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Launched

Roundhill Neocloud ETF

NCLDNasdaqRoundhill InvestmentsC

$14.02−1.21 (−7.94%)

At close: Nov 2, 2026, 4:00 PM ET

C46/ 100

Rank 6 of 13 in AI Data Infrastructure

C46/100Rank 6 of 13inAI Data Infrastructure
Intraday session: down, 79 prints from 15.23 to 14.02. Range 13.95 to 15.21. Use the arrow keys to read each point.14.2514.5014.7515.0010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$84M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
22
Avg volume · 30D
1.09M sh
52W range
low $13.93high $28.10
Launched

The ETF.net NCLD Grade

Based on 5 of 6 pillars

C

Score 46 out of 100

Category
AI Data Infrastructure⁠
Rank
6 of 13
Six-pillar profile for NCLD. Scores out of 100: Cost 53, Risk 14, Mission not scored, Tradability 79, Holdings 21, Durability 62. Strongest: Tradability (79). Weakest: Risk (14). Based on 5 of 6 pillars.

Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C53 out of 100
    Rank 5 of 13

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F14 out of 100
    Rank 9 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A79 out of 100
    Rank 2 of 13

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F21 out of 100
    Rank 10 of 10

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B62 out of 100
    Rank 5 of 13

NCLD Holdings

Holdings pillarF21 out of 100Rank 10 of 10 in AI Data Infrastructure
Asset class
Stocks
Holdings
22
Top-10 weight
136%
Largest holding
912797VA253.2%

Sectors

  • Financials48.1%
  • Technology32.5%
  • Communication19.4%

Geography

  • United States87.80%
  • Australia12.20%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1912797VA2United States Treasury Bill 12/03/202653.25%49,000,000$48.8M53
2No dataNebius Group N.V. SWAP NM14.82%88,192$13.6M1
3No dataCoreWeave, Inc. SWAP NM10.82%180,810$9.92M1
4FGXXXFirst American Government Obligations Fund 12/01/203110.39%9,529,695$9.53M87
5NBISNebius Group NV9.84%58,546$9.02M189
6No dataNebius Group N.v.-Swap-Gold-L9.64%57,349$8.84M1
7No dataCoreweave, Inc.-Swap-Gold-L7.32%122,288$6.71M1
8CRWVCoreWeave Inc7.29%121,830$6.68M236
9IRENIREN Ltd7.12%272,802$6.53M96
10HUTHut 8 Corp5.63%86,906$5.16M104
11GLXYGalaxy Digital Inc4.78%274,104$4.39M108
12WULFTerawulf Inc4.31%336,860$3.95M100
13APLDApplied Digital Corp3.72%191,594$3.41M105
14RIOTRiot Platforms Inc3.40%243,482$3.12M117
15CORZCore Scientific Inc3.28%227,111$3.01M95

Showing 1–15 of 22 holdings

NCLD Performance

Launched Aug 6, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
NCLD$5,822
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,772
Oct 2, 2026 to Nov 2, 2026. NCLD $5,822. SPY $9,772. Use the arrow keys to read each point.$6,000$8,000$10,000Oct 2Oct 16Nov 2

Oct 2, 2026 – Nov 2, 2026

Returns run to the Nov 2, 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 yearNo data
1 month−41.8%
3 monthsFund is under 3 months oldNo data
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−37.4%

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 Nov 2, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Aug 2026. No distributions yet.

NCLD Risk

Risk pillarF14 out of 100Rank 9 of 9 in AI Data Infrastructure
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.

FMP measures it over up to five years of monthly returns.

NCLD Cost

Compare NCLD and WTAI

Overpaying vs WTAI, cheapest in AI Data Infrastructure

$3,676

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NCLD 0.65%

    $12,717

  • WTAI 0.45% Cheapest

    $9,041

$10,000
30 years

Cost over time

  • NCLD 0.65%
  • WTAI 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NCLD $12,717WTAI $9,041

Year by year

YearNCLDWTAIOverpaying
10$1,163$812$351
20$4,440$3,128$1,312
30$12,717$9,041$3,676

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