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 |
|---|---|---|---|---|
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 7.03% |
| CRWD | Crowdstrike Holdings Inc | Technology | Software - Infrastructure | 6.77% |
| NOW | ServiceNow Inc | Technology | Software - Application | 4.55% |
| SAP | SAP SE | Technology | Software - Application | 4.11% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 4.07% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 3.95% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 3.92% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 3.91% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 3.86% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 3.78% |
| FTNT | Fortinet Inc | Technology | Software - Infrastructure | 3.71% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 3.65% |
| SNOW | Snowflake Inc. | Technology | Software - Application | 3.59% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 3.49% |
| NET | Cloudflare Inc | Technology | Software - Infrastructure | 3.31% |
| INTU | Intuit Inc | Technology | Software - Application | 3.23% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 3.20% |
| DDOG | Datadog Inc | Technology | Software - Application | 3.18% |
| SNPS | Synopsys Inc | Technology | Software - Infrastructure | 2.90% |
| PRX | Prosus N.V. | Consumer Cyclical | Internet Retail | 2.13% |