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 07/15/24

Inception Date 04/12/19
Total Expense Ratio 0.68%
Net Assets $416.86 million
NAV $20.12
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 07/12/24

Ticker CLOU
Bloomberg Index Ticker ICLOU
CUSIP 37954Y442
ISIN US37954Y4420
Primary Exchange Nasdaq
Shares Outstanding 20,720,000
Number of Holdings 35
30-Day Median Bid-Ask Spread 0.05%

Distributions As of 07/15/24

30-Day SEC Yield -0.41%
Distribution Frequency Semi-Annually

ETF Prices As of 07/15/24

NAV $20.12 Daily Change $0.14 0.70%
Market Price $20.12 Daily Change $0.14 0.70%

Performance History

As of recent month & quarter-end (06/30/24)
As of recent month & quarter-end (06/30/24)
Fund NAV Market Price Index
1 Year -0.76% -0.91% -0.11%
3 Years -11.14% -11.18% -10.56%
5 Years 4.81% 4.77% 5.47%
Since Inception 5.63% 5.68% 6.29%
1 Year -0.76% -0.91% -0.11%
3 Years -11.14% -11.18% -10.56%
5 Years 4.81% 4.77% 5.47%
Since Inception 5.63% 5.68% 6.29%
Year-to-Date -13.03% -13.24% -12.77%
1 Month 0.87% 0.82% 0.92%
3 Months -9.68% -9.61% -9.56%
Since Inception 33.09% 33.41% 37.50%
Year-to-Date -13.03% -13.24% -12.77%
1 Month 0.87% 0.82% 0.92%
3 Months -9.68% -9.61% -9.56%
Since Inception 33.09% 33.41% 37.50%

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 07/15/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.67 WIX WIX.COM LTD BFZCHN7 165.63 142,689 23,633,579.07
4.74 ZS ZSCALER INC BZ00V34 204.47 96,689 19,769,999.83
4.66 DLR DIGITAL REALTY TRUST INC B03GQS4 159.50 121,678 19,407,641.00
4.56 SPSC SPS COMMERCE INC B57VWJ3 202.72 93,672 18,989,187.84
4.52 AI C3.AI INC-A BMGNBJ2 30.58 616,059 18,839,084.22
4.11 BOX BOX INC - CLASS A BVB3BV2 26.34 650,645 17,137,989.30
4.07 PCOR PROCORE TECHNOLOGIES INC BLH11J8 68.88 246,317 16,966,314.96
3.95 AKAM AKAMAI TECHNOLOGIES INC 2507457 96.26 170,951 16,455,743.26
3.93 DBX DROPBOX INC-CLASS A BG0T321 22.65 722,875 16,373,118.75
3.87 TWLO TWILIO INC - A BD6P5Q0 58.20 277,177 16,131,701.40
3.83 PAYC PAYCOM SOFTWARE INC BL95MY0 156.11 102,285 15,967,711.35
3.82 WK WORKIVA INC BSS6HY8 74.69 213,038 15,911,808.22
3.81 DOCN DIGITALOCEAN HOLDINGS INC BNC23Q1 33.62 471,817 15,862,487.54
3.80 CRM SALESFORCE INC 2310525 252.86 62,670 15,846,736.20
3.80 ZM ZOOM VIDEO COM-A BGSP7M9 58.33 271,408 15,829,871.60
3.79 WDAY WORKDAY INC-CLASS A B8K6ZD1 232.47 67,972 15,801,450.84
3.67 FRSH FRESHWORKS INC-CL A BPF0BB7 13.41 1,141,181 15,303,237.21
3.65 SHOP SHOPIFY INC - CLASS A BXDZ9Z0 64.21 236,839 15,207,432.19
3.52 QLYS QUALYS INC B7XJTN8 142.73 102,708 14,659,512.84
3.47 SNOW SNOWFLAKE INC-CLASS A BN134B7 133.72 108,086 14,453,259.92
3.18 FIVN FIVE9 INC BKY7X18 44.07 300,545 13,245,018.15
2.33 MSFT MICROSOFT CORP 2588173 453.96 21,430 9,728,362.80
2.31 SINCH SS SINCH AB BKP8Q11 2.20 4,376,941 9,647,609.76
2.13 AMZN AMAZON.COM INC 2000019 192.72 46,140 8,892,100.80
1.87 GOOGL ALPHABET INC-CL A BYVY8G0 186.53 41,819 7,800,498.07
1.29 FSLY FASTLY INC - CLASS A BJN4MY9 7.59 708,837 5,380,072.83
1.09 PUBM PUBMATIC INC-CLASS A BNHP503 21.18 215,375 4,561,642.50
1.09 HSTM HEALTHSTREAM INC 2577870 28.74 157,657 4,531,062.18
0.81 YEXT YEXT INC BD8ZJW2 5.14 652,917 3,355,993.38
0.72 VMEO VIMEO INC BNDYF15 3.64 821,927 2,991,814.28
0.68 VNET VNET Group Inc B3Q0VS9 2.17 1,306,021 2,834,065.57
0.34 BABA ALIBABA GRP-ADR BP41ZD1 78.01 18,113 1,412,995.13
0.34 IBM IBM 2005973 182.88 7,697 1,407,627.36
0.31 DCREIT SP DIGITAL CORE REI BNYGMH5 0.63 2,073,325 1,295,828.13
0.23 KC KINGSOFT CLO-ADR BM8R675 2.70 361,912 977,162.40
0.08 CASH 1.00 341,855 341,855.37
-0.02 OTHER PAYABLE & RECEIVABLES 1.00 -87,457 -87,457.07
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 06/30/24

Sector Weight (%)
Information Technology 78.5
Communication Services 6.2
Consumer Discretionary 6.0
Real Estate 4.8
Industrials 3.5
Health Care 1.1

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Technology 88.3
Media 4.0
Professional Services 3.9
Retail 2.4
Health Care 1.2
Real Estate 0.3

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 86.7
Israel 5.5
Canada 3.8
Sweden 2.6
China 1.2
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 07/12/24

Return on Equity 13.90%
Weighted Avg. Market Cap 190,752 M
2023 2024
Price-to-earnings 35.20 29.59
Price-to-book value 4.40 3.86

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 06/30/24

Versus Beta
S&P 500 1.06
NASDAQ-100 0.92
MSCI EAFE 0.92
MSCI Emg. Mkts 0.80
Standard Deviation 25.60%

Source: new windowAltaVista Research, LLC

ETF Research

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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.