February 22, 2021
Cloud computing, lithium, and electric vehicles are driving activity for three funds from thematic ETF provider Global X. These funds have been posting high daily volume.
Global X Cloud Computing ETF (CLOU) is already up over 60% within the past year. The fund seeks to track the Indxx Global Cloud Computing Index, the fund holds a basket of companies that potentially stand to benefit from the continuing proliferation of cloud computing technology and services.
CLOUD gives ETF investors:
High Growth Potential: CLOU enables investors to access high growth potential through companies that are positioned to benefit from the increased adoption of cloud computing technology.