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CLOD vs WCLD

Themes Cloud Computing ETF

CLODCNasdaq

WisdomTree Cloud Computing Fund

WCLDBNasdaq

Overlap

Expense ratio

CLOD −0.10pt a year

CLOD0.35%WCLD0.45%

Avg volume · 30D

WCLD 1579.2×the volume

CLOD484WCLD764K

CLOD vs WCLD Performance

Oct 31, 2025 – Oct 30, 2026

−6.5%CLOD+22.8%WCLD

Oct 31, 2025 to Oct 30, 2026. CLOD −6.5%. WCLD +22.8%. Use the arrow keys to read each point.−30%−20%10%30%Oct 2025Apr 2026Oct 2026
Expense ratio
CLOD 0.35%, better
WCLD 0.45%
Fund size
CLOD $2M
WCLD $312M
1Y total return
CLOD −6.5%
WCLD +22.8%, better
Holdings
CLOD 56
WCLD 65
Avg volume (30D)
CLOD 484 sh
WCLD 764K sh, better
NAV per share
CLOD $33.37
WCLD $43.95
52W range

ETF.net Grade

CLOD: Cost 87, Risk 46, Mission 94, Tradability 30, Holdings 51, Durability 31. WCLD: Cost 56, Risk 27, Mission 84, Tradability 73, Holdings 84, Durability 61.
Pillar letters and Scores for CLOD, WCLD, with each pillar’s weight
PillarCLODWCLD
Cost30% weightA87HigherB56
Mission25% weightA94HigherA84
Risk15% weightC46HigherD27
Tradability15% weightD30A73Higher
Holdings10% weightC51A84Higher
Durability5% weightD31B61Higher

Rank among Cloud & Software funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CLOD and WCLD are both graded against the same 5 Cloud & Software funds, so their Grades compare head to head.

Cloud & Software⁠

Category · 5 funds
See all 5 ›

WCLD ranks 3rd and CLOD 4th of 5 funds in the Cloud & Software Category.

  1. Rank 1BFCLDFidelity Cloud Computing ETFScore 60
  2. Rank 2BSKYYFirst Trust Cloud Computing ETFScore 58
  3. Rank 3BWCLDWisdomTree Cloud Computing FundScore 57
  4. Rank 4CCLODThemes Cloud Computing ETFScore 40
  5. Rank 5DCLOUGlobal X Cloud Computing ETFScore 35

Our read on each fund

ETF.net Research

CLODCThemes Cloud Computing ETF

WCLDBWisdomTree Cloud Computing Fund

In short

CLOD Cloud computing, stripped down to the cheap version: about 50 names from the Solactive Cloud Computing Index for 0.35% a year. The trade-off is scale, since this is a small, thinly traded fund next to the category's veterans.

WCLD Cloud software, undiluted: about 70 emerging cloud names, chosen twice a year by venture firm Bessemer and weighted equally, so the smallest holding carries the same load as the biggest.

Stated mandate

CLOD The fund passively seeks to track, before fees and expenses, an index of companies operating in cloud computing. It generally invests at least 80% of its assets in index constituents or related ADRs and GDRs.

WCLD The Fund seeks to track, before fees and expenses, the price and yield performance of the BVP Nasdaq Emerging Cloud Index.

Why people hold it

  • CLOD At 0.35% a year it prices below the typical cloud ETF, and under bigger rivals like SKYY and WCLD for broadly similar shelf space.themesetfs.com
  • No stock-picking drama. It passively tracks the Solactive Cloud Computing Index and keeps at least 80% of assets in that basket or related depositary receipts.themesetfs.com
  • It has stayed close to the index it advertises, which is the entire job description for a passive fund.
  • WCLD Equal weight by design. Every name resets to the same slice at each reconstitution, so one runaway winner can't quietly become the whole fund.nasdaqomx.com
  • The screen has teeth: joining takes 15%+ revenue growth in each of the last two years, and staying takes at least 7%. Slow growers get shown the door.nasdaqomx.comnasdaqomx.com 2
  • At 0.45% a year it sits under the cohort median and well under First Trust's SKYY at 0.60%.
  • Actively traded since its 2019 launch, so orders aren't riding on thin, sporadic volume.

Worth knowing

  • CLOD A small asset base and light trading mean wider spreads than the category heavyweights. Some of the fee savings can come back out at the trade.
  • Launched December 2023, so the track record is short beside the long-standing cloud funds.
  • About 50 developed-market stocks in one theme. It moves with enterprise software sentiment, not the broad market.
  • WCLD Pure-play cloud software with no mega-cap ballast. This is among the more volatile funds in its peer group, and sector drawdowns land hard.bvp.com
  • One theme, roughly 70 stocks. When enterprise software is out of favor, there is nowhere inside the portfolio to hide.
  • Cheaper cloud tickers exist (FCLD at 0.39%, CLOD at 0.35%), though they follow different indexes with different holdings. No distributions recently either.

Full CLOD profile⁠

Full WCLD profile⁠

CLOD vs WCLD Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CLOD vs WCLD Cost

Overpaying WCLD vs CLOD

$1,915

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CLOD 0.35%

    $7,126

  • WCLD 0.45%

    $9,041

$10,000
30 years

Cost over time

  • CLOD 0.35%
  • WCLD 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530WCLD $9,041CLOD $7,126

Year by year

YearCLODWCLDOverpaying
10$634$812$178
20$2,454$3,128$674
30$7,126$9,041$1,915

Expense ratio

  • 0.35%CLOD, cheaper
  • 0.45%WCLD
  • Middle half of Cloud & Software funds
  • Median 0.45%

CLOD cheapest of 5 funds

WCLD 3rd cheapest of 5 funds

CLOD vs WCLD Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
CLOD No data
WCLD None
Last payment
CLOD $0.48
WCLD No data
Ex-dividend
CLOD Dec 18, 2025
WCLD No data
Paid on
CLOD Dec 19, 2025
WCLD No data
Frequency
CLOD Irregular
WCLD No data

Distribution history

Per share, 2025 to 2026, same scale for both

CLODIrregular · 1 paymentAll CLOD payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 18, 2025 $0.48. Use the arrow keys to read each point.$0$0.502026YTD
WCLDAll WCLD payments⁠

No distribution history available.

CLOD vs WCLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CLOD 24.2%since Jan 2024WCLD 30.0%
Return per unit of riskSharpe ratio, 3 years
CLOD 0.35since Jan 2024WCLD 0.52
Worst fallMax drawdown, 5 years
CLOD −31.4%since Dec 2023WCLD −64.9%
Market sensitivityBeta, 5 years
CLOD 1.15WCLD 1.10

CLOD and WCLD in the news

All news⁠

Popular comparisons

  • CLODCvsFCLDB

    Themes Cloud Computing ETF · Fidelity Cloud Computing ETF

    Expense ratio
    0.35% · 0.39%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • WCLDBvsFCLDB

    WisdomTree Cloud Computing Fund · Fidelity Cloud Computing ETF

    Expense ratio
    0.45% · 0.39%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CLODCvsSKYYB

    Themes Cloud Computing ETF · First Trust Cloud Computing ETF

    Expense ratio
    0.35% · 0.60%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • WCLDBvsSKYYB

    WisdomTree Cloud Computing Fund · First Trust Cloud Computing ETF

    Expense ratio
    0.45% · 0.60%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CLODCvsCLOUD

    Themes Cloud Computing ETF · Global X Cloud Computing ETF

    Expense ratio
    0.35% · 0.68%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • WCLDBvsCLOUD

    WisdomTree Cloud Computing Fund · Global X Cloud Computing ETF

    Expense ratio
    0.45% · 0.68%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.