First Trust Cloud Etf Profile
| SKYY Etf | USD 120.94 3.32 2.82% |
Performance18 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 120.94 as of the 21st of November 2024; that is 2.82 percent increase since the beginning of the trading day. The etf's open price was 117.62. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for First Trust Cloud are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks and depositary receipts that comprise the index. Cloud Computing is traded on NASDAQ Exchange in the United States. More on First Trust Cloud
Moving together with First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [HAN-GINS Cloud Technology Equal Weight UCITS ETF - Accumulating, HAN-GINS Cloud Technology Equal Weight UCITS ETF - Accumulating EUR, HAN-GINS Cloud Technology Equal Weight UCITS ETF - Accumulating CHF, First Trust Cloud Computing] |
| Business Concentration | Information Technology ETFs, Sector ETFs, Technology, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2011-07-05 |
| Benchmark | ISE CTA Cloud Computing Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.47 Billion |
| Average Trading Valume | 128,510.4 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Information Technology |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Daniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Sep |
| Exchange | NASDAQ |
| Number of Constituents | 64.0 |
| Market Maker | Citadel |
| Total Expense | 0.6 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | 34.16 |
| Name | First Trust Cloud Computing ETF |
| Currency Code | USD |
| Open Figi | BBG001VDB4Z5 |
| In Threey Volatility | 24.26 |
| 1y Volatility | 15.4 |
| 200 Day M A | 97.187 |
| 50 Day M A | 106.67 |
| Code | SKYY |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
First Trust Cloud [SKYY] is traded in USA and was established 2011-07-06. The fund is listed under Technology category and is part of First Trust family. The entity is thematically classified as Information Technology ETFs. First Trust Cloud at this time have 2.95 B in assets. , while the total return for the last 3 years was 0.8%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Cloud Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
First Trust Cloud Currency Exposure
First Trust Cloud holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust Cloud.
Top First Trust Cloud Etf Constituents
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| ORCL | Oracle | Stock | Information Technology | |
| AKAM | Akamai Technologies | Stock | Information Technology | |
| HPE | Hewlett Packard Enterprise | Stock | Information Technology | |
| EQIX | Equinix | Stock | Real Estate | |
| TWLO | Twilio Inc | Stock | Information Technology | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| KC | Kingsoft Cloud Holdings | Stock | Industrials |
First Trust Top Holders
| SKYY | First Trust Cloud | Etf | CA Etf | |
| AGOX | Adaptive Alpha Opportunities | Etf | Tactical Allocation | |
| DALT | Regents Park Funds | Etf | Multistrategy |
First Trust Cloud Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1747 | |||
| Jensen Alpha | 0.1725 | |||
| Total Risk Alpha | 0.1364 | |||
| Sortino Ratio | 0.1453 |
First Trust Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in First Trust Cloud. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of First Trust Cloud is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.