First Trust Cloud Computing ETF (SKYY)

Look-through valuation · Sector · Expense ratio 0.60 % · ISIN US33734X1928

SKYY First Trust Cloud Computing ETF SKYY overvalued

Holdings vs fair value −55.1 % weighted average

Quality 54/100 avg alpha quality

Expense ratio 0.60 % per year (TER)

Fund size $ 2.9B

The look-through covers 88 % of the fund by weight (48 of 50 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 2011)

Monthly close since 2011. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding	Weight	vs fair value	Quality
Arista Networks ANET	4.3 %	−75.1 %	72
Nutanix Inc NTNX	4.0 %	−80.0 %	50
Everpure, Inc. P	3.7 %	−80.0 %	54
Alphabet Inc Class A GOOGL	3.6 %	n/a	n/a
Amazon.com Inc AMZN	3.5 %	−49.9 %	53
MongoDB MDB	3.2 %	−73.1 %	51
Microsoft Corporation MSFT	3.2 %	−30.7 %	59
DigitalOcean Holdings Inc DOCN	3.1 %	−83.0 %	67
Cloudflare Inc NET	2.9 %	−80.0 %	40
International Business Machines IBM	2.8 %	−30.5 %	56
Cisco Systems Inc CSCO	2.5 %	−61.5 %	77
CoreWeave, Inc. Class A Common Stock CRWV	2.3 %	−41.8 %	13
Hewlett Packard Enterprise Co HPE	2.2 %	−80.0 %	52
Twilio Inc TWLO	2.2 %	−79.7 %	70
Oracle Corporation ORCL	2.1 %	−34.7 %	32
Akamai Technologies Inc AKAM	2.1 %	−56.0 %	62
Rubrik, Inc. RBRK	2.1 %	−83.0 %	43
ServiceTitan, Inc. Class A Common Stock TTAN	2.1 %	−40.0 %	43
Dell Technologies Inc DELL	2.1 %	−60.3 %	67
Fastly, Inc. Class A Common Stock FSLY	2.0 %	−80.0 %	55
Gitlab Inc GTLB	2.0 %	−52.5 %	48
Shopify Inc SHOP	2.0 %	−80.0 %	52
NetApp Inc NTAP	1.9 %	−20.9 %	79
Netskope, Inc. Class A Common Stock NTSK	1.9 %	−80.0 %	26
Workiva Inc WK	1.9 %	−53.6 %	47

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 50 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust Cloud Computing ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.