Cloud computing is the delivery of on-demand computing services - including servers, storage, software, databases, networking, and analytics - over the internet (cloud). This can include software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS). Read the investment case for cloud computing.
The following are funds focused on cloud computing. They can be used to increase your portfolio’s exposure to the growing cloud industry.
Note: These are not recommendations, just investment ideas for further research.
|First Trust Cloud Computing||SKYY||0.60%||65||7/6/11|
|Tracks an index of companies involved in the cloud computing industry. Stocks are weighted by sub-group: infrastructure, platform and software.|
|Global X Cloud Computing||CLOU||0.68%||38||4/12/19|
|Seeks to invest in companies positioned to benefit from the increased adoption of cloud computing technology, including companies whose principal business is in offering computing Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), Infrastructure-as-a-Service (IaaS), managed server storage space and data center real estate investment trusts, and/or cloud and edge computing infrastructure and hardware.|
|Wedbush ETFMG Global Cloud Tech||IVES||0.68%||57||3/8/16|
|Tracks an index of global equities related to cloud technology companies that include providers of infrastructure, equipment, connectivity, data back-up, storage services, data center management providers of cloud-based software platforms that enable firms to become cloud-based or cloud-enabling Software-as-a-Service technologies.|
|WisdomTree Cloud Computing||WCLD||0.45%||52||9/4/19|
|Seeks to track the BVP Nasdaq Emerging Cloud Index, which is an equally weighted Index designed to measure the performance of emerging public companies focused on delivering cloud-based software to customers.|