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NCLD vs WTAI

Roundhill Neocloud ETF

NCLDCNasdaq

WisdomTree Artificial Intelligence and Innovation Fund

WTAIACboe

Overlap

Expense ratio

WTAI −0.20pt a year

NCLD0.65%WTAI0.45%

Avg volume · 30D

NCLD 3.4×the volume

NCLD1.09MWTAI321K

NCLD vs WTAI Performance

Oct 2, 2026 – Oct 23, 2026

−36.1%NCLD−19.2%WTAI

Oct 2, 2026 to Oct 23, 2026. NCLD −36.1%. WTAI −19.2%. Use the arrow keys to read each point.−30%−10%0%Oct 2Oct 12Oct 23
Expense ratio
NCLD 0.65%
WTAI 0.45%, better
Fund size
NCLD $84M
WTAI $630M
1Y total return
NCLD No data
WTAI +23.2%
Yield (12M)
NCLD No data
WTAI 1.44%
Holdings
NCLD 22
WTAI 61
Avg volume (30D)
NCLD 1.09M sh, better
WTAI 321K sh
NAV per share
NCLD $14.02
WTAI $38.55
52W range

ETF.net Grade

WTAI as of

NCLD: Cost 53, Risk 14, Mission not scored, Tradability 79, Holdings 21, Durability 62. WTAI: Cost 99, Risk 50, Mission 32, Tradability 58, Holdings 86, Durability 80.
Pillar letters and Scores for NCLD, WTAI, with each pillar’s weight
PillarNCLDWTAI
Cost30% weightC53A99Higher
Mission25% weightNot scoredD32
Risk15% weightF14C50Higher
Tradability15% weightA79HigherB58
Holdings10% weightF21A86Higher
Durability5% weightB62A80Higher

Rank among AI Data Infrastructure funds

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

Same Category. NCLD and WTAI are both graded against the same 11 AI Data Infrastructure funds, so their Grades compare head to head.

AI Data Infrastructure⁠

Category · 11 funds
See all 11 ›

WTAI ranks 1st and NCLD 6th of 11 funds in the AI Data Infrastructure Category.

  1. Rank 1AWTAIWisdomTree Artificial Intelligence and Innovation FundScore 78
  2. Rank 2ADTCRGlobal X Data Center & Digital Infrastructure ETFScore 75
  3. Rank 5CAIPODefiance AI & Power Infrastructure ETFScore 53
  4. Rank 6CNCLDRoundhill Neocloud ETFScore 46
  5. Rank 7CXDATFranklin Exponential Data ETFScore 40

Our read on each fund

ETF.net Research

NCLDCRoundhill Neocloud ETF

WTAIAWisdomTree Artificial Intelligence and Innovation Fund

In short

NCLD No data

WTAI Most AI ETFs are a repackaged bet on the same few mega caps. WTAI spreads roughly 90 global names across the whole stack (software, chips, the hardware underneath) at close-to-equal weights, for 0.45% a year.

Stated mandate

NCLD No data

WTAI The fund seeks to track, before fees and expenses, the price and yield performance of the WisdomTree Artificial Intelligence & Innovation Index, whose constituents are companies primarily involved in the AI and innovation investment theme.

Why people hold it

NCLD No data

  • WTAI Charges 0.45% a year, below the median fee in the AI thematic crowd. In a theme this packed, cost is the part you actually control.
  • Weights land close to equal across roughly 90 stocks, so no single mega cap runs the portfolio the way it does in cap-weighted AI funds.wisdomtree.com
  • The index reaches across AI software, semiconductors and the other hardware AI runs on, and it can hold listings outside the US, not just a Nasdaq tech slice.wisdomtree.com
  • One of the stronger builds in a crowded AI cohort: broad rules-based portfolio, low fee, no structural quirks in the wrapper.

Worth knowing

NCLD No data

  • WTAI Still one theme. Tech-heavy and prone to bigger swings than a broad-market fund. Owning 90 names dilutes single-stock risk, not AI risk.wisdomtree.com
  • Near-equal weighting cuts both ways: when one giant is carrying the theme, spread-out weights keep this fund from leaning into it.wisdomtree.com
  • The roster resets at scheduled rebalances rather than continuously, so index changes arrive in batches and bring turnover with them.wisdomtree.com

Full NCLD profile⁠

Full WTAI profile⁠

NCLD vs WTAI 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.

NCLD vs WTAI Cost

Overpaying NCLD vs WTAI

$3,676

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

  • NCLD 0.65%

    $12,717

  • WTAI 0.45%

    $9,041

$10,000
30 years

Cost over time

  • NCLD 0.65%
  • WTAI 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NCLD $12,717WTAI $9,041

Year by year

YearNCLDWTAIOverpaying
10$1,163$812$351
20$4,440$3,128$1,312
30$12,717$9,041$3,676

Expense ratio

  • 0.65%NCLD
  • 0.45%WTAI, cheaper
  • Middle half of AI Data Infrastructure funds
  • Median 0.65%

WTAI cheapest of 11 funds

NCLD 5th cheapest of 11 funds

NCLD vs WTAI Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
NCLD No data
WTAI 1.44%
Payout (12M)
NCLD None
WTAI $0.53
Last payment
NCLD No data
WTAI $0.53
Ex-dividend
NCLD No data
WTAI Dec 26, 2025
Paid on
NCLD No data
WTAI Dec 30, 2025
Frequency
NCLD No data
WTAI Annual

Distribution history

Per share, 2022 to 2026, same scale for both

NCLDAll NCLD payments⁠

No distribution history available.

WTAIAnnual · 6 paymentsAll WTAI payments⁠
One bar per payment. 6 payments from 2022 to 2026 YTD. Dec 23, 2022 $0.03; Dec 7, 2023 $0.02; Dec 22, 2023 $0.03; Dec 28, 2023 $0.0026; Dec 26, 2024 $0.04; Dec 26, 2025 $0.53. Use the arrow keys to read each point.$0$0.5020232026YTD

NCLD vs WTAI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NCLD No dataWTAI 32.4%
Return per unit of riskSharpe ratio, 3 years
NCLD No dataWTAI 0.99
Worst fallMax drawdown, 5 years
NCLD No dataWTAI −45.9%since Dec 2021
Market sensitivityBeta, 5 years
NCLD 0.00WTAI 2.04

NCLD and WTAI in the news

All news⁠

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