CLOU

Global X Cloud Computing ETF

$23.24

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment 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.

Overview

ETF tracking Global X Cloud Computing ETF

Category International

Issuer Other

Inception Date 2019-04-16

Market Cap $306.3M

Average Volume N/A

Dividend Yield N/A

52-Week Range $18.31 - $26.34

VWAP $23.16

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in companies that are positioned to benefit from the increased adoption of cloud computing technology, including companies involved in infrastructure, platforms, and applications related to cloud computing.

✨ Key Features

Provides exposure to companies involved in the cloud computing industry globally
Diversified portfolio across cloud computing sub-sectors and market capitalizations
Passively managed to track the Indxx Global Cloud Computing Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on the cloud computing industry
Potential volatility due to the growth-oriented nature of the underlying companies
Currency risk for international holdings
Liquidity risk as the fund is relatively new and has low assets under management

👤 Best For

This ETF may be suitable for investors seeking exposure to the growing cloud computing industry as part of a diversified portfolio. It may be most appropriate for investors with a long-term investment horizon and a higher risk tolerance who are comfortable with the volatility associated with a thematic, growth-oriented fund.