CLOU


Cloud Computing ETF

Fund 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.

Fund 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.

Why 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

Fund Details As of 09/24/21

Key Facts

Ticker CLOU
Inception Date 04/12/19
CUSIP 37954Y442
ISIN US37954Y4420
Bloomberg Index Ticker ICLOU
Primary Exchange Nasdaq
Number of Holdings 34

Stats & Fees

Net Assets $1,402,219,039
Net Asset Value (NAV) $30.91
Shares Outstanding 45,370,000
Total Expense Ratio 0.68%

Distributions

30-Day SEC Yield N/A
Distribution Frequency Semi-Annually

Fund Prices As of 09/24/21

NAV $30.91 Daily Change -$0.06 -0.18%
Market Price $30.92 Daily Change -$0.07 -0.23%
30-Day Median Bid-Ask Spread 0.03%

Performance History

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.

Fund Characteristics As of 09/24/21

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

Fund Risk Stats As of 09/24/21

Versus Beta
S&P 500 0.95
MSCI EAFE 0.77
MSCI Emg. Mkts 0.66
Standard Deviation 23.60%

Source: AltaVista Research, LLC

Sector Breakdown As of 08/31/21

% of Net Assets
Information Technology 81.0
Consumer Discretionary 7.3
Communication Services 6.7
Real Estate 5.0

Source: AltaVista Research, LLC

Country Breakdown As of 08/31/21

% of Net Assets
United States 86.5
Canada 4.8
New Zealand 3.5
Britain 3.0
China 2.2

Source: AltaVista Research, LLC

Top Holdings As of 09/24/21

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
Holdings are subject to change.


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.