{
 "ticker": "SKYY",
 "name": "First Trust Cloud Computing ETF",
 "issuer": "First Trust",
 "desk": "themes",
 "url": "https://etfiq.com/funds/skyy",
 "html": "https://etfiq.com/funds/skyy",
 "markdown": "https://etfiq.com/funds/skyy.md",
 "as_of": "2026-09-11",
 "verdict": "SKYY holds 64 stocks, and 61% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "38.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SKYY, already in the S&P 500: 38.9%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "86.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SKYY, active share vs the S&P 500: 86.3%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "33.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SKYY, top ten holdings: 33.6%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+17.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SKYY, total return, 1 year: +17.1%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$3.3bn",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "SKYY, net assets: $3.3bn (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.60%",
   "source": "485BPOS XBRL, Jan 28, 2026",
   "as_of": "2026-09-11",
   "sentence": "SKYY, expense ratio: 0.60% (485BPOS XBRL, Jan 28, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Cloud and software",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jul 6, 2011",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "38.9%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "86.3%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "19.8%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "84.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "33.6%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "64",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Nutanix, Inc. (Class A) 4.2%, Arista Networks, Inc. 4.0%, Everpure, Inc. (Class A) 4.0%, Microsoft Corporation 3.7%, Amazon.com, Inc. 3.1%, MongoDB, Inc. 3.1%, Alphabet Inc. (Class A) 3.0%, Cloudflare, Inc. (Class A) 2.9%, DigitalOcean Holdings, Inc. 2.8%, Atlassian Corporation (Class A) 2.8%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$3.3bn",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22126.2%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.60%",
   "source": "485BPOS XBRL, Jan 28, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.70%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "WCLD 40%, FCLD 36%, CLOU 35%, CLOD 32%, OGIG 31%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+18.2%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+14.9 pts",
   "Gap to Nasdaq-100": "+19.0 pts"
  },
  {
   "window": "6 months",
   "Total return": "+41.9%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+25.9 pts",
   "Gap to Nasdaq-100": "+21.2 pts"
  },
  {
   "window": "1 year",
   "Total return": "+17.1%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u22120.4 pts",
   "Gap to Nasdaq-100": "\u22125.9 pts"
  },
  {
   "window": "3 years",
   "Total return": "+98.5%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "+20.6 pts",
   "Gap to Nasdaq-100": "+3.4 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+708.2%",
   "S&P 500": "+643.4%",
   "Gap to S&P 500": "+64.8 pts",
   "Gap to Nasdaq-100": "\u2212586.8 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of SKYY is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 39% of SKYY by weight is stocks the S&P 500 already holds. Its active share against the index is 86%, so that share is the part doing something different."
  },
  {
   "q": "What does SKYY hold?",
   "a": "64 positions as published by its issuer for Sep 10, 2026, with the top ten at 34% of the fund. The largest are Nutanix, Inc. (Class A) at 4.2%, Arista Networks, Inc. at 4.0%, Everpure, Inc. (Class A) at 4.0%."
  },
  {
   "q": "Has SKYY beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 SKYY returned +17.1% with distributions reinvested, against +17.5% for the S&P 500, so it finished about even with the index by 0.4 points."
  },
  {
   "q": "What does SKYY cost?",
   "a": "The prospectus expense ratio is 0.60% a year. Because 86% of the fund differs from the S&P 500, the fee on that differing part works out at 0.70%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}