Do CLOU and IGV hold the same stocks?

By their latest filings, 18% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.

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

CLOU has 29% of its weight in S&P 500 names and IGV has 81%, so CLOU differs more from the index.

Which is cheaper, CLOU or IGV?

CLOU charges 0.68% a year and IGV charges 0.38%, so IGV is cheaper. Fees come from each fund's prospectus.

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CLOU vs IGV: which is really different?

CLOU and IGV hold 18% of their weight in the same names, and CLOU returned +22.4% over the year. Global X Cloud Computing ETF and iShares Expanded Tech-Software Sector ETF.

29.0%

CLOU in the S&P 500

80.7%

IGV in the S&P 500

+22.4%

CLOU total return, 1 year

−7.4%

IGV 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

IGV · 1 year to Sep 30, 202619% of its weight is outside the S&P 500

81% of IGV's weight is in S&P 500 companies and 19% 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

IGV 26.8

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 IGV hold 18% 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 Sep 30, 2026.

50%

half

18% in common

Positions both hold, largest shared weight first

Holding CLOU IGV

SERVICENOW INC 4.39% 4.41%

SALESFORCE INC 3.76% 4.06%

DATADOG INC - CLASS A 5.99% 3.18%

MICROSOFT CORP 1.82% 8.50%

WORKDAY INC-CLASS A 4.50% 1.33%

ZOOM COMMUNICATIONS INC 2.70% 0.83%

ZSCALER INC 4.41% 0.73%

HUBSPOT INC 2.67% 0.35%

ORACLE CORP 0.32% 6.92%

PROCORE TECHNOLOGIES INC 2.64% 0.22%

QUALYS INC 4.07% 0.22%

DROPBOX INC-CLASS A 3.37% 0.17%

Only in CLOU

SNOWFLAKE INC 7.19%

TWILIO INC - A 5.71%

PAYCOM SOFTWARE INC 4.96%

CLOUDFLARE INC - CLASS A 4.90%

DIGITALOCEAN HOLDINGS INC 4.00%

SHOPIFY INC - CLASS A 3.54%

AKAMAI TECHNOLOGIES INC 2.99%

DIGITAL REALTY TRUST INC 2.53%

Only in IGV

PALO ALTO NETWORKS 9.66%

PALANTIR TECHNOLOGIES CLASS A 8.99%

CROWDSTRIKE HOLDINGS CLASS A 8.87%

FORTINET 3.82%

ADOBE INC 3.30%

CADENCE DESIGN SYSTEMS 3.15%

SYNOPSYS 2.88%

APPLOVIN CLASS A 2.73%

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

18% 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	IGV	CLOU	IGV	CLOU	IGV
3 months	+22.0%	+14.1%	+19.5 pts	+11.6 pts	+19.9 pts	+12.0 pts
6 months	+44.2%	+33.5%	+27.2 pts	+16.5 pts	+17.3 pts	+6.6 pts
1 year	+22.4%	−7.4%	+6.7 pts	−23.1 pts	−1.4 pts	−31.2 pts
3 years	+51.1%	+56.0%	−33.8 pts	−28.9 pts	−58.8 pts	−53.9 pts
Since launch CLOU Apr 2019 · IGV Jan 2010	+92.7%	+1052.2%	−100.7 pts	+247.5 pts	−223.0 pts	−685.4 pts

CLOU and IGV 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

IGV

iShares Expanded Tech-Software Sector ETF · Holds 111 stocks in cloud and software, 81% of its weight in S&P 500 companies

Issuer Global X iShares

Theme Cloud and software Cloud and software

In the S&P 500 29.0% 80.7%

Active share vs the S&P 500 94.6% 92.4%

In the Nasdaq-100 22.9% 65.7%

Holdings 40 111

Top ten, share of the fund 50.1% 61.7%

Expense ratio 0.68% 0.38%

Fee for the differing part 0.72% 0.41%

Total return, 1 year +22.4% −7.4%

vs the S&P 500 +6.7 pts −23.1 pts

vs the Nasdaq-100 −1.4 pts −31.2 pts

Below its high −9.9% −9.6%

Net assets $375m $13.9bn

CLOU and IGV 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.

IGV in plain words

By weight, 81% of IGV'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 62% of the fund across 111 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −7.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 23.1 pts. It sits 9.6% below its all-time high of Sep 22, 2025.

Questions people ask

Do CLOU and IGV hold the same stocks?: By their latest filings, 18% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CLOU or IGV?: CLOU has 29% of its weight in S&P 500 names and IGV has 81%, so CLOU differs more from the index.
Which is cheaper, CLOU or IGV?: CLOU charges 0.68% a year and IGV charges 0.38%, so IGV is cheaper. Fees come from each fund's prospectus.

Other comparisons

CLOU vs FCLD CLOU vs SKYY CLOU vs WCLD CLOU vs XIGV IGV vs NLR IGV vs PAVE IGV vs PPA IGV vs QTUM

CLOU on its own →IGV 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 ↗IGV filings on SEC EDGAR ↗IGV prospectus with the expense ratio (SEC) ↗iShares page for IGV ↗

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 IGV, data as of Sep 30, 2026. https://etfiq.com/compare/themes/clou-vs-igv

Open data

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