CLOD: THEMES CLOUD COMPUTING ETF
ETF Education Report: THEMES CLOUD COMPUTING ETF (CLOD)
What this ETF is trying to do
The THEMES CLOUD COMPUTING ETF (ticker: CLOD) is an exchange-traded fund that focuses on the cloud computing industry. It holds a variety of companies involved in this sector. This report uses data as of October 6, 2026.
What the numbers show
The current price of one share is $36.47. To understand how the price has moved, we can look at two different types of returns:
• Price Return: This measures only the change in the share price. The year-to-date (YTD) price return is approximately 12.07%. The one-year price return is approximately 1.86%.
• Total Return: This includes both the share price change and any distributions (cash payments) made to investors. The YTD total return is approximately 12.07%. The one-year total return is approximately 3.36%.
Because the one-year total return (3.36%) is higher than the one-year price return (1.86%), it shows that distributions added to the overall value over that period. We can also look at an estimated price from roughly one year ago, which was approximately $35.81.
Top Holdings
The following are the top holdings in this ETF. Please note that this is a partial list of the 57 total holdings:
• SALESFORCE INC (6.06%)
• SAP SE (5.53%)
• SERVICENOW INC (5.25%)
• MICROSOFT CORP (5.18%)
• CROWDSTRIKE HOLDINGS INC CLASS A (4.74%)
• PALO ALTO NETWORKS INC (4.68%)
• AMAZON.COM INC (4.18%)
• ORACLE CORP (4.16%)
• ADOBE INC (4.01%)
• SNOWFLAKE INC ORDINARY SHARES (3.80%)
Income and distribution explanation
This ETF provides a distribution yield of approximately 1.31%. This represents the cash distributions relative to the ETF price. The trailing distributions were approximately $0.48. It is important to remember that a distribution yield is not the same as total return. Distributions are cash payments, but they do not guarantee that your original investment (the principal) will stay the same value.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value, which is the actual value of the assets held by the fund. While a falling share price can sometimes be related to erosion, they are not the same thing. For this ETF, the erosion-risk score is 94, which is labeled as "Stable / sideways." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Pros
• The ETF has shown a positive year-to-date price return of approximately 12.07%.
• The erosion-risk measurements suggest a stable trend.
Cons
• The one-year price return has been relatively low at approximately 1.86%.
• The income rating grade is a "D."
Beginner takeaway
When looking at an ETF like CLOD, it is helpful to distinguish between price return (how much the share price moved) and total return (the price move plus any cash paid out). While this fund provides some income through distributions, the yield is relatively low compared to its total performance. Always remember that holdings can change over time.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | SALESFORCE INC | CRM | 6.06% |
| 2 | SAP SE | n/a | 5.53% |
| 3 | SERVICENOW INC | NOW | 5.25% |
| 4 | MICROSOFT CORP | MSFT | 5.18% |
| 5 | CROWDSTRIKE HOLDINGS INC CLASS A | CRWD | 4.74% |
| 6 | PALO ALTO NETWORKS INC | PANW | 4.68% |
| 7 | AMAZON.COM INC | AMZN | 4.18% |
| 8 | ORACLE CORP | ORCL | 4.16% |
| 9 | ADOBE INC | ADBE | 4.01% |
| 10 | SNOWFLAKE INC ORDINARY SHARES | SNOW | 3.80% |