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 |
|---|---|---|---|---|
| SAP | SAP SE | Technology | Software - Application | 5.00% |
| NOW | ServiceNow Inc | Technology | Software - Application | 4.70% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 4.58% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.51% |
| INTU | Intuit Inc | Technology | Software - Application | 4.41% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 4.37% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 4.32% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 4.23% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 4.22% |
| CRWD | Crowdstrike Holdings Inc | Technology | Software - Infrastructure | 4.20% |
| MSTR | MicroStrategy Incorporated | Technology | Software - Application | 4.10% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.03% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 3.89% |
| APP | Applovin Corp | Technology | Software - Application | 3.49% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 3.39% |
| SNPS | Synopsys Inc | Technology | Software - Infrastructure | 2.99% |
| PRX | Prosus N.V. | Communication Services | Internet Content & Information | 2.51% |
| ADSK | Autodesk Inc | Technology | Software - Application | 2.47% |
| FTNT | Fortinet Inc | Technology | Software - Infrastructure | 2.44% |
| SNOW | Snowflake Inc. | Technology | Software - Application | 2.23% |