
CLOD seeks to track an index providing exposure to companies in cloud computing across developed markets. The index starts from a universe of small-, mid-, and large-cap companies that may be classified within defined sub-industries of the cloud computing industry. Security selection is based on the free float market capitalization of all eligible securities with firms ranking at the top of each sub-industry chosen. Twenty companies from internet infrastructure software and data support software, 10 each from digital security software, data infrastructure software, and data architecture software industries, and 3 from e-commerce infrastructure software are considered. The top 50 securities by market-cap are selected for the index. Constituents are also weighted according to their free float market capitalization with a 4.5% cap placed on individual securities. This is to ensure diversification and to limit overconcentration. CLOD is rebalanced quarterly.
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| PANW | Palo Alto Networks Inc | 7.37% | $181.94K |
| CRWD | Crowdstrike Holdings Inc | 6.98% | $172.36K |
| APP | AppLovin Corp | 4.89% | $120.70K |
| NOW | ServiceNow Inc | 4.15% | $102.37K |
| GOOGL | Alphabet Inc | 4.13% | $101.85K |
| CDNS | Cadence Design Systems Inc | 4.12% | $101.75K |
| ORCL | Oracle Corp | 3.98% | $98.26K |
| FTNT | Fortinet Inc | 3.88% | $95.74K |
| AMZN | Amazon.com Inc | 3.82% | $94.38K |
| MSFT | Microsoft Corp | 3.70% | $91.41K |
| SAP.DE | SAP SE | 3.56% | $87.89K |
| CRM | Salesforce Inc | 3.43% | $84.65K |
| SNPS | Synopsys Inc | 3.39% | $83.64K |
| SNOW | Snowflake Inc | 3.37% | $83.04K |
| ADBE | Adobe Inc | 3.30% | $81.33K |
| MELI | MercadoLibre Inc | 3.21% | $79.11K |
| DDOG | Datadog Inc | 3.17% | $78.30K |
| NET | Cloudflare Inc | 3.08% | $76.05K |
| INTU | Intuit Inc | 2.75% | $67.93K |
| NBIS | Nebius Group NV | 2.15% | $53.01K |
| PRX.AS | Prosus NV | 2.15% | $52.98K |
| ADSK | Autodesk Inc | 1.66% | $41.00K |
| PAYX | Paychex Inc | 1.31% | $32.24K |
| MSTR | Strategy Inc | 1.21% | $29.75K |
| TWLO | Twilio Inc | 1.12% | $27.63K |