CLOU

Cloud Computing ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider CLOU

High Growth Potential

The global cloud services market increased by 11% from 2019 to 2020, exceeding $270bn. Forecasts suggest the market could reach nearly $400bn by 2022.¹

Structural Tailwinds

Demand for cloud computing services surged in the pandemic and seem unlikely to abate, as work, school, and social activities moved increasingly to digital experiences.

Unconstrained Approach

Cloud computing spans multiple segments, and its most innovative companies include both household names and newcomers from around the world. CLOU invests accordingly, without regard for sector or geography.

¹Statista, Apr 2021

Key Information As of 01/19/22

Inception Date	04/12/19
Total Expense Ratio	0.68%
Net Assets	$1.01 billion
NAV	$23.38
Fact Sheet

ETF Summary

The Global X Cloud Computing ETF (CLOU) seeks to invest in companies positioned to benefit from the increased adoption of cloud computing technology, including companies whose principal business is in offering computing Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), Infrastructure-as-a-Service (IaaS), managed server storage space and data center real estate investment trusts, and/or cloud and edge computing infrastructure and hardware.

ETF Objective

The Global X Cloud Computing ETF (CLOU) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index.

Trading Details As of 01/19/22

Ticker	CLOU
Bloomberg Index Ticker	ICLOU
CUSIP	37954Y442
ISIN	US37954Y4420
Primary Exchange	Nasdaq
Shares Outstanding	43,400,000
Number of Holdings	35
30-Day Median Bid-Ask Spread	0.04%

Distributions As of 01/19/22

30-Day SEC Yield	-0.48%
Distribution Frequency	Semi-Annually

ETF Prices As of 01/19/22

NAV	$23.38	Daily Change	$0.06	0.28%
Market Price	$23.37	Daily Change	$0.05	0.21%

As of recent month & quarter-end (12/31/21) As of recent month & quarter-end (12/31/21)	Fund NAV	Market Price	Index
1 Year	-3.26%	-3.33%	-2.67%
Since Inception	23.97%	24.13%	24.64%
1 Year	-3.26%	-3.33%	-2.67%
Since Inception	23.97%	24.13%	24.64%
Year-to-Date	-3.26%	-3.33%	-2.67%
1 Month	-4.93%	-5.13%	-4.89%
3 Months	-7.82%	-7.88%	-7.67%
Since Inception	79.25%	79.90%	82.19%
Year-to-Date	-3.26%	-3.33%	-2.67%
1 Month	-4.93%	-5.13%	-4.89%
3 Months	-7.82%	-7.88%	-7.67%
Since Inception	79.25%	79.90%	82.19%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
5.56	AKAM	AKAMAI TECHNOLOGIES INC	2507457	113.17	492,365	55,720,947.05
4.77	MIME	MIMECAST LTD	BYT5JK6	79.68	599,814	47,793,179.52
4.62	WDAY	WORKDAY INC-CLASS A	B8K6ZD1	249.46	185,947	46,386,338.62
4.54	DLR	DIGITAL REALTY TRUST INC	B03GQS4	154.93	293,893	45,532,842.49
4.49	FIVN	FIVE9 INC	BKY7X18	127.92	352,280	45,063,657.60
4.38	QLYS	QUALYS INC	B7XJTN8	124.96	351,877	43,970,549.92
4.25	DBX	DROPBOX INC-CLASS A	BG0T321	24.49	1,740,590	42,627,049.10
4.15	NFLX	NETFLIX INC	2857817	515.86	80,728	41,644,346.08
4.10	ZS	ZSCALER INC	BZ00V34	253.11	162,659	41,170,619.49
3.95	CRM	SALESFORCE.COM INC	2310525	226.27	175,202	39,642,956.54
3.87	WK	WORKIVA INC	BSS6HY8	113.74	341,611	38,854,835.14
3.85	PLAN	ANAPLAN INC	BD9PLW5	46.59	828,351	38,592,873.09
3.80	SPSC	SPS COMMERCE INC	B57VWJ3	117.25	324,843	38,087,841.75
3.66	WIX	WIX.COM LTD	BFZCHN7	134.22	273,829	36,753,328.38
3.61	SHOP	SHOPIFY INC - CLASS A	BXDZ9Z0	1,030.95	35,090	36,176,035.50
3.50	TWLO	TWILIO INC - A	BD6P5Q0	203.69	172,261	35,087,843.09
3.48	BOX	BOX INC - CLASS A	BVB3BV2	25.50	1,368,372	34,893,486.00
3.46	PAYC	PAYCOM SOFTWARE INC	BL95MY0	329.76	105,318	34,729,663.68
3.05	COUP	COUPA SOFTWARE INC	BD87XR1	133.09	230,029	30,614,559.61
3.00	ZM	ZOOM VIDEO COM-A	BGSP7M9	157.23	191,094	30,045,709.62
2.92	FSLY	FASTLY INC - CLASS A	BJN4MY9	29.52	991,860	29,279,707.20
2.42	AMZN	AMAZON.COM INC	2000019	3,125.98	7,770	24,288,864.60
2.42	MSFT	MICROSOFT CORP	2588173	303.33	80,067	24,286,723.11
2.04	VMEO	VIMEO INC	BNDYF15	14.58	1,400,518	20,419,552.44
1.95	GOOGL	ALPHABET INC-CL A	BYVY8G0	2,702.33	7,236	19,554,059.88
1.77	EVBG	EVERBRIDGE INC	BYY5ZB4	51.59	343,814	17,737,364.26
1.18	CONE	CYRUSONE INC	B7YRLH9	89.21	132,580	11,827,461.80
1.17	VNET	VNET Group Inc	B3Q0VS9	9.31	1,260,772	11,737,787.32
1.05	TWOU	2U INC	BKWBZZ0	15.42	681,907	10,515,005.94
0.85	BABA	ALIBABA GRP-ADR	BP41ZD1	127.74	66,431	8,485,895.94
0.57	FRSH	FRESHWORKS INC-CL A	BPF0BB7	21.92	259,686	5,692,317.12
0.44	PUBM	PUBMATIC INC-CLASS A	BNHP503	24.69	180,396	4,453,977.24
0.44	IBM	IBM	2005973	131.58	33,419	4,397,272.02
0.38	BNFT	BENEFITFOCUS INC	BDFN1P6	10.48	359,589	3,768,492.72
0.22	KC	KINGSOFT CLO-ADR	BM8R675	11.52	191,467	2,205,699.84
0.10		CASH		1.00	1,042,906	1,042,906.43

Holdings are subject to change.

Sector Breakdown As of 12/31/21

	Sector	Weight (%)
	Information Technology	80.7
	Communication	8.9
	Real Estate	5.6
	Consumer Discretionary	4.8

Source: AltaVista Research, LLC

Country Breakdown As of 12/31/21

	Country	Weight (%)
	United States	85.8
	Canada	4.3
	Britain	4.2
	Israel	3.8
	China	2.0

Source: AltaVista Research, LLC

ETF Characteristics As of 01/19/22

Return on Equity	16.40%
Weighted Avg. Market Cap	177,523 M
	2020	2021
Price-to-earnings	107.73	57.43
Price-to-book value	10.13	8.77

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/19/22

Versus	Beta
S&P 500	0.95
MSCI EAFE	0.79
MSCI Emg. Mkts	0.72
Standard Deviation	24.40%

Source: AltaVista Research, LLC

ETF Research

Mapping the Cloud: A Look at the Segments Driving Growth

A Decade of Change: How Tech Evolved in the 2010s and What’s In Store for the 2020s

Cloud Computing: The Digital Infrastructure Powering Today's Businesses

View More Related Research

ETF Documents

Latest Premium / Discount As of 01/19/22

NAV	$23.38
Market Price	$23.37
Premium / (Discount)	($0.01)

Current View 2022 Q1 As of 01/19/22

Days at Premium	8
Days at NAV	0
Days at Discount	4
Greatest Premium	0.12%
Greatest Discount	-0.11%

Daily Premium / Discount History As of 01/19/22

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Investing involves risk, including the possible loss of principal. The investable universe of companies in which CLOU may invest may be limited. The Fund invests in securities of companies engaged in Information Technology, which can be affected by rapid product obsolescence and intense industry competition. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. CLOU is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.

CLOU

Cloud Computing ETF

Reasons to Consider CLOU

High Growth Potential

Structural Tailwinds

Unconstrained Approach

Key Information As of 01/19/22

ETF Summary

ETF Objective

Trading Details As of 01/19/22

Distributions As of 01/19/22

ETF Prices As of 01/19/22

Performance History

Top Holdings As of 01/19/22

Sector Breakdown As of 12/31/21

Country Breakdown As of 12/31/21

ETF Characteristics As of 01/19/22

ETF Risk Stats As of 01/19/22

ETF Research

Mapping the Cloud: A Look at the Segments Driving Growth

A Decade of Change: How Tech Evolved in the 2010s and What’s In Store for the 2020s

Cloud Computing: The Digital Infrastructure Powering Today's Businesses

ETF Documents