CLOU


Cloud Computing ETF

Reasons to Consider CLOU

High Growth Potential

Increasing AI investments are likely to boost cloud’s share of total IT spending from an estimated 15% in 20231 to roughly 40% in 2030,2 as companies look to capitalize on the flexibility and turnkey nature of the cloud model.

Structural Tailwinds

More data requires more cloud resources, and the proliferation of AI is generating tremendous amounts of data. By 2030, AI could drive more than half of all online data creation, likely creating opportunities for cloud providers.2

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.

1Gartner, Oct 2022
2Gartner, Apr 2023

Key Information As of 12/13/24

Inception Date 04/12/19
Total Expense Ratio 0.68%
Net Assets $372.31 million
NAV $25.12
Fact Sheet View the document

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 12/12/24

Ticker CLOU
Bloomberg Index Ticker ICLOU
CUSIP 37954Y442
ISIN US37954Y4420
Primary Exchange Nasdaq
Shares Outstanding 14,820,000
Number of Holdings 37
30-Day Median Bid-Ask Spread 0.04%

Distributions As of 12/13/24

30-Day SEC Yield -0.43%
Distribution Frequency Semi-Annually

ETF Prices As of 12/13/24

NAV $25.12 Daily Change -$0.44 -1.72%
Market Price $25.11 Daily Change -$0.43 -1.68%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Index
1 Year 9.29% 9.13% 10.01%
3 Years -10.56% -10.62% -9.98%
5 Years 7.39% 7.38% 8.07%
Since Inception 6.21% 6.26% 6.88%
1 Year 18.52% 18.58% 19.33%
3 Years -4.05% -4.12% -3.41%
5 Years 9.42% 9.43% 10.13%
Since Inception 9.46% 9.53% 10.16%
Year-to-Date -9.10% -9.31% -8.68%
1 Month 1.98% 1.88% 2.02%
3 Months 4.52% 4.53% 4.69%
Since Inception 39.10% 39.45% 43.94%
Year-to-Date 8.83% 8.69% 9.50%
1 Month 17.56% 17.57% 17.65%
3 Months 22.10% 22.11% 22.33%
Since Inception 66.54% 67.14% 72.60%

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.

Top Holdings As of 12/13/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.85 SHOP SHOPIFY INC - CLASS A BXDZ9Z0 114.63 157,438 18,047,117.94
4.83 SNOW SNOWFLAKE INC-CLASS A BN134B7 167.67 107,252 17,982,942.84
4.63 TWLO TWILIO INC - A BD6P5Q0 112.98 152,664 17,247,978.72
4.34 WIX WIX.COM LTD BFZCHN7 219.61 73,647 16,173,617.67
4.30 HUBS HUBSPOT INC BR4T3B3 721.86 22,192 16,019,517.12
4.09 QLYS QUALYS INC B7XJTN8 147.54 103,245 15,232,767.30
4.03 WK WORKIVA INC BSS6HY8 103.87 144,357 14,994,361.59
4.02 CRM SALESFORCE INC 2310525 354.31 42,220 14,958,968.20
3.97 NOW SERVICENOW INC B80NXX8 1,121.10 13,189 14,786,187.90
3.97 PCOR PROCORE TECHNOLOGIES INC BLH11J8 78.82 187,507 14,779,301.74
3.87 WDAY WORKDAY INC-CLASS A B8K6ZD1 273.67 52,616 14,399,420.72
3.86 SPSC SPS COMMERCE INC B57VWJ3 192.38 74,644 14,360,012.72
3.81 DBX DROPBOX INC-CLASS A BG0T321 29.77 476,236 14,177,545.72
3.71 PAYC PAYCOM SOFTWARE INC BL95MY0 234.50 58,882 13,807,829.00
3.71 ZM ZOOM COMMUNICATIONS INC BGSP7M9 83.79 164,739 13,803,480.81
3.68 AI C3.AI INC-A BMGNBJ2 39.46 346,906 13,688,910.76
3.63 ZS ZSCALER INC BZ00V34 198.54 68,097 13,519,978.38
3.43 DLR DIGITAL REALTY TRUST INC B03GQS4 185.04 69,047 12,776,456.88
3.38 BOX BOX INC - CLASS A BVB3BV2 32.49 387,621 12,593,806.29
3.25 AKAM AKAMAI TECHNOLOGIES INC 2507457 99.24 122,052 12,112,440.48
2.78 FRSH FRESHWORKS INC-CL A BPF0BB7 16.55 625,678 10,354,970.90
2.65 DOCN DIGITALOCEAN HOLDINGS INC BNC23Q1 38.13 258,553 9,858,625.89
2.38 FIVN FIVE9 INC BKY7X18 42.21 209,786 8,855,067.06
2.02 AMZN AMAZON.COM INC 2000019 227.46 33,020 7,510,729.20
1.82 MSFT MICROSOFT CORP 2588173 447.27 15,151 6,776,587.77
1.48 GOOGL ALPHABET INC-CL A BYVY8G0 189.82 28,927 5,490,923.14
1.23 SINCH SS SINCH AB BKP8Q11 1.93 2,370,708 4,572,540.58
1.09 FSLY FASTLY INC - CLASS A BJN4MY9 10.48 388,281 4,069,184.88
0.82 KC KINGSOFT CLO-ADR BM8R675 9.16 333,330 3,053,302.80
0.81 VMEO VIMEO INC BNDYF15 6.84 438,140 2,996,877.60
0.77 VNET VNET Group Inc B3Q0VS9 3.99 722,611 2,883,217.89
0.74 HSTM HEALTHSTREAM INC 2577870 32.34 85,142 2,753,492.28
0.63 YEXT YEXT INC BD8ZJW2 6.50 358,208 2,328,352.00
0.50 PUBM PUBMATIC INC-CLASS A BNHP503 16.30 115,209 1,877,906.70
0.28 IBM IBM 2005973 230.82 4,546 1,049,307.72
0.28 BABA ALIBABA GRP-ADR BP41ZD1 87.82 11,780 1,034,519.60
0.25 4716 JP ORACLE CORP JAPAN 6141680 96.37 9,574 922,607.54
0.12 CASH 1.00 463,317 463,316.87
0.00 OTHER PAYABLE & RECEIVABLES 1.00 -627 -627.40
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 11/30/24

Sector Weight (%)
Information Technology 90.3
Real Estate 3.7
Communication Services 3.0
Consumer Discretionary 2.2
Health Care 0.8

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Software & Services 90.3
Equity Real Estate Investment Trusts (REITs) 3.7
Consumer Discretionary Distribution & Retail 2.2
Media & Entertainment 1.8
Telecommunication Services 1.2
Health Care Equipment & Services 0.8

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 87.4
Canada 5.0
Israel 4.5
China 1.7
Sweden 1.2
Japan 0.3

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 12/12/24

Return on Equity 15.60%
Weighted Avg. Market Cap 166,061 M
2023 2024
Price-to-earnings 50.04 39.11
Price-to-book value 6.59 5.68

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/24

Versus Beta
S&P 500 1.10
NASDAQ-100 0.94
MSCI EAFE 0.79
MSCI Emg. Mkts 0.70
Standard Deviation 26.30%

Source: new windowAltaVista Research, LLC

ETF Research

View More Related Research

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.