How many cloud computing ETFs are there?

ETFIQ covers 8 US listed cloud computing ETFs as of Oct 27, 2026. That is every one it can measure from the fund’s own published holdings.

What is the largest cloud computing ETF?

IGV, iShares Expanded Tech-Software Sector ETF, at $14.3bn in net assets as of Oct 26, 2026, the largest of the 8 cloud computing ETFs with a published size.

What is the cheapest cloud computing ETF?

XSW, State Street SPDR S&P Software & Services ETF, at 0.35% a year by its prospectus filed Oct 24, 2025, the lowest fee of the 8 cloud computing ETFs that publish one.

Which cloud computing ETF has performed best over the past year?

FCLD, Fidelity Cloud Computing ETF, at +46.9% total return over the year to Oct 27, 2026, the highest of the 7 cloud computing ETFs with a full year of trading behind them. Past returns do not predict future ones.

What do cloud computing ETFs hold?

Funds that hold software companies that sell by subscription, and the businesses that run the cloud their software sits on. Between them the 8 cloud computing ETFs ETFIQ can read name 62 companies in their ten largest holdings, by holdings dated May 31, 2026 to Oct 26, 2026, most widely PALO ALTO NETWORKS, which is among the ten largest of 3 of them.

Do cloud computing ETFs hold the same companies?

It depends which two. Across the 28 pairs of the 8 cloud computing ETFs with a full published book, by holdings dated May 31, 2026 to Oct 26, 2026, CLOD and IGV hold 58% of their weight in the same companies, WCLD and XIGV hold 0%, and the middle pair holds 24%. Two funds sold on one theme are not the same fund.

Data as of Oct 27, 2026.

Theme · 8 funds

Cloud computing ETFs: what each one holds

See every cloud computing ETF by what it holds, not by its name. Funds that hold software companies that sell by subscription, and the businesses that run the cloud their software sits on. 8 funds, largest first. Updated Oct 27, 2026. The typical fund carries 45% of its weight in S&P 500 stocks, the 12th most of the 53 themes with holdings on file.

askIQ about this page

askIQ about Cloud computing ETFs

Overlap tool askIQ about these funds

Share on X Download as PDF

The short answers

How many there are

US listed cloud computing ETFs, as of Oct 27, 2026.

The largest

IGV

iShares Expanded Tech-Software Sector ETF, $14.3bn.

The cheapest

XSW

State Street SPDR S&P Software & Services ETF, 0.35% a year.

Best one year total return

FCLD

Fidelity Cloud Computing ETF, +46.9%.

Least like the S&P 500

WCLD

WisdomTree Cloud Computing Fund, 15.7% of its weight in S&P 500 companies.

Closest pair

CLOD and IGV

58% of their weight in the same companies.

What these funds actually own

Between them the 8 funds' ten largest holdings name 62 companies, of which 12 appear in more than one.

PALO ALTO NETWORKS is among the ten largest of 3 of them, at an average of 6.5% of the fund.

CompanyIn the top ten ofAvg weightLargest, and where

PALO ALTO NETWORKS PANW3 of 86.5%9.1% in IGV

CROWDSTRIKE HOLDINGS CLASS A CRWD3 of 86.0%8.4% in IGV

MICROSOFT MSFT3 of 85.2%8.4% in IGV

ORACLE ORCL3 of 84.3%6.1% in IGV

Amazon.com, Inc. AMZN3 of 84.0%5.0% in XIGV

Alphabet Inc. (Class A) GOOGL3 of 83.9%4.3% in XIGV

SERVICENOW NOW2 of 84.5%5.0% in IGV

FORTINET FTNT2 of 83.8%3.8% in CLOD

DigitalOcean Holdings, Inc. DOCN2 of 83.1%3.3% in WCLD

DATADOG INC CLASS A DDOG2 of 83.0%3.1% in IGV

Netskope, Inc. (Class A) NTSK2 of 82.0%2.8% in SKYY

RUBRIK INC A RBRK2 of 81.6%2.1% in WCLD

PALANTIR TECHNOLOGIES CLASS A PLTR1 of 89.1%9.1% in IGV

SNOWFLAKE INC. 1 of 86.3%6.3% in CLOU

DATADOG, INC. 1 of 86.3%6.3% in CLOU

Cloud and software ETFs, the companies their ten largest holdings name. The 15 most widely held of 62. Source: each fund's latest SEC filing or its issuer’s own daily holdings file, read by ETFIQ.

How this is counted

Each row counts the ten largest holdings of each fund, so a fund missing from a row may still hold that company lower down. Weights are of the funds that name it, not of the theme.

Share already in the S&P 500

80.1%

39.6%

21.0%

33.1%

15.7%

51.0%

69.9%

90.8%

Share of each fund's weight in S&P 500 companies. Above half, the fund is mostly the S&P 500.

One year total return, the 7 with a full year

IGV

−4.5%not measured

SKYY

+21.8%+8.2 pts vs VOO

+5.6%not measured

+26.0%not measured

+28.5%not measured

+46.9%not measured

+1.1%not measured

Dark line: the S&P 500 over the same days, +13.5%. Last column: the gap to each fund's own benchmark, in points.

The 8 largest cloud computing ETFs

ETFIQ covers 8 cloud computing ETFs. The largest are IGV ($14.3bn), SKYY ($3.5bn) and XSW ($498m); fees run 0.35% to 0.68%, as of Oct 26, 2026.

1IGV$14.3bn0.38%iShares Expanded Tech-Software Sector ETF
2SKYY$3.5bn0.60%First Trust Cloud Computing ETF
3XSW$498m0.35%State Street SPDR S&P Software & Services ETF
4CLOU$414m0.68%Global X Cloud Computing ETF
5WCLD$245m0.45%WisdomTree Cloud Computing Fund
6FCLD$147m0.39%Fidelity Cloud Computing ETF
7CLOD$2.2m0.35%Themes Cloud Computing ETF
8XIGV$229,1090.65%Defiance US 100 Tech Ex Software ETF

Every cloud computing ETF, largest first

Click a column to sort

Net assets

Points (pts) are percentage points.

Cloud computing ETFs: what each one holds
Ticker	Fund	Issuer	Net assets ↓	In the S&P 500	Active share	Total return 1Y	vs its benchmark 1Y	Fee
IGV	iShares Expanded Tech-Software Sector ETF	iShares	$14.3bn	80.1%	92.4%	−4.5%	not measured	0.38%
SKYY	First Trust Cloud Computing ETF	First Trust	$3.5bn	39.6%	86.2%	+21.8%	+8.2 pts vs VOO	0.60%
XSW	State Street SPDR S&P Software & Services ETF	State Street	$498m	21.0%	95.6%	+5.6%	not measured	0.35%
CLOU	Global X Cloud Computing ETF	Global X	$414m	33.1%	93.4%	+26.0%	not measured	0.68%
WCLD	WisdomTree Cloud Computing Fund	WisdomTree	$245m	15.7%	98.2%	+28.5%	not measured	0.45%
FCLD	Fidelity Cloud Computing ETF	Fidelity	$147m	51.0%	91.6%	+46.9%	not measured	0.39%
CLOD	Themes Cloud Computing ETF	Themes	$2.2m	69.9%	86.7%	+1.1%	not measured	0.35%
XIGV	Defiance US 100 Tech Ex Software ETF	Defiance	$229,109	90.8%	60.4%	first traded 120 days ago	·	0.65%

Cloud computing ETFs: what each one holds, as of Oct 27, 2026. Source: ETFIQ.IGV SKYY XSW CLOU WCLD FCLD CLOD XIGV

How much of each pair is the same fund

The closest pair is CLOD and IGV, which hold 58% of their weight in the same companies. The furthest apart is WCLD and XIGV at 0%. The middle pair of the 28 is 24%.

IGV SKYY XSW CLOU WCLD FCLD CLOD XIGV IGV

23%

33%

19%

24%

25%

58%

SKYY

23%

26%

34%

41%

36%

30%

XSW

33%

26%

15%

39%

19%

16%

CLOU

19%

34%

15%

33%

35%

28%

WCLD

24%

41%

39%

33%

31%

22%

FCLD

25%

36%

19%

35%

31%

30%

CLOD

58%

30%

16%

28%

22%

30%

XIGV

Cloud computing ETFs, the share of each pair’s weight held in the same companies. Read across or down; the number is the same either way. Cells are shaded against the closest pair here, 58%. Source: each fund’s own filed or daily holdings, read by ETFIQ.

How to read the grid

Weight overlap adds the smaller of the two weights for every company both funds hold. Funds with a cut-short book are left out, not compared short.

What each fund holds alone

FundLargest holding only it hasWeightAll its own names

IGVDESCARTES SYSTEMS GROUP DSGX0.3%

0.7%

SKYYArista Networks, Inc. ANET3.0%

12.3%

XSWRAPID7 INC RPD1.2%

19.5%

CLOUSinch AB (publ)2.4%

5.2%

WCLDCELLEBRITE DI LTD CLBT1.5%

2.9%

FCLDSANDISK CORP/DE6.1%

17.4%

CLODSAP SE SAP3.5%

13.8%

XIGVApple Inc AAPL5.7%

87.5%

Cloud computing ETFs, the largest holding no other fund in the grid holds. Source: ETFIQ.

Questions people ask

How many cloud computing ETFs are there?: ETFIQ covers 8 US listed cloud computing ETFs as of Oct 27, 2026. That is every one it can measure from the fund’s own published holdings.
What is the largest cloud computing ETF?: IGV, iShares Expanded Tech-Software Sector ETF, at $14.3bn in net assets as of Oct 26, 2026, the largest of the 8 cloud computing ETFs with a published size.
What is the cheapest cloud computing ETF?: XSW, State Street SPDR S&P Software & Services ETF, at 0.35% a year by its prospectus filed Oct 24, 2025, the lowest fee of the 8 cloud computing ETFs that publish one.
Which cloud computing ETF has performed best over the past year?: FCLD, Fidelity Cloud Computing ETF, at +46.9% total return over the year to Oct 27, 2026, the highest of the 7 cloud computing ETFs with a full year of trading behind them. Past returns do not predict future ones.
What do cloud computing ETFs hold?: Funds that hold software companies that sell by subscription, and the businesses that run the cloud their software sits on. Between them the 8 cloud computing ETFs ETFIQ can read name 62 companies in their ten largest holdings, by holdings dated May 31, 2026 to Oct 26, 2026, most widely PALO ALTO NETWORKS, which is among the ten largest of 3 of them.
Do cloud computing ETFs hold the same companies?: It depends which two. Across the 28 pairs of the 8 cloud computing ETFs with a full published book, by holdings dated May 31, 2026 to Oct 26, 2026, CLOD and IGV hold 58% of their weight in the same companies, WCLD and XIGV hold 0%, and the middle pair holds 24%. Two funds sold on one theme are not the same fund.

What the issuers say about this theme

About these links

The issuers behind these cloud computing funds publish their own work on this theme. These are their pages and words, not ETFIQ’s. A fund company writing about a theme it sells is making a case.

iShares iShares Portfolio Insights ↗

First Trust First Trust Investment Insights ↗

Global X Global X Insights, including The Next Big Theme ↗

WisdomTree WisdomTree blog ↗

Themes Themes ETFs: why cloud computing ↗

Defiance Defiance Insights ↗

Issuer material on this theme. Links leave ETFIQ. Source: each issuer’s own site.

Where to next

The largest cloud computing ETFs→The cheapest cloud computing ETFs→The cloud computing ETFs least like the S&P 500→The cloud computing ETFs that returned most→The most concentrated cloud computing ETFs→Every thematic ETF414 →Compare two funds→The vocabulary→

Sources and dates

Fund holdings from SEC Form N-PORT and from the issuers’ own daily filessec.gov ↗

SEC EDGAR, full-text search of fund filingsefts.sec.gov ↗

SEC Form N-PORT, what a fund filed it holdssec.gov ↗

Rule 19a-1, what a distribution notice must sayecfr.gov ↗

Links are sources, not endorsements. Standards and sources →

Embed this chart

Free to use with the credit link. Paste this where the chart should go; it updates every trading night.

Cloud and software ETFs, one-year total return to Oct 27, 2026: FCLD +46.9%, WCLD +28.5%, CLOU +26.0%, SKYY +21.8%, XSW +5.6%, CLOD +1.1%, IGV −4.5%.

<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/themes/cloud"><img src="https://etfiq.com/assistant/api/embed/theme/cloud.svg" alt="Cloud and software ETFs, one-year total return to Oct 27, 2026: FCLD +46.9%, WCLD +28.5%, CLOU +26.0%, SKYY +21.8%, XSW +5.6%, CLOD +1.1%, IGV −4.5%." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">Cloud and software ETFs, one-year total return to Oct 27, 2026: FCLD +46.9%, WCLD +28.5%, CLOU +26.0%, SKYY +21.8%, XSW +5.6%, CLOD +1.1%, IGV −4.5%. Data: <a href="https://etfiq.com/themes/cloud">ETFIQ</a></figcaption>
</figure>

How to embed ETFIQ charts

Cite this pageCitation, APA and Markdown

ETFIQ, Cloud computing ETFs: what each one holds, data as of Oct 27, 2026. https://etfiq.com/themes/cloud

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.