---
ticker: "FCLD"
name: "Fidelity Cloud Computing ETF"
url: "https://etf.net/etf/FCLD"
grade: "B"
score: 60
graded_at: "2026-10-12"
category: "Cloud & Software"
category_rank: "1 of 5"
methodology: "https://etf.net/methodology"
---

# FCLD: Fidelity Cloud Computing ETF

Grade **B**, Score 60 of 100. Rank 1 of 5 in Cloud & Software.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 71 | 2 of 5 |
| Mission | Not scored | — |
| Risk | 68 | 1 of 5 |
| Tradability | 31 | 4 of 5 |
| Holdings | 63 | 3 of 5 |
| Durability | 55 | 4 of 5 |

## Top holdings

The fund holds 61 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | MSFT | Microsoft Corp | 4.56% |
| 2 | DELL | Dell Technologies Inc Class C | 4.51% |
| 3 | SNDK | Sandisk Corporation | 4.31% |
| 4 | SNOW | Snowflake Inc | 4.06% |
| 5 | STX | Seagate Techn Holdings PLC | 4.04% |
| 6 | DDOG | Datadog Inc Class A | 4.00% |
| 7 | NOW | Servicenow Inc | 3.89% |
| 8 | CRM | Salesforce Inc | 3.78% |
| 9 | WDC | Western Digital Corp | 3.47% |
| 10 | P | Everpure Inc-A | 3.44% |
| 11 | EQIX | Equinix Inc | 3.33% |
| 12 | NTAP | Netapp Inc | 2.91% |
| 13 | TWLO | Twilio Inc Class A | 2.79% |
| 14 | APP | Applovin Corp | 2.70% |
| 15 | DLR | Digital Realty Trust Inc | 2.69% |
| 16 | TEAM | Atlassian Corp PLC Cls A | 2.30% |
| 17 | WDAY | Workday Inc Class A | 2.17% |
| 18 | MDB | Mongodb Inc Class A | 2.14% |
| 19 | DT | Dynatrace Inc | 2.00% |
| 20 | ZM | Zoom Communications Inc Class A | 1.99% |
| 21 | AMZN | Amazon.com Inc | 1.94% |
| 22 | NTNX | Nutanix Inc Class A | 1.91% |
| 23 | — | Securities Lending Cf | 1.90% |
| 24 | 2317.TW | Hon Hai Precision Ind Co Ltd | 1.86% |
| 25 | CRWV | Coreweave Inc | 1.86% |
| 26 | DOCN | Digitalocean Holdings Inc | 1.68% |
| 27 | DOCU | Docusign Inc | 1.64% |
| 28 | FROG | Jfrog Ltd | 1.52% |
| 29 | ESTC | Elastic NV | 1.41% |
| 30 | HUBS | Hubspot Inc | 1.40% |

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