---
ticker: "CLOD"
name: "Themes Cloud Computing ETF"
url: "https://etf.net/etf/CLOD"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "Cloud & Software"
category_rank: "4 of 5"
methodology: "https://etf.net/methodology"
---

# CLOD: Themes Cloud Computing ETF

Grade **C**, Score 40 of 100. Rank 4 of 5 in Cloud & Software.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 87 | 1 of 5 |
| Mission | 93 | 1 of 2 |
| Risk | 43 | 4 of 5 |
| Tradability | 31 | 4 of 5 |
| Holdings | 51 | 4 of 5 |
| Durability | 31 | 5 of 5 |

## Top holdings

The fund holds 57 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | MSFT | Microsoft Corp | 5.46% |
| 2 | CRM | Salesforce Inc | 5.43% |
| 3 | SAP.DE | Sap SE | 5.34% |
| 4 | CRWD | Crowdstrike Holdings Inc | 5.33% |
| 5 | NOW | ServiceNow Inc | 4.92% |
| 6 | PANW | Palo Alto Networks Inc | 4.88% |
| 7 | AMZN | Amazon.com Inc | 4.12% |
| 8 | SNOW | Snowflake Inc | 4.08% |
| 9 | FTNT | Fortinet Inc | 4.01% |
| 10 | ORCL | Oracle Corp | 3.79% |
| 11 | GOOGL | Alphabet Inc | 3.77% |
| 12 | NET | Cloudflare Inc | 3.75% |
| 13 | CDNS | Cadence Design Systems Inc | 3.26% |
| 14 | SNPS | Synopsys Inc | 3.23% |
| 15 | ADBE | Adobe Inc | 3.22% |
| 16 | DDOG | Datadog Inc | 3.11% |
| 17 | MELI | MercadoLibre Inc | 3.02% |
| 18 | INTU | Intuit Inc | 2.74% |
| 19 | APP | AppLovin Corp | 2.02% |
| 20 | ADSK | Autodesk Inc | 1.68% |
| 21 | MSTR | Strategy Inc | 1.68% |
| 22 | PRX.AS | Prosus NV | 1.65% |
| 23 | NBIS | Nebius Group NV | 1.47% |
| 24 | TWLO | Twilio Inc | 1.35% |
| 25 | OKTA | Okta Inc | 1.32% |
| 26 | WDAY | Workday Inc | 1.25% |
| 27 | PAYX | Paychex Inc | 1.12% |
| 28 | TEAM | Atlassian Corp | 1.11% |
| 29 | MDB | MongoDB Inc | 1.01% |
| 30 | FFIV | F5 Inc | 0.91% |

Source: etf.net, https://etf.net/etf/CLOD. Please cite the page URL.