Do WCLD and XSW hold the same stocks?

By their latest filings, 37% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, WCLD or XSW?

WCLD has 16% of its weight in S&P 500 names and XSW has 21%, so WCLD differs more from the index.

Which is cheaper, WCLD or XSW?

WCLD charges 0.45% a year and XSW charges 0.35%, so XSW is cheaper. Fees come from each fund's prospectus.

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WCLD vs XSW: which is really different?

WCLD and XSW hold 37% of their weight in the same names, and WCLD returned +15.5% over the year. WisdomTree Cloud Computing Fund and State Street(R) SPDR(R) S&P(R) Software & Services ETF.

15.7%

WCLD in the S&P 500

20.8%

XSW in the S&P 500

+15.5%

WCLD total return, 1 year

−1.6%

XSW total return, 1 year

WCLD · 1 year to Sep 30, 202684% of its weight is outside the S&P 500

16% of WCLD's weight is in S&P 500 companies and 84% is outside the index

XSW · 1 year to Sep 30, 202679% of its weight is outside the S&P 500

21% of XSW's weight is in S&P 500 companies and 79% is outside the index

ETFIQ Off-Index Score · WCLD scores higherHow much of it is not the index it is sold as an alternative to?

WCLD 53.2

XSW 34.7

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, WCLD and XSW hold 37% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2026.

50%

half

37% in common

Positions both hold, largest shared weight first

Holding WCLD XSW

RUBRIK INC 2.12% 0.98%

CROWDSTRIKE HOLDINGS INC 2.61% 0.97%

SENTINELONE INC 1.74% 0.93%

DATADOG INC 2.99% 0.93%

ZSCALER INC 1.17% 0.92%

PALO ALTO NETWORKS INC 3.04% 0.90%

SAILPOINT INC 1.37% 0.88%

SERVICETITAN INC 1.41% 0.88%

DYNATRACE INC 1.65% 0.87%

FIVE9 INC 1.46% 0.85%

PAGERDUTY INC 1.95% 0.85%

PALANTIR TECHNOLOGIES INC 1.14% 0.84%

Only in WCLD

DIGITALOCEAN HOLDINGS INC 3.28%

JFROG LTD 3.20%

OKTA INC 2.44%

TWILIO INC 2.42%

SNOWFLAKE INC 1.96%

CLOUDFLARE INC 1.84%

CELLEBRITE DI LTD 1.48%

PAYCOM SOFTWARE INC 1.46%

Only in XSW

NETSKOPE INC CL A 0.92%

VIA TRANSPORTATION INC CL A 0.89%

CADENCE DESIGN SYS INC 0.89%

RAPID7 INC 0.88%

STRATEGY INC 0.88%

COMMVAULT SYSTEMS INC 0.87%

FORTINET INC 0.87%

AMPLITUDE INC CLASS A 0.85%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

37% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	WCLD	XSW	WCLD	XSW	WCLD	XSW
3 months	+22.4%	+10.1%	+19.8 pts	+7.5 pts	+20.2 pts	+7.9 pts
6 months	+47.9%	+36.3%	+30.9 pts	+19.3 pts	+21.0 pts	+9.4 pts
1 year	+15.5%	−1.6%	−0.2 pts	−17.3 pts	−8.3 pts	−25.4 pts
3 years	+37.1%	+53.6%	−47.9 pts	−31.4 pts	−72.9 pts	−56.4 pts
Since launch WCLD Sep 2019 · XSW Sep 2011	+60.4%	+766.5%	−123.9 pts	+12.4 pts	−243.3 pts	−696.5 pts

WCLD and XSW over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

WCLD

WisdomTree Cloud Computing Fund · Holds 64 stocks in cloud and software, 16% of its weight in S&P 500 companies

XSW

State Street(R) SPDR(R) S&P(R) Software & Services ETF · Holds 133 stocks in cloud and software, 21% of its weight in S&P 500 companies

Issuer WisdomTree State Street

Theme Cloud and software Cloud and software

In the S&P 500 15.7% 20.8%

Active share vs the S&P 500 98.2% 95.5%

In the Nasdaq-100 14.4% 14.0%

Holdings 64 133

Top ten, share of the fund 26.5% 9.2%

Expense ratio 0.45% 0.35%

Fee for the differing part 0.46% 0.37%

Total return, 1 year +15.5% −1.6%

vs the S&P 500 −0.2 pts −17.3 pts

vs the Nasdaq-100 −8.3 pts −25.4 pts

Below its high −37.8% −7.5%

Net assets $280m $473m

WCLD and XSW on the same fields, as of Sep 30, 2026. Source: ETFIQ.

WCLD in plain words

By weight, 16% of WCLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 26% of the fund across 64 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +15.5% with distributions reinvested against +15.7% for the S&P 500, so a holder was about even. It sits 37.8% below its all-time high of Nov 9, 2021.

XSW in plain words

By weight, 21% of XSW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 9% of the fund across 133 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −1.6% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 17.3 pts. It sits 7.5% below its all-time high of Aug 27, 2026.

Questions people ask

Do WCLD and XSW hold the same stocks?: By their latest filings, 37% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, WCLD or XSW?: WCLD has 16% of its weight in S&P 500 names and XSW has 21%, so WCLD differs more from the index.
Which is cheaper, WCLD or XSW?: WCLD charges 0.45% a year and XSW charges 0.35%, so XSW is cheaper. Fees come from each fund's prospectus.

Other comparisons

WCLD vs XIGV WCLD vs IGV WCLD vs CLOD WCLD vs CLOU XSW vs CLOD XSW vs CLOU XSW vs SKYY XSW vs FCLD

WCLD on its own →XSW on its own →How every figure is computed →Standards and sources →

Where these figures came from

WCLD filings on SEC EDGAR ↗WCLD prospectus with the expense ratio (SEC) ↗WisdomTree page for WCLD ↗XSW filings on SEC EDGAR ↗XSW prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, WCLD against XSW, data as of Sep 30, 2026. https://etfiq.com/compare/themes/wcld-vs-xsw

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.