By Jeremy Schwartz, CFA and Kara Marciscano, CFA
Cloud stocks are rolling into benchmark indexes.
Four of the pure-play cloud computing companies in the WisdomTree Cloud Computing Fund (WCLD) have been added to the S&P 500 and Nasdaq 100 indexes in the last year.
Last week, Nasdaq added DocuSign (DOCU), the cloud-based electronic signature platform, to the Nasdaq 100 Index in place of United Airlines (UAL).1
United Airlines was dropped from the index because its market-cap weight fell below the required threshold to remain included. DocuSign was selected as a replacement because it was