ETF·NASDAQ
First Trust Cloud Computing ETF (SKYY)
- Net assets
- $3.33B
- Expense ratio
- 0.60%
- Yield
- 0.00%
- 52-week range
- $103.76 $175.81
The short version
Where SKYY stands today, in four lines, and what CleaRank Financial AI makes of it.
SKYY at a glance
First Trust Cloud Computing ETF (SKYY): Sell, 35/100 on CleaRank's AI score.
- Trend Mixed: the price is above its 200-day but below its 50-day moving average ($134.65 and $163.90).
- Fund Expense ratio 0.60%, $3.3B in net assets, +22.0% total return over 1 year.
Figures as of October 16, 2026.
CleaRank Financial AI
The First Trust Cloud Computing ETF (SKYY) has experienced a recent downturn, trading below its 20-day EMA at $166.49 and its 50-day SMA at $163.90 as of October 16, 2026.
The fund's year-to-date return stands at 25.98%, but it has seen a -0.86% decline in the past month. SKYY's strategy focuses on companies within the cloud computing industry, encompassing infrastructure, software, and related services, aiming to capture growth in enterprise IT modernization and digital platform services. The ETF's portfolio is heavily concentrated in Technology, representing 87.84% of its assets, with smaller allocations to Communication Services (8.25%) and Consumer Cyclical (3.33%).
Only on CleaRank
Figures we compute ourselves from SKYY's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
3/4Price above its 50-day average ›
The price of $158.20 is 3.5% below the 50-day simple moving average of $163.90.Price above its 200-day average ›
The price is 17.5% above the 200-day simple moving average of $134.65.50-day average above the 200-day ›
The 50-day average ($163.90) is 21.7% above the 200-day average ($134.65), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 76% of its 52-week range, between $103.76 and $175.81.
SKYY share price
Pick a period: each tab shows how far SKYY has moved over it, to the last close.
Today's trading
Where SKYY sits inside today's range and its 52-week range.
Fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
2/4Expense ratio at or below 0.20% ›
The fund charges 0.60% a year, $60.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $3.3B.No sector above 35% of the fund ›
The largest sector, Technology, makes up 87.8% of the fund.Positive return over one year ›
The fund family reports a one-year total return of 21.95%.
SKYY Fund Facts
First Trust Cloud Computing ETF is an exchange-traded fund focused on companies involved in the cloud computing industry. It seeks to track the performance of the ISE CTA Cloud Computing Index by investing mainly in U.S. common stocks and depositary receipts tied to cloud infrastructure, software, and related services. The fund provides targeted exposure to a technology segment that supports enterprise IT modernization, data storage, software delivery, and digital platform services.
Sector weights
Trailing total returns
| Period | SKYY |
|---|---|
| YTD | 25.98% |
| 1 month | -0.86% |
| 3 months | 21.73% |
| 1 year | 21.95% |
| 3 years | 29.24% |
| 5 years | 9.41% |
| 10 years | 17.33% |
As of Oct 16, 2026, SKYY has an expense ratio of 0.60%, $3.33B in net assets and a distribution yield of 0.00%.
Fund reference data as of Oct 16, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
Key statistics
The headline figures for SKYY.
What the numbers say
CleaRank Financial AI's reading of SKYY's holdings, performance and risks.
The First Trust Cloud Computing ETF (SKYY) holds 99.99% in stocks, with a significant concentration in the Technology sector at 87.84%.
This focus provides targeted exposure to companies driving enterprise IT modernization and digital platform services. The fund's expense ratio is 0.60%, costing $60.00 per $10,000 invested. With net assets of $3.33 billion, SKYY is a substantial fund within its niche. The overview highlights its strategy to track the ISE CTA Cloud Computing Index, offering diversified access to the cloud ecosystem.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
2/3RSI not overbought or oversold ›
The 14-day RSI is 39.6, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 39.6 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is positive, so the 12-day average is above the 26-day average.
CleaRank AI analysis of SKYY
The score, the reasoning behind it, and what could move the price next.
As of October 16, 2026, SKYY's price is trading below its nearest resistance levels, the 20-day EMA at $166.49 and the 50-day SMA at $163.90.
The price is above the 200-day SMA at $134.65, suggesting a longer-term uptrend remains intact, but short-term momentum is negative. The 14-day RSI is at 39.57, indicating bearish momentum. The Stochastic indicator is at 3.88, also suggesting oversold conditions in the short term, while the CCI is at -147.24, further reinforcing bearish sentiment.
- Monitor SKYY's price action relative to its 50-day SMA ($163.90) for signs of trend continuation or reversal.
- Consider the high expense ratio (0.60%) when evaluating long-term investment potential.
Technical indicators
Momentum and trend for SKYY, from its daily closes.
As of October 16, 2026, with SKYY at $158.20, its 14-day RSI is 39.6 (showing bearish momentum without being oversold), its 50-day simple moving average is $163.90 and its 200-day is $134.65.
Calculated by CleaRank on daily closes as of October 16, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What SKYY moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 16, 2026, SKYY's 1-year correlation of daily returns is +0.74 with S&P 500 (SPY), +0.74 with Nasdaq 100 (QQQ), +0.39 with Bitcoin (BTC) and +0.07 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
SKYY trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Short entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from SKYY's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much SKYY tends to move, against the market and on its own.
The long record
SKYY's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
4/4Average daily move under 2% ›
The price has moved 1.84% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 53.2%, from November 2021 to December 2022, regained by November 2024.Most 1-year holds ended higher ›
82% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $51,651, against $42,525 in the S&P 500 (SPY).
SKYY Drawdowns & Recovery
As of October 16, 2026, SKYY's worst peak-to-trough fall over the last 10 years with dividends reinvested was -53.2% (November 2021 to December 2022); it regained that peak by November 2024, 23 months after the low, and 82% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into SKYY in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: SKYY beat the S&P 500 over this period: $51,651 against $42,525.
A $10,000 investment in SKYY in October 2016 would be worth about $51,651 today with dividends reinvested, compared with about $42,525 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to SKYY, and which have not.
Strongest month, January: an average of +4.45%, up in 8 of 10 years.
Weakest month, March: an average of -1.88%, up in 5 of 10 years.
This month, October: has averaged +1.28%, up in 6 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, SKYY's strongest calendar month has been January (average +4.45%, up in 8 of 10 years) and its weakest March (average -1.88%, up in 5 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in SKYY, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in SKYY today could grow to about $25,438 by 2036 in the base case, with a 90th-percentile outcome near $76,791 and a 10th-percentile outcome around $8,427. Projections are statistical simulations, not guarantees.
SKYY 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $230 for SKYY by 2030 in the base case, from $158 today (1.5x over 4 years). The 10th-percentile path ends near $114. These are outcomes of a Monte Carlo simulation run on SKYY's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $122 | $174 | $246 | |
| 2028 | $116 | $191 | $313 | |
| 2029 | $114 | $209 | $383 | |
| 2030 | $114 | $230 | $462 | |
| 2031 | $116 | $252 | $551 |
Method: a lognormal simulation of SKYY's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 16, 2026.