Analysis for First Trust Cloud Computing ETF
Analysis summary
First Trust Cloud Computing ETF (SKYY) currently has a total score of 41 points, placing it in the neutral range. The score is made up of Performance (55), Stability (34) and Trend (15). The profile is clearly uneven: Performance stands out while Trend lags.
Performance scores 55 points (neutral). Key strength: 10Y return at 347.1 %. Weaker metric: 1Y return at -14.6 %. This suggests stronger long-term than short-term performance.
Stability scores 34 points (weak). Key strength: CAGR/drawdown ratio at 0.30. Main drag: Sharpe ratio (90d) at -1.00. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns—but prices can still fall.
Trend scores 15 points (very weak). Trend signals are mostly negative right now. Least weak metric: relative strength (12M) at -7.0 %. Main drag: trend strength at -0.81.
Overall, the picture is mixed: Performance does the heavy lifting while Trend holds the score back. On a metric level, 10Y return stands out, while trend strength is the main weak spot.
(Historical evaluation, not investment advice.)
Metrics
Stability
FAQ
- What investor type does First Trust Cloud Computing ETF fit best in FoxScore?
- First Trust Cloud Computing ETF shows a mixed profile: performance is strongest, but trend lags noticeably. Use the sub-scores as a radar, then decide based on the metrics whether the risk/return profile fits you.
- How meaningful is the available history for First Trust Cloud Computing ETF?
- First Trust Cloud Computing ETF currently has about 14.6 years of price history since it started trading. That’s a solid base to interpret returns, drawdowns and trend behavior since launch — earlier market crises happened before the asset existed and are therefore not part of its history.
- What is FoxScore good for — and what is it not for?
- FoxScore is an analysis and comparison tool: it helps you sort assets quickly, compare profiles and spot strengths/weaknesses. It’s not a substitute for your own research or fundamental analysis, and it’s not a buy/sell recommendation.