Betashares Cloud Computing ETF (ASX:CLDD): How the Fund Provides Exposure to the Global Cloud Technology Sector

Sonal Goyal

04 August 2026 10:18 PM AEST

Betashares Cloud Computing ETF (ASX:CLDD): How the Fund Provides Exposure to the Global Cloud Technology Sector

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Key Highlights

Betashares Cloud Computing ETF (ASX:CLDD) provides exposure to global companies involved in cloud computing technologies and services.
The fund aims to track the Indxx Global Cloud Computing NTR USD Index before fees and expenses.
CLDD invests across businesses involved in cloud infrastructure, software platforms, data management, and digital services.
The ETF provides access to a portfolio of international technology companies through an ASX-listed investment structure.

Betashares Cloud Computing ETF (ASX:CLDD) is an exchange-traded fund focused on companies involved in the global cloud computing industry. The fund is designed to provide investors with exposure to businesses that support the shift toward cloud-based technology infrastructure, software delivery, and digital services.

The ETF was admitted to the Australian Securities Exchange in February 2021 and operates within the global technology equity category. Its investment objective is to deliver returns that track the performance of the Indxx Global Cloud Computing NTR USD Index before accounting for fees and expenses.

Rather than investing in a single technology company, CLDD provides access to a diversified group of businesses involved in different areas of the cloud computing ecosystem. This includes companies developing cloud software, providing infrastructure services, and supporting enterprise digital operations.

Cloud Computing Industry Exposure

Cloud computing has become a central component of modern technology infrastructure, allowing organisations to access computing resources, software applications, and data storage through internet-based platforms. Businesses across industries increasingly rely on cloud solutions to improve operational flexibility, manage data, and support digital applications.

CLDD focuses on companies positioned within this technology trend. The fund’s portfolio includes businesses involved in cloud software, cybersecurity, data analytics, communications platforms, and enterprise technology solutions.

The growth of cloud adoption has expanded demand for technology providers that enable businesses to operate through scalable digital systems. Cloud companies often serve enterprise customers seeking solutions for managing increasingly complex technology environments.

Investment Strategy and Index Methodology

The ETF follows an index-based approach designed to capture companies associated with cloud computing innovation. The underlying index selects companies that derive a significant portion of their business activities from cloud-related operations.

The fund does not concentrate on one specific type of cloud technology. Instead, it includes companies across various segments, such as cloud infrastructure providers, software-as-a-service businesses, data management platforms, and digital communication solutions.

This structure allows CLDD to provide exposure to a broad range of companies participating in the development and expansion of cloud technology globally.

Portfolio Composition and Geographic Exposure

CLDD maintains a globally focused portfolio, with the majority of its exposure allocated to United States-based technology companies. The fund also includes companies from regions such as Canada, China, Japan, and Sweden.

The portfolio is primarily concentrated in the technology sector, reflecting the nature of the cloud computing industry. Additional exposure comes from communication services, real estate-related technology infrastructure, and consumer technology businesses.

The ETF invests entirely in equities, providing direct exposure to listed companies operating within the cloud computing sector.

Major Holdings and Company Exposure

The fund includes a range of companies involved in different areas of cloud computing and digital technology. Major holdings include Snowflake, Datadog, DigitalOcean, Akamai Technologies, Twilio, ServiceNow, Cloudflare, Paycom Software, Workday, and Zoom Communications.

These businesses operate across different parts of the cloud ecosystem. Some provide enterprise software platforms, while others focus on cloud monitoring, cybersecurity, communications technology, workforce management solutions, or data infrastructure.

By combining multiple companies within the sector, CLDD provides exposure to various applications of cloud technology rather than relying on the performance of a single business model.

Role of Cloud ETFs in Technology Investing

Cloud-focused ETFs have become a way for investors to access companies benefiting from the broader digital transformation trend. The ETF structure enables exposure to a collection of businesses involved in cloud technology through a single investment product listed on the ASX.

The sector remains influenced by factors such as enterprise technology spending, software adoption, cybersecurity requirements, and ongoing demand for digital infrastructure. Companies within the cloud ecosystem continue to develop solutions aimed at improving efficiency, connectivity, and data management.

Investors following cloud technology ETFs generally examine portfolio composition, sector concentration, and the role of individual companies within the wider technology landscape.

Fund Structure and Management

Betashares Cloud Computing ETF operates with a management fee of 0.67% and is designed to provide access to global cloud computing companies through an exchange-traded structure.

The fund’s approach focuses on capturing exposure to companies connected with cloud technology development and adoption. Understanding the underlying businesses and their role within the digital economy is an important factor when assessing the characteristics of the ETF.

Conclusion

Betashares Cloud Computing ETF (ASX:CLDD) provides investors with exposure to a global portfolio of companies involved in cloud computing, software platforms, and digital infrastructure. Through its index-based approach, the ETF offers access to businesses supporting the continued adoption of cloud technology across industries. The fund’s relevance is linked to the ongoing development of cloud services, enterprise technology requirements, and the broader transition toward digital operating models.

FAQs

Q: What is Betashares Cloud Computing ETF (ASX:CLDD)?

A: Betashares Cloud Computing ETF is an exchange-traded fund that invests in global companies involved in cloud computing technologies and related services.

Q: What index does CLDD track?

A: CLDD aims to track the performance of the Indxx Global Cloud Computing NTR USD Index before fees and expenses.

Q: Does CLDD invest only in Australian technology companies?

A: No. CLDD provides global exposure, with a significant allocation to international technology companies, particularly those listed in the United States.

Q: What types of companies are included in CLDD?

A: The ETF includes companies involved in cloud software, data management, cybersecurity, digital infrastructure, and technology services.

Q: Why do investors consider cloud computing ETFs?

A: Cloud computing ETFs provide exposure to companies participating in the expansion of cloud-based technology, enterprise software adoption, and digital transformation.

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