- The global cloud computing market is already huge (estimated at $371 billion in 2020) and is expected to grow at a CAGR of 17.5% through 2025.
- The WCLD ETF is significantly outperforming both the broad market indexes and its direct peer group as well.
- The portfolio is very well-diversified and its success does not depend on a handful of big positions.
- Don't look for leading cloud computing providers Amazon, Google and Microsoft in WCLD - they're not there. But if you have a well-diversified portfolio, you already have adequate exposure to them.
- I am bullish on the long-term potential of the WCLD ETF.
For further details see:
WCLD: Cloud Computing ETF Outperforming The Market, I'm Bullish