Do CLOU and SKYY hold the same stocks?

By their latest filings, 33% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, CLOU or SKYY?

CLOU has 29% of its weight in S&P 500 names and SKYY has 41%, so CLOU differs more from the index.

Which is cheaper, CLOU or SKYY?

CLOU charges 0.68% a year and SKYY charges 0.60%, so SKYY is cheaper. Fees come from each fund's prospectus.

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CLOU vs SKYY: which is really different?

CLOU and SKYY hold 33% of their weight in the same names. Global X Cloud Computing ETF and First Trust Cloud Computing ETF.

29.0%

CLOU in the S&P 500

41.3%

SKYY in the S&P 500

+22.4%

CLOU total return, 1 year

+22.0%

SKYY total return, 1 year

CLOU · 1 year to Sep 30, 202671% of its weight is outside the S&P 500

29% of CLOU's weight is in S&P 500 companies and 71% is outside the index

SKYY · 1 year to Sep 30, 202659% of its weight is outside the S&P 500

41% of SKYY's weight is in S&P 500 companies and 59% is outside the index

ETFIQ Off-Index Score · CLOU scores higherHow much of it is not the index it is sold as an alternative to?

CLOU 30.8

SKYY 20.3

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, CLOU and SKYY hold 33% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 30, 2026.

50%

half

33% in common

Positions both hold, largest shared weight first

Holding CLOU SKYY

DIGITALOCEAN HOLDINGS INC 4.00% 4.19%

CLOUDFLARE INC - CLASS A 4.90% 2.64%

AKAMAI TECHNOLOGIES INC 2.99% 2.27%

TWILIO INC - A 5.71% 2.16%

FASTLY INC - CLASS A 2.44% 1.96%

MICROSOFT CORP 1.82% 3.51%

SHOPIFY INC - CLASS A 3.54% 1.75%

SERVICENOW INC 4.39% 1.57%

SALESFORCE INC 3.76% 1.55%

FIVE9 INC 1.59% 1.47%

WORKIVA INC 2.14% 1.45%

AMAZON.COM INC 1.36% 3.33%

Only in CLOU

PROCORE TECHNOLOGIES INC 2.64%

DIGITAL REALTY TRUST INC 2.53%

SINCH AB 2.11%

FRESHWORKS INC-CL A 1.90%

SPS COMMERCE INC 1.85%

C3.AI INC-A 0.95%

VNET GROUP INCORPORATION 0.94%

YEXT INC 0.49%

Only in SKYY

Everpure, Inc. (Class A) 4.89%

Arista Networks, Inc. 3.62%

Nutanix, Inc. (Class A) 3.57%

CoreWeave, Inc. (Class A) 2.97%

Lumen Technologies, Inc. 2.59%

Cisco Systems, Inc. 2.26%

MongoDB, Inc. 2.23%

Rubrik, Inc. (Class A) 2.14%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

33% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	CLOU	SKYY	CLOU	SKYY	CLOU	SKYY
3 months	+22.0%	+20.3%	+19.5 pts	+17.8 pts	+19.9 pts	+18.2 pts
6 months	+44.2%	+48.6%	+27.2 pts	+31.7 pts	+17.3 pts	+21.8 pts
1 year	+22.4%	+22.0%	+6.7 pts	+6.3 pts	−1.4 pts	−1.8 pts
3 years	+51.1%	+116.0%	−33.8 pts	+31.1 pts	−58.8 pts	+6.0 pts
Since launch CLOU Apr 2019 · SKYY Jul 2011	+92.7%	+736.3%	−100.7 pts	+92.7 pts	−223.0 pts	−608.6 pts

CLOU and SKYY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CLOU

Global X Cloud Computing ETF · Holds 40 stocks in cloud and software, 29% of its weight in S&P 500 companies

SKYY

First Trust Cloud Computing ETF · Holds 66 stocks in cloud and software, 41% of its weight in S&P 500 companies

Issuer Global X First Trust

Theme Cloud and software Cloud and software

In the S&P 500 29.0% 41.3%

Active share vs the S&P 500 94.6% 86.0%

In the Nasdaq-100 22.9% 21.0%

Holdings 40 66

Top ten, share of the fund 50.1% 36.1%

Expense ratio 0.68% 0.60%

Fee for the differing part 0.72% 0.70%

Total return, 1 year +22.4% +22.0%

vs the S&P 500 +6.7 pts +6.3 pts

vs the Nasdaq-100 −1.4 pts −1.8 pts

Below its high −9.9% −2.9%

Net assets $375m $3.3bn

CLOU and SKYY on the same fields, as of Sep 30, 2026. Source: ETFIQ.

CLOU in plain words

By weight, 29% of CLOU's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 50% of the fund across 40 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +22.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 6.7 pts. It sits 9.9% below its all-time high of Nov 4, 2021.

SKYY in plain words

By weight, 41% of SKYY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 36% of the fund across 66 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +22.0% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 6.3 pts.

Questions people ask

Do CLOU and SKYY hold the same stocks?: By their latest filings, 33% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CLOU or SKYY?: CLOU has 29% of its weight in S&P 500 names and SKYY has 41%, so CLOU differs more from the index.
Which is cheaper, CLOU or SKYY?: CLOU charges 0.68% a year and SKYY charges 0.60%, so SKYY is cheaper. Fees come from each fund's prospectus.

Other comparisons

CLOU vs FCLD CLOU vs IGV CLOU vs XIGV CLOU vs XSW SKYY vs WCLD SKYY vs XIGV SKYY vs XSW SKYY vs IGV

CLOU on its own →SKYY on its own →How every figure is computed →Standards and sources →

Where these figures came from

CLOU filings on SEC EDGAR ↗CLOU prospectus with the expense ratio (SEC) ↗Global X page for CLOU ↗SKYY filings on SEC EDGAR ↗SKYY prospectus with the expense ratio (SEC) ↗First Trust page for SKYY ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, CLOU against SKYY, data as of Sep 30, 2026. https://etfiq.com/compare/themes/clou-vs-skyy

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.