SKYY vs. WFH ETF Comparison
Comparison of First Trust ISE Cloud Computing Index Fund (SKYY) to Direxion Work From Home ETF (WFH)
SKYY
First Trust ISE Cloud Computing Index Fund
SKYY Description
The investment seeks investment results that correspond generally to the price and yield, before the fund's fees and expenses, of an equity index called the ISE Cloud Computing(TM) Index. The index is owned and was developed by International Securities Exchange, LLC ("ISE" or the "Index Provider"). The index Provider has contracted with Standard & Poor's to calculate and maintain the index. The index is designed to provide a benchmark for investors interested in tracking companies actively involved in the cloud computing industry. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$122.95
Average Daily Volume
130,561
62
WFH
Direxion Work From Home ETF
WFH Description
The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.Grade (RS Rating)
Last Trade
$64.80
Average Daily Volume
998
40
Performance
| Period | SKYY | WFH |
|---|---|---|
| 30 Days | 17.99% | 9.46% |
| 60 Days | 20.29% | 12.26% |
| 90 Days | 25.60% | 13.87% |
| 12 Months | 53.29% | 30.33% |
24 Overlapping Holdings
| Symbol | Grade | Weight in SKYY | Weight in WFH | Overlap | |
|---|---|---|---|---|---|
| ADBE | C | 1.48% | 1.98% | 1.48% | |
| AMZN | C | 3.79% | 2.63% | 2.63% | |
| BOX | B | 0.56% | 2.25% | 0.56% | |
| CRM | B | 2.1% | 2.89% | 2.1% | |
| CRWD | B | 0.66% | 2.86% | 0.66% | |
| CSCO | B | 2.44% | 2.51% | 2.44% | |
| DDOG | A | 0.6% | 2.61% | 0.6% | |
| DOCN | D | 1.39% | 2.3% | 1.39% | |
| DOCU | A | 0.72% | 3.02% | 0.72% | |
| GOOGL | C | 3.44% | 2.42% | 2.42% | |
| HUBS | A | 2.23% | 3.04% | 2.23% | |
| IBM | C | 3.31% | 2.21% | 2.21% | |
| MSFT | F | 3.27% | 2.25% | 2.25% | |
| NET | B | 2.39% | 2.54% | 2.39% | |
| NOW | A | 1.95% | 2.68% | 1.95% | |
| NTAP | C | 1.56% | 2.14% | 1.56% | |
| ORCL | B | 4.24% | 2.86% | 2.86% | |
| PANW | C | 0.58% | 2.46% | 0.58% | |
| RNG | B | 1.38% | 2.72% | 1.38% | |
| SMAR | A | 0.61% | 2.54% | 0.61% | |
| TEAM | A | 2.42% | 3.32% | 2.42% | |
| WDAY | B | 0.55% | 2.26% | 0.55% | |
| ZM | B | 0.64% | 2.61% | 0.64% | |
| ZS | C | 0.56% | 2.86% | 0.56% |
SKYY Overweight 38 Positions Relative to WFH
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | 4.9% | |
| LUMN | C | 4.38% | |
| NTNX | A | 3.6% | |
| ANET | C | 3.49% | |
| PSTG | D | 3.11% | |
| MDB | C | 2.67% | |
| TWLO | A | 2.48% | |
| SHOP | B | 2.36% | |
| CFLT | B | 2.15% | |
| GTLB | B | 2.06% | |
| WK | B | 1.91% | |
| DELL | C | 1.86% | |
| AKAM | D | 1.85% | |
| HPE | B | 1.76% | |
| FIVN | C | 1.63% | |
| RBRK | A | 1.46% | |
| WIX | B | 1.18% | |
| SAP | B | 1.12% | |
| APPN | B | 0.9% | |
| TOST | B | 0.87% | |
| PAYC | B | 0.74% | |
| QTWO | A | 0.7% | |
| PCTY | B | 0.68% | |
| BL | B | 0.65% | |
| QLYS | C | 0.64% | |
| TTD | B | 0.64% | |
| ESTC | C | 0.62% | |
| ZUO | B | 0.6% | |
| SNOW | C | 0.6% | |
| DBX | B | 0.59% | |
| INTU | C | 0.59% | |
| VEEV | C | 0.57% | |
| BLKB | B | 0.54% | |
| APPF | B | 0.54% | |
| ASAN | C | 0.54% | |
| FSLY | D | 0.54% | |
| SPT | C | 0.49% | |
| OTEX | D | 0.48% |
SKYY: Top Represented Industries & Keywords
WFH: Top Represented Industries & Keywords
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