SKYY
First Trust Cloud Computing ETFSKYY Fund Description
SKYY tracks a tiered equal-weighted index of companies involved in the cloud computing industry.
SKYY Factset Analytics Insight
SKYY was first mover among cloud-computing ETFs. Its methodology highlights the difficulty of capturing this popular space. SKYY holds a mix of pure-play, non-pure-play and technology-conglomerate cloud computing companies, and weights each type of company equally within its category. SKYY allocates 10% of its portfolio to technology conglomerates that simply make use of cloud computing, and weights non-pure-play companies by their capitalization as a share of the overall market capitalization. The remainder of its portfolio covers pure-play companies. This takes SKYY far afield from our broader technology segment benchmark, tilting to midcaps with significant sector biases. SKYY can be traded safely with a bit of care, though occasionally significant spreads make limit orders advisable. Excellent primary liquidity should keep creations costs low. While SKYY isn't cheap, its fee is about average for a niche fund with a unique methodology and approach, and tracking is generally good.
SKYY MSCI ESG Analytics Insight
First Trust Cloud Computing ETF has an MSCI ESG Fund Rating of A based on a score of 6.84 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Cloud Computing ETF ranks in the 86th percentile within its peer group and in the 90th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SKYY CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
SKYY Top 10 Countries
SKYY Top 10 Sectors
SKYY Top 10 Holdings [View All]
SKYY Portfolio Data
SKYY Portfolio Management
SKYY Tax Exposures
SKYY Fund Structure
SKYY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SKYY. SKYY is rated a 5 out of 5.
SKYY Tradability
SKYY Sector/Industry Breakdown
SKYY
SKYY TOP 10 HOLDINGS[View All]
SKYY Countries
SKYY
SKYY Regions
SKYY
SKYY Economic Development
SKYY
SKYY Performance Statistics
SKYY MSCI ESG Ratings
SKYY BENCHMARK COMPARISON SUMMARY
SKYY
SKYY BENCHMARK COMPARISON MARKET CAP SIZE
SKYY
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.