WTEJ.DE vs. WCLD
WTEJ.DE (WisdomTree Cloud Computing UCITS ETF USD Acc) and WCLD (WisdomTree Cloud Computing Fund) are both Technology Equities funds from WisdomTree - WTEJ.DE tracks the BVP Nasdaq Emerging Cloud while WCLD tracks the BVP Nasdaq Emerging Cloud Index. Both are passively managed. Over the past 5 years, WTEJ.DE returned -6.47%/yr vs -6.77%/yr for WCLD. A 0.68 correlation means they provide meaningful diversification when combined. WTEJ.DE charges 0.40%/yr vs 0.45%/yr for WCLD.
Performance
WTEJ.DE vs. WCLD - Performance Comparison
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Different Trading Currencies
WTEJ.DE is traded in EUR, while WCLD is traded in USD. To make them comparable, the WCLD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, WTEJ.DE achieves a -3.77% return, which is significantly higher than WCLD's -4.26% return.
WTEJ.DE
- 1D
- 1.76%
- 1M
- 14.34%
- YTD
- -3.77%
- 6M
- -2.46%
- 1Y
- -9.08%
- 3Y*
- 0.54%
- 5Y*
- -6.47%
- 10Y*
- —
WCLD
- 1D
- 0.04%
- 1M
- 11.99%
- YTD
- -4.26%
- 6M
- -5.03%
- 1Y
- -10.71%
- 3Y*
- -0.44%
- 5Y*
- -6.77%
- 10Y*
- —
WTEJ.DE vs. WCLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WTEJ.DE WisdomTree Cloud Computing UCITS ETF USD Acc | -3.77% | -16.66% | 12.94% | 39.67% | -50.17% | 4.71% | 90.46% | 4.50% |
WCLD WisdomTree Cloud Computing Fund | -4.26% | -17.76% | 14.44% | 35.18% | -48.64% | 4.03% | 92.42% | 5.19% |
Correlation
The correlation between WTEJ.DE and WCLD is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2019 | 0.68 |
The correlation between WTEJ.DE and WCLD has been stable across timeframes, ranging from 0.68 to 0.77 - a consistent structural relationship.
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Return for Risk
WTEJ.DE vs. WCLD — Risk / Return Rank
WTEJ.DE
WCLD
WTEJ.DE vs. WCLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cloud Computing UCITS ETF USD Acc (WTEJ.DE) and WisdomTree Cloud Computing Fund (WCLD). 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.
| WTEJ.DE | WCLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.98 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | -0.30 | +0.05 |
| Martin ratioReturn relative to average drawdown | -0.55 | -0.67 | +0.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WTEJ.DE | WCLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | -0.30 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.18 | -0.18 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.09 | +0.02 |
Drawdowns
WTEJ.DE vs. WCLD - Drawdown Comparison
The maximum WTEJ.DE drawdown since its inception was -63.60%, roughly equal to the maximum WCLD drawdown of -63.79%. Use the drawdown chart below to compare losses from any high point for WTEJ.DE and WCLD.
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Drawdown Indicators
| WTEJ.DE | WCLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.60% | -63.79% | +0.19% |
Max Drawdown (1Y)Largest decline over 1 year | -36.64% | -36.12% | -0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -48.59% | -48.55% | -0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -63.60% | -63.79% | +0.19% |
Current DrawdownCurrent decline from peak | -48.45% | -49.70% | +1.25% |
Average DrawdownAverage peak-to-trough decline | -35.70% | -33.78% | -1.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.00% | 15.93% | +0.07% |
Volatility
WTEJ.DE vs. WCLD - Volatility Comparison
WisdomTree Cloud Computing UCITS ETF USD Acc (WTEJ.DE) and WisdomTree Cloud Computing Fund (WCLD) have volatilities of 15.88% and 16.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTEJ.DE | WCLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.88% | 16.27% | -0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 32.38% | 30.62% | +1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.29% | 35.26% | +1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.57% | 36.87% | -1.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.61% | 37.13% | +1.48% |
WTEJ.DE vs. WCLD - Expense Ratio Comparison
WTEJ.DE has a 0.40% expense ratio, which is lower than WCLD's 0.45% expense ratio.
Dividends
WTEJ.DE vs. WCLD - Dividend Comparison
Neither WTEJ.DE nor WCLD has paid dividends to shareholders.
Frequently Asked Questions
WTEJ.DE and WCLD have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEJ.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEJ.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for WCLD.
WTEJ.DE tracks BVP Nasdaq Emerging Cloud, while WCLD tracks BVP Nasdaq Emerging Cloud Index. Their fees differ too: 0.40% for WTEJ.DE and 0.45% for WCLD.
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