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IDGT vs. SKYY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

IDGT vs. SKYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) and First Trust ISE Cloud Computing Index Fund (SKYY). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
17.92%
29.39%
IDGT
SKYY

Returns By Period

In the year-to-date period, IDGT achieves a 26.49% return, which is significantly lower than SKYY's 40.24% return. Over the past 10 years, IDGT has underperformed SKYY with an annualized return of 9.00%, while SKYY has yielded a comparatively higher 16.33% annualized return.


IDGT

YTD

26.49%

1M

0.86%

6M

17.92%

1Y

39.02%

5Y (annualized)

9.07%

10Y (annualized)

9.00%

SKYY

YTD

40.24%

1M

17.99%

6M

29.39%

1Y

53.29%

5Y (annualized)

15.72%

10Y (annualized)

16.33%

Key characteristics


IDGTSKYY
Sharpe Ratio2.172.48
Sortino Ratio2.963.09
Omega Ratio1.381.42
Calmar Ratio1.271.64
Martin Ratio7.5315.93
Ulcer Index5.18%3.34%
Daily Std Dev17.97%21.46%
Max Drawdown-77.95%-53.20%
Current Drawdown-3.47%0.00%

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IDGT vs. SKYY - Expense Ratio Comparison

IDGT has a 0.41% expense ratio, which is lower than SKYY's 0.60% expense ratio.


SKYY
First Trust ISE Cloud Computing Index Fund
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%
Expense ratio chart for IDGT: current value at 0.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.41%

Correlation

-0.50.00.51.00.8

The correlation between IDGT and SKYY is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

IDGT vs. SKYY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) and First Trust ISE Cloud Computing Index Fund (SKYY). 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.


Sharpe ratio
The chart of Sharpe ratio for IDGT, currently valued at 2.17, compared to the broader market0.002.004.002.172.48
The chart of Sortino ratio for IDGT, currently valued at 2.96, compared to the broader market-2.000.002.004.006.008.0010.0012.002.963.09
The chart of Omega ratio for IDGT, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.001.381.42
The chart of Calmar ratio for IDGT, currently valued at 1.27, compared to the broader market0.005.0010.0015.001.271.64
The chart of Martin ratio for IDGT, currently valued at 7.53, compared to the broader market0.0020.0040.0060.0080.00100.00120.007.5315.93
IDGT
SKYY

The current IDGT Sharpe Ratio is 2.17, which is comparable to the SKYY Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of IDGT and SKYY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.17
2.48
IDGT
SKYY

Dividends

IDGT vs. SKYY - Dividend Comparison

IDGT's dividend yield for the trailing twelve months is around 1.34%, while SKYY has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
IDGT
iShares U.S. Digital Infrastructure and Real Estate ETF
1.34%0.37%0.30%0.22%0.60%0.42%0.65%0.57%0.76%0.72%0.50%0.38%
SKYY
First Trust ISE Cloud Computing Index Fund
0.00%0.00%0.23%0.78%0.17%0.54%0.95%0.27%0.35%0.41%0.17%0.00%

Drawdowns

IDGT vs. SKYY - Drawdown Comparison

The maximum IDGT drawdown since its inception was -77.95%, which is greater than SKYY's maximum drawdown of -53.20%. Use the drawdown chart below to compare losses from any high point for IDGT and SKYY. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.47%
0
IDGT
SKYY

Volatility

IDGT vs. SKYY - Volatility Comparison

The current volatility for iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) is 5.54%, while First Trust ISE Cloud Computing Index Fund (SKYY) has a volatility of 7.27%. This indicates that IDGT experiences smaller price fluctuations and is considered to be less risky than SKYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
5.54%
7.27%
IDGT
SKYY