SKYY

First Trust Cloud Computing ETF
N/A

65
*Unless otherwise stated, data provided by FactSet.

SKYY Fund Description

The First Trust Cloud Computing ETF tracks a tiered equal-weighted index of companies involved in the cloud computing industry.

SKYY Factset Analytics Insight

SKYY is the only ETF on the market that focuses on cloud computing, but its complex methodology highlights the difficulty of capturing this particular space. It 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

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of September 20, 2018 the First Trust Cloud Computing ETF MSCI ESG Fund Quality Score is 6.25 out of 10.

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. SKYY ranks in the 75th percentile within its peer group and in the 76th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

SKYY CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SKYY 2.70% 2.24% 23.03% 35.71% 25.39% 17.87% --
SKYY (NAV) 2.76% 2.31% 23.14% 35.81% 25.43% 17.90% --
ISE Cloud Computing Index -- -- -- -- -- -- --
Thomson Reuters Global Technology -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SKYY Top 10 Countries

SKYY Top 10 Sectors

SKYY Top 10 Holdings [View All]

SKYY Summary Data

First Trust
07/05/11
Open-Ended Fund
0.60%
$2.02B
$14.26M
0.04%

SKYY Portfolio Data

$192.94B
49.53
4.46
0.27%
09/14/18
30

SKYY Index Data

Tiered
Market Cap
Thomson Reuters Global Technology

SKYY Portfolio Management

0.60%
--
--
--

SKYY Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

SKYY Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

SKYY Factset Analytics Block Liquidity

As of 09/21/18
5
4
3
2
1

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

257,026
$14.26M
229,719
$11.93M
0.04%
$0.02
0.05%
0.16% / -0.16%
None
100.00%
50,000
4.59
0.02%
0.12%
4,818
$56.31
5

SKYY Sector/Industry Breakdown


SKYY
Segment Benchmark
70.36%
55.73%
10.16%
17.98%
8.54%
4.96%
4.90%
--
4.82%
0.00%
1.22%
0.00%

SKYY TOP 10 HOLDINGS[View All]

4.69%
47.28%

SKYY Countries


SKYY
Segment Benchmark
89.48%
72.96%
4.69%
0.56%
4.49%
1.98%
1.33%
1.19%
--
0.03%
--
0.03%
--
0.05%
--
0.04%
--
0.83%
--
0.03%

SKYY Regions


SKYY
Segment Benchmark
94.17%
73.53%
4.49%
6.62%
1.33%
18.89%
--
0.94%
--
0.03%

SKYY Economic Development


SKYY
Segment Benchmark
98.67%
97.83%
1.33%
2.17%

SKYY Performance Statistics

0.85
1.04
1.06
1.10
0.41%
Thomson Reuters Global Technology

SKYY MSCI ESG Ratings

6.25 / 10
74.72
75.99
4.58%
18.75%
35.69

SKYY BENCHMARK COMPARISON HOLDINGS

30
1303
27
25.08%

SKYY BENCHMARK COMPARISON SUMMARY


SKYY
Segment Benchmark
30
1303
$192.94B
$328.14B
49.53
26.97
4.46
4.38
0.89%
1.24%
Medium
--

SKYY BENCHMARK COMPARISON MARKET CAP SIZE


SKYY
Segment Benchmark
72.20%
83.78%
26.62%
10.73%
1.19%
4.20%
0.00%
1.30%