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Global X Cloud Computing UCITS ETF USD Acc (CLO.L)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
IE00BMH5YF48
Issuer
Global X
Inception Date
Nov 2, 2021
Leveraged
1x (No leverage)
Index Tracked
Indxx Global Cloud Computing Index
Domicile
Ireland
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Global X Cloud Computing UCITS ETF USD Acc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Global X Cloud Computing UCITS ETF USD Acc (CLO.L) has returned -15.74% so far this year and -7.39% over the past 12 months.


Global X Cloud Computing UCITS ETF USD Acc

1D
1.05%
1M
3.42%
YTD
-15.74%
6M
-17.43%
1Y
-7.39%
3Y*
2.75%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Nov 5, 2021, CLO.L's average daily return is -0.03%, while the average monthly return is -0.63%.

Historically, 47% of months were positive and 53% were negative. The best month was Nov 2024 with a return of +17.2%, while the worst month was Jan 2022 at -19.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, CLO.L closed higher 51% of trading days. The best single day was Nov 16, 2022 with a return of +12.3%, while the worst single day was Jan 7, 2022 at -9.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-9.08%-10.38%3.42%-15.74%
20258.04%-10.17%-11.27%3.27%7.08%1.60%-1.18%-0.41%1.43%2.96%-4.86%0.04%-5.35%
20240.00%-4.58%-0.46%-6.37%-5.75%2.16%2.41%0.46%0.48%3.77%17.24%-2.69%4.79%
202311.62%-2.61%1.85%-5.63%9.11%9.38%6.12%-4.98%-5.42%-6.51%16.64%10.85%43.74%
2022-19.09%-7.97%11.96%-11.07%-10.08%-7.78%4.41%-1.47%-4.96%3.46%-4.73%0.41%-40.51%
2021-9.63%-4.60%-13.79%

Benchmark Metrics

Global X Cloud Computing UCITS ETF USD Acc has an annualized alpha of -13.71%, beta of 0.64, and R² of 0.11 versus S&P 500 Index. Calculated based on daily prices since November 12, 2021.

  • This ETF participated in 160.47% of S&P 500 Index downside but only 75.27% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.64 may look defensive, but with R² of 0.11 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.11 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-13.71%
Beta
0.64
0.11
Upside Capture
75.27%
Downside Capture
160.47%

Expense Ratio

CLO.L has an expense ratio of 0.55%, placing it in the medium range.


Return for Risk

Risk / Return Rank

CLO.L ranks 6 for risk / return — in the bottom 6% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


CLO.L Risk / Return Rank: 66
Overall Rank
CLO.L Sharpe Ratio Rank: 77
Sharpe Ratio Rank
CLO.L Sortino Ratio Rank: 77
Sortino Ratio Rank
CLO.L Omega Ratio Rank: 77
Omega Ratio Rank
CLO.L Calmar Ratio Rank: 66
Calmar Ratio Rank
CLO.L Martin Ratio Rank: 44
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X Cloud Computing UCITS ETF USD Acc (CLO.L) and compare them to a chosen benchmark (S&P 500 Index).


CLO.LBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.28

0.90

-1.18

Sortino ratio

Return per unit of downside risk

-0.22

1.39

-1.60

Omega ratio

Gain probability vs. loss probability

0.97

1.21

-0.24

Calmar ratio

Return relative to maximum drawdown

-0.39

1.40

-1.79

Martin ratio

Return relative to average drawdown

-1.03

6.61

-7.64

Explore CLO.L risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Global X Cloud Computing UCITS ETF USD Acc doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Cloud Computing UCITS ETF USD Acc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Cloud Computing UCITS ETF USD Acc was 52.92%, occurring on Nov 9, 2022. The portfolio has not yet recovered.

The current Global X Cloud Computing UCITS ETF USD Acc drawdown is 38.40%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-52.92%Nov 12, 2021149Nov 9, 2022

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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