ATLAS

First Trust Cloud Computing ETF (SKYY): outlook, holdings and fees

First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.60% and the yield is 0.00%. The ten largest holdings are 35% of the fund.

Fund data as of Oct 14, 2026 · Price Nov 2, 2026

ATLAS view on SKYY

Last price$156.76 (-1.9%)
ATLAS chance of a higher price in 1 month50%
Likely 1-month range (50%)$147.91 – $166.45
Normal 1-day range (±1σ)±2.0%
Distribution yield0.00% · quarterly

ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.

SKYY fund facts

IssuerFirst Trust
ThemeTechnology & innovation
Assets under management$3.6B
Expense ratio0.60%
Number of holdings50
Portfolio turnover42%
InceptionJul 5, 2011
ExchangeNASDAQ

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.

SKYY top holdings

HoldingSectorWeight
Everpure, Inc. PTechnology5.36%
DigitalOcean Holdings Inc DOCNTechnology4.16%
Arista Networks ANETTechnology3.47%
Nutanix Inc NTNXTechnology3.64%
Microsoft Corporation MSFTTechnology3.44%
Alphabet Inc Class A GOOGLCommunication Services3.27%
Amazon.com Inc AMZNConsumer Cyclical3.19%
International Business Machines IBMTechnology3.14%
Oracle Corporation ORCLTechnology3.19%
CoreWeave, Inc. Class A Common Stock CRWVTechnology2.63%

Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.

SKYY sector breakdown

SectorWeight
Technology89.0%
Communication Services7.3%
Consumer Cyclicals3.2%
Healthcare0.6%

By region: North America 99.0%, Europe Developed 1.0%.

SKYY returns and risk

Year to date+35.2%
1 year+28.0%
3 years (annualised)+33.0%
5 years (annualised)+9.8%
10 years (annualised)+18.9%
Volatility (3 years)26.6%
Sharpe ratio (3 years)0.90

Past returns do not guarantee future results.

SKYY: frequently asked questions

What does SKYY invest in?

First Trust Cloud Computing ETF invests in a portfolio of securities. Its largest holdings are Everpure, Inc. (5.4%), DigitalOcean Holdings Inc (4.2%), Arista Networks (3.5%), Nutanix Inc (3.6%), Microsoft Corporation (3.4%).

What is the SKYY expense ratio?

0.60% a year: about $60.00 for every $10,000 invested.

What is the SKYY dividend yield?

0.00%, paid quarterly. ATLAS does not hold the exact distribution dates for ETFs.

Will SKYY go up?

Nobody can know. The ATLAS model puts the chance of a higher price in one month at 50%, with a likely range (50%) of $147.91 to $166.45 from $156.76 today. It is a probability, not a prediction.

How has SKYY performed?

Year to date +35.2%, one year +28.0%, three years +33.0% a year, five years +9.8% a year. Past returns do not guarantee future results.

Similar ETFs: Technology & innovation

Educational information, not investment advice. Disclaimer

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