WTEJ.DE vs. ZPDT.DE
WTEJ.DE (WisdomTree Cloud Computing UCITS ETF USD Acc) and ZPDT.DE (SPDR S&P US Technology Select Sector UCITS ETF) are both Technology Equities funds - WTEJ.DE tracks the BVP Nasdaq Emerging Cloud while ZPDT.DE tracks the S&P Technology Select Sector. Both are passively managed. Over the past 5 years, WTEJ.DE returned -6.47%/yr vs 22.38%/yr for ZPDT.DE. A 0.58 correlation means they provide meaningful diversification when combined. WTEJ.DE charges 0.40%/yr vs 0.15%/yr for ZPDT.DE.
Performance
WTEJ.DE vs. ZPDT.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WTEJ.DE achieves a -3.77% return, which is significantly lower than ZPDT.DE's 24.09% return.
WTEJ.DE
- 1D
- 1.76%
- 1M
- 18.51%
- YTD
- -3.77%
- 6M
- -4.08%
- 1Y
- -10.28%
- 3Y*
- 0.54%
- 5Y*
- -6.47%
- 10Y*
- —
ZPDT.DE
- 1D
- -2.28%
- 1M
- 11.72%
- YTD
- 24.09%
- 6M
- 22.52%
- 1Y
- 48.51%
- 3Y*
- 26.33%
- 5Y*
- 22.38%
- 10Y*
- 24.05%
WTEJ.DE vs. ZPDT.DE - 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% |
ZPDT.DE SPDR S&P US Technology Select Sector UCITS ETF | 24.09% | 11.31% | 29.30% | 52.02% | -25.52% | 47.48% | 30.46% | 7.81% |
Correlation
The correlation between WTEJ.DE and ZPDT.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2019 | 0.58 |
The correlation between WTEJ.DE and ZPDT.DE shifts across timeframes, from 0.41 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
WTEJ.DE vs. ZPDT.DE — Risk / Return Rank
WTEJ.DE
ZPDT.DE
WTEJ.DE vs. ZPDT.DE - 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 SPDR S&P US Technology Select Sector UCITS ETF (ZPDT.DE). 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 | ZPDT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.68 | ||
| Sortino ratioReturn per unit of downside risk | -3.25 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.39 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 3.19 | -3.43 |
| Martin ratioReturn relative to average drawdown | -0.55 | 8.35 | -8.90 |
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 | ZPDT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | 2.43 | -2.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.18 | 0.99 | -1.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.12 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 1.03 | -0.91 |
Drawdowns
WTEJ.DE vs. ZPDT.DE - Drawdown Comparison
The maximum WTEJ.DE drawdown since its inception was -63.60%, which is greater than ZPDT.DE's maximum drawdown of -31.48%. Use the drawdown chart below to compare losses from any high point for WTEJ.DE and ZPDT.DE.
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Drawdown Indicators
| WTEJ.DE | ZPDT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.60% | -31.48% | -32.12% |
Max Drawdown (1Y)Largest decline over 1 year | -36.22% | -15.47% | -20.75% |
Max Drawdown (3Y)Largest decline over 3 years | -48.59% | -29.50% | -19.09% |
Max Drawdown (5Y)Largest decline over 5 years | -63.60% | -29.50% | -34.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.48% | — |
Current DrawdownCurrent decline from peak | -48.45% | -3.09% | -45.36% |
Average DrawdownAverage peak-to-trough decline | -35.70% | -5.68% | -30.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.00% | 5.91% | +10.09% |
Volatility
WTEJ.DE vs. ZPDT.DE - Volatility Comparison
WisdomTree Cloud Computing UCITS ETF USD Acc (WTEJ.DE) has a higher volatility of 15.88% compared to SPDR S&P US Technology Select Sector UCITS ETF (ZPDT.DE) at 7.06%. This indicates that WTEJ.DE's price experiences larger fluctuations and is considered to be riskier than ZPDT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTEJ.DE | ZPDT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.88% | 7.06% | +8.82% |
Volatility (6M)Calculated over the trailing 6-month period | 32.38% | 14.78% | +17.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.29% | 20.30% | +15.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.57% | 22.33% | +13.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.61% | 21.38% | +17.23% |
WTEJ.DE vs. ZPDT.DE - Expense Ratio Comparison
WTEJ.DE has a 0.40% expense ratio, which is higher than ZPDT.DE's 0.15% expense ratio.
Dividends
WTEJ.DE vs. ZPDT.DE - Dividend Comparison
Neither WTEJ.DE nor ZPDT.DE has paid dividends to shareholders.
Frequently Asked Questions
WTEJ.DE and ZPDT.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDT.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDT.DE is cheaper with a 0.15% expense ratio, compared with 0.40% for WTEJ.DE.
WTEJ.DE tracks BVP Nasdaq Emerging Cloud, while ZPDT.DE tracks S&P Technology Select Sector. They also come from different issuers: WisdomTree and State Street. Their fees differ too: 0.40% for WTEJ.DE and 0.15% for ZPDT.DE.
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