF (SOXX). 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.
Dividends
WCLD vs. SOXX - Dividend Comparison
WCLD has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SOXX iShares PHLX Semiconductor ETF | 0.67% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
Drawdowns
WCLD vs. SOXX - Drawdown Comparison
The maximum WCLD drawdown since its inception was -64.90%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for WCLD and SOXX. For additional features, visit the drawdowns tool.
Volatility
WCLD vs. SOXX - Volatility Comparison
The current volatility for WisdomTree Cloud Computing Fund (WCLD) is 6.23%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 8.24%. This indicates that WCLD experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.