NASDAQ | ETF
The index is designed to provide exposure to companies that have business operations in the field of cloud computing based in developed market countries.
The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 6.77% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 5.09% |
| INTU | Intuit Inc | Technology | Software - Application | 4.88% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 4.55% |
| SAP | SAP SE | Technology | Software - Application | 4.43% |
| SNPS | Synopsys Inc | Technology | Software - Infrastructure | 4.41% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 4.20% |
| CRWD | Crowdstrike Holdings Inc | Technology | Software - Infrastructure | 4.12% |
| NOW | ServiceNow Inc | Technology | Software - Application | 4.12% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.10% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 3.75% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 3.71% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 3.66% |
| MSTR | MicroStrategy Incorporated | Technology | Software - Application | 3.56% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 3.52% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 3.44% |
| PRX | Prosus N.V. | Communication Services | Internet Content & Information | 2.74% |
| SNOW | Snowflake Inc. | Technology | Software - Application | 2.47% |
| ADSK | Autodesk Inc | Technology | Software - Application | 2.39% |
| NET | Cloudflare Inc | Technology | Software - Infrastructure | 2.37% |