Cloud & SaaS companies
Cloud-software companies: but specifically the smaller, faster-growing ones like Snowflake, Datadog, CrowdStrike, MongoDB. NOT the mega-caps like Microsoft or Amazon (those are in the broad indexes). Much more volatile because smaller cloud names trade on growth expectations.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Pure-play exposure to high-growth cloud software
- Avoids overlap with mega-cap tech you already own
- Cloud spending is a long-term structural trend
- Can drop 50%+ in tech downturns (2022 was brutal)
- Small-cap heavy: much more volatile than CSPX
- Many holdings still unprofitable: sentiment-driven
About this fund
Tracks the BVP Nasdaq Emerging Cloud index - small-cap heavy and meaningfully more volatile than mega-cap cloud names. Snowflake, Datadog, CrowdStrike etc.
Available on Interactive Brokers
Low-cost access to Cloud & SaaS companies and 10,000+ funds worldwide.
Frequently asked questions
Is WCLD.L accumulating or distributing?
WisdomTree Cloud Computing UCITS ETF (WCLD.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for WCLD.L?
WCLD.L has a total expense ratio (TER) of 0.40% per year. On a $10,000 holding that is roughly $40 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy WCLD.L on Interactive Brokers?
Yes. WCLD.L trades on LSE, USD and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does WCLD.L invest in?
WisdomTree Cloud Computing UCITS ETF (WCLD.L) tracks the BVP Nasdaq Emerging Cloud. Cloud-software companies: but specifically the smaller, faster-growing ones like Snowflake, Datadog, CrowdStrike, MongoDB. You buy one fund and get the whole basket in a single trade.
Is WCLD.L a UCITS ETF, and where is it domiciled?
Yes, WCLD.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is WCLD.L?
On the TickerCompare 1 to 5 scale, WCLD.L is rated higher risk (5/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.