Skip to content
etf.net

SKYY

GradeBNASDAQ Global Market

First Trust Cloud Computing ETF

Themes · First Trust · Inception 2011-07-05 · SEC filings

$167.78+0.39 (+0.23%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: up, 59 prints from 167.39 to 167.78. Range 165.67 to 168.12. Use the arrow keys to read each point.$166.00$167.0010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$3.4B
1Y return
+20.8%
Yield · Last 12 months
0.00%
Holdings
65
Volume · 30D
0.3M sh
NAV per share
$168.19
52W range
low $103.76high $169.40

The ETF.net SKYY Grade

B

59/ 100

Rank 2 of 5 in Cloud & Software⁠

Confidence Low

Six-pillar profile for SKYY. Scores out of 100: Cost 35, Risk 63, Mission not scored, Tradability 88, Holdings 74, Durability 87. Strongest: Tradability (88). Weakest: Cost (35). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 59 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 35
    Category rank4/5 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 63
    Category rank2/5 · top 40%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 88
    Category rank1/5 · top 20%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 74
    Category rank2/5 · top 40%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 87
    Category rank1/5 · top 20%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on SKYY

ETF.net Research

BThe veteran cloud play. SKYY has tracked the ISE CTA Cloud Computing Index since 2011, bundling roughly 60 companies that rent out computing power instead of selling boxes.

Stated mandate

The Fund seeks results generally corresponding, before fees and expenses, to the price and yield of the ISE CTA Cloud ComputingTM Index. The index is designed to track companies involved in the cloud computing industry.

Why people hold it

  1. 01Trading since 2011, so its live record spans full market cycles instead of one hot stretch for the theme.
  2. 02A multi-billion-dollar fund that changes hands regularly, which generally means ordinary-size orders find a market without drama.
  3. 03Rules-based index, roughly 60 names: wide enough to spread the bet across cloud providers and users, tight enough to still feel like a theme.
  4. 04Sits in the upper half of its cloud-software peer group on our review.

Worth knowing

  1. 01At 0.60% a year it runs above the cloud cohort's median fee, and above FCLD (0.39%) and WCLD (0.45%).
  2. 02Not an income vehicle: distributions have not been part of the recent picture, so the whole story is price.
  3. 03One theme, roughly 60 mostly-tech stocks. It swings harder than a broad market fund, in both directions.

SKYY Holdings

As of Sep 21, 2026, 5:02 PM
Asset class
Stocks
Holdings
65
Top-10 weight
36%
Largest holding
DOCN4.1%

Sectors

  • Technology90.6%
  • Communication5.5%
  • Consumer Discr.3.1%
  • Health Care0.9%

Geography

  • United States91.33%
  • Australia2.87%
  • Canada2.27%
  • Israel1.52%
  • Germany1.26%
  • Netherlands0.74%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001DOCNDigitalOcean Holdings, Inc.4.13%1,049,896$137M163
002PEverpure, Inc. (Class A)3.94%1,250,274$130M257
003GOOGLAlphabet Inc. (Class A)3.62%342,458$120M704
004ANETArista Networks, Inc.3.58%593,862$118M490
005NTNXNutanix, Inc. (Class A)3.58%1,694,808$118M180
006ORCLOracle Corporation3.48%779,325$115M448
007IBMInternational Business Machines Corporation3.45%496,912$114M430
008AMZNAmazon.com, Inc.3.43%447,369$114M720
009MSFTMicrosoft Corporation3.42%229,086$113M792
010LUMNLumen Technologies, Inc.3.00%15,495,062$99M131
011CRWVCoreWeave, Inc. (Class A)2.81%1,140,819$93M242
012NETCloudflare, Inc. (Class A)2.49%253,925$82M273
013MDBMongoDB, Inc.2.48%213,609$82M271
014CSCOCisco Systems, Inc.2.32%701,197$77M567
015AKAMAkamai Technologies, Inc.2.26%713,270$75M253

Showing 1–15 of 66 holdings

SKYY Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SKYY$12,083
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SKYY $12,083. SPY $11,723. Use the arrow keys to read each point.$7,225$9,893$12,561Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SKYY. Periods over one year show the average yearly return.
PeriodSKYY
Year to date+28.7%
1 month+3.8%
3 months+29.2%
1 year+20.8%
3 years+30.4%per year
5 years+9.0%per year
10 years+17.6%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SKYY
YearReturn barSKYY
2026 YTD+28.7%
2025+9.2%
2024+35.9%
2023+52.2%
2022−44.7%
2021+10.6%
2020+57.8%

SKYY in the news

SKYY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2022

One bar per payment. 35 payments from 2013 to 2022. Jun 24, 2014 $0.01; Sep 23, 2014 $0.006; Dec 23, 2014 $0.03; Mar 25, 2015 $0.009; Jun 24, 2015 $0.03; Sep 23, 2015 $0.02; Dec 23, 2015 $0.06; Mar 23, 2016 $0.03; Jun 22, 2016 $0.04; Sep 21, 2016 $0.02; Dec 21, 2016 $0.03; Mar 23, 2017 $0.03; Jun 22, 2017 $0.05; Sep 21, 2017 $0.03; Dec 21, 2017 $0.01; Mar 22, 2018 $0.04; Jun 21, 2018 $0.05; Sep 14, 2018 $0.04; Dec 18, 2018 $0.04; Dec 28, 2018 $0.28; Mar 21, 2019 $0.12; Jun 14, 2019 $0.11; Sep 25, 2019 $0.05; Dec 13, 2019 $0.05; Mar 26, 2020 $0.04; Jun 25, 2020 $0.04; Sep 24, 2020 $0.04; Dec 24, 2020 $0.04; Mar 25, 2021 $0.06; Jun 24, 2021 $0.04; Sep 23, 2021 $0.04; Dec 23, 2021 $0.68; Mar 25, 2022 $0.08; Jun 24, 2022 $0.04; Sep 23, 2022 $0.01. Use the arrow keys to read each point.2013201420152016201720182019202020212022
Ex-datePay dateAmount per share
Sep 23, 2022Sep 30, 2022$0.01
Jun 24, 2022Jun 30, 2022$0.04
Mar 25, 2022Mar 31, 2022$0.08
Dec 23, 2021Dec 31, 2021$0.68
Sep 23, 2021Sep 30, 2021$0.04
Jun 24, 2021Jun 30, 2021$0.04
Mar 25, 2021Mar 31, 2021$0.06
Dec 24, 2020Dec 31, 2020$0.04
Sep 24, 2020Sep 30, 2020$0.04
Jun 25, 2020Jun 30, 2020$0.04
Mar 26, 2020Mar 31, 2020$0.04
Dec 13, 2019Dec 31, 2019$0.05

SKYY Risk

How much the fund’s monthly returns vary, scaled to a year.
26.7%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.87
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−53.2%
Trough Dec 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.26
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SKYY Cost

Expense ratio0.60%
  • The middle half of Cloud & Software funds
  • Median 0.45%

3 of the 5 Cloud & Software funds charge less.

SKYY costs $60.00 a year on $10,000. The median Cloud & Software fund costs $45.00.