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CLOU vs WCLD

Global X Cloud Computing ETF

CLOUDNasdaq

WisdomTree Cloud Computing Fund

WCLDBNasdaq

Overlap

Expense ratio

WCLD −0.23pt a year

CLOU0.68%WCLD0.45%

Avg volume · 30D

WCLD 2.1×the volume

CLOU368KWCLD764K

5Y return · a year

CLOU +4.7pt

CLOU−2.1%WCLD−6.8%

CLOU vs WCLD Performance

Oct 29, 2021 – Oct 30, 2026

−9.9%CLOU−29.8%WCLD

Oct 29, 2021 to Oct 30, 2026. CLOU −9.9%. WCLD −29.8%. Use the arrow keys to read each point.−60%−50%−40%−20%0%Oct 2021Apr 2024Oct 2026
Expense ratio
CLOU 0.68%
WCLD 0.45%, better
Fund size
CLOU $399M
WCLD $312M
1Y total return
CLOU +16.3%
WCLD +22.8%, better
Yield (12M)
CLOU 0.00%
WCLD No data
Holdings
CLOU 38
WCLD 65
Avg volume (30D)
CLOU 368K sh
WCLD 764K sh, better
NAV per share
CLOU $28.06
WCLD $43.95
52W range

ETF.net Grade

CLOU: Cost 17, Risk 41, Mission not scored, Tradability 50, Holdings 41, Durability 71. WCLD: Cost 56, Risk 27, Mission 84, Tradability 73, Holdings 84, Durability 61.
Pillar letters and Scores for CLOU, WCLD, with each pillar’s weight
PillarCLOUWCLD
Cost30% weightF17B56Higher
Mission25% weightNot scoredA84
Risk15% weightC41HigherD27
Tradability15% weightC50A73Higher
Holdings10% weightC41A84Higher
Durability5% weightA71HigherB61

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. CLOU 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 CLOU 5th 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

CLOUDGlobal X Cloud Computing ETF

WCLDBWisdomTree Cloud Computing Fund

In short

CLOU Most cloud funds buy the software. CLOU also buys the buildings: its index reaches SaaS, PaaS and IaaS names plus data-center REITs and edge hardware, in a compact global basket. The wider net comes at a premium fee.

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

CLOU The fund seeks to track, before fees and expenses, the Indxx Global Cloud Computing Index. The index covers companies positioned to benefit from cloud adoption through SaaS, PaaS, IaaS, managed storage, data-center REITs, and cloud or edge infrastructure and hardware.

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

  • CLOU The index spans SaaS, PaaS and IaaS plus managed storage, data-center REITs and cloud or edge infrastructure and hardware, so you hold the cloud's landlords alongside its tenants.globalxetfs.com
  • Global mandate, not US-only, so cloud names listed outside the States can make the cut.globalxetfs.com
  • Live since 2019 and built around roughly 40 stocks: a multi-year record rather than a backtest, in a basket tight enough that each name matters.
  • 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

  • CLOU At 0.68% a year, this is the expensive lane to the theme. The cloud group's median is 0.49%, and CLOD (0.35%) and FCLD (0.39%) sit well underneath.
  • The REIT and hardware sleeves trade on different drivers than software, so CLOU can drift from pure-software cloud funds in either direction.
  • On our review it sits in the back of the cloud pack, mostly on cost, with FCLD, WCLD and SKYY rating higher.
  • 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 CLOU profile⁠

Full WCLD profile⁠

CLOU vs WCLD Holdings

As of
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.

CLOU vs WCLD Cost

Overpaying CLOU vs WCLD

$4,211

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

  • CLOU 0.68%

    $13,252

  • WCLD 0.45%

    $9,041

$10,000
30 years

Cost over time

  • CLOU 0.68%
  • WCLD 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530CLOU $13,252WCLD $9,041

Year by year

YearCLOUWCLDOverpaying
10$1,215$812$403
20$4,633$3,128$1,505
30$13,252$9,041$4,211

Expense ratio

  • 0.68%CLOU
  • 0.45%WCLD, cheaper
  • Middle half of Cloud & Software funds
  • Median 0.45%

WCLD 3rd cheapest of 5 funds

CLOU 5th cheapest of 5 funds

CLOU vs WCLD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CLOU 0.00%
WCLD No data
Payout (12M)
CLOU None
WCLD None

Distribution history

Per share, 2019 to 2021, same scale for both

CLOU2 paymentsAll CLOU payments⁠
One bar per payment. 2 payments from 2019 to 2021. Dec 30, 2019 $0.0076; Dec 30, 2021 $0.47. Use the arrow keys to read each point.$0$0.502021
WCLDAll WCLD payments⁠

No distribution history available.

CLOU vs WCLD Risk

Fall from peak · 5 years

  • CLOU
  • WCLD
Oct 29, 2021 to Oct 30, 2026. Worst fall: WCLD −64.9% · Nov 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
CLOU 26.3%, betterWCLD 30.0%
Return per unit of riskSharpe ratio, 3 years
CLOU 0.53, betterWCLD 0.52
Worst fallMax drawdown, 5 years
CLOU −53.8%, betterWCLD −64.9%
Market sensitivityBeta, 5 years
CLOU 1.08WCLD 1.10

CLOU and WCLD in the news

All news⁠

Popular comparisons

  • CLOUDvsFCLDB

    Global X Cloud Computing ETF · Fidelity Cloud Computing ETF

    Expense ratio
    0.68% · 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.

  • CLOUDvsSKYYB

    Global X Cloud Computing ETF · First Trust Cloud Computing ETF

    Expense ratio
    0.68% · 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.

  • CLOUDvsCLODC

    Global X Cloud Computing ETF · Themes Cloud Computing ETF

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

  • WCLDBvsCLODC

    WisdomTree Cloud Computing Fund · Themes Cloud Computing ETF

    Expense ratio
    0.45% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.