WCLDETF

The WisdomTree Cloud Computing ETF (WCLD) is a passively managed fund tracking the BVP NASDAQ Emerging Cloud Index with a 0.45% expense ratio. The fund has gained 23.02% year-to-date and holds approximately 67 companies with heavy exposure to Information Technology (90.8%).

Top holdings include Okta, CrowdStrike, and Netskope. The ETF carries a Zacks Rank of 3 (Hold) and is compared to alternative cloud computing ETFs like Global X Cloud Computing ETF (CLOU) and First Trust Cloud Computing ETF (SKYY).

The Global X Cloud Computing ETF (CLOU), launched in April 2019, provides diversified exposure to cloud computing companies with a 0.68% expense ratio and $410.16 million in assets. The fund has returned 31.52% year-to-date and 28.07% over the past year, with top holdings including Snowflake, Datadog, and Twilio. CLOU holds a Zacks ETF Rank of 2 (Buy) and is compared to alternative cloud computing ETFs like WCLD and SKYY.

Global cloud infrastructure spending reached $143.4 billion in Q2 2026, marking the highest growth rate in eight years, driven primarily by AI adoption. The market is projected to exceed $500 billion in 2026, with the 'Big Three' providers (AWS, Microsoft Azure, Google Cloud) controlling over 60% of the market. Neocloud, a specialized AI-focused cloud segment, is experiencing over 200% year-over-year growth.

Multiple ETF sectors outperformed the broader market last week. Brazil small-cap ETFs surged on election optimism, tanker shipping ETFs gained amid Strait of Hormuz tensions, and utilities, cybersecurity, and cloud computing ETFs benefited from AI-driven demand, particularly following Google's nuclear power agreement with Constellation Energy.