SKYY ETF

First Trust Cloud Computing ETF offers exposure to cloud computing, with significant gains but high valuation metrics and volatility, leading to a "hold" rating. SKYY's portfolio includes major players like Amazon, Alphabet, and Microsoft, but its equal weighting limits the impact of these "blue chips." The cloud computing industry is expected to grow at a 20.3% CAGR until 2030, with SaaS dominating and IaaS growing fastest.

Looking for broad exposure to the Technology - Cloud Computing segment of the equity market? You should consider the First Trust Cloud Computing ETF (SKYY), a passively managed exchange traded fund launched on 05/27/2011.

The First Trust Cloud Computing ETF (SKYY) was launched on 05/27/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Cloud Computing segment of the equity market.

Designed to provide broad exposure to the Technology ETFs category of the market, the First Trust Cloud Computing ETF (SKYY) is a smart beta exchange traded fund launched on 05/27/2011.

The cloud computing industry saw a dip in late 2021 to early 2023, but stocks and ETFs recovered well. But now, the risk is too high for me. SKYY ETF invests in companies involved in cloud computing, including top players like Amazon Web Services, Microsoft Azure, and Google Cloud Platform. Cloud computing offers benefits like cost savings, scalability, and remote access, but also presents security challenges and internet dependency.

The First Trust Cloud Computing ETF (SKYY) was launched on 05/27/2011, and is a smart beta exchange traded fund designed to offer broad exposure to the Technology ETFs category of the market.

Introduced on May 27, 2011, the First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund that aims to offer a comprehensive investment in the Technology - Cloud Computing sector through passive management.

Launched on 05/27/2011, the First Trust Cloud Computing ETF (SKYY) is a smart beta exchange traded fund offering broad exposure to the Technology ETFs category of the market.

Looking for broad exposure to the Technology - Cloud Computing segment of the equity market? You should consider the First Trust Cloud Computing ETF (SKYY), a passively managed exchange traded fund launched on 05/27/2011.