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Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Cloud Computing ETF

SKYY | ETF

$116.97

$3.15 B

0.00%

0.60%

Vitals

YTD Return

33.4%

1 yr return

45.5%

3 Yr Avg Return

0.6%

5 Yr Avg Return

14.5%

Net Assets

$3.15 B

Holdings in Top 10

39.2%

52 WEEK LOW AND HIGH

$115.6
$80.15
$119.94

Expenses

OPERATING FEES

Expense Ratio 0.60%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Cloud Computing ETF

SKYY | ETF

$116.97

$3.15 B

0.00%

0.60%

SKYY - Profile

Distributions

  • YTD Total Return 33.4%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 14.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.16%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Cloud Computing ETF
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Jul 05, 2011
  • Shares Outstanding
    53800002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Stan Ueland

Fund Description

The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by Nasdaq, Inc. (the “Index Provider”). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to maintain Index integrity.The Index is designed to track the performance of companies involved in the cloud computing industry. According to the Index Provider, to be eligible for inclusion in the Index, a security must be issued by a “cloud computing” company, as classified by the Consumer Technology Association (the “CTA”). A security issued by a company engaged in one or more of the activities listed below is determined to be a cloud computing company:•Infrastructure-as-a-Service (“IaaS”): Companies that deliver cloud computing infrastructure – servers, storage, and networks – as an on-demand service.•Platform-as-a-Service (“PaaS”): Companies that deliver a platform for the creation of software in the form of virtualization, middleware, and/or operating systems, which is then delivered over the internet.•Software-as-a-Service (“SaaS”): Companies that deliver software applications over the internet enabling other companies to conduct their operations using the application.According to the Index Provider, in addition to comprising one of the three enumerated categories, a security must also meet the size, float and liquidity requirementsof the Index, be listed on an Index-eligible exchange and have seasoned for at least three months on an Index-eligible exchange in order to be eligible for inclusion in the Index. Additionally, in order to be eligible for inclusion in the Index, a security’s issuer must not be identified by the U.S. Securities and Exchange Commission as having used to audit its financial statements an accounting firm that has been identified by the Public Company Accounting Oversight Board (PCAOB) under the Holding Foreign Companies Accountable Act (HFCAA).According to the Index Provider, the Index employs a modified theme strength-weighted methodology that utilizes a security’s “cloud score.” A security’s cloud score is calculated by determining whether its issuing company qualifies as an IaaS, PaaS and/or SaaS. Companies are assigned a score of 3 if they qualify as an IaaS, a score of 2 if they qualify as a PaaS and a score of 1 if they qualify as a SaaS. A company can qualify as all three types. Therefore, a security can achieve a maximum cloud score of 6. Each security’s cloud score is divided by the total sum of the scores in the universe to determine the weight of each security. An issuer’s float adjusted market cap is also considered in determining the weight of each security. Individual security weights are capped at 4.5% and may not be lower than 0.25%. The Fund may also invest in companies with various market capitalizations, non-U.S. securities and depositary receipts. In order to gain exposure to certain Chinese companies that are included in the Fund’s Index but are unavailable to direct investment by foreign investors, the Fund may invest significantly in non-Chinese shell companies that have created structures known as variable interest entities (“VIEs”) in order to gain exposure to such Chinese companies.The Index is reconstituted and rebalanced quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance and reconstitution schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of December 31, 2023, the Fund had significant investments in information technology companies, although this may change from time to time. The Fund's investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of December 31, 2023. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
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SKYY - Performance

Return Ranking - Trailing

Period SKYY Return Category Return Low Category Return High Rank in Category (%)
YTD 33.4% -20.7% 60.5% 18.64%
1 Yr 45.5% -13.7% 78.8% 9.55%
3 Yr 0.6%* -33.7% 17.9% 72.22%
5 Yr 14.5%* -10.7% 32.3% 71.00%
10 Yr 15.7%* 1.2% 26.8% 63.40%

* Annualized

Return Ranking - Calendar

Period SKYY Return Category Return Low Category Return High Rank in Category (%)
2023 52.2% -5.6% 96.9% 37.90%
2022 -44.8% -73.9% -16.4% 74.07%
2021 9.8% -44.6% 51.5% 42.79%
2020 57.4% 5.5% 154.1% 19.90%
2019 24.6% -3.0% 63.7% 76.44%

Total Return Ranking - Trailing

Period SKYY Return Category Return Low Category Return High Rank in Category (%)
YTD 33.4% -20.7% 60.5% 18.64%
1 Yr 45.5% -13.7% 78.8% 9.55%
3 Yr 0.6%* -33.7% 17.9% 72.22%
5 Yr 14.5%* -10.7% 32.3% 71.00%
10 Yr 15.7%* 1.2% 26.8% 63.40%

* Annualized

Total Return Ranking - Calendar

Period SKYY Return Category Return Low Category Return High Rank in Category (%)
2023 52.2% -2.3% 96.9% 47.49%
2022 -44.7% -67.5% -5.9% 85.19%
2021 10.6% -17.8% 59.2% 75.35%
2020 57.8% 17.5% 157.5% 33.83%
2019 25.2% 7.5% 66.9% 94.24%

SKYY - Holdings

Concentration Analysis

SKYY Category Low Category High SKYY % Rank
Net Assets 3.15 B 4.67 M 81.2 B 23.98%
Number of Holdings 63 10 321 47.96%
Net Assets in Top 10 1.17 B 1.67 M 56.8 B 29.86%
Weighting of Top 10 39.17% 13.2% 100.0% 82.35%

Top 10 Holdings

  1. Oracle Corp 4.52%
  2. Arista Networks Inc 4.42%
  3. Amazon.com Inc 4.11%
  4. Microsoft Corp 4.04%
  5. Pure Storage Inc 4.00%
  6. Alphabet Inc 3.96%
  7. International Business Machines Corp 3.89%
  8. Nutanix Inc 3.86%
  9. MongoDB Inc 3.31%
  10. Cloudflare Inc 3.06%

Asset Allocation

Weighting Return Low Return High SKYY % Rank
Stocks 		99.97% 0.00% 100.77% 9.95%
Cash 		0.04% 0.00% 26.97% 85.97%
Preferred Stocks 		0.00% 0.00% 8.61% 56.11%
Other 		0.00% -0.04% 26.87% 57.01%
Convertible Bonds 		0.00% 0.00% 0.40% 45.70%
Bonds 		0.00% 0.00% 87.98% 45.70%

Stock Sector Breakdown

Weighting Return Low Return High SKYY % Rank
Technology 		83.32% 2.80% 100.00% 20.36%
Communication Services 		8.99% 0.00% 97.05% 55.66%
Consumer Cyclical 		7.17% 0.00% 32.97% 46.15%
Healthcare 		0.52% 0.00% 25.57% 42.53%
Utilities 		0.00% 0.00% 5.17% 43.44%
Real Estate 		0.00% 0.00% 15.05% 58.37%
Industrials 		0.00% 0.00% 38.68% 84.16%
Financial Services 		0.00% 0.00% 38.36% 85.52%
Energy 		0.00% 0.00% 1.24% 43.44%
Consumer Defense 		0.00% 0.00% 5.64% 50.23%
Basic Materials 		0.00% 0.00% 2.38% 49.32%

Stock Geographic Breakdown

Weighting Return Low Return High SKYY % Rank
US 		99.97% 0.00% 100.77% 7.69%
Non US 		0.00% 0.00% 63.81% 71.04%

SKYY - Expenses

Operational Fees

SKYY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.08% 5.04% 81.82%
Management Fee 0.60% 0.03% 1.95% 22.62%
12b-1 Fee 0.00% 0.00% 1.00% 14.75%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

SKYY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

SKYY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SKYY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.69% 281.00% 80.93%

SKYY - Distributions

Dividend Yield Analysis

SKYY Category Low Category High SKYY % Rank
Dividend Yield 0.00% 0.00% 7.82% 58.37%

Dividend Distribution Analysis

SKYY Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually SemiAnnual Annual

Net Income Ratio Analysis

SKYY Category Low Category High SKYY % Rank
Net Income Ratio 0.16% -2.30% 2.08% 16.13%

Capital Gain Distribution Analysis

SKYY Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

SKYY - Fund Manager Analysis

Managers

Stan Ueland

Start Date

Tenure

Tenure Rank

Jul 06, 2011

10.91

10.9%

Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.

Roger Testin

Start Date

Tenure

Tenure Rank

Jul 06, 2011

10.91

10.9%

Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.

Daniel Lindquist

Start Date

Tenure

Tenure Rank

Jul 06, 2011

10.91

10.9%

Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.

Jon Erickson

Start Date

Tenure

Tenure Rank

Jul 06, 2011

10.91

10.9%

Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.

David McGarel

Start Date

Tenure

Tenure Rank

Jul 06, 2011

10.91

10.9%

David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.

Chris Peterson

Start Date

Tenure

Tenure Rank

Mar 18, 2016

6.21

6.2%

Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.

Erik Russo

Start Date

Tenure

Tenure Rank

Feb 01, 2021

1.33

1.3%

Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 32.43 8.25 1.41

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