Premium Access    ETF Search:   

First Trust ISE Cloud Computing Index ETF (SKYY)

     3mo     6mo     1yr
Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Avg Vol67k
52 wk High28.83
52 wk Low24.53
Inception:Jul 2011
(as of 2014-10-30)
Total Returns:
1 day1.5%
5 day3.2%
1 month0.1%
3 month1.6%
6 month4.8%
9 month0.6%
1 year8.2%
Compare Funds:
Correlated Group: Technology (View cGroup) (All Groups)


Correlated Funds

Most Correlated Inverse/Least Correlated
Ishares S&P Software Index FundIGV0.91ProShares Short S&P 500SH-0.78
First Tr DJ Internet Inx FdFDN0.91Proshares UltraShort Midcap 400MZZ-0.78
iShares S&P Technology Index FundIGM0.90ProShares UltraPro Short MidCap400SMDD-0.78
Fidelity MSCI Information TechFTEC0.90ProShares Short Midcap 400MYY-0.79
Vanguard Information TechnologyVGT0.89Direxion Daily Mid Cap Bear 3X SharesMIDZ-0.79
First Trust Technology AlphaDEX FundFXL0.89Active Bear ETF HDGE-0.83
Guggenheim S&P Equal Weight Technology ETFRYT0.88ProShares Short QQQPSQ-0.85
PowerShares NASDAQ InternetPNQI0.88Direxion Technology Bear 3X SharesTECS-0.85
Proshares Ultra TechnologyROM0.88Proshares UltraShort QQQQID-0.85
iShares Dow Jones U.S. Technology Index FundIYW0.88ProShares UltraPro Short QQQSQQQ-0.85
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2014-10-24.

Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.

Important Disclaimer: The information provided by is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite