ρ +0.88beyond mkt +0.74holdout +0.84stable 100%robust
WCLD WisdomTree Trust WisdomTree Cloud Computing Fund
- Last close
- 40.69
- 504-day return
- +20.89%
- Median $/day
- $11.9M
- Relationships shown
- 11
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
Same exposure: XSW move almost identically to WCLD (|ρ| ≥ 0.93). Same-day relationships for the group are listed here.
WCLD vs SKYY
Both indexed to 100 at 2026-05-11.
Moves with WCLD
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.89beyond mkt +0.65holdout +0.90stable 100%robust
ρ +0.81beyond mkt +0.61holdout +0.77stable 100%robust
ρ +0.75beyond mkt +0.55holdout +0.75stable 100%robust
ρ +0.78beyond mkt +0.54holdout +0.78stable 100%robust
ρ +0.79beyond mkt +0.53holdout +0.82stable 100%robust
Moves against WCLD
ρ -0.40beyond mkt +0.11holdout -0.09stable 75%moderate
ρ -0.34beyond mkt +0.08holdout -0.14stable 88%moderate
ρ -0.39beyond mkt +0.07holdout -0.11stable 75%moderate
ρ -0.32beyond mkt +0.04holdout -0.01stable 62%moderate
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 5dρ +0.31holdout +0.21stable 62%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.55recent -0.34prior +0.21beyond mkt -0.10
Δ -0.55recent +0.00prior +0.55beyond mkt +0.03
Δ -0.53recent +0.04prior +0.57beyond mkt +0.01
Δ -0.52recent -0.05prior +0.47beyond mkt -0.02
Δ -0.52recent -0.42prior +0.10beyond mkt -0.18
Δ -0.47recent -0.12prior +0.35beyond mkt -0.00
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| FXL First Trust Technology AlphaDEX Fund | +0.51 | +0.62 | 6 | |
| XITK State Street SPDR FactSet Innovative Technology ETF | +0.44 | +0.73 | 5 | |
| IGV iShares Expanded Tech-Software Sector ETF | +0.65 | +0.89 | 17 | |
| DTEC ALPS Disruptive Technologies ETF | +0.49 | +0.81 | 13 | |
| CIBR First Trust Exchange-Traded Fund II First Trust NASDAQ Cybersecurity ETF | +0.61 | +0.81 | 17 | |
| FRSH Freshworks Inc. Class A Common Stock | +0.47 | +0.78 | 14 |