Roundhill Neocloud ETF (NCLD)

The Roundhill Neocloud ETF (NCLD) is a thematic equity fund from Roundhill Investments focused on so-called neocloud companies. The term generally refers to newer cloud providers that specialize in renting GPU computing capacity for artificial intelligence training and inference.

The fund invests in publicly traded companies tied to this specialized AI cloud infrastructure theme. Its portfolio is concentrated in a relatively small segment of the technology sector, so its holdings may be limited in number.