Skip to content
etf.net

NCLD

The fund does not yet have enough measurable history for a letter. Young funds age in naturally as their record builds; nothing is wrong.NASDAQ

Roundhill Neocloud ETF

Themes · Roundhill Investments · Inception 2026-08-06

$24.98−0.32 (−1.25%)

As of Sep 23, 2026, 2:13 PM EDT

History starts Aug 6, 2026.History starts Aug 6, 2026.History starts Aug 6, 2026.
Intraday session: down, 57 prints from 25.30 to 24.98. Range 24.80 to 25.48. Use the arrow keys to read each point.$24.80$25.20$25.4010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$102M
1Y return
—
Yield · Last 12 months
—
Holdings
17
Volume · 30D
0.9M sh
NAV per share
$25.29
52W range
low $20.91high $28.10

NCLD Holdings

As of Sep 20, 2026, 5:42 AM
Asset class
Stocks
Holdings
17
Top-10 weight
112%
Largest holding
912797UJ436.4%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001912797UJ4United States Treasury Bill 10/08/202636.45%33,600,000$34M56
002N97284108 TRS 090927 NMNebius Group N.V. SWAP NM11.57%47,647$11M1
003NBISNebius Group NV10.58%43,546$10M185
004N97284108 TRS 090827 GSNEBIUS GROUP N.V.-SWAP-GOLD-L9.90%40,767$9M1
005IRENIREN Ltd8.83%174,048$8M95
00621873S108 TRS 090927 NMCoreWeave, Inc. SWAP NM8.53%96,463$8M1
007CRWVCoreWeave Inc8.02%90,736$7M242
00821873S108 TRS 090827 GSCOREWEAVE, INC.-SWAP-GOLD-L7.76%87,761$7M1
009HUTHUT 8 CORP5.96%55,514$5M106
010GLXYGalaxy Digital Inc4.69%174,914$4M105
011FGXXXFirst American Government Obligations Fund 12/01/20314.51%4,154,498$4M86
012RIOTRiot Platforms Inc4.01%155,410$4M118
013WULFTerawulf Inc3.97%214,998$4M102
014APLDApplied Digital Corp3.74%122,270$3M104
015CIFRCipher Digital Inc3.40%170,404$3M111

Showing 1–15 of 22 holdings

NCLD Performance

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

NCLD$10,896
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,125
Aug 21, 2026 to Sep 22, 2026. NCLD $10,896. SPY $10,125. Use the arrow keys to read each point.$9,018$10,207$11,396Aug 21Sep 4Sep 22

Aug 21, 2026 – 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 NCLD. Periods over one year show the average yearly return.
PeriodNCLD
Year to dateFund launched this year—
1 month+9.0%
3 monthsFund is under 3 months old—
1 yearFund is under 1 year old—
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 NCLD
YearReturn barNCLD
2026 YTD+13.0%

Since listing, Aug 6, 2026

NCLD in the news

NCLD 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.
—Last 12 months
Payout per share
—Last 12 months

Listed Aug 2026. No distributions yet.

NCLD Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Aug 2026; fills in after 12 months
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.
—
Launched Aug 2026; fills in after 12 months
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.
—
Launched Aug 2026; fills in after 12 months
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.
0.00
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.

NCLD Cost

Expense ratio0.65%
  • The middle half of AI Data Infrastructure funds
  • Median 0.65%

5 of the 12 AI Data Infrastructure funds charge less.

NCLD costs $65.00 a year on $10,000. The median AI Data Infrastructure fund costs $65.00.