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 |
|---|---|---|---|---|
| INTU | Intuit Inc | Technology | Software - Application | 4.91% |
| SAP | SAP SE | Technology | Software - Application | 4.89% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 4.70% |
| NOW | ServiceNow Inc | Technology | Software - Application | 4.66% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 4.57% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.54% |
| CRWD | Crowdstrike Holdings Inc | Technology | Software - Infrastructure | 4.49% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 4.31% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 4.23% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.14% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 4.07% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 3.95% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 3.77% |
| MSTR | MicroStrategy Incorporated | Technology | Software - Application | 3.51% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 3.07% |
| SNPS | Synopsys Inc | Technology | Software - Infrastructure | 2.75% |
| SNOW | Snowflake Inc. | Technology | Software - Application | 2.57% |
| PRX | Prosus N.V. | Communication Services | Internet Content & Information | 2.54% |
| FTNT | Fortinet Inc | Technology | Software - Infrastructure | 2.44% |
| ADSK | Autodesk Inc | Technology | Software - Application | 2.41% |