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

Correlation

The correlation between SKYY and FDN is 0.80, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

SKYY vs. FDN - Performance Comparison

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

350.00%400.00%450.00%500.00%550.00%600.00%NovemberDecember2025FebruaryMarchApril
430.00%
510.25%
SKYY
FDN

Key characteristics

Sharpe Ratio

SKYY:

0.40

FDN:

0.62

Sortino Ratio

SKYY:

0.75

FDN:

1.00

Omega Ratio

SKYY:

1.10

FDN:

1.14

Calmar Ratio

SKYY:

0.38

FDN:

0.58

Martin Ratio

SKYY:

1.28

FDN:

2.08

Ulcer Index

SKYY:

9.40%

FDN:

7.50%

Daily Std Dev

SKYY:

29.82%

FDN:

25.40%

Max Drawdown

SKYY:

-53.20%

FDN:

-61.55%

Current Drawdown

SKYY:

-21.23%

FDN:

-14.15%

Returns By Period

In the year-to-date period, SKYY achieves a -13.26% return, which is significantly lower than FDN's -5.75% return. Both investments have delivered pretty close results over the past 10 years, with SKYY having a 13.30% annualized return and FDN not far behind at 13.04%.


SKYY

YTD

-13.26%

1M

-4.90%

6M

-1.85%

1Y

12.78%

5Y*

11.40%

10Y*

13.30%

FDN

YTD

-5.75%

1M

-1.73%

6M

5.17%

1Y

17.56%

5Y*

9.83%

10Y*

13.04%

*Annualized

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. FDN - Expense Ratio Comparison

SKYY has a 0.60% expense ratio, which is higher than FDN's 0.52% expense ratio.


Expense ratio chart for SKYY: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SKYY: 0.60%
Expense ratio chart for FDN: current value is 0.52%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FDN: 0.52%

Risk-Adjusted Performance

SKYY vs. FDN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SKYY
The Risk-Adjusted Performance Rank of SKYY is 5050
Overall Rank
The Sharpe Ratio Rank of SKYY is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of SKYY is 5252
Sortino Ratio Rank
The Omega Ratio Rank of SKYY is 5252
Omega Ratio Rank
The Calmar Ratio Rank of SKYY is 5151
Calmar Ratio Rank
The Martin Ratio Rank of SKYY is 4646
Martin Ratio Rank

FDN
The Risk-Adjusted Performance Rank of FDN is 6464
Overall Rank
The Sharpe Ratio Rank of FDN is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of FDN is 6565
Sortino Ratio Rank
The Omega Ratio Rank of FDN is 6565
Omega Ratio Rank
The Calmar Ratio Rank of FDN is 6666
Calmar Ratio Rank
The Martin Ratio Rank of FDN is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SKYY vs. FDN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust ISE Cloud Computing Index Fund (SKYY) and First Trust Dow Jones Internet Index (FDN). 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.


The chart of Sharpe ratio for SKYY, currently valued at 0.40, compared to the broader market-1.000.001.002.003.004.00
SKYY: 0.40
FDN: 0.62
The chart of Sortino ratio for SKYY, currently valued at 0.75, compared to the broader market-2.000.002.004.006.008.00
SKYY: 0.75
FDN: 1.00
The chart of Omega ratio for SKYY, currently valued at 1.10, compared to the broader market0.501.001.502.00
SKYY: 1.10
FDN: 1.14
The chart of Calmar ratio for SKYY, currently valued at 0.38, compared to the broader market0.002.004.006.008.0010.0012.00
SKYY: 0.38
FDN: 0.58
The chart of Martin ratio for SKYY, currently valued at 1.28, compared to the broader market0.0020.0040.0060.00
SKYY: 1.28
FDN: 2.08

The current SKYY Sharpe Ratio is 0.40, which is lower than the FDN Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of SKYY and FDN, 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 Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.40
0.62
SKYY
FDN

Dividends

SKYY vs. FDN - Dividend Comparison

Neither SKYY nor FDN has paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
SKYY
First Trust ISE Cloud Computing Index Fund
0.00%0.00%0.00%0.23%0.78%0.17%0.54%0.95%0.27%0.35%0.41%0.17%
FDN
First Trust Dow Jones Internet Index
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SKYY vs. FDN - Drawdown Comparison

The maximum SKYY drawdown since its inception was -53.20%, smaller than the maximum FDN drawdown of -61.55%. Use the drawdown chart below to compare losses from any high point for SKYY and FDN. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-21.23%
-14.15%
SKYY
FDN

Volatility

SKYY vs. FDN - Volatility Comparison

First Trust ISE Cloud Computing Index Fund (SKYY) has a higher volatility of 18.65% compared to First Trust Dow Jones Internet Index (FDN) at 16.32%. This indicates that SKYY's price experiences larger fluctuations and is considered to be riskier than FDN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
18.65%
16.32%
SKYY
FDN