Do CLOU and FCLD hold the same stocks?

By their latest filings, 31% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, CLOU or FCLD?

CLOU has 29% of its weight in S&P 500 names and FCLD has 51%, so CLOU differs more from the index.

Which is cheaper, CLOU or FCLD?

CLOU charges 0.68% a year and FCLD charges 0.39%, so FCLD is cheaper. Fees come from each fund's prospectus.

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CLOU vs FCLD: which is really different?

CLOU and FCLD hold 31% of their weight in the same names, and FCLD returned +53.2% over the year. Global X Cloud Computing ETF and Fidelity Cloud Computing ETF.

29.0%

CLOU in the S&P 500

51.1%

FCLD in the S&P 500

+22.4%

CLOU total return, 1 year

+53.2%

FCLD total return, 1 year

CLOU · 1 year to Sep 30, 202671% of its weight is outside the S&P 500

29% of CLOU's weight is in S&P 500 companies and 71% is outside the index

FCLD · 1 year to Sep 30, 202649% of its weight is outside the S&P 500

51% of FCLD's weight is in S&P 500 companies and 49% is outside the index

ETFIQ Off-Index Score · CLOU scores higherHow much of it is not the index it is sold as an alternative to?

CLOU 30.8

FCLD 25.3

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, CLOU and FCLD hold 31% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2026.

50%

half

31% in common

Positions both hold, largest shared weight first

Holding CLOU FCLD

SNOWFLAKE INC 7.19% 3.85%

SALESFORCE INC 3.76% 3.96%

SERVICENOW INC 4.39% 3.61%

DIGITAL REALTY TRUST INC 2.53% 3.10%

ZOOM COMMUNICATIONS INC 2.70% 1.98%

MICROSOFT CORP 1.82% 4.15%

DIGITALOCEAN HOLDINGS INC 4.00% 1.63%

HUBSPOT INC 2.67% 1.44%

AMAZON.COM INC 1.36% 1.99%

FIVE9 INC 1.59% 0.79%

Only in CLOU

DATADOG INC - CLASS A 5.99%

TWILIO INC - A 5.71%

PAYCOM SOFTWARE INC 4.96%

CLOUDFLARE INC - CLASS A 4.90%

WORKDAY INC-CLASS A 4.50%

ZSCALER INC 4.41%

QUALYS INC 4.07%

SHOPIFY INC - CLASS A 3.54%

Only in FCLD

SANDISK CORP/DE 6.16%

WESTERN DIGITAL CORP 5.29%

SEAGATE TECHNOLOGY HOLDINGS PLC 4.97%

APPLOVIN CORP 4.33%

EQUINIX INC 3.90%

DATADOG INC 3.88%

TWILIO INC 2.32%

EVERPURE INC 2.31%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

31% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	CLOU	FCLD	CLOU	FCLD	CLOU	FCLD
3 months	+22.0%	+14.5%	+19.5 pts	+12.0 pts	+19.9 pts	+12.4 pts
6 months	+44.2%	+62.1%	+27.2 pts	+45.1 pts	+17.3 pts	+35.2 pts
1 year	+22.4%	+53.2%	+6.7 pts	+37.5 pts	−1.4 pts	+29.4 pts
3 years	+51.1%	+136.3%	−33.8 pts	+51.3 pts	−58.8 pts	+26.3 pts
Since launch CLOU Apr 2019 · FCLD Oct 2021	+92.7%	+75.9%	−100.7 pts	−10.0 pts	−223.0 pts	−34.0 pts

CLOU and FCLD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CLOU

Global X Cloud Computing ETF · Holds 40 stocks in cloud and software, 29% of its weight in S&P 500 companies

FCLD

Fidelity Cloud Computing ETF · Holds 50 stocks in cloud and software, 51% of its weight in S&P 500 companies

Issuer Global X Fidelity

Theme Cloud and software Cloud and software

In the S&P 500 29.0% 51.1%

Active share vs the S&P 500 94.6% 91.6%

In the Nasdaq-100 22.9% 32.9%

Holdings 40 50

Top ten, share of the fund 50.1% 44.1%

Expense ratio 0.68% 0.39%

Fee for the differing part 0.72% 0.43%

Total return, 1 year +22.4% +53.2%

vs the S&P 500 +6.7 pts +37.5 pts

vs the Nasdaq-100 −1.4 pts +29.4 pts

Below its high −9.9% −1.5%

Net assets $375m $145m

CLOU and FCLD on the same fields, as of Sep 30, 2026. Source: ETFIQ.

CLOU in plain words

By weight, 29% of CLOU's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 50% of the fund across 40 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +22.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 6.7 pts. It sits 9.9% below its all-time high of Nov 4, 2021.

FCLD in plain words

By weight, 51% of FCLD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 44% of the fund across 50 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +53.2% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 37.5 pts.

Questions people ask

Do CLOU and FCLD hold the same stocks?: By their latest filings, 31% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CLOU or FCLD?: CLOU has 29% of its weight in S&P 500 names and FCLD has 51%, so CLOU differs more from the index.
Which is cheaper, CLOU or FCLD?: CLOU charges 0.68% a year and FCLD charges 0.39%, so FCLD is cheaper. Fees come from each fund's prospectus.

Other comparisons

CLOU vs SKYY CLOU vs XIGV CLOU vs XSW CLOU vs IGV FCLD vs SKYY FCLD vs WCLD FCLD vs IGV FCLD vs XIGV

CLOU on its own →FCLD on its own →How every figure is computed →Standards and sources →

Where these figures came from

CLOU filings on SEC EDGAR ↗CLOU prospectus with the expense ratio (SEC) ↗Global X page for CLOU ↗FCLD filings on SEC EDGAR ↗FCLD prospectus with the expense ratio (SEC) ↗Fidelity website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, CLOU against FCLD, data as of Sep 30, 2026. https://etfiq.com/compare/themes/clou-vs-fcld

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.