First Trust Cloud Computing ETF (SKYY) offers exposure to the Technology - Cloud Computing sector

From Nasdaq: 2025-07-01 06:20:00

The First Trust Cloud Computing ETF (SKYY) was launched in 2011 as a passively managed fund offering exposure to the Technology – Cloud Computing sector. With over $2.95 billion in assets, SKYY seeks to match the performance of the ISE Cloud Computing Index, making it a popular choice for investors.

SKYY holds a Zacks ETF Rank of 1 (Strong Buy) and has a 0.60% expense ratio. The fund has a heavy allocation in the Information Technology sector and top holdings include Arista Networks, IBM, and Oracle. Performance-wise, SKYY has returned 11.27% this year and 29.02% in the last year.

Investors seeking exposure to the Technology ETFs segment may consider alternatives like the Global X Cloud Computing ETF (CLOU) and WisdomTree Cloud Computing ETF (WCLD), which have expense ratios of 0.68% and 0.45% respectively. SKYY remains a top choice due to its expected asset class return and momentum factors.

For more information on SKYY and other ETFs, visit the Zacks ETF Center for top news, analysis, and recommendations. Stay informed on the latest developments in ETF investing with Zacks’ free Fund Newsletter, delivering key ETF info straight to your inbox each week.



Read more at Nasdaq: Should You Invest in the First Trust Cloud Computing ETF (SKYY)?