First Trust is trading at 118.21 as of the 26th of February 2025; that is 1.71 percent decrease since the beginning of the trading day. The etf's open price was 120.27. First Trust has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. 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
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
62.0
Market Maker
Citadel
Total Expense
0.6
Management Fee
0.6
Country Name
USA
Returns Y T D
2.23
Name
First Trust Cloud Computing ETF
Currency Code
USD
Open Figi
BBG001VDB4Z5
In Threey Volatility
25.06
1y Volatility
19.23
200 Day M A
106.63
50 Day M A
125.02
Code
SKYY
Updated At
25th of February 2025
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 Sector ETFs. First Trust Cloud at this time have 2.95 B in assets. , while the total return for the last 3 years was 12.3%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
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.
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.
When determining whether First Trust Cloud offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Cloud Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Cloud Etf:
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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.