The Global X Cloud Computing ETF invests in an index of companies that stand to benefit from the increased adoption of cloud-based computing, including firms that provide cloud-based software, platforms and infrastructure.
Part of the Global X suite of niche thematic ETFs, the index methodology attempts to keep giants like Microsoft and Amazon from swamping the portfolio. To gain entry into the benchmark, companies must get at least half their revenue from these businesses. There’s an exception for firms that earn more than $500 million from cloud computing, but those stocks are limited to a combined 10 percent of the portfolio. CLOU’s top holdings include Zscaler, Akamai and Netflix.
At 68 basis points, the CLOU management fee is high for passive funds, but niche products aren’t designed to be core portfolio products for set-it-and-forget-it investors. Micro-sector funds are geared for medium-term tactical wagers of weeks or months.
There are plenty of cheaper technology ETFs for buy-and-hold investors looking for broad exposure to tech, such as State Street’s popular Technology Select Sector SPDR Fund (XLK) and the Vanguard Information Technology ETF (VGT). There are also funds devoted to a subset of tech, like the Invesco S&P SmallCap Information Technology ETF (PSCT) or the iShares Exponential Technologies ETF (XT), but none offer the same targeted exposure to cloud computing.
| Segment | Equity: Global Information Technology |
| Category | Sector |
| Focus | Information Technology |
| Niche | Broad-based |
| Strategy | Vanilla |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| CLOU | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 36 | 84 | 76 |
| % of Assets in Top 10 | 49.29% | 44.59% | 41.41% |
| % of Assets in Top 15 | 68.22% | 57.16% | 54.52% |
| % of Assets in Top 50 | 99.97% | 91.24% | 88.64% |
| CLOU | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 41.60% | 53.93% | 59.67% |
| Mid (>2.7B) | 49.08% | 20.78% | 22.20% |
| Small (>600M) | 6.73% | 13.12% | 6.17% |
| Micro (<600M) | 2.53% | 5.66% | 0.51% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| CLOU | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.01 | $ 0.13 | $ 0.09 |
| Dividend Date | 2019-12-30 | N/A | N/A |
| Annual Dividend Rate | N/A | $ 0.31 | $ 0.32 |
| Annual Dividend Yield | N/A | 0.28% | 0.53% |
View charts featuring CLOU price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -210.31 K 1 Month Net Flows: -6.47 M 3 Month Net Flows: -23.54 M 6 Month Net Flows: -89.64 M 1 Year Net Flows: -176.17 M 3 Year Net Flows: 98.43 M 5 Year Net Flows: 585.95 M 10 Year Net Flows: 585.95 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -37.82 MThe adjacent table gives investors an individual Realtime Rating for CLOU on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Technology Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers.
| CLOU |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -6.85% | -12.33% | -12.67% |
| 3 Month Return | -5.33% | -7.02% | -8.19% |
| YTD Return | -39.03% | -37.27% | -33.40% |
| 1 Year Return | -43.54% | -32.52% | -25.52% |
| 3 Year Return | 13.59% | 17.37% | 18.18% |
| 5 Year Return | N/A | 32.01% | 20.46% |
The following charts reflect the geographic spread of CLOU's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.93% |
| Other | 0.06% |
| Country | Percentage |
|---|---|
| United States | 89.64% |
| Israel | 4.84% |
| Canada | 3.35% |
| China | 2.1% |
| Other | 0.06% |
The following charts reflect the allocation of CLOU's underlying holdings.
| Sector | Percentage |
|---|---|
| Technology Services | 93.44% |
| Finance | 3.43% |
| Retail Trade | 3.06% |
| CASH | 0.06% |
| Market Cap | Percentage |
|---|---|
| Mid | 49.08% |
| Large | 41.6% |
| Small | 6.73% |
| Micro | 2.53% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 97.83% |
| American Depositary Receipt | 2.1% |
| CASH | 0.06% |
| Sector | Percentage |
|---|---|
| Technology Services | 93.44% |
| Finance | 3.43% |
| Retail Trade | 3.06% |
| CASH | 0.06% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 265.90% |
| 20 Day Volatility | 37.06% |
| 50 Day Volatility | 38.07% |
| 200 Day Volatility | 44.79% |
| Beta | 0.95 |
| Standard Deviation | 4.81% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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