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SKYY vs IYW

First Trust Cloud Computing ETF vs iShares U.S. Technology ETF

SKYY

First Trust Cloud Computing ETF

First Trust

Annual cost

0.60%

Fund size

$2.4B

IYW

iShares U.S. Technology ETF

iShares

Annual cost

0.38%

Fund size

$21.5B

Key differences

  • IYW costs 0.22% less per year.
  • IYW is significantly larger than SKYY — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, IYW has delivered higher annualized returns.
  • IYW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SKYYIYW
Annual cost (TER)0.60%0.38%
Fund size (AUM)$2.4B$21.5B
Since20112000
Dividend yield0.00%0.12%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+16.7%+59.0%
CAGR 3Y+24.8%+36.1%
CAGR 5Y+7.2%+23.0%
Sharpe 3Y0.851.28
Volatility 1Y25.71%20.06%
Max drawdown-53.20%-39.44%

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

Similar to SKYY and IYW