First Trust Cloud Computing ETFFirst Trust Cloud Computing ETFFirst Trust Cloud Computing ETF

First Trust Cloud Computing ETF

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Buy SKYY

Key stats


Assets under management (AUM)
‪3.10 B‬USD
Fund flows (1Y)
‪−414.84 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−0.01%

About First Trust Cloud Computing ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.60%
Inception date
Jul 5, 2011
Index tracked
ISE Cloud Computing Index
Management style
Passive
SKYY was the first mover in the ETFs space to offer exposure to cloud computing stocks. Its index takes all stocks that fall into any one of 3 groups per its definitions: Infrastructure as a Service (IaaS), Platform as a Service (PaaS) and Software as a Service (SaaS). The index applies additional size, liquidity, and tradability screens. The index assigns scores of 3, 2 and 1, respectively, to these groups. A stock can receive more than one assignment. A stocks weight in the index is its score divided by the sum of all scores which is then modified so that no single security exceeds 4.5% weight. Firm size (market cap) has no direct bearing in weighting. Prior to June 24, 2019 the fund tracked the ISE Cloud Computing Index which used a different methodology.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Software & services
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Stock breakdown by region
100%

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.