NCLD

The Roundhill Neocloud ETF is an actively managed exchange-traded fund designed to provide investors with targeted exposure to the emerging neocloud sector. The fund primarily invests in specialized technology companies that operate next-generation cloud infrastructure, including GPU-as-a-service platforms, advanced data centers, and distributed computing networks specifically engineered for artificial intelligence and high-performance computing workloads. As traditional cloud models face surging demand for heavy computational tasks, neocloud providers have emerged as critical infrastructure pillars by offering scalable, high-performance hardware rentals and specialized software ecosystems. By aggregating these high-growth infrastructure providers into a single portfolio, the fund captures the rapid expansion of specialized data center capabilities and modernized cloud architectures. The fund serves as a benchmark for the specialized hardware and infrastructure sector supporting modern machine learning, large language models, and data-intensive enterprise applications.