SKYY vs. DXYZ
SKYY (First Trust ISE Cloud Computing Index Fund) is Technology Equities fund tracking the ISE Cloud Computing Index, while DXYZ (Destiny Tech100 Inc) is a stock. Over the past year, SKYY returned 13.95% vs -28.04% for DXYZ. At a 0.43 correlation, their price movements are largely independent.
Performance
SKYY vs. DXYZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SKYY achieves a 3.03% return, which is significantly higher than DXYZ's -5.42% return.
SKYY
- 1D
- 0.18%
- 1M
- 6.69%
- YTD
- 3.03%
- 6M
- 1.79%
- 1Y
- 13.95%
- 3Y*
- 20.38%
- 5Y*
- 5.69%
- 10Y*
- 16.26%
DXYZ
- 1D
- -25.14%
- 1M
- -44.50%
- YTD
- -5.42%
- 6M
- -23.68%
- 1Y
- -28.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SKYY vs. DXYZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SKYY First Trust ISE Cloud Computing Index Fund | 3.03% | 9.20% | 24.26% |
DXYZ Destiny Tech100 Inc | -5.42% | -47.96% | 613.45% |
Correlation
The correlation between SKYY and DXYZ is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2024 | 0.43 |
The correlation between SKYY and DXYZ shifts across timeframes, from 0.32 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
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
SKYY vs. DXYZ — Risk / Return Rank
SKYY
DXYZ
SKYY vs. DXYZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust ISE Cloud Computing Index Fund (SKYY) and Destiny Tech100 Inc (DXYZ). 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.
| SKYY | DXYZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.03 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | -0.47 | +0.99 |
| Martin ratioReturn relative to average drawdown | 1.13 | -0.93 | +2.07 |
Loading charts...
Drawdowns
SKYY vs. DXYZ - Drawdown Comparison
The maximum SKYY drawdown since its inception was -53.20%, smaller than the maximum DXYZ drawdown of -90.35%. Use the drawdown chart below to compare losses from any high point for SKYY and DXYZ.
Loading charts...
Drawdown Indicators
| SKYY | DXYZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.20% | -90.35% | +37.15% |
Max Drawdown (1Y)Largest decline over 1 year | -27.39% | -59.33% | +31.94% |
Max Drawdown (3Y)Largest decline over 3 years | -31.80% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -53.20% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -53.20% | — | — |
Current DrawdownCurrent decline from peak | -13.63% | -70.97% | +57.34% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -68.37% | +57.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.34% | 30.12% | -17.78% |
Volatility
SKYY vs. DXYZ - Volatility Comparison
The current volatility for First Trust ISE Cloud Computing Index Fund (SKYY) is 13.09%, while Destiny Tech100 Inc (DXYZ) has a volatility of 52.18%. This indicates that SKYY experiences smaller price fluctuations and is considered to be less risky than DXYZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SKYY | DXYZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.09% | 52.18% | -39.09% |
Volatility (6M)Calculated over the trailing 6-month period | 23.88% | 85.74% | -61.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.45% | 101.63% | -73.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.67% | 165.45% | -134.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.90% | 165.45% | -138.55% |
Dividends
SKYY vs. DXYZ - Dividend Comparison
Neither SKYY nor DXYZ has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXYZ Destiny Tech100 Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SKYY First Trust ISE Cloud Computing Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.23% | 0.78% | 0.17% | 0.54% | 0.37% | 0.27% | 0.35% | 0.41% |
Frequently Asked Questions
SKYY and DXYZ have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DXYZ has higher volatility (52.18%) compared to SKYY (13.09%). In terms of maximum drawdown, SKYY dropped -53.20% vs DXYZ's -90.35%.
SKYY currently has the higher Sharpe Ratio (0.49 vs -0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SKYY and DXYZ
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