WisdomTree Cloud Computing Fund

WCLD

Market cap $248M

Enterprise software—large-scale tools designed for organizations and business clients—is experiencing a slump as providers and customers alike navigate the shifting AI landscape, the inertia baked into existing systems, and uncertainty about the future of software-as-a-service (SaaS) companies. This is reflected in the declines in the share prices of major providers like ServiceNow NYSE: NOW and IBM Corp. NYSE: IBM this year.

Launched on 09/06/2019, the WisdomTree Cloud Computing ETF (WCLD) is a smart beta exchange traded fund offering broad exposure to the Technology ETFs category of the market.

Enterprise digital transformation remains the primary driver of demand for public and hybrid cloud services.

Bitcoin's relative strength on Friday may offer a bullish clue for battered software shares — that is, if a past relationship still holds.

The WisdomTree Cloud Computing ETF (WCLD) was launched on September 6, 2019, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Cloud Computing segment of the equity market.

The 2026 'SaaS-pocalypse' triggered indiscriminate selloffs, but Intuit, Salesforce, Microsoft, Adobe, and Zeta Global present compelling recovery opportunities. AI disruption fears are overstated; Intuit, Zeta Global Holdings, and Microsoft leverage proprietary data moats, while Salesforce and Adobe adapt with hybrid and agentic models. INTU, CRM, and ZETA reported strong revenue growth, robust user metrics, and strategic AI integration, contradicting the market's pessimism.

Iran war volatility lifts oil and rattles stocks. But tech ETFs, powered by AI, cloud and cybersecurity demand, are emerging as surprising defensive plays.

Cloud ETFs are outperforming despite market jitters from Iran tensions, as AI-driven demand and strong earnings from key players lift the sector.

The WisdomTree Cloud Computing Fund (WCLD) gained 4.5%, putting the exchange-traded fund on track for its best day since April 24, when it jumped 4.7%. The rally in Okta comes after the identity security provider reported fourth-quarter results Wednesday evening that exceeded Wall Street's estimates.

Iran tensions rattle markets, but select sector ETFs stay resilient. Here are 5 funds gaining momentum amid volatility.