Themes Cloud Computing ETF

Frequently Asked Questions About CLOD

What does CLOD invest in?

CLOD seeks to track an index providing exposure to companies in cloud computing across developed markets. The index starts from a universe of small-, mid-, and large-cap companies that may be classified within defined sub-industries of the cloud computing industry. Security selection is based on the free float market capitalization of all eligible securities with firms ranking at the top of each sub-industry chosen. Twenty companies from internet infrastructure software and data support software, 10 each from digital security software, data infrastructure software, and data architecture software industries, and 3 from e-commerce infrastructure software are considered. The top 50 securities by market-cap are selected for the index. Constituents are also weighted according to their free float market capitalization with a 4.5% cap placed on individual securities. This is to ensure diversification and to limit overconcentration. CLOD is rebalanced quarterly.

What is the expense ratio of CLOD?

Themes Cloud Computing ETF (CLOD) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CLOD?

Themes Cloud Computing ETF (CLOD) manages $2.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CLOD actively managed or an index fund?

CLOD is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (CLOD's is 0.35%) because there's no security selection cost.

When was CLOD launched?

Themes Cloud Computing ETF (CLOD) launched in December 2023 and is managed by Themes.

How has CLOD performed?

CLOD's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.