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.
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
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.
1Statista, Apr 2021
| Ticker | CLOU |
| Inception Date | 04/12/19 |
| CUSIP | 37954Y442 |
| ISIN | US37954Y4420 |
| Bloomberg Index Ticker | ICLOU |
| Primary Exchange | Nasdaq |
| Number of Holdings | 34 |
| Net Assets | $1,402,219,039 |
| Net Asset Value (NAV) | $30.91 |
| Shares Outstanding | 45,370,000 |
| Total Expense Ratio | 0.68% |
| 30-Day SEC Yield | N/A |
| Distribution Frequency | Semi-Annually |
|
As of recent (06/30/21)
As of recent (06/30/21)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 33.16% | 33.10% | 34.04% |
| Since Inception | 33.48% | 33.72% | 34.23% |
| 1 Year | 24.98% | 25.21% | 25.79% |
| Since Inception | 34.62% | 34.88% | 35.33% |
| Year-to-Date | 2.37% | 2.33% | 2.66% |
| 1 Month | 9.14% | 9.14% | 9.11% |
| 3 Months | 10.92% | 10.92% | 11.10% |
| Since Inception | 89.67% | 90.43% | 92.18% |
| Year-to-Date | 9.61% | 9.64% | 10.05% |
| 1 Month | 6.93% | 7.07% | 7.00% |
| 3 Months | 16.86% | 16.93% | 16.96% |
| Since Inception | 103.09% | 104.03% | 106.01% |
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.
| Return on Equity | 17.70% | |
| Weighted Avg. Market Cap | 145,911 M | |
| 2020 | 2021 | |
| Price-to-earnings | 117.60 | 70.14 |
| Price-to-book value | 13.46 | 11.53 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 0.95 |
| MSCI EAFE | 0.77 |
| MSCI Emg. Mkts | 0.66 |
| Standard Deviation | 23.60% |
Source: AltaVista Research, LLC
| % of Net Assets | ||
|---|---|---|
| Information Technology | 81.0 | |
| Consumer Discretionary | 7.3 | |
| Communication Services | 6.7 | |
| Real Estate | 5.0 | |
Source: AltaVista Research, LLC
| % of Net Assets | ||
|---|---|---|
| United States | 86.5 | |
| Canada | 4.8 | |
| New Zealand | 3.5 | |
| Britain | 3.0 | |
| China | 2.2 | |
Source: AltaVista Research, LLC
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 5.89 | PCTY | PAYLOCITY HOLDING CORP | BKM4N88 | 297.60 | 277,296 | 82,523,289.60 |
| 5.66 | ZS | ZSCALER INC | BZ00V34 | 279.99 | 283,510 | 79,379,964.90 |
| 5.33 | PAYC | PAYCOM SOFTWARE INC | BL95MY0 | 515.48 | 145,001 | 74,745,115.48 |
| 4.48 | SHOP | SHOPIFY INC - CLASS A | BXDZ9Z0 | 1,444.00 | 43,505 | 62,821,220.00 |
| 4.43 | CRM | SALESFORCE.COM INC | 2310525 | 285.63 | 217,508 | 62,126,810.04 |
| 4.35 | DBX | DROPBOX INC-CLASS A | BG0T321 | 31.54 | 1,933,568 | 60,984,734.72 |
| 4.18 | WK | WORKIVA INC | BSS6HY8 | 151.01 | 388,294 | 58,636,276.94 |
| 4.06 | PLAN | ANAPLAN INC | BD9PLW5 | 65.32 | 872,219 | 56,973,345.08 |
| 4.02 | EVBG | EVERBRIDGE INC | BYY5ZB4 | 162.61 | 346,833 | 56,398,514.13 |
| 4.01 | NFLX | NETFLIX INC | 2857817 | 592.39 | 94,936 | 56,239,137.04 |
| 3.96 | SPSC | SPS COMMERCE INC | B57VWJ3 | 167.80 | 330,656 | 55,484,076.80 |
| 3.87 | WDAY | WORKDAY INC-CLASS A | B8K6ZD1 | 268.43 | 201,894 | 54,194,406.42 |
| 3.82 | TWLO | TWILIO INC - A | BD6P5Q0 | 343.21 | 155,926 | 53,515,362.46 |
| 3.57 | COUP | COUPA SOFTWARE INC | BD87XR1 | 248.19 | 201,895 | 50,108,320.05 |
| 3.45 | DLR | DIGITAL REALTY TRUST INC | B03GQS4 | 152.72 | 317,135 | 48,432,857.20 |
| 3.45 | XRO AU | XERO LTD | B8P4LP4 | 108.60 | 444,788 | 48,305,321.50 |
| 3.38 | AKAM | AKAMAI TECHNOLOGIES INC | 2507457 | 110.13 | 430,370 | 47,396,648.10 |
| 3.14 | ZM | ZOOM VIDEO COM-A | BGSP7M9 | 272.36 | 161,851 | 44,081,738.36 |
| 3.07 | QLYS | QUALYS INC | B7XJTN8 | 119.23 | 360,865 | 43,025,933.95 |
| 2.92 | FSLY | FASTLY INC - CLASS A | BJN4MY9 | 42.04 | 974,857 | 40,982,988.28 |
| 2.82 | MIME | MIMECAST LTD | BYT5JK6 | 66.60 | 593,509 | 39,527,699.40 |
| 2.70 | BOX | BOX INC - CLASS A | BVB3BV2 | 25.24 | 1,499,469 | 37,846,597.56 |
| 2.49 | CSOD | CORNERSTONE ONDEMAND INC | B404719 | 57.27 | 609,941 | 34,931,321.07 |
| 2.03 | MSFT | MICROSOFT CORP | 2588173 | 299.35 | 94,860 | 28,396,341.00 |
| 1.76 | AMZN | AMAZON.COM INC | 2000019 | 3,425.52 | 7,186 | 24,615,786.72 |
| 1.72 | TWOU | 2U INC | BKWBZZ0 | 35.25 | 685,252 | 24,155,133.00 |
| 1.49 | GOOGL | ALPHABET INC-CL A | BYVY8G0 | 2,844.30 | 7,343 | 20,885,694.90 |
| 1.25 | VNET | 21VIANET GROUP INC-ADR | B3Q0VS9 | 17.67 | 989,922 | 17,491,921.74 |
| 0.77 | CONE | CYRUSONE INC | B7YRLH9 | 74.62 | 144,445 | 10,778,485.90 |
| 0.68 | BABA | ALIBABA GRP-ADR | BP41ZD1 | 145.08 | 65,835 | 9,551,341.80 |
| 0.53 | COR | CORESITE REALTY CORP | B3T3VV8 | 147.06 | 50,522 | 7,429,765.32 |
| 0.23 | BNFT | BENEFITFOCUS INC | BDFN1P6 | 11.32 | 286,348 | 3,241,459.36 |
| 0.22 | IBM | IBM | 2005973 | 137.49 | 22,873 | 3,144,808.77 |
| 0.14 | CASH | 1.00 | 1,966,923 | 1,966,881.96 | ||
| 0.14 | 3888 HK | KINGSOFT CORP LTD | B27WRM3 | 3.91 | 485,700 | 1,899,739.24 |
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.
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