WTEJ.DE vs. WCLD
Compare and contrast key facts about WisdomTree Cloud Computing UCITS ETF USD Acc (WTEJ.DE) and WisdomTree Cloud Computing Fund (WCLD).
WTEJ.DE and WCLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WTEJ.DE is a passively managed fund by WisdomTree that tracks the performance of the BVP Nasdaq Emerging Cloud. It was launched on Sep 6, 2019. 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. Both WTEJ.DE and WCLD 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: WTEJ.DE or WCLD.
Correlation
The correlation between WTEJ.DE and WCLD is 0.68, 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
WTEJ.DE vs. WCLD - Performance Comparison
Key characteristics
WTEJ.DE:
0.73
WCLD:
0.58
WTEJ.DE:
1.17
WCLD:
0.94
WTEJ.DE:
1.14
WCLD:
1.12
WTEJ.DE:
0.33
WCLD:
0.25
WTEJ.DE:
1.50
WCLD:
1.22
WTEJ.DE:
11.56%
WCLD:
11.22%
WTEJ.DE:
23.93%
WCLD:
23.67%
WTEJ.DE:
-60.44%
WCLD:
-64.90%
WTEJ.DE:
-30.30%
WCLD:
-38.16%
Returns By Period
In the year-to-date period, WTEJ.DE achieves a 8.43% return, which is significantly higher than WCLD's 7.68% return.
WTEJ.DE
8.43%
6.84%
39.12%
15.99%
7.91%
N/A
WCLD
7.68%
6.91%
29.53%
10.05%
6.44%
N/A
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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.
Risk-Adjusted Performance
WTEJ.DE vs. WCLD — Risk-Adjusted Performance Rank
WTEJ.DE
WCLD
WTEJ.DE vs. WCLD - Risk-Adjusted Performance 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.
Dividends
WTEJ.DE vs. WCLD - Dividend Comparison
Neither WTEJ.DE nor WCLD has paid dividends to shareholders.
Drawdowns
WTEJ.DE vs. WCLD - Drawdown Comparison
The maximum WTEJ.DE drawdown since its inception was -60.44%, smaller than the maximum WCLD drawdown of -64.90%. Use the drawdown chart below to compare losses from any high point for WTEJ.DE and WCLD. For additional features, visit the drawdowns tool.
Volatility
WTEJ.DE vs. WCLD - Volatility Comparison
The current volatility for WisdomTree Cloud Computing UCITS ETF USD Acc (WTEJ.DE) is 6.08%, while WisdomTree Cloud Computing Fund (WCLD) has a volatility of 6.92%. This indicates that WTEJ.DE experiences smaller price fluctuations and is considered to be less risky than WCLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.