| NAV | $17.22 | Daily Change | $0.37 | 2.20% |
| Market Price | $17.18 | Daily Change | $0.34 | 2.02% |
Despite its 15+ years in existence, the global cloud computing market accounts for less than 15% of global IT spending, highlighting substantial room for further adoption. Forecasts suggest global cloud spending is expected to grow from $400bn in 2021 to $1.6tn in 2030.1
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.
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.
1Amazon, Jul 2022
| Inception Date | 04/12/19 |
| Total Expense Ratio | 0.68% |
| Net Assets | $558.70 million |
| NAV | $17.22 |
| Fact Sheet |
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.
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.
| Ticker | CLOU |
| Bloomberg Index Ticker | ICLOU |
| CUSIP | 37954Y442 |
| ISIN | US37954Y4420 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 32,440,000 |
| Number of Holdings | 35 |
| 30-Day Median Bid-Ask Spread | 0.06% |
| 30-Day SEC Yield | -0.47% |
| Distribution Frequency | Semi-Annually |
| NAV | $17.22 | Daily Change | $0.37 | 2.20% |
| Market Price | $17.18 | Daily Change | $0.34 | 2.02% |
|
As of recent (12/31/22)
As of recent (12/31/22)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | -39.52% | -39.53% | -39.10% |
| 3 Years | 1.19% | 1.15% | 1.83% |
| Since Inception | 2.19% | 2.29% | 2.83% |
| 1 Year | -18.11% | -18.13% | -17.56% |
| 3 Years | 2.95% | 3.03% | 3.60% |
| Since Inception | 4.14% | 4.28% | 4.79% |
| Year-to-Date | -39.52% | -39.53% | -39.10% |
| 1 Month | -4.35% | -4.47% | -4.29% |
| 3 Months | 0.63% | 0.44% | 0.78% |
| Since Inception | 8.42% | 8.78% | 10.95% |
| Year-to-Date | 7.98% | 8.17% | 8.09% |
| 1 Month | -3.35% | -3.40% | -3.30% |
| 3 Months | 3.28% | 3.34% | 3.45% |
| Since Inception | 17.07% | 17.67% | 19.92% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 5.30 | WK | WORKIVA INC | BSS6HY8 | 97.38 | 303,806 | 29,584,628.28 |
| 5.12 | SHOP | SHOPIFY INC - CLASS A | BXDZ9Z0 | 45.79 | 624,062 | 28,575,798.98 |
| 5.06 | WDAY | WORKDAY INC-CLASS A | B8K6ZD1 | 188.04 | 150,186 | 28,240,975.44 |
| 4.83 | CRM | SALESFORCE INC | 2310525 | 187.44 | 143,894 | 26,971,491.36 |
| 4.55 | WIX | WIX.COM LTD | BFZCHN7 | 96.94 | 262,100 | 25,407,974.00 |
| 4.50 | SPSC | SPS COMMERCE INC | B57VWJ3 | 144.42 | 174,086 | 25,141,500.12 |
| 4.49 | NFLX | NETFLIX INC | 2857817 | 320.37 | 78,262 | 25,072,796.94 |
| 4.43 | FIVN | FIVE9 INC | BKY7X18 | 62.66 | 395,146 | 24,759,848.36 |
| 4.21 | DOCN | DIGITALOCEAN HOLDINGS INC | BNC23Q1 | 35.49 | 663,037 | 23,531,183.13 |
| 4.13 | QLYS | QUALYS INC | B7XJTN8 | 123.24 | 187,334 | 23,087,042.16 |
| 3.89 | DBX | DROPBOX INC-CLASS A | BG0T321 | 21.11 | 1,030,458 | 21,752,968.38 |
| 3.71 | DLR | DIGITAL REALTY TRUST INC | B03GQS4 | 93.51 | 221,753 | 20,736,123.03 |
| 3.60 | TWLO | TWILIO INC - A | BD6P5Q0 | 62.38 | 322,096 | 20,092,348.48 |
| 3.48 | BOX | BOX INC - CLASS A | BVB3BV2 | 25.37 | 766,794 | 19,453,563.78 |
| 3.39 | AKAM | AKAMAI TECHNOLOGIES INC | 2507457 | 75.05 | 252,504 | 18,950,425.20 |
| 3.33 | ZM | ZOOM VIDEO COM-A | BGSP7M9 | 69.19 | 268,535 | 18,579,936.65 |
| 3.24 | ZS | ZSCALER INC | BZ00V34 | 112.56 | 160,609 | 18,078,149.04 |
| 3.16 | SINCH SS | SINCH AB | BKP8Q11 | 2.75 | 6,426,478 | 17,680,055.93 |
| 3.14 | PAYC | PAYCOM SOFTWARE INC | BL95MY0 | 272.32 | 64,502 | 17,565,184.64 |
| 3.04 | FRSH | FRESHWORKS INC-CL A | BPF0BB7 | 13.84 | 1,228,246 | 16,998,924.64 |
| 2.94 | FSLY | FASTLY INC - CLASS A | BJN4MY9 | 15.94 | 1,030,267 | 16,422,455.98 |
| 2.44 | MSFT | MICROSOFT CORP | 2588173 | 277.66 | 49,094 | 13,631,440.04 |
| 2.08 | AMZN | AMAZON.COM INC | 2000019 | 98.71 | 117,760 | 11,624,089.60 |
| 1.97 | EVBG | EVERBRIDGE INC | BYY5ZB4 | 32.95 | 333,746 | 10,996,930.70 |
| 1.86 | GOOGL | ALPHABET INC-CL A | BYVY8G0 | 105.60 | 98,477 | 10,399,171.20 |
| 1.73 | YEXT | YEXT INC | BD8ZJW2 | 9.26 | 1,040,698 | 9,636,863.48 |
| 1.20 | HSTM | HEALTHSTREAM INC | 2577870 | 26.10 | 257,664 | 6,725,030.40 |
| 0.86 | PUBM | PUBMATIC INC-CLASS A | BNHP503 | 13.37 | 359,417 | 4,805,405.29 |
| 0.85 | VMEO | VIMEO INC | BNDYF15 | 3.58 | 1,321,217 | 4,729,956.86 |
| 0.76 | TWOU | 2U INC | BKWBZZ0 | 6.49 | 652,715 | 4,232,856.78 |
| 0.75 | VNET | VNET Group Inc | B3Q0VS9 | 3.47 | 1,202,870 | 4,173,958.90 |
| 0.67 | BABA | ALIBABA GRP-ADR | BP41ZD1 | 86.52 | 43,516 | 3,765,004.32 |
| 0.65 | KC | KINGSOFT CLO-ADR | BM8R675 | 6.01 | 599,333 | 3,601,991.33 |
| 0.33 | IBM | IBM | 2005973 | 123.37 | 14,751 | 1,819,830.87 |
| 0.22 | DCREIT SP | DIGITAL CORE REI | BNYGMH5 | 0.42 | 2,971,325 | 1,233,099.88 |
| 0.12 | CASH | 1.00 | 640,952 | 640,951.70 |
| Sector | Weight (%) | |
|---|---|---|
| Information Technology | 75.6 | |
| Communication Services | 11.9 | |
| Consumer Discretionary | 6.9 | |
| Real Estate | 4.4 | |
| Health Care | 1.2 |
Source: AltaVista Research, LLC
| Country | Weight (%) | |
|---|---|---|
| United States | 85.0 | |
| Canada | 4.6 | |
| Israel | 4.2 | |
| Sweden | 3.9 | |
| China | 1.9 | |
| Singapore | 0.3 | |
| Other/Cash | 0.1 |
Source: AltaVista Research, LLC
| Return on Equity | 11.10% | |
| Weighted Avg. Market Cap | 99,143 M | |
| 2022 | 2023 | |
| Price-to-earnings | 48.51 | 35.77 |
| Price-to-book value | 4.17 | 3.77 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 1.03 |
| MSCI EAFE | 0.91 |
| MSCI Emg. Mkts | 0.77 |
| Standard Deviation | 27.30% |
Source: AltaVista Research, LLC
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.