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

Performance

SKYY vs. BUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust ISE Cloud Computing Index Fund (SKYY) and Global X Cybersecurity ETF (BUG). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
27.28%
14.48%
SKYY
BUG

Returns By Period

In the year-to-date period, SKYY achieves a 37.95% return, which is significantly higher than BUG's 14.36% return.


SKYY

YTD

37.95%

1M

14.67%

6M

27.22%

1Y

50.78%

5Y (annualized)

15.35%

10Y (annualized)

16.13%

BUG

YTD

14.36%

1M

8.55%

6M

14.48%

1Y

29.60%

5Y (annualized)

15.24%

10Y (annualized)

N/A

Key characteristics


SKYYBUG
Sharpe Ratio2.411.39
Sortino Ratio3.011.87
Omega Ratio1.411.24
Calmar Ratio1.591.26
Martin Ratio15.444.72
Ulcer Index3.34%6.27%
Daily Std Dev21.41%21.30%
Max Drawdown-53.20%-41.66%
Current Drawdown0.00%-1.63%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SKYY vs. BUG - Expense Ratio Comparison

SKYY has a 0.60% expense ratio, which is higher than BUG's 0.50% 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 BUG: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Correlation

-0.50.00.51.00.9

The correlation between SKYY and BUG is 0.86, 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

SKYY vs. BUG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust ISE Cloud Computing Index Fund (SKYY) and Global X Cybersecurity ETF (BUG). 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 SKYY, currently valued at 2.37, compared to the broader market0.002.004.002.371.39
The chart of Sortino ratio for SKYY, currently valued at 2.98, compared to the broader market-2.000.002.004.006.008.0010.0012.002.981.87
The chart of Omega ratio for SKYY, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.411.24
The chart of Calmar ratio for SKYY, currently valued at 1.57, compared to the broader market0.005.0010.0015.001.571.26
The chart of Martin ratio for SKYY, currently valued at 15.18, compared to the broader market0.0020.0040.0060.0080.00100.0015.184.72
SKYY
BUG

The current SKYY Sharpe Ratio is 2.41, which is higher than the BUG Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of SKYY and BUG, 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 Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.37
1.39
SKYY
BUG

Dividends

SKYY vs. BUG - Dividend Comparison

SKYY has not paid dividends to shareholders, while BUG's dividend yield for the trailing twelve months is around 0.09%.


TTM2023202220212020201920182017201620152014
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%
BUG
Global X Cybersecurity ETF
0.09%0.11%1.56%0.66%0.46%0.24%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SKYY vs. BUG - Drawdown Comparison

The maximum SKYY drawdown since its inception was -53.20%, which is greater than BUG's maximum drawdown of -41.66%. Use the drawdown chart below to compare losses from any high point for SKYY and BUG. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-1.63%
SKYY
BUG

Volatility

SKYY vs. BUG - Volatility Comparison

First Trust ISE Cloud Computing Index Fund (SKYY) has a higher volatility of 7.25% compared to Global X Cybersecurity ETF (BUG) at 5.83%. This indicates that SKYY's price experiences larger fluctuations and is considered to be riskier than BUG 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
7.25%
5.83%
SKYY
BUG