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Upturn AI SWOT - About
First Trust Cloud Computing ETF (SKYY)
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Upturn Advisory Summary
09/12/2025: 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 38.37% | Avg. Invested days 43 | 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 09/12/2025 |
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. It provides exposure to companies involved in the cloud computing industry, including infrastructure-as-a-service, platform-as-a-service, software-as-a-service, and other related services.
Reputation and Reliability
First Trust is a well-established ETF provider with a solid reputation for offering innovative and thematic ETFs.
Management Expertise
First Trust has a dedicated team of investment professionals with experience in managing and tracking various market indices.
Investment Objective
Goal
The ETF aims 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 a specific index focused on cloud computing companies.
Composition The ETF primarily holds stocks of companies involved in the cloud computing sector.
Market Position
Market Share: SKYY holds a significant portion of the cloud computing ETF market, reflecting its early entry and strong brand recognition.
Total Net Assets (AUM): 3460000000
Competitors
Key Competitors
- Global X Cloud Computing ETF (CLOU)
- WisdomTree Cloud Computing Fund (WCLD)
- Simplify Cloud Computing ETF (CLOU)
Competitive Landscape
The cloud computing ETF market is competitive, with several ETFs vying for market share. SKYY benefits from its established presence and substantial AUM, while competitors attempt to differentiate through various index methodologies or cost structures. CLOU is also a strong contender with similar objectives. WCLD focuses on a revenue-weighted approach, which sets them apart.
Financial Performance
Historical Performance: Historical performance data should be sourced from financial data providers for specific time periods.
Benchmark Comparison: Benchmark comparison requires analyzing SKYY's returns against the ISE CTA Cloud Computing Index.
Expense Ratio: 0.06
Liquidity
Average Trading Volume
SKYY's trading volume is generally high, facilitating easy buying and selling of shares.
Bid-Ask Spread
The bid-ask spread for SKYY is typically narrow, indicating good liquidity and lower transaction costs.
Market Dynamics
Market Environment Factors
Growth in cloud adoption, digital transformation initiatives, and increasing demand for SaaS solutions drive the performance of SKYY.
Growth Trajectory
SKYY's growth is tied to the continued expansion of the cloud computing market and adjustments to its index composition.
Moat and Competitive Advantages
Competitive Edge
SKYY's competitive edge stems from First Trust's established brand, significant AUM, and a well-defined index that captures the core cloud computing ecosystem. The fund benefits from its early mover advantage and the widespread recognition of its underlying index. Its extensive trading volume and narrow bid-ask spread also offer cost-effective trading. However, its market-cap weighting may lead to concentration in larger, more established companies.
Risk Analysis
Volatility
SKYY's volatility is correlated to the broader technology sector and the performance of cloud computing companies.
Market Risk
Market risk includes factors like economic downturns, sector-specific slowdowns, and changes in investor sentiment toward technology stocks.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking targeted exposure to the cloud computing sector and is comfortable with the inherent risks of investing in a specific industry.
Market Risk
SKYY is suitable for investors with a long-term investment horizon who believe in the growth potential of the cloud computing market.
Summary
First Trust Cloud Computing ETF (SKYY) offers targeted exposure to the cloud computing sector, tracking the ISE CTA Cloud Computing Index. With substantial AUM and high trading volume, SKYY is one of the leading ETFs in this segment. The ETF suits investors seeking long-term growth opportunities in the cloud computing industry. However, market volatility, sector-specific risks, and expense ratio should be considered. The competitive landscape includes similar ETFs (CLOU, WCLD) which are worth analysis during investment decisions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
- Yahoo Finance
Disclaimers:
The data and analysis provided are for informational purposes only and do not constitute financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results.
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.
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