SKYY
First Trust Cloud Computing ETF
First Trust ISE Cloud Computing Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the ISE Cloud Computing Index.
US
EQUITY
Passive
MANAGEMENT STYLE
3.7 B
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
Fund sponsor | First Trust Advisors LP |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Jul 06, 2011 |
Assets (mns) | $3,734 |
Expense ratio | 60 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Tiered |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
APPLOVIN CORP. CLASS A | 5.3 % |
RUBRIK, INC. (CLASS A) | 5.0 % |
AMAZON.COM INC | 3.8 % |
ARISTA NETWORKS, INC. | 3.8 % |
PURE STORAGE, INC. CLASS A | 3.7 % |
ORACLE CORP | 3.7 % |
ALPHABET INC. CLASS A | 3.5 % |
INTL BUSINESS MACHINES CORP | 3.4 % |
MICROSOFT CORP | 3.2 % |
NUTANIX, INC. CLASS A | 3.2 % |
Constituent Breakdown
Number of holdings | 64 |
Herfindahl-Hirschman Index | 255 |
Wgt avg mkt cap (mns) | $315,120 |
Large cap (>$10bn) | 78.5% |
Mid cap ($2-10bn) | 19.6% |
Small cap (<$2bn) | 1.8% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 87.2 % | |
CANADA | 2.8 % | |
AUSTRALIA | 2.5 % | |
ISRAEL | 1.3 % | |
GERMANY | 1.2 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 38.0% | 47.7% | 38.8% | 4.0% | 14.9% | 16.0% | 15.4% | Volatility | 21.5% | 21.1% | 25.9% | 32.0% | 30.8% | 24.9% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.18 | 63% |
MSCI EAFE | 0.74 | 25% |
MSCI Emg Mkts | 0.64 | 18% |
Liquidity Measures
Avg. volume (000) | 220 |
Turnover | 0.7% |
Avg. Bid/Ask (% of price) | 0.06% |
ADV of underlying (mns) | $46,214 |
Technical Indicators
Recent close | $123.22 |
30d moving avg. | $123.17 |
Annualized volatility | 26.1% |
Relative strength (RSI) | 58 |
Short interest (ETF) | 0.7% |
Short interest (underlying) | 5.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. SKYY |
Expenses vs. SKYY |
ALTAR Score™ vs. SKYY |
---|---|---|---|---|
WFH | Direxion Work From Home ETF | 37.3% | -15 bp | +3.1% |
FCLD | Fidelity Cloud Computing ETF | 36.7% | -21 bp | +0.4% |
CLOD | Themes Cloud Computing ETF | 35.4% | -25 bp | -0.1% |
OGIG | ALPS O'Shares Global Internet Giants ETF | 35.0% | -12 bp | -0.8% |
WCLD | WisdomTree Cloud Computing Fund | 33.5% | -15 bp | -1.3% |
CLOU | Global X Cloud Computing ETF | 30.7% | +8 bp | -1.0% |
MVPS | Amplify Thematic All-Stars ETF | 29.6% | -11 bp | +0.2% |
AIQ | Global X Artificial Intelligence & Technology ETF | 29.2% | +8 bp | +1.1% |
AIVC | Amplify Bloomberg AI Value Chain ETF | 28.4% | -1 bp | +2.0% |
FDN | First Trust Dow Jones Internet Index Fund | 27.6% | -8 bp | +0.4% |
Risk and Returns: SKYY vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SKYY
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
SKYY
2.7%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.6%. SKYY's ALTAR Score™ is approximately
1.1 standard deviations
below
the category average. This places SKYY in the 13rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SKYYSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Passive US Equity ETFs |
# of ETFs | 192 |
Avg. Expense Ratio | 31.0 bp |
Std. Deviation | 25.7 bp |
SKYY (60 bp) Percentile rank | 87 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
SKYY | 60.0 | 5.7 | 65.7 |
Peer Avg. | 26.7 | 10.6 | 37.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .