Cloud Computing Funds
We're not talking about staring at clouds in the sky, trying to compute their size and meaning in the universe. Rather, these mutual funds and ETFs focus on companies whose products and services are connected with cloud computing: the provision of computing services (software, databases, and so on) over a network (like the Internet) rather than on localized devices (such as physical servers inside a company’s headquarters).
|
Name
|
Medalist Rating
Overall
|
Total Return
1 Year
|
Total Return
3 Year
|
Morningstar Return Rating
Overall
|
Morningstar Risk Rating
Overall
|
Adjusted Expense Ratio
|
Fund Size
| |
|---|---|---|---|---|---|---|---|---|
| Amplify Bloomberg AI Equal Weight ETF
AIVC
| 81.51% | 48.55% | Average | Above Average | 0.590% | $138.03M | ||
| Fidelity Cloud Computing ETF
FCLD
| 52.52% | 33.10% | Above Average | Above Average | 0.390% | $149.96M | ||
| First Trust Cloud Computing ETF
SKYY
| — | 21.95% | 29.23% | Average | Average | 0.600% | $3.33B | |
| Global X Cloud Computing ETF
CLOU
| 22.15% | 14.76% | Below Average | Average | 0.680% | $375.36M | ||
| Themes Cloud Computing ETF
CLOD
| 0.05% | — | — | — | 0.350% | $2.11M | ||
| WisdomTree Cloud Computing Fund
WCLD
| 15.46% | 11.03% | Low | Average | 0.450% | $288.42M |