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 | 6.09% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 5.17% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 5.11% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.78% |
| INTU | Intuit Inc | Technology | Software - Application | 4.73% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 4.61% |
| CRWD | Crowdstrike Holdings Inc | Technology | Software - Infrastructure | 4.58% |
| NOW | ServiceNow Inc | Technology | Software - Application | 4.45% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.44% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 4.25% |
| SAP | SAP SE | Technology | Software - Application | 4.20% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 3.63% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 3.53% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 3.30% |
| SNPS | Synopsys Inc | Technology | Software - Infrastructure | 3.11% |
| PRX | Prosus N.V. | Consumer Cyclical | Internet Retail | 2.75% |
| SNOW | Snowflake Inc. | Technology | Software - Application | 2.62% |
| ADSK | Autodesk Inc | Technology | Software - Application | 2.30% |
| NET | Cloudflare Inc | Technology | Software - Infrastructure | 2.28% |
| FTNT | Fortinet Inc | Technology | Software - Infrastructure | 1.85% |