SKYE.DE vs. ES6Y.DE
SKYE.DE (First Trust Cloud Computing UCITS ETF Acc) and ES6Y.DE (L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating) are both Technology Equities funds - SKYE.DE tracks the ISE Cloud Computing while ES6Y.DE tracks the Solactive Emerging Cyber Security. Both are passively managed. Over the past 3 years, SKYE.DE returned 22.28%/yr vs 33.66%/yr for ES6Y.DE. Their correlation of 0.85 suggests significant overlap in exposure. SKYE.DE charges 0.60%/yr vs 0.49%/yr for ES6Y.DE.
Performance
SKYE.DE vs. ES6Y.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SKYE.DE achieves a 14.41% return, which is significantly lower than ES6Y.DE's 59.99% return.
SKYE.DE
- 1D
- 0.22%
- 1M
- 17.87%
- YTD
- 14.41%
- 6M
- 12.76%
- 1Y
- 22.89%
- 3Y*
- 22.28%
- 5Y*
- 9.62%
- 10Y*
- —
ES6Y.DE
- 1D
- -0.82%
- 1M
- 24.88%
- YTD
- 59.99%
- 6M
- 53.39%
- 1Y
- 55.75%
- 3Y*
- 33.66%
- 5Y*
- —
- 10Y*
- —
SKYE.DE vs. ES6Y.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SKYE.DE First Trust Cloud Computing UCITS ETF Acc | 14.41% | -3.03% | 43.91% | 50.20% | -19.15% |
ES6Y.DE L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating | 59.99% | -9.21% | 34.05% | 51.62% | -18.28% |
Correlation
The correlation between SKYE.DE and ES6Y.DE is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022 | 0.85 |
The correlation between SKYE.DE and ES6Y.DE has been stable across timeframes, ranging from 0.79 to 0.85 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SKYE.DE vs. ES6Y.DE — Risk / Return Rank
SKYE.DE
ES6Y.DE
SKYE.DE vs. ES6Y.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Cloud Computing UCITS ETF Acc (SKYE.DE) and L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating (ES6Y.DE). 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.
| SKYE.DE | ES6Y.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.36 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 3.77 | -2.89 |
| Martin ratioReturn relative to average drawdown | 1.93 | 9.25 | -7.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SKYE.DE | ES6Y.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 2.18 | -1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.99 | -0.58 |
Drawdowns
SKYE.DE vs. ES6Y.DE - Drawdown Comparison
The maximum SKYE.DE drawdown since its inception was -49.90%, which is greater than ES6Y.DE's maximum drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for SKYE.DE and ES6Y.DE.
Loading charts...
Drawdown Indicators
| SKYE.DE | ES6Y.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.90% | -34.72% | -15.18% |
Max Drawdown (1Y)Largest decline over 1 year | -28.05% | -15.05% | -13.00% |
Max Drawdown (3Y)Largest decline over 3 years | -36.53% | -34.72% | -1.81% |
Max Drawdown (5Y)Largest decline over 5 years | -49.90% | — | — |
Current DrawdownCurrent decline from peak | -2.57% | -1.36% | -1.21% |
Average DrawdownAverage peak-to-trough decline | -19.98% | -9.52% | -10.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.77% | 6.15% | +6.62% |
Volatility
SKYE.DE vs. ES6Y.DE - Volatility Comparison
First Trust Cloud Computing UCITS ETF Acc (SKYE.DE) has a higher volatility of 11.20% compared to L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating (ES6Y.DE) at 10.01%. This indicates that SKYE.DE's price experiences larger fluctuations and is considered to be riskier than ES6Y.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SKYE.DE | ES6Y.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.20% | 10.01% | +1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 23.89% | 20.66% | +3.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.78% | 26.06% | +2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.94% | 26.64% | +2.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.39% | 26.64% | +1.75% |
SKYE.DE vs. ES6Y.DE - Expense Ratio Comparison
SKYE.DE has a 0.60% expense ratio, which is higher than ES6Y.DE's 0.49% expense ratio.
Dividends
SKYE.DE vs. ES6Y.DE - Dividend Comparison
Neither SKYE.DE nor ES6Y.DE has paid dividends to shareholders.
Frequently Asked Questions
SKYE.DE and ES6Y.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ES6Y.DE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ES6Y.DE is cheaper with a 0.49% expense ratio, compared with 0.60% for SKYE.DE.
SKYE.DE tracks ISE Cloud Computing, while ES6Y.DE tracks Solactive Emerging Cyber Security. They also come from different issuers: First Trust and Legal & General. Their fees differ too: 0.60% for SKYE.DE and 0.49% for ES6Y.DE.
Find the right allocation for SKYE.DE and ES6Y.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer