Cloud computing ETFs are exchange-traded funds that invest in a diversified portfolio of companies involved in developing, delivering, and managing cloud computing technologies and services. Cloud computing refers to various computing services, including servers, storage, databases, networking, software, analytics, and intelligence over the Internet (“the cloud”).

Cloud computing ETFs can provide exposure to a mix of large and small-cap companies operating in different subsectors within the cloud computing industry, such as software as a service (SaaS), infrastructure as a service (IaaS), or platform as a service (PaaS).

Cloud Computing

Cboe US

FCLD

First Trust Cloud Computing ETF seeks to track the ISE CTA Cloud Computing Index, providing exposure to companies involved in cloud computing.

Symbol	Name	Sharpe Ratio (1Y)	Sharpe Ratio (5Y)	Sharpe Ratio (10Y)	Risk / Return Rank
FCLD	Fidelity Cloud Computing ETF	1.20	—	—	44
SKYY	First Trust ISE Cloud Computing Index Fund	0.37	0.18	0.59	17
SKYU	ProShares Ultra Nasdaq Cloud Computing ETF	0.14	-0.06	—	14
CLOU	Global X Cloud Computing ETF	0.12	-0.09	—	13
WCLD	WisdomTree Cloud Computing Fund	-0.09	-0.25	—	10

Top Cloud Computing ETFs by Sharpe Ratio

Top Cloud Computing ETFs by Sharpe Ratio