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

$38.65

Average Daily Volume

90,898

Number of Holdings ^*

* 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

$42.09

Average Daily Volume

792

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WCLD	MRGR
30 Days	17.12%	0.12%
60 Days	21.39%	0.60%
90 Days	21.62%	1.82%
12 Months	27.20%	7.37%

2 Overlapping Holdings

	Symbol	Grade	Weight in WCLD	Weight in MRGR	Overlap
	SMAR	B	1.47%	2.41%	1.47%
	ZUO	B	1.46%	2.39%	1.46%

WCLD Overweight 60 Positions Relative to MRGR

Symbol	Grade	Weight
BILL	A	2.27%
TOST	B	2.24%
TEAM	A	2.09%
TWLO	A	2.03%
SHOP	B	1.83%
DOCU	B	1.82%
SQ	A	1.81%
QTWO	A	1.8%
HUBS	A	1.78%
PAYC	B	1.77%
CRWD	B	1.75%
GTLB	B	1.74%
ZM	C	1.74%
IOT	A	1.73%
CWAN	B	1.7%
FRSH	B	1.7%
CFLT	B	1.68%
AI	B	1.68%
PCTY	C	1.65%
PYPL	B	1.61%
CRM	B	1.6%
NOW	A	1.6%
PCOR	B	1.58%
IBUY	B	1.58%
S	B	1.55%
BOX	B	1.53%
DBX	B	1.52%
NCNO	C	1.52%
NET	B	1.52%
PANW	B	1.51%
DDOG	A	1.51%
MDB	B	1.5%
QLYS	B	1.5%
WK	B	1.5%
FIVN	C	1.48%
WDAY	B	1.46%
BL	B	1.46%
WIX	A	1.46%
FROG	C	1.43%
VEEV	C	1.42%
ZI	D	1.4%
PATH	C	1.39%
ZS	B	1.38%
RNG	C	1.37%
FSLY	D	1.35%
APPF	B	1.35%
DT	D	1.35%
ASAN	B	1.34%
DOCN	C	1.32%
SNOW	B	1.32%
BIGC	B	1.31%
TENB	C	1.27%
PD	C	1.27%
MNDY	C	1.27%
ADBE	C	1.17%
SPT	C	1.14%
CXM	C	1.13%
BRZE	C	1.12%
ESTC	C	1.06%
OKTA	C	1.0%

WCLD Underweight 27 Positions Relative to MRGR

Symbol	Grade	Weight
HTLF	B	-3.58%
DFS	B	-3.14%
IBTX	B	-3.02%
SASR	B	-2.81%
EDR	A	-2.53%
INFN	D	-2.5%
LBPH	A	-2.43%
EVRI	A	-2.42%
NAPA	A	-2.42%
B	A	-2.41%
ROIC	A	-2.41%
ALTR	B	-2.4%
ATSG	B	-2.4%
K	A	-2.37%
RCM	A	-2.37%
ENV	B	-2.37%
CDMO	A	-2.36%
ANSS	B	-2.32%
ALE	A	-2.31%
HCP	B	-2.3%
MRO	B	-2.28%
LBRDK	C	-2.25%
CTLT	C	-2.2%
JNPR	D	-2.14%
SPR	D	-2.11%
CHX	C	-1.8%
RVNC	F	-1.42%