CLOU


Cloud Computing ETF

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 11/28/22

Inception Date 04/12/19
Total Expense Ratio 0.68%
Net Assets $565.72 million
NAV $16.01
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 11/28/22

Ticker CLOU
Bloomberg Index Ticker ICLOU
CUSIP 37954Y442
ISIN US37954Y4420
Primary Exchange Nasdaq
Shares Outstanding 35,330,000
Number of Holdings 36
30-Day Median Bid-Ask Spread 0.06%

Distributions As of 11/28/22

30-Day SEC Yield -0.44%
Distribution Frequency Semi-Annually

ETF Prices As of 11/28/22

NAV $16.01 Daily Change -$0.19 -1.17%
Market Price $16.01 Daily Change -$0.22 -1.36%

Performance History

As of recent
(09/30/22)
As of recent
(09/30/22)
Fund NAV Market Price Index
1 Year -44.59% -44.54% -44.22%
3 Years 3.42% 3.51% 4.08%
Since Inception 2.17% 2.33% 2.81%
1 Year -46.49% -46.49% -46.14%
3 Years 4.56% 4.60% 5.22%
Since Inception 3.34% 3.48% 3.97%
Year-to-Date -39.89% -39.80% -39.58%
1 Month -6.01% -5.90% -5.95%
3 Months -3.34% -3.21% -3.18%
Since Inception 7.74% 8.31% 10.08%
Year-to-Date -37.29% -37.23% -36.96%
1 Month 4.33% 4.26% 4.34%
3 Months -4.32% -4.26% -4.20%
Since Inception 12.40% 12.92% 14.86%

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 11/28/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.88 COUP COUPA SOFTWARE INC BD87XR1 61.31 450,202 27,601,884.62
4.36 FIVN FIVE9 INC BKY7X18 60.82 405,490 24,661,901.80
4.32 DLR DIGITAL REALTY TRUST INC B03GQS4 107.48 227,597 24,462,125.56
4.31 SHOP SHOPIFY INC - CLASS A BXDZ9Z0 38.03 640,465 24,356,883.95
4.23 WK WORKIVA INC BSS6HY8 76.83 311,781 23,954,134.23
4.20 SPSC SPS COMMERCE INC B57VWJ3 132.91 178,645 23,743,706.95
4.20 AKAM AKAMAI TECHNOLOGIES INC 2507457 91.55 259,238 23,733,238.90
4.19 QLYS QUALYS INC B7XJTN8 123.17 192,300 23,685,591.00
4.15 DBX DROPBOX INC-CLASS A BG0T321 22.21 1,057,721 23,491,983.41
4.01 CRM SALESFORCE INC 2310525 153.69 147,666 22,694,787.54
4.00 WIX WIX.COM LTD BFZCHN7 84.08 269,007 22,618,108.56
3.99 NFLX NETFLIX INC 2857817 281.17 80,303 22,578,794.51
3.98 ZS ZSCALER INC BZ00V34 136.72 164,854 22,538,838.88
3.96 WDAY WORKDAY INC-CLASS A B8K6ZD1 145.25 154,094 22,382,153.50
3.89 SINCH SS SINCH AB BKP8Q11 3.33 6,596,256 21,979,759.23
3.85 BOX BOX INC - CLASS A BVB3BV2 27.67 786,916 21,773,965.72
3.81 PAYC PAYCOM SOFTWARE INC BL95MY0 325.23 66,209 21,533,153.07
3.49 ZM ZOOM VIDEO COM-A BGSP7M9 71.59 275,661 19,734,570.99
3.34 DOCN DIGITALOCEAN HOLDINGS INC BNC23Q1 27.75 680,620 18,887,205.00
3.17 FRSH FRESHWORKS INC-CL A BPF0BB7 14.28 1,256,764 17,946,589.92
2.72 TWLO TWILIO INC - A BD6P5Q0 46.77 329,482 15,409,873.14
2.15 MSFT MICROSOFT CORP 2588173 241.76 50,247 12,147,714.72
2.00 AMZN AMAZON.COM INC 2000019 93.95 120,530 11,323,793.50
1.83 EVBG EVERBRIDGE INC BYY5ZB4 30.32 341,047 10,340,545.04
1.71 GOOGL ALPHABET INC-CL A BYVY8G0 96.05 100,787 9,680,591.35
1.62 FSLY FASTLY INC - CLASS A BJN4MY9 8.72 1,053,742 9,188,630.24
1.15 HSTM HEALTHSTREAM INC 2577870 24.71 263,831 6,519,264.01
1.02 YEXT YEXT INC BD8ZJW2 5.42 1,064,528 5,769,741.76
1.01 VNET VNET Group Inc B3Q0VS9 4.63 1,233,121 5,709,350.23
0.98 PUBM PUBMATIC INC-CLASS A BNHP503 15.03 368,037 5,531,596.11
0.94 VMEO VIMEO INC BNDYF15 3.94 1,353,776 5,333,877.44
0.90 TWOU 2U INC BKWBZZ0 7.57 672,032 5,087,282.24
0.59 BABA ALIBABA GRP-ADR BP41ZD1 75.88 44,285 3,360,345.80
0.40 IBM IBM 2005973 146.18 15,335 2,241,670.30
0.32 DCREIT SP DIGITAL CORE REI BNYGMH5 0.60 3,047,405 1,813,205.98
0.26 KC KINGSOFT CLO-ADR BM8R675 2.36 613,154 1,447,043.44
0.08 CASH 1.00 455,633 455,633.45
Holdings are subject to change.

Sector Breakdown As of 10/31/22

Sector Weight (%)
Information Technology 80.6
Communication Services 10.9
Consumer Discretionary 5.2
Real Estate 3.3

Source: AltaVista Research, LLC

Country Breakdown As of 10/31/22

Country Weight (%)
United States 89.1
Israel 5.4
Canada 3.9
China 1.6

Source: AltaVista Research, LLC

ETF Characteristics As of 11/28/22

Return on Equity 10.50%
Weighted Avg. Market Cap 104,985 M
2021 2022
Price-to-earnings 38.64 45.33
Price-to-book value 5.02 4.56

Source: AltaVista Research, LLC

ETF Risk Stats As of 10/31/22

Versus Beta
S&P 500 0.99
MSCI EAFE 0.92
MSCI Emg. Mkts 0.81
Standard Deviation 27.10%

Source: AltaVista 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.

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