Name of ETF: First Trust ISE Cloud Computing Index Fund
Benchmark Index: ISE Cloud Computing Index
Ticker Symbol: SKYY
Approximate Number of Stocks in this ETF: 40
Types of Stocks Included in this ETF: Publicly traded companies in the cloud computing industry. These companies can either provide direct services, goods or utilize/support cloud computing technology.
Industries with the Most Representation: The types of companies that have the most representation (largest weight) in this ETF historically have been:
- Internet Software & Services
- Communications Equipment
- Technology Hardware, Storage & Peripherals
Individual Company Weight: This ETF is diversified with no one company representing a significant percentage of the ETF.