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 |
|---|---|---|---|---|
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 6.30% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 5.74% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 5.37% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.64% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 4.57% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.40% |
| CRWD | Crowdstrike Holdings Inc | Technology | Software - Infrastructure | 4.34% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 4.07% |
| NOW | ServiceNow Inc | Technology | Software - Application | 4.05% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 4.00% |
| SAP | SAP SE | Technology | Software - Application | 3.93% |
| INTU | Intuit Inc | Technology | Software - Application | 3.86% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 3.71% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 3.17% |
| PRX | Prosus N.V. | Communication Services | Internet Content & Information | 3.15% |
| SNPS | Synopsys Inc | Technology | Software - Infrastructure | 2.99% |
| MSTR | MicroStrategy Incorporated | Technology | Software - Application | 2.84% |
| SNOW | Snowflake Inc. | Technology | Software - Application | 2.80% |
| NET | Cloudflare Inc | Technology | Software - Infrastructure | 2.42% |
| ADSK | Autodesk Inc | Technology | Software - Application | 2.37% |