FSKY.L vs. FOGB.L
FSKY.L (First Trust Cloud Computing UCITS ETF Class A USD Accumulation) and FOGB.L (Rize Sustainable Future of Food UCITS ETF A USD) are both Technology Equities funds - FSKY.L tracks the MSCI World/Information Tech NR USD while FOGB.L tracks the Rize Sustainable Future of Food UCITS ETF A USD. Both are passively managed. Over the past 5 years, FSKY.L returned 6.39%/yr vs -8.73%/yr for FOGB.L. At a 0.44 correlation, their price movements are largely independent. FSKY.L charges 0.60%/yr vs 0.45%/yr for FOGB.L.
Performance
FSKY.L vs. FOGB.L - Performance Comparison
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Returns By Period
In the year-to-date period, FSKY.L achieves a 4.41% return, which is significantly higher than FOGB.L's 3.33% return.
FSKY.L
- 1D
- -2.47%
- 1M
- -0.78%
- 6M
- 7.80%
- YTD
- 4.41%
- 1Y
- 13.09%
- 3Y*
- 18.87%
- 5Y*
- 6.39%
- 10Y*
- —
FOGB.L
- 1D
- -0.47%
- 1M
- 0.62%
- 6M
- -1.77%
- YTD
- 3.33%
- 1Y
- -4.66%
- 3Y*
- -5.08%
- 5Y*
- -8.73%
- 10Y*
- —
FSKY.L vs. FOGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FSKY.L First Trust Cloud Computing UCITS ETF Class A USD Accumulation | 4.41% | 1.06% | 37.83% | 47.12% | -39.21% | 12.29% | 9.91% |
FOGB.L Rize Sustainable Future of Food UCITS ETF A USD | 3.33% | -9.49% | -5.72% | -6.98% | -18.26% | 2.56% | 9.19% |
Correlation
The correlation between FSKY.L and FOGB.L is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020 | 0.44 |
Over the past year, the correlation between FSKY.L and FOGB.L has dropped to 0.14 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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Return for Risk
FSKY.L vs. FOGB.L — Risk / Return Rank
FSKY.L
FOGB.L
FSKY.L vs. FOGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Cloud Computing UCITS ETF Class A USD Accumulation (FSKY.L) and Rize Sustainable Future of Food UCITS ETF A USD (FOGB.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| FSKY.L | FOGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.98 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | -0.25 | +0.71 |
| Martin ratioReturn relative to average drawdown | 0.96 | -0.41 | +1.36 |
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Drawdowns
FSKY.L vs. FOGB.L - Drawdown Comparison
The maximum FSKY.L drawdown since its inception was -47.61%, which is greater than FOGB.L's maximum drawdown of -43.46%. Use the drawdown chart below to compare losses from any high point for FSKY.L and FOGB.L.
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Drawdown Indicators
| FSKY.L | FOGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.61% | -43.46% | -4.15% |
Max Drawdown (1Y)Largest decline over 1 year | -28.23% | -12.73% | -15.50% |
Max Drawdown (3Y)Largest decline over 3 years | -34.05% | -23.44% | -10.61% |
Max Drawdown (5Y)Largest decline over 5 years | -47.61% | -43.46% | -4.15% |
Current DrawdownCurrent decline from peak | -11.09% | -38.99% | +27.90% |
Average DrawdownAverage peak-to-trough decline | -16.01% | -24.51% | +8.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.66% | 7.79% | +5.87% |
Volatility
FSKY.L vs. FOGB.L - Volatility Comparison
First Trust Cloud Computing UCITS ETF Class A USD Accumulation (FSKY.L) has a higher volatility of 8.30% compared to Rize Sustainable Future of Food UCITS ETF A USD (FOGB.L) at 4.25%. This indicates that FSKY.L's price experiences larger fluctuations and is considered to be riskier than FOGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSKY.L | FOGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.30% | 4.25% | +4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 24.99% | 11.01% | +13.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.41% | 15.10% | +14.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.33% | 15.83% | +15.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.36% | 15.43% | +14.93% |
FSKY.L vs. FOGB.L - Expense Ratio Comparison
FSKY.L has a 0.60% expense ratio, which is higher than FOGB.L's 0.45% expense ratio.
Dividends
FSKY.L vs. FOGB.L - Dividend Comparison
Neither FSKY.L nor FOGB.L has paid dividends to shareholders.
Frequently Asked Questions
FSKY.L and FOGB.L have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FOGB.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FOGB.L is cheaper with a 0.45% expense ratio, compared with 0.60% for FSKY.L.
FSKY.L tracks MSCI World/Information Tech NR USD, while FOGB.L tracks Rize Sustainable Future of Food UCITS ETF A USD. They also come from different issuers: First Trust and Rize ETF. Their fees differ too: 0.60% for FSKY.L and 0.45% for FOGB.L.
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