Latest Cloud Technology ETF Monthly Report | HANetf

Cloud Technology ETF Key Takeaways | September

• SKYY’s 100 holdings ensures broader Global Cloud ecosystem coverage.  
• Equal Weight approach ensures 1% weight; at Rebalance twice annually. MegaCap just 13%.
• Top 5 & 10 weightings remain lower than competitors. (6.2% & 11.9% respectively)
• Largest 2023 contributors, many had returns above 50% – NVIDIA CORP (238%), FASTLY (190%), PALO ALTO NETWORKS (74%), SALESFORCE (67%), ADOBE (66%), ARISTA NETWORKS (61%), ALPHABET (54%), EXTREME NETWORKS (50%), AMD (63%), CROWDSTRIKE (55%) & SERVICENOW (52%).
• Monthly Contributors represent global mix (see below); 22.5% non-US holdings.
• Globally diversified - US 77.5%, China 8.7%, UK 3.0%, Japan 2.5% (Source: HANetf August 2023, SKYY Fact Sheet). 
• SKYY holdings fully representative of Global Cloud industry - SaaS, PaaS and IaaS.
• SKYY only Article 8 ESG complaint Cloud ETF and using a Global benchmark (US 81% weight).[1]
• SKYY benefits from Global Benchmark – with Asia boost as biggest per capital Cloud users.
• SKYY has lowest PE ratios, Price/Book and Price/Sales numbers – versus competitors.
• Asian Cloud still fastest growing per capita via speedy 5G – Mobile Gaming fastest growing gaming area

Source of all data: Gins Global / Solactive. Data as of 31.08.2023. Please note that all performance figures are showing net data. Past performance is not indicative of future performance and when you invest in ETFs, your capital is at risk. 

Marco Outlook

• Cloud Tech ETF up 28.9% in 2023 & 17.9% over 1yr.
• AI services ChatGPT & BARD – integrating into Cloud services by Microsoft/Azure, AWS, Google & Oracle.
• 50% of Corporate IT spend expected to move to Cloud by 2025. 
• AI, WFH & Megatrend boosting usage - Digital Tech Revolution converging around Cloud Computing.
• Cloud underpins Online Streaming, Gaming, Mobile, & Cybersecurity.
• Huge $75bn Microsoft-Activision Gaming deal going ahead - based on Cloud & Social Media usage.
• Just 25% of corporate workloads in the Public Cloud – huge upside.
• $1tn new Cloud Revenues expected by 2027. Large players still dominate.
• Highly regulated players see big Cloud adoption (Banks, Insurers, Healthcare & Public Sector/Governments.
• Cloud growing faster than most Tech areas; likely 5X size of Cybersecurity in next 3yrs.
• Asia has highest Cloud usage – per capita globally. (Digital Entertainment & Corporate)
• Cloud’s ongoing cost savings - boosting usage during Recessionary times.

Sources available upon request. Please note that all performance figures are showing net data. Past performance is not indicative of future performance and when you invest in ETFs, your capital is at risk. When you invest in ETFs your capital is at risk.

Cloud Technology ETF Top Contributors – August

 Source of all data: Solactive. Past performance is no guarantee of future performance. 

Cloud Technology ETF Performance
 As of 31.08.2023

Please note that all performance figures are showing net data. Source: Bloomberg / HANetf. Data as of 31/08/2023

Performance before inception is based on back tested data. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. When you invest in ETFs and ETCs, your capital is at risk.