- ISIN
- US33734X1928
- CUSIP
- 33734X192
- Issuer
- First Trust
- Inception Date
- Jul 5, 2011
- Region
- North America (U.S.)
- Category
- Technology Equities, Cloud Computing
- Leveraged
- 1x (No leverage)
- Index Tracked
- ISE Cloud Computing Index
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $3B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
SKYY Performance Chart
First Trust ISE Cloud Computing Index Fund (SKYY) is down 0.4% since the beginning of the year. SKYY is currently trading at $130 per share. Investors who bought $1,000 worth of SKYY shares 5 years ago would now be looking at an investment worth $1,243.
Loading charts...
Returns By Period
First Trust ISE Cloud Computing Index Fund (SKYY) has returned -0.42% so far this year and 12.89% over the past 12 months. Looking at the last ten years, SKYY has achieved an annualized return of 16.19%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
First Trust ISE Cloud Computing Index Fund
- 1D
- -1.77%
- 1M
- -2.62%
- YTD
- -0.42%
- 6M
- -2.85%
- 1Y
- 12.89%
- 3Y*
- 20.61%
- 5Y*
- 4.44%
- 10Y*
- 16.19%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SKYY Monthly Returns History
Based on dividend-adjusted daily data since Jul 6, 2011, SKYY's average daily return is +0.06%, while the average monthly return is +1.25%. At this rate, an investment would double in approximately 4.6 years.
Historically, 61% of months were positive and 39% were negative. The best month was May 2026 with a return of +21.7%, 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.42% | -7.96% | -0.26% | 8.60% | 21.72% | -10.40% | -0.42% | ||||||
| 2025 | 7.73% | -8.28% | -13.14% | 1.80% | 10.28% | 5.99% | 1.20% | 3.62% | 5.38% | 6.00% | -9.58% | 0.96% | 9.20% |
| 2024 | 2.35% | 5.64% | 0.85% | -5.23% | -0.72% | 6.20% | -0.27% | 2.79% | 4.42% | 2.97% | 15.84% | -2.34% | 35.87% |
| 2023 | 11.18% | -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% |
| 2021 | 3.98% | 1.11% | -4.09% | 5.09% | -2.58% | 8.13% | -0.14% | 3.53% | -3.78% | 7.95% | -4.67% | -3.18% | 10.62% |
Benchmark Metrics
First Trust ISE Cloud Computing Index Fund has an annualized alpha of 0.46%, beta of 1.18, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since July 06, 2011.
- This ETF captured 116.88% of S&P 500 Index gains and 112.79% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- Alpha
- 0.46%
- Beta
- 1.18
- R²
- 0.67
- Upside Capture
- 116.88%
- Downside Capture
- 112.79%
Expense Ratio
SKYY has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SKYY ranks 14 for risk / return — in the bottom 14% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust ISE Cloud Computing Index Fund (SKYY) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SKYY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.37 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.47 | 2.78 | -2.31 |
| Martin ratioReturn relative to average drawdown | 1.03 | 12.44 | -11.41 |
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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.81 | $0.17 | $0.33 | $0.18 | $0.12 | $0.12 | $0.12 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.23% | 0.78% | 0.17% | 0.54% | 0.37% | 0.27% | 0.35% | 0.41% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $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 |
| 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 |
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.
Loading charts...
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 16.52%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -53.20%Dec 2022 | 1y 1mo | 1y 10mo | 2y 12moNov 2021 - Nov 2024 |
COVID crash2020 | -33.00%Mar 2020 | 25d | 2mo 7d | 3mo 2dFeb 2020 - May 2020 |
2025 selloff2025 | -31.80%Apr 2025 | 1mo 26d | 5mo 3d | 6mo 29dFeb 2025 - Sep 2025 |
2026 bear market2026 | -27.39%Apr 2026 | 5mo 7d | 1mo 19d | 6mo 26dNov 2025 - May 2026 |
2011 bear market2011 | -26.09%Aug 2011 | 1mo 12d | 6mo 1d | 7mo 13dJul 2011 - Feb 2012 |
Drawdown Indicators
| SKYY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.20% | -56.78% | +3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -27.39% | -9.10% | -18.29% |
Max Drawdown (3Y)Largest decline over 3 years | -31.80% | -18.90% | -12.90% |
Max Drawdown (5Y)Largest decline over 5 years | -53.20% | -25.43% | -27.77% |
Max Drawdown (10Y)Largest decline over 10 years | -53.20% | -33.92% | -19.28% |
Current DrawdownCurrent decline from peak | -16.52% | -1.80% | -14.72% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -10.71% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.50% | 2.03% | +10.47% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with SKYY
Add First Trust ISE Cloud Computing Index Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with SKYY