Core Insights - The WisdomTree Cloud Computing ETF (WCLD) was launched on September 6, 2019, and offers broad exposure to the Technology ETFs category [1] - The fund is managed by WisdomTree and has accumulated over $320.63 million in assets, making it an average-sized ETF in the Technology sector [5] - The ETF seeks to match the performance of the BVP NASDAQ Emerging Cloud Index, which is designed to measure the performance of emerging public companies focused on cloud-based software [5] Fund Characteristics - WCLD has an annual operating expense ratio of 0.45%, which is competitive within its peer group [6] - The ETF has a 12-month trailing dividend yield of 0.00% [6] - The top 10 holdings account for approximately 118.09% of total assets under management, indicating a concentration in a few key stocks [7] Performance Metrics - The ETF has experienced a loss of approximately -9.81% year-to-date and has gained roughly 11.02% over the past year as of August 14, 2025 [8] - Over the past 52 weeks, the ETF has traded between $28.33 and $41.58 [8] - The ETF has a beta of 1.17 and a standard deviation of 32.59% for the trailing three-year period, indicating a higher level of volatility compared to the market [9] Alternatives and Market Context - Other ETFs in the cloud computing space include Global X Cloud Computing ETF (CLOU) and First Trust Cloud Computing ETF (SKYY), with assets of $306.26 million and $3.46 billion respectively [11] - CLOU has an expense ratio of 0.68% while SKYY has an expense ratio of 0.60%, suggesting that there are lower-cost alternatives available [11] - Investors seeking to outperform the Technology ETFs segment may find WCLD to be a suitable option, but should also consider traditional market cap weighted ETFs for potentially lower risk [10][11]
Is WisdomTree Cloud Computing ETF (WCLD) a Strong ETF Right Now?
ZACKSยท2025-08-14 11:21