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ALL
AUM
$3.10B
P/E ratio
37.2
Dividend yield
--
Expense ratio
0.6%
Beta
1.208948
Previous close
$134.42
Today's open
$134.20
Day's range
$131.16 - $134.20
52 week range
$85.38 - $143.74
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Headquarters
US
Exchange
NASDAQ Global Market
Issue type
Exchange-Traded Fund
Industries
Technology
5.66%
Is First Trust Cloud Computing ETF (SKYY) a Strong ETF Right Now?
The First Trust Cloud Computing ETF (SKYY) was launched on 05/27/2011, and is a smart beta exchange traded fund designed to offer broad exposure to the Technology ETFs category of the market.
Zacks Investment Research • Dec 11, 2025

Hot tech stock ETFs, from AI to quantum computing, have made investors lots of money. Is it time to sell?
Thematic ETFs tied to trends like artificial intelligence and quantum computing have drawn billions in new money into the market, and the portfolios have been rewarding investors with big gains. But ETF Action's Mike Akins warns that investors need to be mindful of significant risks within these newer portfolio categories, such as similarly branded AI funds, where performance differs by as much as 60% this year.
CNBC • Nov 14, 2025

Should You Invest in the First Trust Cloud Computing ETF (SKYY)?
If you're interested in broad exposure to the Technology - Cloud Computing segment of the equity market, look no further than the First Trust Cloud Computing ETF (SKYY), a passively managed exchange traded fund launched on May 27, 2011.
Zacks Investment Research • Nov 4, 2025

These 3 High-Momentum ETFs Are Riding the Tech Wave
The tech sector is among the best-performing corners of the market so far in 2025, with sector-wide returns of nearly 28% year-to-date (YTD) compared to over 17% for the overall S&P 500. In fact, the tech sector's performance—and the outsized returns of a handful of big names in particular—has been enough to prompt speculation among investors about an AI-related bubble that could be helping prop up other large chunks of the market that would otherwise be struggling.
MarketBeat • Oct 29, 2025

Further Rate Cuts Could Pave the Way for M&A ETFs
After holding steady for much of 2025, the U.S. Federal Reserve finally instituted the first rate cut of 25 basis points, which could help jumpstart more mergers and acquisitions (M&A) activity. Likewise, this and further rate cuts could benefit exchange traded funds (ETFs) that provide exposure to M&A dealmaking.
ETF Trends • Oct 6, 2025

SKYY: Wait For The Cloud Computing Dip
I rate SKYY a hold due to its strong cloud/A.I. growth prospects but high valuations make me cautious about buying now. SKYY is well-positioned with large-cap cloud leaders and benefits from digital transformation, but its top holdings concentration adds risk. The fund outperforms peers and should deliver double-digit growth, but high multiples mean volatility and sensitivity to interest rates.
Seeking Alpha • Aug 14, 2025

SKYY: Fits Between Mega Cap Safety And Growth Risk
First Trust Cloud Computing ETF offers a balanced cloud computing exposure, blending mega caps and growth names, making it a solid Buy within the competitive tech ETF landscape. The ETF's unique weighting methodology ensures diversification and avoids excessive concentration while still capturing key players like Amazon and Alphabet. Historical performance shows SKYY lags broader tech ETFs in downturns but is poised to benefit from future growth cycles, especially with embedded AI optionality.
Seeking Alpha • Aug 15, 2025

SKYY: The Best ETF For The Cloud Expansion
Cloud computing is rapidly expanding, with only 30% of workloads migrated and a projected 22% CAGR through 2030, making the sector highly attractive. I favor SKYY ETF for long-term investors due to its superior historical performance, strong liquidity, and balanced exposure to cloud market leaders and tech giants. SKYY's emphasis on mega-cap tech firms like MSFT, AMZN, and GOOGL provides diversification, lower volatility, and a safer investment profile than pure-play cloud ETFs.
Seeking Alpha • Jun 1, 2025

SKYY: Cloud Computing Isn't Going Away
SKYY has better performance and higher standard deviation than its competitors, but in my view, a well-balanced allocation of holdings. Pessimism prevails as the SKYY ETF plunges nearly 20% from its highs. The ETF price returns to the 200-day moving average, indicating a potential bottom zone. RSI and volume analysis seem to confirm.
Seeking Alpha • Mar 13, 2025

6 Tech ETFs That Are Up At Least 40% in 2024
Artificial Intelligence, Cryptocurrency and Fintech have pulled the strings of the tech boom this year.
Zacks Investment Research • Dec 23, 2024

¹ Disclosures

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