(CLOU) Cloud Computing - NASDAQ
ETF Category: Technology | Exchange: NASDAQ (USA) | Market Cap: 284m USD | Total Return: -2.4% in 12m
Avg Turnover: 4.97M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Global X Cloud Computing ETF (CLOU) tracks an index of exchange-listed companies strategically positioned to profit from the expansion of cloud computing services. The fund maintains a concentrated, non-diversified portfolio, investing a minimum of 80% of its assets in domestic and international equities, including ADRs and GDRs, that represent the core infrastructure and software of the sector.
The cloud computing business model primarily relies on the Software-as-a-Service (SaaS) framework, which generates recurring revenue through subscription-based access to remote applications. This sector eliminates the need for high upfront capital expenditures on local hardware by centralizing data processing and storage in large-scale distributed data centers.
To better understand how these subscription models impact long-term valuation, you may find it useful to examine the metrics on ValueRay.
- Enterprise migration to software-as-a-service models fuels recurring subscription revenue growth
- High interest rates increase capital costs for growth-oriented technology constituents
- Rapid artificial intelligence integration accelerates demand for scalable cloud infrastructure
- Cybersecurity spending increases drive valuation premiums for cloud-native protection services
- Global corporate IT budget shifts determine fund performance and volatility levels
As of June 11, 2026, the stock is trading at USD 22.87 with a total of 274,769 shares traded.
Over the past week, the price has changed by -7.37%,
over one month by +1.73%,
over three months by +16.03% and
over the past year by -2.39%.
Cloud Computing has no consensus analysts rating.