WisdomTree Cloud Computing Fund (WCLD) Valuation
WCLD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 118.7 trailing earnings
- Forward P/E
- 25.2 analyst estimates
- Price / sales
- 5.08
- Price / book
- 6.14
- EV / EBITDA
- 34.3
- Earnings yield
- 0.84% inverse of P/E
- Dividend yield
- 0.03% of the holdings
- Return on equity
- 5.2% combined
- Net margin
- 4.3% combined
- Beta
- 1.03 weighted, vs S&P 500
WCLD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| WCLD | 118.7 | 25.2 | 5.08 | 6.14 | 0.03% | 5.2% | 4.3% | 33.5% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
WCLD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 94.3% | 126.2 | 25.6 | 5.03 | 6.60 | 0.03% | 5.2% |
| Healthcare | 3.4% | 44.7 | 18.7 | 7.04 | 2.11 | 0.00% | 4.7% |
WCLD earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How WCLD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
WCLD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NTSK | Netskope, Inc. | 2.23% | — | — | 9.7 | — | −14.16% |
| OKTA | Okta, Inc. | 2.07% | 112.8 | 54.3 | 10.7 | — | 2.23% |
| BRZE | Braze, Inc. | 2.03% | — | 39.8 | 4.0 | — | −8.65% |
| DOCU | DocuSign, Inc. | 1.96% | 45.5 | 15.1 | 4.2 | — | 5.22% |
| PD | PagerDuty, Inc. | 1.92% | 8.0 | 11.0 | 2.6 | — | 29.08% |
| ZS | Zscaler, Inc. | 1.87% | — | 43.9 | 10.1 | — | −0.43% |
| CRWD | CrowdStrike Holdings, Inc. | 1.85% | — | 208.3 | 43.1 | — | 0.06% |
| VEEV | Veeva Systems Inc. | 1.85% | 50.9 | 30.2 | 14.5 | — | 4.41% |
| GTLB | GitLab Inc. | 1.78% | — | 55.2 | 8.3 | — | −1.31% |
| ASAN | Asana, Inc. | 1.78% | — | 25.6 | 2.7 | — | −10.06% |
| APXT_old | Apex Treasury Corporation | 1.76% | — | — | — | — | — |
| TEAM | Atlassian Corporation | 1.76% | — | 36.2 | 8.0 | — | −0.14% |
| NOW | ServiceNow, Inc. | 1.76% | 88.7 | 27.8 | 10.0 | — | 2.41% |
| DT | Dynatrace, Inc. | 1.75% | 122.2 | 29.6 | 8.5 | — | 1.74% |
| RBRK | Rubrik, Inc. | 1.74% | — | 625.0 | 15.0 | — | −1.86% |
| TENB | Tenable Holdings, Inc. | 1.72% | 620.0 | 16.3 | 3.9 | — | 0.34% |
| RNG | RingCentral, Inc. | 1.70% | 60.4 | 14.3 | 2.4 | 0.36% | 3.43% |
| QLYS | Qualys, Inc. | 1.68% | 31.4 | 21.9 | 9.1 | — | 6.52% |
| ESTC | Elastic N.V. | 1.66% | 26.2 | 27.4 | 5.3 | — | 7.71% |
| CRM | Salesforce, Inc. | 1.66% | 22.0 | 14.0 | 4.5 | 0.73% | 9.15% |
| FRSH | Freshworks Inc. | 1.65% | 21.8 | 15.7 | 4.0 | — | 9.21% |
| DDOG | Datadog, Inc. | 1.63% | 494.2 | 84.7 | 22.4 | — | 0.40% |
| FIVN | Five9, Inc. | 1.60% | 46.7 | 9.9 | 2.0 | — | 4.16% |
| SHOP | Shopify Inc. | 1.59% | 114.5 | 58.8 | 16.6 | — | 1.69% |
| PAYC | Paycom Software, Inc. | 1.59% | 26.6 | 16.7 | 5.3 | 0.60% | 7.25% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About WCLD valuation
Adding up its 63 holdings with company data, WCLD trades at 118.7 times trailing earnings and 25.2 times analysts' forward estimates, with a price-to-book ratio of 6.14 and a dividend yield of 0.03%. Its earnings yield of 0.84% is 4.48 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 19.3% of the fund and earn 6.4% of its combined profit. By sector, Technology is the most expensive at 126.2 times earnings and Healthcare the cheapest at 44.7. Companies that lost money over the past year are 33.5% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: WCLD chart, WCLD performance, WCLD holdings.
WCLD valuation FAQ
What is the P/E ratio of WCLD?
Based on its holdings, WCLD has a trailing P/E of 118.7 and a forward P/E of 25.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of WCLD?
The trailing earnings yield is 0.84% (1 ÷ P/E) and the forward earnings yield 3.96%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is WCLD more expensive than the S&P 500?
WCLD trades at 118.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 25.2 and 19.9.
What is the price-to-book ratio of WCLD?
The holdings of WCLD trade at 6.14 times book value, with a combined return on equity of 5.2%.
Which sector in WCLD has the highest P/E?
Technology has the highest P/E at 126.2 and Healthcare the lowest at 44.7.