CLOU

Cloud Computing ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider CLOU

High Growth Potential

The global cloud computing market was valued at $483bn in 2022, with forecasts suggesting it could more than triple to $1.5tn by 2030.¹

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.

¹Grand View Research, Feb 2022

Key Information As of 07/01/22

Inception Date	04/12/19
Total Expense Ratio	0.68%
Net Assets	$662.59 million
NAV	$16.88
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 07/01/22

Ticker	CLOU
Bloomberg Index Ticker	ICLOU
CUSIP	37954Y442
ISIN	US37954Y4420
Primary Exchange	Nasdaq
Shares Outstanding	39,260,000
Number of Holdings	35
30-Day Median Bid-Ask Spread	0.06%

Distributions As of 07/01/22

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

ETF Prices As of 07/01/22

NAV	$16.88	Daily Change	$0.39	2.37%
Market Price	$16.89	Daily Change	$0.40	2.43%

As of recent month & quarter-end (06/30/22) As of recent month & quarter-end (06/30/22)	Fund NAV	Market Price	Index
1 Year	-41.24%	-41.24%	-40.83%
3 Years	1.93%	1.93%	2.58%
Since Inception	3.43%	3.55%	4.07%
1 Year	-41.24%	-41.24%	-40.83%
3 Years	1.93%	1.93%	2.58%
Since Inception	3.43%	3.55%	4.07%
Year-to-Date	-37.82%	-37.80%	-37.59%
1 Month	-7.57%	-7.67%	-7.55%
3 Months	-24.98%	-25.01%	-24.80%
Since Inception	11.46%	11.90%	13.70%
Year-to-Date	-37.82%	-37.80%	-37.59%
1 Month	-7.57%	-7.67%	-7.55%
3 Months	-24.98%	-25.01%	-24.80%
Since Inception	11.46%	11.90%	13.70%

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 ($)	Shares Held	Market Value ($)
5.40	DOCN	DIGITALOCEAN HOLDINGS INC	BNC23Q1	41.54	861,875	35,802,287.50
5.10	ZM	ZOOM VIDEO COM-A	BGSP7M9	110.97	304,725	33,815,333.25
4.79	DBX	DROPBOX INC-CLASS A	BG0T321	21.90	1,448,045	31,712,185.50
4.62	QLYS	QUALYS INC	B7XJTN8	129.85	235,725	30,608,891.25
4.53	CRM	SALESFORCE INC	2310525	168.20	178,276	29,986,023.20
4.50	PAYC	PAYCOM SOFTWARE INC	BL95MY0	291.17	102,446	29,829,201.82
4.45	NFLX	NETFLIX INC	2857817	179.95	163,808	29,477,249.60
4.35	AKAM	AKAMAI TECHNOLOGIES INC	2507457	92.12	312,616	28,798,185.92
4.33	DLR	DIGITAL REALTY TRUST INC	B03GQS4	131.58	218,213	28,712,466.54
4.33	SPSC	SPS COMMERCE INC	B57VWJ3	111.46	257,365	28,685,902.90
4.29	WIX	WIX.COM LTD	BFZCHN7	68.21	416,247	28,392,207.87
4.05	FIVN	FIVE9 INC	BKY7X18	94.73	283,014	26,809,916.22
3.97	BOX	BOX INC - CLASS A	BVB3BV2	25.79	1,019,826	26,301,312.54
3.80	ZS	ZSCALER INC	BZ00V34	155.37	161,924	25,158,131.88
3.72	WK	WORKIVA INC	BSS6HY8	65.84	374,427	24,652,273.68
3.54	SHOP	SHOPIFY INC - CLASS A	BXDZ9Z0	31.41	746,620	23,451,334.20
3.40	TWLO	TWILIO INC - A	BD6P5Q0	85.17	264,147	22,497,399.99
3.38	WDAY	WORKDAY INC-CLASS A	B8K6ZD1	142.35	157,449	22,412,865.15
3.29	COUP	COUPA SOFTWARE INC	BD87XR1	59.47	366,416	21,790,759.52
2.19	AMZN	AMAZON.COM INC	2000019	109.56	132,572	14,524,588.32
2.18	MSFT	MICROSOFT CORP	2588173	259.58	55,551	14,419,928.58
2.10	FSLY	FASTLY INC - CLASS A	BJN4MY9	12.05	1,155,052	13,918,376.60
1.92	FRSH	FRESHWORKS INC-CL A	BPF0BB7	13.47	943,166	12,704,446.02
1.80	GOOGL	ALPHABET INC-CL A	BYVY8G0	2,174.75	5,477	11,911,105.75
1.66	EVBG	EVERBRIDGE INC	BYY5ZB4	28.97	379,168	10,984,496.96
1.42	VMEO	VIMEO INC	BNDYF15	6.23	1,504,723	9,374,424.29
1.37	TWOU	2U INC	BKWBZZ0	12.25	738,243	9,043,476.75
1.24	VNET	VNET Group Inc	B3Q0VS9	6.01	1,370,671	8,237,732.71
0.95	PUBM	PUBMATIC INC-CLASS A	BNHP503	15.75	399,999	6,299,984.25
0.91	YEXT	YEXT INC	BD8ZJW2	4.80	1,257,775	6,037,320.00
0.87	BABA	ALIBABA GRP-ADR	BP41ZD1	116.00	49,394	5,729,704.00
0.45	KC	KINGSOFT CLO-ADR	BM8R675	4.75	624,779	2,967,700.25
0.38	BNFT	BENEFITFOCUS INC	BDFN1P6	7.94	320,105	2,541,633.70
0.37	BCOV	BRIGHTCOVE	B4XS3D2	6.40	385,243	2,465,555.20
0.35	IBM	IBM	2005973	141.12	16,404	2,314,932.48
0.03		CASH		1.00	218,917	218,916.54

Holdings are subject to change.

Sector Breakdown As of 05/31/22

	Sector	Weight (%)
	Information Technology	81.0
	Communication Services	9.0
	Consumer Discretionary	5.8
	Real Estate	4.2

Source: AltaVista Research, LLC

Country Breakdown As of 05/31/22

	Country	Weight (%)
	United States	89.9
	Canada	4.1
	Israel	3.8
	China	2.3

Source: AltaVista Research, LLC

ETF Characteristics As of 07/01/22

Return on Equity	7.60%
Weighted Avg. Market Cap	113,642 M
	2021	2022
Price-to-earnings	40.30	47.65
Price-to-book value	3.76	3.51

Source: AltaVista Research, LLC

ETF Risk Stats As of 07/01/22

Versus	Beta
S&P 500	1.10
MSCI EAFE	0.92
MSCI Emg. Mkts	0.84
Standard Deviation	27.00%

Source: AltaVista Research, LLC

ETF Research

Cloud Technology: Business Appears Stronger Than the Market Suggests

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

View More Related Research

ETF Documents

Latest Premium / Discount As of 07/01/22

NAV	$16.88
Market Price	$16.89
Premium / (Discount)	$0.01

Current View 2022 Q3 As of 07/01/22

Days at Premium	1
Days at NAV	0
Days at Discount	0
Greatest Premium	0.08%
Greatest Discount	0.00%

Daily Premium / Discount History As of 07/01/22

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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 07/01/22

ETF Summary

ETF Objective

Trading Details As of 07/01/22

Distributions As of 07/01/22

ETF Prices As of 07/01/22

Performance History

Top Holdings As of 07/01/22

Sector Breakdown As of 05/31/22

Country Breakdown As of 05/31/22

ETF Characteristics As of 07/01/22

ETF Risk Stats As of 07/01/22

ETF Research

Cloud Technology: Business Appears Stronger Than the Market Suggests

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

ETF Documents