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About First Trust Cloud Computing ETF Trust Units
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Inception date
Oct 29, 2014
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
FT Portfolios Canada Co.
ISIN
CA33745D1024
The fund was the first mover in the ETFs space to offer exposure to cloud computing stocks. Its index takes all stocks that fall into any one of three groups per its definitions: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). The index applies additional size, liquidity, and tradability screens. The index assigns scores of 3, 2 and 1, respectively, to these groups. A stock can receive more than one assignment. A stocks weight in the index is its score divided by the sum of all scores, which is then modified so that no single security exceeds 4.5% weight. Firm size (market cap) has no direct bearing in weighting.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.99%
Cash0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SKYY last dividends amounted to 0.07 CAD. The quarter before, the issuer paid 0.15 CAD in dividends, which shows a 114.29% decrease.
SKYY assets under management is 3.38 M CAD. It's fallen 3.14% over the last month.
SKYY fund flows account for 1.15 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
SKYY shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Oct 29, 2014, and its management style is Passive.
SKYY expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
SKYY follows the ISE CTA Cloud Computing Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SKYY invests in funds.
SKYY price has risen by 5.42% over the last month, and its yearly performance shows a 37.95% increase. See more dynamics on SKYY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.80% over the last month, showed a 9.49% increase in three-month performance and has increased by 36.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.80% over the last month, showed a 9.49% increase in three-month performance and has increased by 36.94% in a year.
SKYY trades at a premium (0.33%) meaning the ETF is trading at a higher price than the calculated NAV.