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As of September 15, 2026, First Trust Cloud Computing ETF (SKYY) trades at $162.77. RSI at 56 is in neutral territory, and the price is above its 50-day average of $151.00.
First Trust Cloud Computing ETF (SKYY)
First Trust Cloud Computing ETF NASDAQ
$162.77
4.300 (2.71%)
At close: Sep 14, 4:00 PM EDT
AI Analyst Consensus
75 / 100
The First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund designed to offer targeted exposure to companies operating within the cloud computing industry. The fund's strategy involves investing primarily in U.S. common stocks and depositary receipts that are involved in cloud infrastructure, software, and related services. This focus provides investors with access to the technology segment driving enterprise IT modernization, data storage, and digital platform services. SKYY's portfolio is composed of a mix of established technology firms and specialized cloud providers, reflecting the comprehensive ecosystem that underpins remote computing and internet-based applications. As of September 15, 2026, the ETF has amassed $3.39 billion in net assets and has a year-to-date return of 27.07%.
SKYY Price Analysis
Market Metrics
Open
$158.79
Day Range
$158.26 to $163.51
Prev Close
$158.47
Volume
554.8K
52-Week Range
$103.76 to $169.05
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.
Issuer
First Trust
Category
Technology
Inception
Jul 5, 2011
Expense ratio
0.60%
Net assets
$3.39B
NAV
$159.59
Distribution yield
0.00%
YTD return
27.07%
Turnover
30.00%
Sector weights
Healthcare
0.9%
Technology
90.6%
Consumer Cyclical
3.1%
Communication Services
5.5%
Trailing returns vs category
| Period | SKYY | Category |
|---|---|---|
| YTD | 27.07% | 13.51% |
| 1 month | 15.63% | 19.10% |
| 3 months | 14.39% | 10.83% |
| 1 year | 29.64% | 54.99% |
| 3 years | 27.22% | 27.86% |
| 5 years | 8.77% | 9.93% |
| 10 years | 17.60% | 19.36% |
Fund reference data as of Sep 15, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
SKYY Analysis
AI Technical Analysis
As of September 15, 2026, SKYY is trading above its 50-day Simple Moving Average of $151.00 and its 200-day Simple Moving Average of $130.41, signaling an upward trend. The 20-day Exponential Moving Average is at $159.45, also below the current price, reinforcing the bullish momentum. The Relative Strength Index (RSI) stands at 55.57, indicating a neutral momentum that is neither overbought nor oversold. The Commodity Channel Index (CCI) is at 10.00, suggesting that the price is near its historical average, without extreme deviation.
ProTips
- Monitor the concentration risk within the Technology sector; consider diversifying if sector-specific downturns are a concern.
- Keep an eye on the performance of SKYY relative to its category benchmark for insights into its effectiveness.
- The neutral RSI suggests potential for further price appreciation, but also warrants caution against overextension without further confirmation.
Market Outlook
The outlook for the First Trust Cloud Computing ETF (SKYY) remains positive, driven by the continued expansion of the cloud computing sector. With its price trading above key moving averages and a neutral RSI, the ETF is well-positioned for potential further gains. The underlying demand for cloud services, fueled by digital transformation initiatives across industries, is expected to sustain growth for its holdings. Over the next 6-12 months, SKYY could see continued appreciation, provided the technology sector remains favorable and there are no significant macroeconomic headwinds or sector-specific disruptions. Key factors to monitor include the pace of cloud adoption, competitive dynamics among major cloud providers, and any regulatory developments affecting the technology industry. A shift in investor sentiment towards risk-off or a slowdown in cloud spending could present challenges, but the long-term secular trend of cloud computing supports a constructive outlook for SKYY.
Market Correlations
How this etf moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)
+0.75
Strong correlation
Nasdaq 100 (QQQ)
+0.74
Strong correlation
Bitcoin (BTC)
+0.26
Weak correlation
Gold (XAU)
+0.06
Weak correlation
Check Custom Correlation
How does any other asset move with SKYY? One year of daily closes, Pearson correlation.
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Key Statistics
| Yield | 0.50% |
|---|---|
| Day High | $163.51 |
| Day Low | $158.26 |
| 52 Week High | 169.05 |
| 52 Week Low | 103.76 |
The First Trust Cloud Computing ETF (SKYY) is heavily concentrated in the Technology sector, with 90.55% of its assets allocated to this industry, followed by Communication Services at 5.51%. This high concentration reflects the specialized nature of the cloud computing theme. The fund's expense ratio is 0.60%, costing $60.00 per $10,000 invested. With net assets totaling $3.39 billion, SKYY is a substantial fund within its niche. The underlying sector benefits from ongoing digital transformation trends, driving demand for cloud infrastructure and services, which supports the fund's investment thesis.
Earnings & Growth Analysis
The underlying cloud computing sector is experiencing strong growth. Companies within this space are generally reporting strong revenue increases and expanding profitability as businesses continue to migrate operations to the cloud. This positive earnings trend among its constituents supports the fund's overall performance and outlook, suggesting continued demand for cloud-based solutions.
Key Risks
The primary risk for SKYY is its significant concentration in the Technology sector, with over 90% of assets dedicated to technology companies. This makes the fund vulnerable to sector-specific downturns or regulatory changes impacting the tech industry. Additionally, the fund's performance is closely tied to the growth and adoption rates of cloud computing technologies, making it susceptible to shifts in technological trends or competitive pressures within the cloud market.
Technical Indicators
| RSI (14) | 55.57 |
|---|---|
| MACD | 2.12 |
| SMA 50 | 151.00 |
| SMA 200 | 130.41 |
RSI
Neutral
SMA Cross
Bullish
Price vs SMA
Bullish
MACD
Bullish
Golden Cross in effect with the 50-day SMA ($151.00) above the 200-day SMA ($130.41), price action is firmly bullish above key moving averages.
SKYY Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative
2%
Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
Long entry pick an entry style
Conservative
$159.51
2% below current price (Pullback entry)
Lower risk, wait for pullback
Aggressive
$162.77
Buy at current price
Higher risk, immediate entry
Risk Management
STOP LOSS
$151.57
MAX LOSS
-5.0%
Volatility-Adjusted Stop Loss
Calculated based on RSI (55.6) and current market volatility
Profit Targets (Based on Conservative Entry)
TARGET 1
$167.49
+5% (Conservative)
+2.9% (Aggressive)
TARGET 2
$175.47
+10% (Conservative)
+7.8% (Aggressive)
TARGET 3
$183.44
+15% (Conservative)
+12.7% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
Calculate Your Trade
ETF Investment Disclaimer
This AI-generated analysis of SKYY is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on September 15, 2026.Growth of $10,000
A $10,000 investment in SKYY in September 2016 would be worth about $48,300 today, compared with about $35,344 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in SKYY today could grow to about $30,350 by 2036 in the base case, with a bull case near $91,295 and a bear case around $10,090. Projections are statistical simulations, not guarantees.
SKYY ETF Price Prediction: 2030
CleaRank's simulation projects a price near $254 for SKYY by 2030 in the base case, from $163 today (1.6x over 4 years). The downside path ends near $126. 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 | Downside (10th pct) | Base case | Upside (90th pct) |
|---|---|---|---|
| 2027 | $128 | $182 | $258 |
| 2028 | $124 | $203 | $333 |
| 2029 | $124 | $227 | $415 |
| 2030 | $126 | $254 | $509 |
| 2031 | $130 | $284 | $618 |
| 2032 | $135 | $317 | $744 |
| 2033 | $141 | $354 | $890 |
| 2034 | $148 | $396 | $1,059 |
| 2035 | $156 | $442 | $1,257 |
| 2036 | $164 | $494 | $1,486 |
Method: 10,000 simulated price paths using SKYY's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.
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Frequently Asked Questions
What is the expense ratio for the First Trust Cloud Computing ETF (SKYY)?
The expense ratio for SKYY is 0.60%, which translates to a cost of $60.00 per $10,000 invested. This fee covers the fund's management and operational costs.
What sectors does the First Trust Cloud Computing ETF (SKYY) primarily invest in?
SKYY is heavily concentrated in the Technology sector, holding approximately 90.55% of its assets. It also has smaller allocations to Communication Services (5.51%) and Consumer Cyclical (3.07%) sectors.
How has the First Trust Cloud Computing ETF (SKYY) performed against its category over different periods?
As of September 15, 2026, SKYY's year-to-date return is 27.07%, outperforming its category's 13.51%. Over the past year, the fund returned 29.64% compared to the category's 54.99%. Over three years, SKYY returned 27.22% versus the category's 27.86%, and over five years, it returned 8.77% against the category's 9.93%.
What is the price prediction for SKYY ETF in 2030?
Based on a Monte Carlo simulation, the projected base price for SKYY in 2030 is $253.77, with a downside projection of $126.46. These figures represent statistical simulation outcomes, not price targets or guarantees.
What are the key technical levels for the First Trust Cloud Computing ETF (SKYY)?
SKYY is currently trading above its 50-day SMA of $151.00 and its 200-day SMA of $130.41. The 20-day EMA is at $159.45. The RSI is at 55.57, indicating neutral momentum.
What is the dividend yield of the First Trust Cloud Computing ETF (SKYY)?
The First Trust Cloud Computing ETF (SKYY) has a dividend yield of approximately 0.50% and a dividend rate of $0.81.
What is the overview of the First Trust Cloud Computing ETF's strategy?
SKYY focuses on companies involved in the cloud computing industry, tracking the ISE CTA Cloud Computing Index. It invests in U.S. common stocks and depositary receipts tied to cloud infrastructure, software, and related services, providing targeted exposure to this technology segment.