We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is WisdomTree Cloud Computing ETF (WCLD) a Strong ETF Right Now?
Read MoreHide Full Article
A smart beta exchange traded fund, the WisdomTree Cloud Computing ETF (WCLD - Free Report) debuted on 09/06/2019, and offers broad exposure to the Technology ETFs category of the market.
What Are Smart Beta ETFs?
The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.
A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns.
There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies.
By attempting to pick stocks that have a better chance of risk-return performance, non-cap weighted indexes are based on certain fundamental characteristics, or a combination of such.
Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns.
Fund Sponsor & Index
The fund is managed by Wisdomtree, and has been able to amass over $300.61 million, which makes it one of the average sized ETFs in the Technology ETFs. Before fees and expenses, WCLD seeks to match the performance of the BVP NASDAQ EMERGING CLOUD INDEX .
The BVP Nasdaq Emerging Cloud Index is an equally weighted Index, designed to measure the performance of emerging public companies focused on delivering cloud-based software to customers.
Cost & Other Expenses
For ETF investors, expense ratios are an important factor when considering a fund's return; in the long-term, cheaper funds actually have the ability to outperform their more expensive cousins if all other things remain the same.
Annual operating expenses for this ETF are 0.45%, making it on par with most peer products in the space.
WCLD's 12-month trailing dividend yield is 0.00%.
Sector Exposure and Top Holdings
While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
For WCLD, it has heaviest allocation in the Information Technology sector --about 90.2% of the portfolio.
When you look at individual holdings, Okta Inc (OKTA) accounts for about 2.46% of the fund's total assets, followed by Crowdstrike Holdings Inc - A (CRWD) and Netskope Inc-cl A (NTSK).
The top 10 holdings account for about 19.41% of total assets under management.
Performance and Risk
The ETF return is roughly 17.82% and is up roughly 18.22% so far this year and in the past one year (as of 11/06/2026), respectively. WCLD has traded between $24.09 and $46.75 during this last 52-week period.
The ETF has a beta of 1.07 and standard deviation of 31.88% for the trailing three-year period. With about 67 holdings, it effectively diversifies company-specific risk .
Alternatives
WisdomTree Cloud Computing ETF is a reasonable option for investors seeking to outperform the Technology ETFs segment of the market. However, there are other ETFs in the space which investors could consider.
Global X Cloud Computing ETF (CLOU) tracks INDXX GLOBAL CLOUD COMPUTING INDEX and the First Trust Cloud Computing ETF (SKYY) tracks ISE Cloud Computing Index. Global X Cloud Computing ETF has $371.97 million in assets, First Trust Cloud Computing ETF has $3.04 billion. CLOU has an expense ratio of 0.68% and SKYY changes 0.60%.
Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Technology ETFs
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
View the Zacks #1 Rank List
Image: Bigstock
Is WisdomTree Cloud Computing ETF (WCLD) a Strong ETF Right Now?
A smart beta exchange traded fund, the WisdomTree Cloud Computing ETF (WCLD - Free Report) debuted on 09/06/2019, and offers broad exposure to the Technology ETFs category of the market.
What Are Smart Beta ETFs?
The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.
A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns.
There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies.
By attempting to pick stocks that have a better chance of risk-return performance, non-cap weighted indexes are based on certain fundamental characteristics, or a combination of such.
Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns.
Fund Sponsor & Index
The fund is managed by Wisdomtree, and has been able to amass over $300.61 million, which makes it one of the average sized ETFs in the Technology ETFs. Before fees and expenses, WCLD seeks to match the performance of the BVP NASDAQ EMERGING CLOUD INDEX .
The BVP Nasdaq Emerging Cloud Index is an equally weighted Index, designed to measure the performance of emerging public companies focused on delivering cloud-based software to customers.
Cost & Other Expenses
For ETF investors, expense ratios are an important factor when considering a fund's return; in the long-term, cheaper funds actually have the ability to outperform their more expensive cousins if all other things remain the same.
Annual operating expenses for this ETF are 0.45%, making it on par with most peer products in the space.
WCLD's 12-month trailing dividend yield is 0.00%.
Sector Exposure and Top Holdings
While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
For WCLD, it has heaviest allocation in the Information Technology sector --about 90.2% of the portfolio.
When you look at individual holdings, Okta Inc (OKTA) accounts for about 2.46% of the fund's total assets, followed by Crowdstrike Holdings Inc - A (CRWD) and Netskope Inc-cl A (NTSK).
The top 10 holdings account for about 19.41% of total assets under management.
Performance and Risk
The ETF return is roughly 17.82% and is up roughly 18.22% so far this year and in the past one year (as of 11/06/2026), respectively. WCLD has traded between $24.09 and $46.75 during this last 52-week period.
The ETF has a beta of 1.07 and standard deviation of 31.88% for the trailing three-year period. With about 67 holdings, it effectively diversifies company-specific risk .
Alternatives
WisdomTree Cloud Computing ETF is a reasonable option for investors seeking to outperform the Technology ETFs segment of the market. However, there are other ETFs in the space which investors could consider.
Global X Cloud Computing ETF (CLOU) tracks INDXX GLOBAL CLOUD COMPUTING INDEX and the First Trust Cloud Computing ETF (SKYY) tracks ISE Cloud Computing Index. Global X Cloud Computing ETF has $371.97 million in assets, First Trust Cloud Computing ETF has $3.04 billion. CLOU has an expense ratio of 0.68% and SKYY changes 0.60%.
Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Technology ETFs
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.