Skip to content
etf.net

CLOD

GradeCNASDAQ

Themes Cloud Computing ETF

Themes · Themes · Inception 2023-12-15

$35.68+0.13 (+0.36%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Dec 15, 2023.
Intraday session: up, 59 prints from 35.55 to 35.68. Range 35.37 to 35.79. Use the arrow keys to read each point.$35.40$35.50$35.60$35.8010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$2M
1Y return
−1.4%
Yield · Last 12 months
Data unavailable
Holdings
51
Volume · 30D
0M sh
NAV per share
$34.66
52W range
low $24.72high $36.31

The ETF.net CLOD Grade

C

40/ 100

Rank 4 of 5 in Cloud & Software⁠

Confidence Medium

Six-pillar profile for CLOD. Scores out of 100: Cost 87, Risk 43, Mission 92, Tradability 31, Holdings 50, Durability 31. Strongest: Mission (92). Weakest: Durability (31). Leans toward Mission and Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned59This cap took−19Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 87
    Category rank1/5 · top 20%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 92
    Category rank1/2 · top 50%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 43
    Category rank4/5 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 31
    Category rank4/5 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 50
    Category rank4/5 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 31
    Category rank5/5 · bottom quartile

Graded as of Sep 22, 2026

Our read on CLOD

ETF.net Research

CCloud computing, stripped down to the cheap version: about 50 names from the Solactive Cloud Computing Index for 0.35% a year. The trade-off is scale, since this is a small, thinly traded fund next to the category's veterans.

Stated mandate

The fund passively seeks to track, before fees and expenses, an index of companies operating in cloud computing. It generally invests at least 80% of its assets in index constituents or related ADRs and GDRs.

Why people hold it

  1. 01At 0.35% a year it prices below the typical cloud ETF, and under bigger rivals like SKYY and WCLD for broadly similar shelf space.themesetfs.com
  2. 02No stock-picking drama. It passively tracks the Solactive Cloud Computing Index and keeps at least 80% of assets in that basket or related depositary receipts.themesetfs.com
  3. 03It has stayed close to the index it advertises, which is the entire job description for a passive fund.

Worth knowing

  1. 01A small asset base and light trading mean wider spreads than the category heavyweights. Some of the fee savings can come back out at the trade.
  2. 02Launched December 2023, so the track record is short beside the long-standing cloud funds.
  3. 03About 50 developed-market stocks in one theme. It moves with enterprise software sentiment, not the broad market.

CLOD Holdings

As of Sep 20, 2026, 5:42 AM
Asset class
Stocks
Holdings
51
Top-10 weight
48%
Largest holding
CRM5.8%

Sectors

  • Technology82.9%
  • Consumer Discr.9.2%
  • Communication7.5%
  • Financials0.3%
  • Industrials0.1%

Geography

  • United States86.35%
  • Germany5.49%
  • Netherlands3.46%
  • Uruguay3.03%
  • Australia1.09%
  • France0.57%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CRMSalesforce Inc5.82%509$121K457
002SAP.DESAP SE5.45%539$113K163
003MSFTMicrosoft Corp5.25%221$109K792
004CRWDCrowdstrike Holdings Inc5.07%444$106K454
005NOWServiceNow Inc5.00%768$104K426
006PANWPalo Alto Networks Inc4.63%265$96K486
007ORCLOracle Corp4.29%604$89K448
008AMZNAmazon.com Inc4.25%348$88K720
009SNOWSnowflake Inc3.96%248$82K321
010GOOGLAlphabet Inc3.93%234$82K704
011FTNTFortinet Inc3.72%455$77K465
012NETCloudflare Inc3.64%234$76K273
013ADBEAdobe Inc3.54%296$74K475
014MELIMercadoLibre Inc3.01%35$63K225
015INTUIntuit Inc2.86%196$59K457

Showing 1–15 of 56 holdings

CLOD Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CLOD$9,857
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CLOD $9,857. SPY $11,723. Use the arrow keys to read each point.$6,536$9,342$12,149Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CLOD. Periods over one year show the average yearly return.
PeriodCLOD
Year to date+9.3%
1 month+3.8%
3 months+19.5%
1 year−1.4%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CLOD
YearReturn barCLOD
2026 YTD+9.3%
2025+7.5%
2024+21.0%
2023+0.4%

Since listing, Dec 15, 2023

CLOD in the news

ETF.net Research hasn’t filed on CLOD yet — coverage lands here as it’s written.

CLOD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.48 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 18, 2025 $0.48. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 18, 2025Dec 19, 2025$0.48

CLOD Risk

How much the fund’s monthly returns vary, scaled to a year.
24.5%
Annualised · 32 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.50
vs 3-month T-bills · 32 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−31.4%
33 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.15
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CLOD Cost

Expense ratio0.35%
  • The middle half of Cloud & Software funds
  • Median 0.45%

No Cloud & Software fund charges less.

CLOD costs $35.00 a year on $10,000. The median Cloud & Software fund costs $45.00.