Since Amazon (NASDAQ: AMZN) launched Amazon Web Services, or AWS, in the early 2000s, tech companies have been jockeying for cloud computing market share. But over the past year, for the stocks of ...
Zacks Investment Research on MSN

Cloud ETFs shine despite market selloff: Here's why

Cloud ETFs have been among the few winners amid the recent Iran tensions. The WisdomTree Cloud Computing Fund WCLD gained 9.2% over the past week (as of Mar. 6, 2026). The ETF added 3.6% on Mar.
The Global X Cloud Computing ETF, whose underlying index engages in rigorous construction, targets high-growth cloud computing stocks (mostly North American-based). CLOU’s concentrated, ...
CLOD gained 8.8% year-to-date versus Nasdaq-100’s 21.4% return, trailing by over 12 percentage points. Gartner forecasts enterprise software spending will grow 15.2% in 2026 to $1.43 trillion. CLOD ...
Investment Thesis: Although Wall Street’s success is majorly linked to the tech stocks’ outperformance, the cloud computing corner of the tech ETF world failed to live up to investors’ expectations.