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Upturn AI SWOT - About
First Trust Cloud Computing ETF (SKYY)
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Upturn Advisory Summary
07/29/2025: SKYY (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 38.62% | Avg. Invested days 46 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 07/29/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.12 | 52 Weeks Range 83.45 - 131.54 | Updated Date 06/29/2025 |
52 Weeks Range 83.45 - 131.54 | Updated Date 06/29/2025 |
Upturn AI SWOT
First Trust Cloud Computing ETF
ETF Overview
Overview
The First Trust Cloud Computing ETF (SKYY) seeks to track the performance of the ISE CTA Cloud Computing Index, providing exposure to companies involved in the cloud computing industry.
Reputation and Reliability
First Trust is a well-established ETF provider known for its thematic and factor-based ETFs.
Management Expertise
First Trust has a team of experienced portfolio managers and analysts focusing on specialized investment strategies.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield, before fees and expenses, of the ISE CTA Cloud Computing Index.
Investment Approach and Strategy
Strategy: The ETF tracks the ISE CTA Cloud Computing Index, a modified market capitalization-weighted index designed to track companies involved in the cloud computing industry.
Composition The ETF primarily holds stocks of companies providing cloud computing services and infrastructure.
Market Position
Market Share: SKYY holds a significant market share within the cloud computing ETF segment.
Total Net Assets (AUM): 3370000000
Competitors
Key Competitors
- WCLD
- CLOU
- IVV
Competitive Landscape
The cloud computing ETF market is moderately competitive, with several key players offering similar exposure. SKYY benefits from First Trust's established brand and a relatively long track record, while other ETFs may offer different weighting methodologies or narrower sector focuses. SKYY's broad index approach can be both an advantage and a disadvantage, offering diversification but potentially diluting exposure to the highest-growth companies.
Financial Performance
Historical Performance: The ETF has exhibited variable performance aligned with the cloud computing sector trends.
Benchmark Comparison: The ETF's performance is closely tied to the ISE CTA Cloud Computing Index.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The average trading volume of SKYY is moderate to high, facilitating relatively easy trading.
Bid-Ask Spread
The bid-ask spread is generally tight, indicating good liquidity and efficient trading.
Market Dynamics
Market Environment Factors
Economic growth, technological advancements, and increased adoption of cloud services drive the ETF's performance.
Growth Trajectory
The ETF's growth trajectory mirrors the expansion of the cloud computing market, with potential for further growth as cloud adoption continues to increase.
Moat and Competitive Advantages
Competitive Edge
SKYY's competitive advantage lies in its established brand and long-standing presence in the cloud computing ETF market. Its broad-based index provides diversified exposure to the sector, appealing to investors seeking a comprehensive approach. The ETF benefits from First Trust's marketing and distribution network. However, its market capitalization-weighted approach means that larger, more established companies have a greater influence on the fund's performance. This could potentially limit exposure to smaller, faster-growing cloud companies.
Risk Analysis
Volatility
The ETF exhibits moderate volatility, reflecting the growth-oriented nature of the cloud computing sector.
Market Risk
The ETF is subject to market risk, particularly related to the performance of the technology sector and investor sentiment towards cloud computing.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the high-growth cloud computing industry may find SKYY suitable.
Market Risk
SKYY is better suited for long-term investors who understand the risks and potential rewards of investing in the technology sector.
Summary
The First Trust Cloud Computing ETF (SKYY) offers investors exposure to a broad range of companies involved in the cloud computing industry. Tracking the ISE CTA Cloud Computing Index, it provides diversification within this dynamic sector. The ETF's performance is influenced by market trends, technological advancements, and overall economic conditions. While it carries moderate volatility, its long-term growth potential makes it appealing to investors seeking exposure to this growing segment of the technology market. Investors should consider their risk tolerance and investment objectives before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Bloomberg
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Cloud Computing ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.