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

ETF Info

ISINUS33734X1928
CUSIP33734X192
IssuerFirst Trust
Inception DateJul 5, 2011
RegionNorth America (U.S.)
CategoryTechnology Equities, Cloud Computing
Index TrackedISE Cloud Computing Index
Home Pagewww.ftportfolios.com
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Growth

Expense Ratio

The First Trust ISE Cloud Computing Index Fund has a high expense ratio of 0.60%, indicating higher-than-average management fees.


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.


First Trust ISE Cloud Computing Index Fund

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

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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2024FebruaryMarchApril
28.40%
21.13%
SKYY (First Trust ISE Cloud Computing Index Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

First Trust ISE Cloud Computing Index Fund had a return of 5.26% year-to-date (YTD) and 49.27% in the last 12 months. Over the past 10 years, First Trust ISE Cloud Computing Index Fund had an annualized return of 14.18%, outperforming the S&P 500 benchmark which had an annualized return of 10.55%.


PeriodReturnBenchmark
Year-To-Date5.26%6.33%
1 month-3.73%-2.81%
6 months28.40%21.13%
1 year49.27%24.56%
5 years (annualized)9.10%11.55%
10 years (annualized)14.18%10.55%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20242.35%5.64%0.85%
2023-5.48%-3.73%12.08%7.03%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of SKYY is 78, placing it in the top 22% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of SKYY is 7878
First Trust ISE Cloud Computing Index Fund(SKYY)
The Sharpe Ratio Rank of SKYY is 8484Sharpe Ratio Rank
The Sortino Ratio Rank of SKYY is 7979Sortino Ratio Rank
The Omega Ratio Rank of SKYY is 8080Omega Ratio Rank
The Calmar Ratio Rank of SKYY is 6161Calmar Ratio Rank
The Martin Ratio Rank of SKYY is 8686Martin 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.


SKYY
Sharpe ratio
The chart of Sharpe ratio for SKYY, currently valued at 2.00, compared to the broader market-1.000.001.002.003.004.002.00
Sortino ratio
The chart of Sortino ratio for SKYY, currently valued at 2.56, compared to the broader market-2.000.002.004.006.008.002.56
Omega ratio
The chart of Omega ratio for SKYY, currently valued at 1.33, compared to the broader market1.001.502.001.33
Calmar ratio
The chart of Calmar ratio for SKYY, currently valued at 0.91, compared to the broader market0.002.004.006.008.0010.000.91
Martin ratio
The chart of Martin ratio for SKYY, currently valued at 10.40, compared to the broader market0.0010.0020.0030.0040.0050.0060.0010.40
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.91, compared to the broader market-1.000.001.002.003.004.001.91
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.77, compared to the broader market-2.000.002.004.006.008.002.77
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.001.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.46, compared to the broader market0.002.004.006.008.0010.001.46
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.61, compared to the broader market0.0010.0020.0030.0040.0050.0060.007.61

Sharpe Ratio

The current First Trust ISE Cloud Computing Index Fund Sharpe ratio is 2.00. A Sharpe ratio higher than 2.0 is considered very good.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
2.00
1.91
SKYY (First Trust ISE Cloud Computing Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust ISE Cloud Computing Index Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


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%0.94%0.27%0.35%0.40%0.16%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$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
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
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
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
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
2018$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$0.04$0.00$0.00$0.32
2017$0.00$0.00$0.03$0.00$0.00$0.05$0.00$0.00$0.02$0.00$0.00$0.01
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
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
2014$0.01$0.00$0.00$0.01$0.00$0.00$0.03

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-22.19%
-3.48%
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. The portfolio has not yet recovered.

The current First Trust ISE Cloud Computing Index Fund drawdown is 22.19%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-53.2%Nov 17, 2021280Dec 28, 2022
-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 5.85%, 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%NovemberDecember2024FebruaryMarchApril
5.85%
3.59%
SKYY (First Trust ISE Cloud Computing Index Fund)
Benchmark (^GSPC)