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SKYY vs IGM

First Trust Cloud Computing ETF vs iShares Expanded Tech Sector ETF

SKYY

First Trust Cloud Computing ETF

First Trust

Annual cost

0.60%

Fund size

$2.4B

IGM

iShares Expanded Tech Sector ETF

iShares

Annual cost

0.39%

Fund size

$9.5B

Key differences

  • IGM costs 0.21% less per year.
  • IGM is significantly larger than SKYY — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, IGM has delivered higher annualized returns.
  • IGM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SKYYIGM
Annual cost (TER)0.60%0.39%
Fund size (AUM)$2.4B$9.5B
Since20112001
Dividend yield0.00%0.15%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+16.7%+59.6%
CAGR 3Y+24.8%+39.5%
CAGR 5Y+7.2%+21.8%
Sharpe 3Y0.851.39
Volatility 1Y25.71%20.34%
Max drawdown-53.20%-40.68%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to SKYY and IGM