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DTCR vs NCLD

Global X Data Center & Digital Infrastructure ETF

DTCRANasdaq

Roundhill Neocloud ETF

NCLDCNasdaq

Overlap

3.2%by weight

Expense ratio

DTCR −0.15pt a year

DTCR0.50%NCLD0.65%

Avg volume · 30D

NCLD 1.2×the volume

DTCR941KNCLD1.09M

DTCR vs NCLD Performance

Oct 2, 2026 – Nov 2, 2026

−8.6%DTCR−41.8%NCLD

Oct 2, 2026 to Nov 2, 2026. DTCR −8.6%. NCLD −41.8%. Use the arrow keys to read each point.−30%−20%0%Oct 2Oct 16Nov 2
Expense ratio
DTCR 0.50%, better
NCLD 0.65%
Fund size
DTCR $1.9B
NCLD $84M
1Y total return
DTCR +12.6%
NCLD No data
Yield (12M)
DTCR 0.99%
NCLD No data
Holdings
DTCR 26
NCLD 22
Avg volume (30D)
DTCR 941K sh
NCLD 1.09M sh, better
NAV per share
DTCR $25.61
NCLD $14.02
52W range

ETF.net Grade

DTCR: Cost 82, Risk 79, Mission not scored, Tradability 77, Holdings 38, Durability 95. NCLD: Cost 53, Risk 14, Mission not scored, Tradability 79, Holdings 21, Durability 62.
Pillar letters and Scores for DTCR, NCLD, with each pillar’s weight
PillarDTCRNCLD
Cost30% weightA82HigherC53
Mission25% weightNot scoredNot scored
Risk15% weightA79HigherF14
Tradability15% weightA77A79Higher
Holdings10% weightD38HigherF21
Durability5% weightA95HigherB62

Rank among AI Data Infrastructure funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DTCR and NCLD are both graded against the same 11 AI Data Infrastructure funds, so their Grades compare head to head.

AI Data Infrastructure⁠

Category · 11 funds
See all 11 ›

DTCR ranks 2nd and NCLD 6th of 11 funds in the AI Data Infrastructure Category.

  1. Rank 1AWTAIWisdomTree Artificial Intelligence and Innovation FundScore 78
  2. Rank 2ADTCRGlobal X Data Center & Digital Infrastructure ETFScore 75
  3. Rank 3ARACKVanEck Data Center Supply Chain ETFScore 70
  4. Rank 5CAIPODefiance AI & Power Infrastructure ETFScore 53
  5. Rank 6CNCLDRoundhill Neocloud ETFScore 46
  6. Rank 7CXDATFranklin Exponential Data ETFScore 40

Our read on each fund

ETF.net Research

DTCRAGlobal X Data Center & Digital Infrastructure ETF

NCLDCRoundhill Neocloud ETF

In short

DTCR Launched in 2020, before the AI buildout hit headlines, DTCR buys the plumbing: data center REITs, cell towers, and the gear wiring them together. Roughly two dozen names, global, priced under the typical infrastructure theme fund.

NCLD No data

Stated mandate

DTCR DTCR seeks to track, before fees and expenses, the price and yield performance of the Solactive Data Center REITs & Digital Infrastructure Index. Its index-based portfolio targets companies operating data centers, cellular towers, or digital-infrastructure hardware supporting communications networks.

NCLD No data

Why people hold it

  • DTCR Narrow by design: an index-based portfolio of companies operating data centers, cellular towers, or the digital-infrastructure hardware behind communications networks.globalxetfs.com
  • Costs 0.50% a year, a shade below the median expense ratio in its infrastructure-theme peer group.
  • A multi-billion-dollar fund that trades actively, so buying or selling a normal-sized position seldom means hunting for the other side.
  • Live since 2020, with a global mandate rather than a US-only one, and it sits in the upper half of its infrastructure cohort.

NCLD No data

Worth knowing

  • DTCR Concentrated: around 25 holdings, so a handful of tower and data center landlords set the tone for the whole fund.
  • REITs sit at the core of the index, and REITs borrow heavily to build, so financing costs can matter as much as AI demand.
  • Broad infrastructure funds like IFRA and IGF charge less and spread across utilities, transport and energy. DTCR trades that breadth for one theme.

NCLD No data

Full DTCR profile⁠

Full NCLD profile⁠

DTCR vs NCLD Holdings

How DTCR and NCLD differ

Overlap by weight

3.2%

Shared holdings make up 4.0% of NCLD and 3.2% of DTCR.

Level by level

  • Holdings2 in both3.2%
  • Sector4 Sectors34.8%
  • Countryby domicile83.9%
  • Asset classEquity100%

Sector

Sector weights in DTCR and NCLD, widest gap first
SectorMore in DTCRMore in NCLD
Real EstateDTCR +56.9 points
FinancialsNCLD +48.1 points
CommunicationNCLD +17.1 points
TechnologyDTCR +8.3 points

Country, concentration and asset class

Country by domicile

Country weights in DTCR and NCLD, widest gap first
CountryMore in DTCRMore in NCLD
AustraliaNCLD +10.0 points
ChinaDTCR +7.2 points
United StatesNCLD +6.0 points
SingaporeDTCR +4.4 points
TaiwanDTCR +2.1 points
South KoreaDTCR +1.8 points
Hong KongDTCR +0.6 points

Concentration

Weight in the 10 largest Holdings

  • DTCR73.7%
  • NCLD136.1%

Securities held

  • DTCR26
  • NCLD18

Asset class

DTCR
Equity
NCLD
Equity

Holdings

  • Only in DTCR24
  • In both2
  • Only in NCLD16

Only in DTCR

24 securities, 96.8% of DTCR by weight

  • American Tower Corp14.75%
  • Digital Realty Trust Inc13.60%
  • Equinix Inc13.13%

Only in NCLD

16 securities, 100% of NCLD by weight

  • United States Treasury Bill 12/03/202653.25%
  • First American Government Obligations Fund 12/01/203110.39%
  • Nebius Group NV9.84%

Weight gaps

All 2 Holdings in both funds, largest gap first.

Holding weights in DTCR and NCLD, widest gap first
HoldingMore in DTCRMore in NCLD
Applied Digital CorpAPLDNCLD +0.67 points
Whitefiber IncWYFINCLD +0.13 points

All 25 DTCR holdings⁠All 17 NCLD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DTCR vs NCLD Cost

Overpaying NCLD vs DTCR

$2,738

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

  • DTCR 0.50%

    $9,979

  • NCLD 0.65%

    $12,717

$10,000
30 years

Cost over time

  • DTCR 0.50%
  • NCLD 0.65%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NCLD $12,717DTCR $9,979

Year by year

YearDTCRNCLDOverpaying
10$900$1,163$263
20$3,460$4,440$980
30$9,979$12,717$2,738

Expense ratio

  • 0.50%DTCR, cheaper
  • 0.65%NCLD
  • Middle half of AI Data Infrastructure funds
  • Median 0.65%

DTCR 2nd cheapest of 11 funds

NCLD 5th cheapest of 11 funds

DTCR vs NCLD Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DTCR 0.99%
NCLD No data
Payout (12M)
DTCR $0.25
NCLD None
Last payment
DTCR $0.11
NCLD No data
Ex-dividend
DTCR Jun 29, 2026
NCLD No data
Paid on
DTCR Jul 7, 2026
NCLD No data
Frequency
DTCR Twice a year
NCLD No data

Distribution history

Per share, 2020 to 2026, same scale for both

DTCRTwice a year · 12 paymentsAll DTCR payments⁠
One bar per payment. 12 payments from 2020 to 2026 YTD. Dec 30, 2020 $0.05; Jun 29, 2021 $0.07; Dec 30, 2021 $0.17; Jun 29, 2022 $0.07; Dec 29, 2022 $0.25; Jun 29, 2023 $0.08; Dec 28, 2023 $0.10; Jun 27, 2024 $0.11; Dec 30, 2024 $0.18; Jun 27, 2025 $0.10; Dec 30, 2025 $0.14; Jun 29, 2026 $0.11. Use the arrow keys to read each point.$0$0.25202020232026YTD
NCLDAll NCLD payments⁠

No distribution history available.

DTCR vs NCLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DTCR 24.3%NCLD No data
Return per unit of riskSharpe ratio, 3 years
DTCR 0.99NCLD No data
Worst fallMax drawdown, 5 years
DTCR −39.0%NCLD No data
Market sensitivityBeta, 5 years
DTCR 1.34NCLD 0.00

DTCR and NCLD in the news

All news⁠

Popular comparisons

  • DTCRAvsWTAIA

    Global X Data Center & Digital Infrastructure ETF · WisdomTree Artificial Intelligence and Innovation Fund

    Expense ratio
    0.50% · 0.45%
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