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SKYY vs ILDR

First Trust Cloud Computing ETF vs First Trust Innovation Leaders ETF

SKYY

First Trust Cloud Computing ETF

First Trust

Annual cost

0.60%

Fund size

$2.4B

ILDR

First Trust Innovation Leaders ETF

First Trust

Annual cost

0.75%

Fund size

$243M

Key differences

  • SKYY costs 0.15% less per year.
  • SKYY is significantly larger than ILDR — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, ILDR has delivered higher annualized returns.
  • SKYY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SKYYILDR
Annual cost (TER)0.60%0.75%
Fund size (AUM)$2.4B$243M
Since20112021
Dividend yield0.00%0.00%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+17.1%+44.9%
CAGR 3Y+25.6%+31.9%
CAGR 5Y+7.2%N/A
Sharpe 3Y0.871.17
Volatility 1Y25.71%20.91%
Max drawdown-53.20%-44.61%

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

Similar to SKYY and ILDR