If you're interested in broad exposure to the Technology - Cloud Computing segment of the equity market, look no further than the WisdomTree Cloud Computing ETF (WCLD Quick QuoteWCLD - Free Report) , a passively managed exchange traded fund launched on September 6, 2019.

Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.

Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Cloud Computing is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 2, placing it in top 13%.

Index Details

The fund is sponsored by Wisdomtree. It has amassed assets over $290.51 million, making it one of the average sized ETFs attempting to match the performance of the Technology - Cloud Computing segment of the equity market. WCLD seeks to match the performance of the BVP NASDAQ EMERGING CLOUD INDEX before fees and expenses.

The BVP Nasdaq Emerging Cloud Index is an equally weighted Index, designed to measure the performance of emerging public companies focused on delivering cloud-based software to customers.

Costs

Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.

Annual operating expenses for this ETF are 0.45%, making it on par with most peer products in the space.

Sector Exposure and Top Holdings

Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Information Technology sector -- about 93.5% of the portfolio.

Looking at individual holdings, Fastly Inc - Class A (FSLY) accounts for about 2.87% of total assets, followed by Digitalocean Holdings Inc (DOCN) and Braze Inc-a (BRZE).

The top 10 holdings account for about 19.89% of total assets under management.

Performance and Risk

The ETF has lost about 8.03% so far this year and is down about 11.93% in the last one year (as of 06/08/2026). In that past 52-week period, it has traded between $24.09 and $36.88.

The ETF has a beta of 1.10 and standard deviation of 30.42% for the trailing three-year period. With about 66 holdings, it effectively diversifies company-specific risk.

Alternatives

WisdomTree Cloud Computing ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, WCLD is a great option for investors seeking exposure to the Technology ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.

Global X Cloud Computing ETF (CLOU) tracks INDXX GLOBAL CLOUD COMPUTING INDEX and the First Trust Cloud Computing ETF (SKYY) tracks ISE Cloud Computing Index. Global X Cloud Computing ETF has $263.89 million in assets, First Trust Cloud Computing ETF has $3.00 billion. CLOU has an expense ratio of 0.68%, and SKYY charges 0.6%.

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.