First Trust ISE Cloud Computing Index Fund (SKYY)

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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.

First Trust ISE Cloud Computing Index Fund (SKYY) has returned -15.93% so far this year and 6.97% over the past 12 months. Looking at the last ten years, SKYY has achieved an annualized return of 14.23%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Jul 6, 2011, SKYY's average daily return is +0.06%, while the average monthly return is +1.15%. At this rate, your investment would double in approximately 5.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +18.0%, while the worst month was Apr 2022 at -16.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SKYY closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +12.0%, while the worst single day was Mar 16, 2020 at -10.9%.

First Trust ISE Cloud Computing Index Fund has an annualized alpha of 0.28%, beta of 1.18, and R² of 0.68 versus S&P 500 Index. Calculated based on daily prices since July 07, 2011.

• This ETF captured 113.09% of S&P 500 Index gains and 109.58% of its losses — amplifying both gains and losses, but participating more in upside than downside.

SKYY has an expense ratio of 0.60%, placing it in the medium range.

SKYY ranks 17 for risk / return — in the bottom 17% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for First Trust ISE Cloud Computing Index Fund (SKYY) and compare them to a chosen benchmark (S&P 500 Index).

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.

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.

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.

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 23.77%.

The chart below shows the rolling one-month volatility.