If you bought WisdomTree Cloud Computing Fund (NASDAQ:WCLD) five years ago hoping to ride the cloud wave, your $10,000 is now worth roughly $5,744.
The WisdomTree Cloud Computing ETF (WCLD) made its debut on 09/06/2019, and is a smart beta exchange traded fund that provides broad exposure to the Technology ETFs category of the market.
If you're interested in broad exposure to the Technology - Cloud Computing segment of the equity market, look no further than the WisdomTree Cloud Computing ETF (WCLD), a passively managed exchange traded fund launched on September 6, 2019.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| AC Adam Claypool First Community Trust Na | 13,310 | $463,282.19 | $461,324.6 | -$1,957.59 | -0.42% |
| YL Yosef Levy Y.D. More Investments Ltd. | 2,801 | $98,692.4 | $97,376.76 | -$1,315.64 | -1.33% |
| TJL Timothy J. Landolt Endowment Wealth Management Inc. | 19,102 | $626,283.16 | $661,884.3 | $35,601.14 | 5.68% |
Candace Cavalier Congress Wealth Management LLC / DE / | 13,366 | $483,047.24 | $463,800.2 | -$19,247.04 | -3.98% |
Michael Byun SageView Advisory Group LLC | 20 | $701 | $686.8 | -$14.2 | -2.03% |
| NASDAQ (NMS) Exchange | US Country |
The company operates a specialized investment fund focused on the burgeoning sector of cloud computing. It dedicates at least 80% of its total assets to investing in securities or economic instruments that are either components of a specific index or have economic characteristics almost identical to those components. This index is uniquely curated to monitor the growth and performance of emerging companies whose primary business revolves around providing cloud computing services and software solutions to a diverse client base. Given the specific focus on cloud computing within the emerging market segment, the fund classifies as non-diverse, concentrating its investments to capture growth in this innovative tech domain.
This product targets emerging companies in the cloud computing sector, allowing investors to tap into the growth potential of these businesses. The investment strategy involves tracking an index designed explicitly for this purpose, comprising select companies that show promise in revolutionizing cloud technology and services. This selective investment approach aims to maximize returns by focusing on a high-growth area within the technology sector.
In addition to direct index components, the fund expands its portfolio through investments in instruments that mirror the economic characteristics of the index’s constituents. This strategy enhances the fund’s ability to capture the full spectrum of growth within the cloud computing arena, ensuring that investors benefit from a broader exposure to this niche market. It involves sophisticated financial instruments and strategic asset allocations to mimic the performance of selected emerging cloud computing companies closely.