WCLD vs. MRGR ETF Comparison
Comparison of WisdomTree Cloud Computing Fund (WCLD) to ProShares Merger ETF (MRGR)
WCLD
WisdomTree Cloud Computing Fund
WCLD Description
The WisdomTree Cloud Computing Fund seeks to track the price and yield performance, before fees and expenses, of the BVP Nasdaq Emerging Cloud Index, an equally weighted Index designed to measure the performance of emerging public companies focused on delivering cloud-based software to customers.
Grade (RS Rating)
Last Trade
$32.04
Average Daily Volume
156,244
Number of Holdings
*
62
* may have additional holdings in another (foreign) market
MRGR
ProShares Merger ETF
MRGR Description
The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.Grade (RS Rating)
Last Trade
$41.95
Average Daily Volume
714
Number of Holdings
*
28
* may have additional holdings in another (foreign) market
Performance
Period | WCLD | MRGR |
---|---|---|
30 Days | 4.09% | 1.06% |
60 Days | 10.94% | 3.11% |
90 Days | 0.53% | 4.09% |
12 Months | 11.72% | 7.71% |
1 Overlapping Holdings
Symbol | Grade | Weight in WCLD | Weight in MRGR | Overlap | |
---|---|---|---|---|---|
SMAR | A | 1.68% | 2.36% | 1.68% |
WCLD Overweight 61 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
IOT | C | 1.84% | |
ZM | B | 1.81% | |
FSLY | D | 1.76% | |
BOX | C | 1.74% | |
PYPL | A | 1.73% | |
TOST | B | 1.72% | |
GTLB | D | 1.7% | |
ZI | F | 1.68% | |
DBX | C | 1.67% | |
QTWO | B | 1.66% | |
VEEV | C | 1.64% | |
DOCU | A | 1.64% | |
MDB | D | 1.62% | |
NOW | B | 1.62% | |
DT | B | 1.62% | |
BILL | D | 1.61% | |
APPF | C | 1.61% | |
BL | D | 1.61% | |
PCTY | C | 1.61% | |
PATH | D | 1.61% | |
PCOR | D | 1.61% | |
SHOP | B | 1.61% | |
DOCN | B | 1.61% | |
HUBS | D | 1.6% | |
CRWD | D | 1.6% | |
CWAN | B | 1.6% | |
FROG | F | 1.6% | |
MNDY | B | 1.59% | |
TWLO | B | 1.59% | |
WDAY | D | 1.58% | |
PAYC | D | 1.57% | |
QLYS | F | 1.57% | |
CRM | B | 1.56% | |
IBUY | A | 1.56% | |
S | C | 1.55% | |
TEAM | D | 1.54% | |
WIX | D | 1.53% | |
PANW | B | 1.53% | |
SQ | D | 1.52% | |
WK | D | 1.52% | |
FRSH | F | 1.5% | |
DDOG | B | 1.5% | |
NET | D | 1.48% | |
ZUO | F | 1.46% | |
BIGC | F | 1.46% | |
TENB | D | 1.45% | |
PD | F | 1.45% | |
AI | D | 1.43% | |
RNG | F | 1.41% | |
ADBE | F | 1.4% | |
NCNO | F | 1.39% | |
CFLT | F | 1.39% | |
SNOW | F | 1.34% | |
ZS | F | 1.33% | |
SPT | F | 1.32% | |
FIVN | F | 1.3% | |
CXM | F | 1.3% | |
ASAN | F | 1.3% | |
OKTA | F | 1.15% | |
BRZE | F | 1.15% | |
ESTC | F | 1.06% |
WCLD Underweight 27 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | -3.04% | |
IBTX | B | -2.68% | |
INFN | C | -2.52% | |
DFS | A | -2.5% | |
EDR | A | -2.46% | |
SQSP | A | -2.39% | |
K | B | -2.35% | |
EVRI | A | -2.35% | |
ENV | C | -2.33% | |
PETQ | A | -2.33% | |
VGR | B | -2.32% | |
JNPR | C | -2.32% | |
SRCL | B | -2.32% | |
RCM | B | -2.32% | |
TELL | B | -2.32% | |
INST | C | -2.32% | |
PRFT | A | -2.31% | |
HCP | A | -2.3% | |
ALE | A | -2.29% | |
CTLT | A | -2.24% | |
AXNX | A | -2.24% | |
ANSS | D | -2.22% | |
SPR | D | -2.2% | |
MRO | B | -2.06% | |
RVNC | F | -1.89% | |
HES | D | -1.8% | |
CHX | C | -1.75% |
WCLD: Top Represented Industries & Keywords
Industries:
Software - Application
Software - Infrastructure
Telecom Services
Credit Services
Health Information Services
Information Technology Services
Internet Content & Information
Keywords:
Computing
Software As A Service
Cloud Computing
Software
Nasdaq 100
Cloud Infrastructure
Work From Home
Information Technology Management
Cloud Applications
Computer Security
Customer Relationship Management
S&P 500
Web Application
Artificial Intelligence
CRM
Cybersecurity
Fintech
Big Data
IBD 50
Social Media
MRGR: Top Represented Industries & Keywords
Industries:
Oil & Gas E&P
Software - Application
Banks - Regional - US
Communication Equipment
Drug Manufacturers - Specialty & Generic
Software - Infrastructure
Aerospace & Defense
Biotechnology
Capital Markets
Credit Services
Entertainment
Gambling
Health Information Services
Information Technology Services
Medical Devices
Oil & Gas Equipment & Services
Packaged Foods
Tobacco
Utilities - Regulated Electric
Waste Management
Keywords:
S&P 500
Computing
Natural Gas
Bank
Business Process Management
Deposit Products
Information Technology Management
Banking
Biopharmaceutical
Clinical Services
Computer Networking
Credit Card
Debit Card
Drugs
Embedded Software
Investment Management
Mobile Banking
Pain
Payment Systems
Petroleum Industry