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 | 6.12% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.81% |
| SAP | SAP SE | Technology | Software - Application | 4.74% |
| INTU | Intuit Inc | Technology | Software - Application | 4.70% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.40% |
| CRWD | Crowdstrike Holdings Inc | Technology | Software - Infrastructure | 4.34% |
| NOW | ServiceNow Inc | Technology | Software - Application | 4.31% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 4.26% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 4.20% |
| MSTR | MicroStrategy Incorporated | Technology | Software - Application | 4.14% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 4.11% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 3.75% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 3.65% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 3.40% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 3.24% |
| SNPS | Synopsys Inc | Technology | Software - Infrastructure | 3.15% |
| PRX | Prosus N.V. | Communication Services | Internet Content & Information | 2.67% |
| SNOW | Snowflake Inc. | Technology | Software - Application | 2.54% |
| FTNT | Fortinet Inc | Technology | Software - Infrastructure | 2.38% |
| ADSK | Autodesk Inc | Technology | Software - Application | 2.34% |