WCLD vs. TCAI

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree Cloud Computing Fund (WCLD) and Tortoise AI Infrastructure ETF (TCAI).

WCLD and TCAI 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. TCAI is an actively managed fund by Tortoise. It was launched on Aug 4, 2025.

Performance

WCLD vs. TCAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cloud Computing Fund (WCLD) and Tortoise AI Infrastructure ETF (TCAI). The values are adjusted to include any dividend payments, if applicable.

WCLD vs. TCAI - Yearly Performance Comparison

	2026 (YTD)	2025
WCLD WisdomTree Cloud Computing Fund	-21.97%	1.63%
TCAI Tortoise AI Infrastructure ETF	16.67%	17.77%

Returns By Period

In the year-to-date period, WCLD achieves a -21.97% return, which is significantly lower than TCAI's 16.67% return.

WCLD

• 1D: 2.87%
• 1M: 0.15%
• YTD: -21.97%
• 6M: -22.32%
• 1Y: -15.81%
• 3Y*: -2.75%
• 5Y*: -11.21%
• 10Y*: —

TCAI

• 1D: 4.49%
• 1M: -6.61%
• YTD: 16.67%
• 6M: 16.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WCLD vs. TCAI - Expense Ratio Comparison

WCLD has a 0.45% expense ratio, which is lower than TCAI's 0.65% expense ratio.

TCAI

Tortoise AI Infrastructure ETF

WCLD

WisdomTree Cloud Computing Fund

Return for Risk

WCLD vs. TCAI — Risk / Return Rank

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

WCLD

WCLD Risk / Return Rank: 3
WCLD Sharpe Ratio Rank: 4
WCLD Sortino Ratio Rank: 4
WCLD Omega Ratio Rank: 4
WCLD Calmar Ratio Rank: 3
WCLD Martin Ratio Rank: 1

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. TCAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and Tortoise AI Infrastructure ETF (TCAI). 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	TCAI	Difference
Sharpe ratio Return per unit of total volatility	-0.48	—	—
Sortino ratio Return per unit of downside risk	-0.48	—	—
Omega ratio Gain probability vs. loss probability	0.94	—	—
Calmar ratio Return relative to maximum drawdown	-0.55	—	—
Martin ratio Return relative to average drawdown	-1.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WCLD	TCAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	1.80	-1.77

Correlation

The correlation between WCLD and TCAI is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

WCLD vs. TCAI - Dividend Comparison

WCLD has not paid dividends to shareholders, while TCAI's dividend yield for the trailing twelve months is around 0.04%.

	TTM	2025
WCLD WisdomTree Cloud Computing Fund	0.00%	0.00%
TCAI Tortoise AI Infrastructure ETF	0.04%	0.05%

Drawdowns

WCLD vs. TCAI - Drawdown Comparison

The maximum WCLD drawdown since its inception was -64.90%, which is greater than TCAI's maximum drawdown of -15.80%. Use the drawdown chart below to compare losses from any high point for WCLD and TCAI.

Drawdown Indicators

	WCLD	TCAI	Difference
Max Drawdown Largest peak-to-trough decline	-64.90%	-15.80%	-49.10%
Max Drawdown (1Y) Largest decline over 1 year	-31.40%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-64.90%	—	—
Current Drawdown Current decline from peak	-58.18%	-8.07%	-50.11%
Average Drawdown Average peak-to-trough decline	-35.00%	-3.97%	-31.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.28%	—	—

Volatility

Volatility by Period

	WCLD	TCAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	33.23%	35.03%	-1.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.53%	35.03%	+1.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.97%	35.03%	+1.94%