5 Software Picks To Buy While The Market Panics

2026-03-10 08:00:00 ET

Introduction

It’s not a secret to anyone that SaaS companies (software-as-a-service) were plunging this year in 2026, and this period has already gotten a name: the "SaaS-pocalypse." Basically, it means that between mid-January and mid-February, approximately $1 trillion in market value was wiped out from this industry. Even though the recovery has already begun, iShares Expanded Tech-Software Sector ETF ( IGV ) is down over 16% YTD, WisdomTree Cloud Computing Fund ETF ( WCLD ) is down by 15%, and Global X Cloud Computing ETF ( CLOU ) is down over 12%....

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