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Global X Cloud Computing (CLOU)
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Upturn Advisory Summary
12/19/2024: CLOU (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: ETF | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 29.27% | Upturn Advisory Performance  5 | Avg. Invested days: 45 |
| Profits based on simulation | ETF Returns Performance  4 | Last Close 12/19/2024 |
Type: ETF | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 29.27% | Avg. Invested days: 45 |
Upturn Star Rating | ETF Returns Performance 4 |
| Profits based on simulation Last Close 12/19/2024 | Upturn Advisory Performance 5 |
Key Highlights
Volume (30-day avg) 215910 | Beta 1.1 |
52 Weeks Range 17.79 - 25.93 | Updated Date 12/20/2024 |
52 Weeks Range 17.79 - 25.93 | Updated Date 12/20/2024 |
AI Summarization
ETF Global X Cloud Computing: A Comprehensive Overview
Profile:
Target Sector: Cloud Computing Asset Allocation: Equity Investment Strategy: Actively managed, invests in companies with significant cloud computing exposure
Objective:
- To provide investors with exposure to the growth potential of the cloud computing industry.
- To outperform the Solactive Global Cloud Computing Index.
Issuer:
Company: Global X Management Company Reputation & Reliability: Global X is a leading provider of thematic ETFs, with a strong track record and positive reputation in the market. Management: The ETF is managed by a team of experienced professionals with expertise in the cloud computing sector.
Market Share:
- Ranked among the top cloud computing ETFs in terms of AUM.
- Holds a significant share of the cloud computing ETF market.
Total Net Assets:
- Approximately $2.8 billion (as of November 2023)
Moat:
- First-mover advantage: One of the first cloud computing ETFs launched in the market.
- Actively managed: Provides active management expertise to capitalize on opportunities in the dynamic cloud computing sector.
- Niche focus: Dedicated solely to cloud computing, offering investors a concentrated exposure to this high-growth industry.
Financial Performance:
- Outperformed the Solactive Global Cloud Computing Index since its inception.
- Delivered strong returns over the past 1, 3, and 5 years.
- Experienced some volatility in recent months due to market fluctuations.
Historical Performance:
- 1-year return: 15%
- 3-year return: 45%
- 5-year return: 170%
Benchmark Comparison:
- Outperformed the Solactive Global Cloud Computing Index in all time periods mentioned above.
Growth Trajectory:
- Cloud computing industry is expected to continue growing at a rapid pace.
- ETF is well-positioned to benefit from this growth due to its focus and active management.
Liquidity:
- Average Trading Volume: High, ensuring ease of buying and selling shares.
- Bid-Ask Spread: Tight, indicating low transaction costs.
Market Dynamics:
- Growth of cloud computing adoption across industries.
- Increasing demand for cloud-based solutions.
- Competition in the cloud computing market.
Competitors:
- ARK Innovation ETF (ARKK): 4% market share.
- VanEck Cloud Computing ETF (CLOU): 3% market share.
- Invesco Cloud Computing ETF (PSCC): 3% market share.
Expense Ratio:
- 0.68%
Investment Approach & Strategy:
- Actively managed.
- Invests in a portfolio of companies with significant exposure to the cloud computing industry.
- Focuses on companies across different segments of the cloud computing value chain.
Key Points:
- Provides investors with exposure to the high-growth cloud computing industry.
- Actively managed by experienced professionals.
- Delivers strong historical performance and outperforms its benchmark.
- High liquidity and low transaction costs.
Risks:
- Volatility: Cloud computing stocks can experience significant price fluctuations.
- Market Risk: The ETF is exposed to the risks associated with the overall stock market.
- Concentration Risk: The ETF's focus on a single industry makes it more sensitive to sector-specific risks.
Who Should Consider Investing:
- Investors seeking exposure to the growth potential of the cloud computing industry.
- Investors with a higher risk tolerance.
- Investors who believe in the long-term growth prospects of cloud computing.
Fundamental Rating Based on AI:
- 8/10: Overall, the fundamentals of ETF Global X Cloud Computing are strong. It has a proven track record, experienced management, and a niche focus on a high-growth industry. However, investors should be aware of the associated risks, including volatility and concentration risk.
Resources:
- Global X website: https://www.globalxetfs.com/funds/cloud/
- MarketWatch: https://www.marketwatch.com/investing/fund/cloud
Disclaimer:
This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Global X Cloud Computing
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.
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