CLOU vs. IPO ETF Comparison

Comparison of Global X Cloud Computing ETF (CLOU) to Renaissance IPO ETF (IPO)
CLOU

Global X Cloud Computing ETF

CLOU Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.28

Average Daily Volume

262,856

Number of Holdings *

34

* may have additional holdings in another (foreign) market
IPO

Renaissance IPO ETF

IPO Description The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.52

Average Daily Volume

51,952

Number of Holdings *

45

* may have additional holdings in another (foreign) market
Performance
Period CLOU IPO
30 Days -5.28% -5.01%
60 Days -7.86% -3.09%
90 Days -10.82% 9.84%
12 Months 25.65% 40.33%
3 Overlapping Holdings
Symbol Grade Weight in CLOU Weight in IPO Overlap
DOCN D 4.62% 0.75% 0.75%
FRSH F 3.53% 1.09% 1.09%
PCOR D 4.9% 2.06% 2.06%
CLOU Overweight 31 Positions Relative to IPO
Symbol Grade Weight
WIX D 5.2%
CRM D 4.63%
NFLX D 4.54%
SHOP D 4.21%
WDAY D 4.17%
TWLO C 4.07%
PAYC F 4.02%
QLYS D 3.92%
ZS D 3.88%
BOX F 3.78%
DLR B 3.76%
FIVN F 3.71%
SPSC C 3.65%
ZM F 3.5%
AKAM F 3.38%
WK D 3.19%
DBX F 3.16%
FSLY F 2.61%
EVBG B 2.23%
AMZN A 2.22%
MSFT C 2.05%
GOOGL A 1.65%
PUBM A 1.56%
HSTM B 1.23%
YEXT F 1.08%
VMEO D 0.87%
VNET D 0.36%
BABA B 0.33%
IBM D 0.31%
KC C 0.15%
TWOU F 0.03%
CLOU Underweight 42 Positions Relative to IPO
Symbol Grade Weight
KVUE D -9.85%
COIN D -9.62%
NU C -9.54%
APP B -5.48%
HOOD C -4.18%
ARM F -3.87%
CNM A -3.67%
PATH D -2.73%
ONON C -2.56%
BZ A -2.42%
DUOL A -2.41%
RIVN F -2.26%
CRBG A -2.24%
YMM A -2.17%
CFLT D -2.1%
S D -1.91%
GTLB F -1.86%
MNDY D -1.74%
RYAN D -1.74%
DV D -1.57%
EDR A -1.55%
GFS D -1.4%
HCP B -1.17%
TPG C -1.16%
GLBE F -1.14%
DOCS F -0.99%
MQ D -0.93%
BRZE D -0.82%
SQSP B -0.74%
NUVL D -0.65%
AGL F -0.54%
YOU F -0.53%
INFA D -0.51%
BROS F -0.5%
DLO F -0.48%
BIRK D -0.42%
PYCR F -0.42%
FLNC B -0.36%
PWSC F -0.36%
ACT A -0.32%
BLCO F -0.19%
INST F -0.14%
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