CLOUGlobal X Cloud Computing ETF

Grow my money7y track recordRanked #1,050 of 2,960 in this goal

Seeks to provide investment results that correspond to the price and yield performance of the Indxx Global Cloud Computing Index.

By Global X Funds · Launched 2019

Annual Cost

0.68%

#3,411 of 5,562 · average

Fund Size

$269M

#2,056 of 5,562 · mid-size

Return (1Y)Goal

-4.9%

Track Record

7 years

#1,893 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$9,573-4.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Sector

Information technology

Focus

Cloud & Data Infrastructure

Index tracked

Indxx Global Cloud Computing Index

What it actually holds

By weight

Concentration

Top 10 holdings = 42.4% of fundmoderately concentrated

AKAMAI TECHNOLOGIES, INC.

5.1%

DROPBOX, INC.

4.3%

WORKIVA INC.

4.3%

ZOOM COMMUNICATIONS, INC.

4.3%

TWILIO INC.

4.2%

SHOPIFY INC.

4.2%

PAYCOM SOFTWARE, INC.

4.1%

SALESFORCE, INC.

4.0%

WORKDAY, INC.

4.0%

Qualys Inc

4.0%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

90.7%

Communication

4.0%

Real Estate

3.2%

Consumer Cyclical

2.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

29.9%High

Year-on-year price swings

Max drawdown

-53.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.10Below average

Sortino (3Y)

0.14Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide investment results that correspond to the price and yield performance of the Indxx Global Cloud Computing Index.
Strategy: Invests primarily in securities of the Indxx Global Cloud Computing Index and ADRs/GDRs based on those securities. The Index targets companies benefiting from cloud computing adoption, requiring at least 50% of revenue from cloud activities. It includes firms in SaaS, PaaS, IaaS, and data center REITs. The Index is reconstituted semi-annually and weighted by modified capitalization, with a minimum market cap of $200 million for inclusion.
Inception date: April 12, 2019
Fund family: Global X Funds