SKYY

First Trust Cloud Computing

First Trust ISE Cloud Computing Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the ISE Cloud Computing Index.


4.8%

ALTAR Score™
Trend in ALTAR Score™
Percentile: 31st

UNDERWEIGHT

Recommendation
 
Fund Basics
Fund sponsorFirst Trust Advisors LP
CategoryUS Equities
Asset classEquity
Websitelink...
Inception dateJul 06, 2011
Assets (mns)$2,193
Expense ratio60 bp
CurrencyUSD
Constituent Breakdown
No. of constituents28
Herfindahl-Hirschman Index 427
Wgt avg mkt cap (mns)$219,476
Large cap (>$10bn)79.1%
Mid cap ($2-10bn)20.9%
Small cap (<$2bn)0.0%
Developed mkts.98.6%
Emerging mkts.1.4%
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionMarket Cap
WeightingTiered
Smart-betaYes
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
ZYNGA INC - CL A 7.0 %
VMWARE INC-CLASS A 6.0 %
FACEBOOK 5.4 %
NETFLIX INC 5.1 %
CISCO SYSTEMS INC 4.9 %
OPEN TEXT CORP 4.8 %
SAP AG-SPONSORED ADR 4.7 %
AKAMAI TECHNOLOGIES 4.7 %
EQUINIX INC 4.6 %
ORACLE CORP 4.6 %
Sector Breakdown
Country Exposure
UNITED STATES 86.9 %
CANADA 4.8 %
GERMANY 4.7 %
INDIA 1.4 %
ISRAEL 1.3 %
Historical Performance


Standardized Annual Returns (as of 04/30/2019)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
25.6% 22.5% 25.0% 28.3% 19.3% 0.0% 16.8%
Market Correlations
versus...BetaR-squared
S&P 5000.9563%
MSCI EAFE0.8750%
MSCI Emg Mkts0.5127%
Liquidity Measures
Avg. volume (000)256
Turnover0.7%
Avg. Bid/Ask (% of price)0.03%
ADV of underlying (mns)$31,466
Technical Indicators
Recent close$57.78
30d moving avg.$59.56
Annualized volatility13.0%
Relative strength (RSI)44
Short interest (ETF)0.6%
Short interest (underlying)0.0%
Distributions
Total Cost of Ownership Detail
  SKYY Difference
Fund expenses -- --
Bid/Ask spread -- --
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Total Cost of Ownership -- -- --

Total Cost of Ownership over Time


Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Alternative ETFs
Ticker Fund Name Overlap
vs. SKYY
Expenses
vs. SKYY
ALTAR Score™
vs. SKYY
TCLD Tortoise Cloud Infrastructure Fund 49.6% -20 bp +0.0%
IETC iShares Evolved U.S. Technology 33.4% -42 bp +0.1%
IGM iShares S&P N. American Technology 32.5% -13 bp -0.1%
XNTK SPDR NYSE Technology 32.2% -25 bp +0.9%
IYW iShares US Technology 29.4% -17 bp +0.7%
FDN First Trust DJ Internet 29.2% -7 bp -2.2%
AIQ Global X Future Analytics Tech 29.0% +8 bp 0.0%
GDAT Goldman Sachs Motif Data-Driven World 27.0% -10 bp +0.9%
QQQ Invesco QQQ 26.3% -40 bp +0.6%
KOIN Innovation Shares NextGen Protocol 26.2% +5 bp +0.5%
QYLD Global X NASDAQ 100 Covered Call ETF 26.2% 0 bp +0.2%
ENTR ERShares Entrepreneur 30 25.8% -11 bp -1.1%
LRGE ClearBridge Large Cap Growth ESG 25.5% -1 bp -0.7%
OGIG O'Shares Global Internet Giants 24.8% -12 bp -3.6%
JHMT John Hancock Multifactor Technology 23.4% -20 bp +1.5%
PXLG Invesco Fundamental Pure Large Growth 22.9% -21 bp +0.0%
IWY iShares Russell Top 200 Growth 22.8% -40 bp +0.7%
XLG Invesco S&P Top 50 22.5% -40 bp +0.8%
MGK Vanguard Mega Cap 300 Growth 22.1% -53 bp +0.4%
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy 21.8% +15 bp +0.7%

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Results & Estimates
  2014 2015 2016 2017 2018 2019E 2020E  
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only

Valuation Metrics
  2018 2019E 2020E
Price-to-sales --x --x --x
Price-to-earnings --x --x --x
Price-to-cash flow --x --x --x
Price-to-growth --x --x --x
Price-to-book value --x --x --x
Yield --% --% --%

Some content on this tab for Individual & Professional subscribers only

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

SKYY

4.8%

Cat. Avg

6.0%

Fund Category: US Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™4.8%
Recommendation

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

Category Overview
There are 678 funds in the US Equities category, with an average ALTAR Score™ of 6.0% and a standard deviation of 2.4%. SKYY's ALTAR Score™ is approximately 0.5 standard deviations below the category average. This places SKYY in the 31st percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Breakdown
Composite
SKYY
Peer Average
SELL
U/W
HOLD
O/W
BUY



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Today's Trading

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Where to Trade SKYY
Commission
on SKYY1
# of Commission
-free ETFs2
 
$0.00 2,326
$0.00 2,102
$0.00 308
$1.00 54
$4.95 500
$4.95 357
$4.95 114
$6.95 291
Notes: 1. Commission of $0.00 indicates the fund is on the firm's recently published "Commission Free" list. Non-zero commissions represent each firm's standard commission rate based on our periodic review of firms' websites. Your commission may vary depending on account type and other factors. "Commission Free" ETF trades may be subject to additional requirements including minimum holding periods. 2. Not a complete list. Subject to change.
Portfolio composition files licensed from DTCC. Fundamental data for individual fund constituents sourced from FactSet Research Systems.