Looking for broad exposure to the Technology - Cloud Computing segment of the equity market? You should consider the WisdomTree Cloud Computing ETF (WCLD Quick QuoteWCLD - Free Report) , a passively managed exchange traded fund launched on September 6, 2019.

While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.

Additionally, sector ETFs offer convenient ways 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 4, placing it in top 25%.

Index Details

The fund is sponsored by Wisdomtree. It has amassed assets over $296.67 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

ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis.

This ETF has heaviest allocation in the Information Technology sector -- about 90.8% of the portfolio.

Looking at individual holdings, Okta Inc (OKTA) accounts for about 2.46% of total assets, followed by Crowdstrike Holdings Inc - A (CRWD) and Netskope Inc-cl A (NTSK).

The top 10 holdings account for about 19.41% of total assets under management.

Performance and Risk

So far this year, WCLD has added roughly 23.02%, and it's up approximately 23.73% in the last one year (as of 10/14/2026). During this past 52-week period, the fund has traded between $24.09 and $43.74.

The ETF has a beta of 1.10 and standard deviation of 31.66% for the trailing three-year period. With about 67 holdings, it effectively diversifies company-specific risk.

Alternatives

WisdomTree Cloud Computing ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, WCLD is a reasonable option for those seeking exposure to the Technology ETFs area of the market. Investors might also want to consider some other ETF options in the space.

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 $410.16 million in assets, First Trust Cloud Computing ETF has $3.51 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.