WisdomTree Cloud Computing

ETF description

This ETF focuses on companies involved in the cloud computing industry, which includes businesses that provide cloud infrastructure, platforms, and software services. Cloud computing allows organizations to store and access data over the internet rather than relying on local servers or personal computers. The fund tracks an index of companies that are leading or significantly involved in this rapidly growing sector, offering exposure to firms at the forefront of technological innovation in areas like data storage, software as a service (SaaS), and cloud platforms.

This ETF may appeal to investors who are interested in the growth potential of the technology sector and want to focus on cloud computing as a key trend shaping the future of business.

Issuer details

WisdomTree is a leading asset management firm specializing in innovative ETFs and ETPs (exchange‑traded products), with over $80 billion in assets under management as of June 2024. WisdomTree offers an extensive range of investment products across various market segments. Founded in 2006, WisdomTree is known for its fundamentally weighted ETFs and its focus on providing innovative and thematic investment strategies. The firm places a strong emphasis on income‑focused products, catering to the needs of income‑seeking investors. Notable ETFs include the WisdomTree U.S. Quality Dividend Growth Fund (DGRW), the WisdomTree Europe Hedged Equity Fund (HEDJ), and the WisdomTree Cloud Computing Fund (WCLD), reflecting WisdomTree’s commitment to delivering diverse and forward‑looking investment solutions.

Index details

The Cloud Computing index provides investors with targeted exposure to companies involved in the cloud computing industry, encompassing providers of cloud infrastructure, platforms, and services. By capturing the performance of firms driving technological innovation and growth in the cloud sector, the index offers significant growth potential and focused investment opportunities.