WCLD ETF

Designed to provide broad exposure to the Technology - Cloud Computing segment of the equity market, the WisdomTree Cloud Computing ETF (WCLD) is a passively managed exchange traded fund launched on 09/06/2019.

WisdomTree Cloud Computing Fund offers focused exposure to cloud-based software companies, leveraging the growth potential of the cloud computing sector. WCLD's equal-weighted strategy reduces concentration risk and highlights medium-sized companies with high-growth potential, unlike market-cap weighted tech ETFs. The fund primarily invests in U.S. companies, with a significant allocation to information technology, reflecting the dominance of U.S. firms in cloud computing.

The decade of AI doesn't negate cloud computing growth; SaaS is expected to grow with a CAGR of 12-19% until 2030. WCLD, focused on small- and mid-cap SaaS stocks, could benefit from lower interest rates and is slightly undervalued compared to peers. A very small position could be initiated now, with potential additions at better prices or after reassessment in several months.

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.

Designed to provide broad exposure to the Technology - Cloud Computing segment of the equity market, the WisdomTree Cloud Computing ETF (WCLD) is a passively managed exchange traded fund launched on 09/06/2019.

Despite all the hoopla surrounding technology stocks in the first half of 2024, software names struggled. In fact, some cloud computing indexes and ETFs have year-to-date losses.

Launched on 09/06/2019, the WisdomTree Cloud Computing ETF (WCLD) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Cloud Computing segment of the equity market.

The WisdomTree Cloud Computing ETF (WCLD) was launched on 09/06/2019, and is a smart beta exchange traded fund designed to offer broad exposure to the Technology ETFs category of the market.

Due to the rise in AI utilization and increased adoption, there continues to be a high demand for cloud services. Megaclouds experienced substantial growth in cloud revenue in the first quarter of 2024.