Already Up 129%, Rebalancing Could Make 'WCLD' Even Stronger

Already Up 129%, Rebalancing Could Make 'WCLD' Even Stronger


The
WisdomTree Cloud Computing ETF (WCLD) was the leader of cloud computing exchange traded funds last year and one of the best-performing technology ETFs of any stripe. The fund’s recent rebalancing could lead to more of the same this year.
The WisdomTree Cloud Computing Fund seeks to track the price and yield performance, before fees and expenses, of the BVP Nasdaq Emerging Cloud Index, an equally weighted index designed to measure the performance of emerging public companies focused on delivering cloud-based software to customers.
A prime advantage of WCLD is that it focuses on pure play cloud companies with fast-growing earnings and revenue profiles.

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