WCLD vs. XLKI

Last updated Aug 4, 2026

WCLD (WisdomTree Cloud Computing Fund) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. WCLD is passively managed, while XLKI is actively managed. Over the past year, WCLD returned 7.59% vs 26.30% for XLKI. Their 0.28 correlation means their historical movements had little consistent relationship. WCLD charges 0.45%/yr vs 0.35%/yr for XLKI.

Performance

WCLD vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cloud Computing Fund (WCLD) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCLD achieves a 4.48% return, which is significantly lower than XLKI's 12.19% return.

WCLD

• 1D: 3.07%
• 1M: 9.13%
• 6M: 21.53%
• YTD: 4.48%
• 1Y: 7.59%
• 3Y*: 4.20%
• 5Y*: -9.01%
• 10Y*: —
• ALL TIME*: 5.46%

XLKI

• 1D: 1.38%
• 1M: 0.31%
• 6M: 9.72%
• YTD: 12.19%
• 1Y: 26.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.17%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
WCLD WisdomTree Cloud Computing Fund	$34.13M	$31.66M	$33.85M
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$526.89K	$421.64K	$346.32K

WCLD vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
WCLD WisdomTree Cloud Computing Fund	4.48%	-3.74%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	12.19%	10.02%

Correlation

The correlation between WCLD and XLKI is 0.27, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.27
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.28

WCLD vs. XLKI - Sectors Allocation Comparison

Sectors	WCLD	XLKI
Technology	97.2%	99.2%
Healthcare	2.8%	-
Communication Services	2.5%	0.8%
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	99.9%
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

WCLD vs. XLKI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WCLD

WCLD Risk / Return Rank: 16
WCLD Sharpe Ratio Rank: 15
WCLD Sortino Ratio Rank: 17
WCLD Omega Ratio Rank: 17
WCLD Calmar Ratio Rank: 14
WCLD Martin Ratio Rank: 14

XLKI

XLKI Risk / Return Rank: 57
XLKI Sharpe Ratio Rank: 52
XLKI Sortino Ratio Rank: 50
XLKI Omega Ratio Rank: 53
XLKI Calmar Ratio Rank: 65
XLKI Martin Ratio Rank: 66

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WCLD vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing Fund (WCLD) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). 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	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	0.21	1.33	-1.12
Sortino ratio: Return per unit of downside risk	0.55	1.84	-1.29
Omega ratio: Gain probability vs. loss probability	1.07	1.25	-0.18
Calmar ratio: Return relative to maximum drawdown	0.22	2.36	-2.14
Martin ratio: Return relative to average drawdown	0.49	8.25	-7.76

WCLD vs. XLKI - Sharpe Ratio Comparison

The current WCLD Sharpe Ratio is 0.21, which is lower than the XLKI Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of WCLD and XLKI, 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. XLKI - Drawdown Comparison

The maximum WCLD drawdown since its inception was -64.90%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for WCLD and XLKI.

Drawdown Indicators

	WCLD	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-64.90%	-11.21%	-53.69%
Max Drawdown (1Y) Largest decline over 1 year	-34.68%	-11.21%	-23.47%
Max Drawdown (3Y) Largest decline over 3 years	-42.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-64.90%	—	—
Current Drawdown Current decline from peak	-44.01%	-5.44%	-38.57%
Average Drawdown Average peak-to-trough decline	-35.87%	-2.17%	-33.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.43%	3.20%	+12.23%

Volatility

WCLD vs. XLKI - Volatility Comparison

WisdomTree Cloud Computing Fund (WCLD) has a higher volatility of 10.69% compared to State Street Technology Select Sector SPDR Premium Income ETF (XLKI) at 8.46%. This indicates that WCLD's price experiences larger fluctuations and is considered to be riskier than XLKI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCLD	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.69%	8.46%	+2.23%
Volatility (6M) Calculated over the trailing 6-month period	31.59%	17.52%	+14.07%
Volatility (1Y) Calculated over the trailing 1-year period	36.89%	19.95%	+16.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.83%	19.92%	+17.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.44%	19.92%	+17.52%

WCLD vs. XLKI - Expense Ratio Comparison

WCLD has a 0.45% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

WCLD vs. XLKI - Dividend Comparison

WCLD has not paid dividends to shareholders, while XLKI's dividend yield for the trailing twelve months is around 19.68%.

Position	TTM	2025
WCLD WisdomTree Cloud Computing Fund	0.00%	0.00%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	19.68%	8.52%

Frequently Asked Questions

Can I hold both WCLD and XLKI in my portfolio?

WCLD and XLKI have a correlation of 0.27, 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 XLKI?

WCLD has higher volatility (10.69%) compared to XLKI (8.46%). In terms of maximum drawdown, WCLD dropped -64.90% vs XLKI's -11.21%.

Which ETF is better, WCLD or XLKI?

On 1-year performance, XLKI leads with 26.30% vs 7.59% for WCLD. On fees, XLKI is cheaper at 0.35% per year. On volatility, XLKI has been the lower-risk option at 8.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WCLD or XLKI?

Over the 1-year period, XLKI has performed better with a 26.30% return vs 7.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WCLD or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.45% for WCLD.

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

XLKI has the higher dividend yield at 19.68%, compared with 0.00% for WCLD.

What is the main difference between WCLD and XLKI?

They also come from different issuers: WisdomTree and State Street. Their fees differ too: 0.45% for WCLD and 0.35% for XLKI.

Which has better risk-adjusted returns?

XLKI currently has the higher Sharpe Ratio (1.33 vs 0.21), 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.