- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Dec 15, 2023
- Business
- Themes Cloud Computing ETF (CLOD), a passive index exchange-traded fund managed by Themes ETF Trust, seeks to track the performance, before fees and expenses, of the Solactive Cloud Computing Index (SOLCLOUN). The fund invests primarily in the largest 50 companies by market capitalization deriving revenues from digital security; e-commerce infrastructure; data infrastructure; data architecture; internet infrastructure; and data support, with top holdings including Alphabet Inc., Salesforce Inc., AppLovin Corp., Adobe Inc., and Intuit Inc. as of December 2025. Launched on December 15, 2023, and listed on Nasdaq with a total expense ratio of 0.35%, CLOD holds approximately 51 securities, rebalanced quarterly, and targets investors seeking exposure to the cloud computing segment of the technology sector.
Headquartered in Greenwich, Connecticut, Themes ETF Trust, advised by Themes Management Company LLC and distributed by ALPS Distributors, Inc., operates CLOD as part of its suite of thematic ETFs focused on emerging market opportunities. The fund maintains an 80% policy in cloud computing securities, including ADRs and GDRs of large-, mid-, and small-capitalization companies predominantly in developed markets, with significant sector concentration in information technology (over 75%) and communications services.
In recent developments, Themes ETFs expanded its product lineup in December 2025 with the launch of four new single-stock leveraged ETFs under Leverage Shares by Themes—2x Long IREN Daily ETF, 2x Long BE Daily ETF, 2x Long GEV Daily ETF, and 2x Long SATS Daily ETF—broadening access to targeted leveraged exposure amid growing demand for thematic and leveraged products. These additions underscore Themes ETF Trust's strategy to enhance its offerings in high-growth segments, maintaining management fees below the thematic ETF average as of May 2025. CLOD itself reports year-to-date NAV performance of approximately 6.98% as of December 16, 2025, with assets under management around $1.35 million and shares outstanding of 40,000.