CLOU


Cloud Computing ETF

Reasons to Consider CLOU

High Growth Potential

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

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.

1Amazon, Jul 2022

Key Information As of 09/22/23

Inception Date 04/12/19
Total Expense Ratio 0.68%
Net Assets $529.94 million
NAV $18.84
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 09/21/23

Ticker CLOU
Bloomberg Index Ticker ICLOU
CUSIP 37954Y442
ISIN US37954Y4420
Primary Exchange Nasdaq
Shares Outstanding 28,130,000
Number of Holdings 36
30-Day Median Bid-Ask Spread 0.05%

Distributions As of 09/22/23

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

ETF Prices As of 09/22/23

NAV $18.84 Daily Change $0.08 0.43%
Market Price $18.81 Daily Change $0.05 0.27%

Performance History

As of recent
(06/30/23)
As of recent
(06/30/23)
Fund NAV Market Price Index
1 Year 20.32% 20.32% 21.06%
3 Years -1.99% -2.01% -1.35%
Since Inception 7.20% 7.30% 7.87%
1 Year 21.11% 20.93% 21.91%
3 Years -5.11% -5.12% -4.49%
Since Inception 7.76% 7.82% 8.44%
Year-to-Date 23.69% 23.77% 24.06%
1 Month 7.13% 6.95% 7.15%
3 Months 8.18% 8.12% 8.34%
Since Inception 34.10% 34.64% 37.64%
Year-to-Date 28.05% 27.95% 28.62%
1 Month -3.39% -3.48% -3.33%
3 Months 10.91% 10.57% 11.08%
Since Inception 38.83% 39.18% 42.70%

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 09/22/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.93 ZS ZSCALER INC BZ00V34 151.71 205,930 31,241,640.30
4.85 QLYS QUALYS INC B7XJTN8 153.12 166,884 25,553,278.08
4.79 AKAM AKAMAI TECHNOLOGIES INC 2507457 107.55 234,577 25,228,756.35
4.70 DBX DROPBOX INC-CLASS A BG0T321 26.89 921,301 24,773,783.89
4.65 FRSH FRESHWORKS INC-CL A BPF0BB7 19.38 1,263,429 24,485,254.02
4.41 DLR DIGITAL REALTY TRUST INC B03GQS4 123.24 188,599 23,242,940.76
4.35 WDAY WORKDAY INC-CLASS A B8K6ZD1 230.82 99,219 22,901,729.58
4.10 WK WORKIVA INC BSS6HY8 102.42 210,833 21,593,515.86
4.10 WIX WIX.COM LTD BFZCHN7 89.97 239,866 21,580,744.02
4.07 NFLX NETFLIX INC 2857817 379.81 56,380 21,413,687.80
4.03 FIVN FIVE9 INC BKY7X18 66.29 319,956 21,209,883.24
4.00 TWLO TWILIO INC - A BD6P5Q0 59.29 355,719 21,090,579.51
3.92 SPSC SPS COMMERCE INC B57VWJ3 169.97 121,394 20,633,338.18
3.88 PCOR PROCORE TECHNOLOGIES INC BLH11J8 64.20 318,489 20,446,993.80
3.80 ZM ZOOM VIDEO COM-A BGSP7M9 68.85 290,436 19,996,518.60
3.68 CRM SALESFORCE INC 2310525 206.43 93,841 19,371,597.63
3.45 FSLY FASTLY INC - CLASS A BJN4MY9 18.50 983,112 18,187,572.00
3.18 SHOP SHOPIFY INC - CLASS A BXDZ9Z0 53.08 315,370 16,739,839.60
3.17 BOX BOX INC - CLASS A BVB3BV2 24.06 694,670 16,713,760.20
3.15 PAYC PAYCOM SOFTWARE INC BL95MY0 257.16 64,565 16,603,535.40
2.58 DOCN DIGITALOCEAN HOLDINGS INC BNC23Q1 24.22 561,948 13,610,380.56
2.32 SINCH SS SINCH AB BKP8Q11 1.85 6,605,558 12,220,786.30
2.13 AMZN AMAZON.COM INC 2000019 129.12 86,848 11,213,813.76
1.77 MSFT MICROSOFT CORP 2588173 317.01 29,456 9,337,846.56
1.60 GOOGL ALPHABET INC-CL A BYVY8G0 130.25 64,879 8,450,489.75
1.36 EVBG EVERBRIDGE INC BYY5ZB4 22.65 315,458 7,145,123.70
1.13 YEXT YEXT INC BD8ZJW2 6.23 956,702 5,960,253.46
0.97 HSTM HEALTHSTREAM INC 2577870 21.15 240,243 5,081,139.45
0.83 VMEO VIMEO INC BNDYF15 3.54 1,230,151 4,354,734.54
0.76 PUBM PUBMATIC INC-CLASS A BNHP503 11.72 341,151 3,998,289.72
0.68 VNET VNET Group Inc B3Q0VS9 3.19 1,116,902 3,562,917.38
0.48 BABA ALIBABA GRP-ADR BP41ZD1 88.30 28,876 2,549,750.80
0.31 DCREIT SP DIGITAL CORE REI BNYGMH5 0.53 3,113,225 1,650,009.25
0.31 IBM IBM 2005973 146.91 10,937 1,606,754.67
0.28 TWOU 2U INC BKWBZZ0 2.35 627,071 1,473,616.85
0.24 KC KINGSOFT CLO-ADR BM8R675 4.92 256,582 1,262,383.44
0.03 CASH 1.00 180,929 180,928.95
0.01 OTHER PAYABLE & RECEIVABLES 1.00 72,256 72,255.64
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 08/31/23

Sector Weight (%)
Information Technology 76.9
Communication Services 9.9
Consumer Discretionary 7.7
Real Estate 4.6
Health Care 0.9

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Packaged Software 40.2
Information Technology Services 22.5
Internet Software/Services 14.1
Internet Retail 7.0
Data Processing Services 5.3
Real Estate Investment Trusts 5.2
Financial Conglomerates 3.0
Specialty Telecommunications 2.7

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 88.1
Israel 4.1
Canada 3.7
Sweden 2.4
China 1.5
Singapore 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 09/21/23

Return on Equity 12.90%
Weighted Avg. Market Cap 130,894 M
2022 2023
Price-to-earnings 50.75 31.87
Price-to-book value 4.29 3.93

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 08/31/23

Versus Beta
S&P 500 0.96
NASDAQ-100 0.88
MSCI EAFE 0.74
MSCI Emg. Mkts 0.74
Standard Deviation 24.10%

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.