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First Trust ISE Cloud Computing Index Fund (SKYY)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US33734X1928

CUSIP

33734X192

Issuer

First Trust

Inception Date

Jul 5, 2011

Region

North America (U.S.)

Leveraged

1x

Index Tracked

ISE Cloud Computing Index

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Growth

Expense Ratio

SKYY features an expense ratio of 0.60%, falling within the medium range.


Expense ratio chart for SKYY: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SKYY vs. CLOU SKYY vs. WCLD SKYY vs. CIBR SKYY vs. FCLD SKYY vs. FDN SKYY vs. QQQ SKYY vs. VGT SKYY vs. VOO SKYY vs. BUG SKYY vs. ARKK
Popular comparisons:
SKYY vs. CLOU SKYY vs. WCLD SKYY vs. CIBR SKYY vs. FCLD SKYY vs. FDN SKYY vs. QQQ SKYY vs. VGT SKYY vs. VOO SKYY vs. BUG SKYY vs. ARKK

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust ISE Cloud Computing Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


300.00%350.00%400.00%450.00%500.00%550.00%JulyAugustSeptemberOctoberNovemberDecember
532.02%
342.86%
SKYY (First Trust ISE Cloud Computing Index Fund)
Benchmark (^GSPC)

Returns By Period

First Trust ISE Cloud Computing Index Fund had a return of 40.55% year-to-date (YTD) and 39.90% in the last 12 months. Over the past 10 years, First Trust ISE Cloud Computing Index Fund had an annualized return of 16.03%, outperforming the S&P 500 benchmark which had an annualized return of 11.06%.


SKYY

YTD

40.55%

1M

1.89%

6M

33.04%

1Y

39.90%

5Y*

15.56%

10Y*

16.03%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of SKYY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.35%5.64%0.85%-5.23%-0.72%6.20%-0.27%2.79%4.42%2.97%15.84%40.55%
202311.18%-1.51%6.06%-5.38%14.27%4.99%5.97%-0.20%-5.48%-3.73%12.08%7.03%52.18%
2022-11.19%-6.51%4.61%-16.28%-7.07%-6.37%6.60%-2.49%-11.79%6.12%-2.03%-8.28%-44.68%
20213.98%1.11%-4.09%5.09%-2.58%8.13%-0.14%3.53%-3.78%7.95%-4.67%-3.18%10.62%
20206.29%-7.48%-8.16%14.79%13.03%5.44%4.74%6.60%-5.59%-3.01%17.97%5.86%57.77%
201910.65%5.59%1.94%5.43%-7.29%2.81%1.52%-1.62%-2.16%1.91%6.19%-1.04%25.25%
20187.02%0.37%-1.68%3.45%4.41%1.79%0.41%6.16%0.13%-8.37%-0.21%-5.91%6.62%
20175.86%3.59%2.42%1.76%1.96%-1.47%3.49%1.37%1.17%4.68%3.69%0.91%33.46%
2016-9.12%0.48%7.90%-1.12%6.29%-3.41%8.27%3.82%1.47%0.91%0.61%-0.52%15.21%
2015-3.02%8.05%-1.78%4.34%0.20%-3.42%4.30%-5.85%-3.18%8.38%2.01%-2.93%6.02%
20140.98%5.30%-4.22%-4.62%2.79%2.04%-1.00%4.56%-2.09%0.26%3.42%0.25%7.33%
20137.35%-1.64%1.05%-0.75%3.23%-2.62%10.87%-1.71%6.90%1.18%1.40%5.02%33.62%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SKYY is 73, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SKYY is 7373
Overall Rank
The Sharpe Ratio Rank of SKYY is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of SKYY is 7474
Sortino Ratio Rank
The Omega Ratio Rank of SKYY is 7575
Omega Ratio Rank
The Calmar Ratio Rank of SKYY is 5959
Calmar Ratio Rank
The Martin Ratio Rank of SKYY is 8181
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust ISE Cloud Computing Index Fund (SKYY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SKYY, currently valued at 1.88, compared to the broader market0.002.004.001.882.10
The chart of Sortino ratio for SKYY, currently valued at 2.43, compared to the broader market-2.000.002.004.006.008.0010.002.432.80
The chart of Omega ratio for SKYY, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.331.39
The chart of Calmar ratio for SKYY, currently valued at 1.42, compared to the broader market0.005.0010.0015.001.423.09
The chart of Martin ratio for SKYY, currently valued at 12.19, compared to the broader market0.0020.0040.0060.0080.00100.0012.1913.49
SKYY
^GSPC

The current First Trust ISE Cloud Computing Index Fund Sharpe ratio is 1.88. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of First Trust ISE Cloud Computing Index Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.88
2.10
SKYY (First Trust ISE Cloud Computing Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust ISE Cloud Computing Index Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%0.20%0.40%0.60%0.80%1.00%$0.00$0.20$0.40$0.60$0.802014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017201620152014
Dividend$0.00$0.00$0.13$0.81$0.17$0.33$0.46$0.12$0.12$0.12$0.05

Dividend yield

0.00%0.00%0.23%0.78%0.17%0.54%0.95%0.27%0.35%0.41%0.17%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust ISE Cloud Computing Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.08$0.00$0.00$0.04$0.00$0.00$0.01$0.00$0.00$0.00$0.13
2021$0.00$0.00$0.06$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.68$0.81
2020$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.04$0.17
2019$0.00$0.00$0.12$0.00$0.00$0.11$0.00$0.00$0.05$0.00$0.00$0.05$0.33
2018$0.00$0.00$0.05$0.00$0.00$0.05$0.00$0.00$0.04$0.00$0.00$0.32$0.46
2017$0.00$0.00$0.03$0.00$0.00$0.05$0.00$0.00$0.03$0.00$0.00$0.01$0.12
2016$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.02$0.00$0.00$0.03$0.12
2015$0.00$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.02$0.00$0.00$0.06$0.12
2014$0.01$0.00$0.00$0.01$0.00$0.00$0.03$0.05

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.55%
-2.62%
SKYY (First Trust ISE Cloud Computing Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust ISE Cloud Computing Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust ISE Cloud Computing Index Fund was 53.20%, occurring on Dec 28, 2022. Recovery took 470 trading sessions.

The current First Trust ISE Cloud Computing Index Fund drawdown is 5.55%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-53.2%Nov 17, 2021280Dec 28, 2022470Nov 11, 2024750
-33%Feb 20, 202018Mar 16, 202048May 22, 202066
-26.08%Jul 8, 201131Aug 19, 2011124Feb 16, 2012155
-20.9%Dec 2, 201547Feb 9, 201682Jun 7, 2016129
-20.09%Aug 30, 201880Dec 24, 201840Feb 22, 2019120

Volatility

Volatility Chart

The current First Trust ISE Cloud Computing Index Fund volatility is 8.92%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.92%
3.79%
SKYY (First Trust ISE Cloud Computing Index Fund)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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