Performance data is updated to 31 May 2026.
Cloud Computing ETF (CLDD) — Review & Analysis
CLDD is the only dedicated cloud computing ETF on the ASX, tracking the Indxx Global Cloud Computing Index. AUM is $39.56 million as at May 2026 with a 0.67% p.a. management fee. The fund holds global pure-plays in cloud infrastructure (AWS-style hyperscale providers), SaaS application companies, and cloud-enabling software vendors. Compare CLDD across the tech cohort on our tech ETF page or use the Compare ETFs tool to evaluate against broader tech ETFs.
The cloud computing thesis is structural — enterprise IT spend is shifting from on-premise to cloud-delivered services at sustained double-digit rates. CLDD captures the listed pure-plays in this segment, but the construction has shifted over time as the cloud has become embedded across the entire tech sector. The top holdings typically include cloud infrastructure providers, SaaS platforms like Salesforce, ServiceNow, Workday, and emerging cloud-native vendors.
CLDD's 0.67% fee is at the higher end of thematic ETFs, reflecting the specialist single-theme construction. The exposure overlaps with HACK (cybersecurity), TECH (broad global tech) and broader Nasdaq products on cloud names — but CLDD's pure-play focus delivers more concentrated exposure to the cloud thesis than diversified alternatives.
CLDD is unhedged. The fund has seen modest AUM growth as the cloud thesis has matured and competition from broader tech ETFs has emerged. Our every theme ETF on the ASX guide covers CLDD alongside other thematic tech options.
Performance (% return)
Investment Focus
Themes
Exposure Regions
Portfolio Breakdown
| Company Name | % assets |
|---|---|
| DIGITALOCEAN HOLDINGS INC | 6.20% |
| DATADOG INC | 6.10% |
| SNOWFLAKE INC | 5.90% |
| TWILIO INC | 5.30% |
| AKAMAI TECHNOLOGIES INC | 5.10% |
| SERVICENOW INC | 4.50% |
| CLOUDFLARE INC | 4.40% |
| WORKDAY INC | 4.00% |
| ZOOM VIDEO COMMUNICATIONS INC | 3.60% |
| PAYCOM SOFTWARE INC | 3.60% |
| Sector | % assets |
|---|---|
| Application Software | 45% |
| Internet Services & Infrastructure | 28% |
| Systems Software | 13.4% |
| Human Resource & Employment Services | 4% |
| Data Center REITs | 3.8% |
| Broadline Retail | 2.4% |
| Interactive Media & Services | 2.1% |
| Health Care Technology | 0.6% |
| Advertising | 0.4% |
| Other | 0.3% |
Similar ETFs
| Stock | Name | 1 Year % |
|---|---|---|
| BUGG | Global X Cybersecurity ETF | -12.41% |
| DRIV | BetaShares Electric Vehicles and Future Mobility ETF | +35.78% |
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Last updated: January 2026
