CLOU Global X Cloud Computing ETF
CLOU Fund Description
The Global X Cloud Computing ETF ("Fund") 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 ("Underlying Index").
CLOU Factset Analytics Insight
CLOU offers equity exposure to cloud computing firms. It holds firms that license and deliver software over the internet by subscription, provide a platform to create software via internet, provide virtualized computing via internet, own or manage data centers or make or distribute related hardware. Firms must have revenue of at least 50% from these activities to make the cut. The index also allows any firm that earns more than $500M from such actions, regardless of revenue percentage. Aggregate exposure to such firms is capped at 10%. The index selects firms across the cap spectrum and in developed and emerging markets. It applies no additional filters beyond those defining the space. Stocks are cap-weighted.
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CLOU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CLOU. CLOU is rated a 5 out of 5.
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