SKYY
First Trust Cloud Computing ETF (SKYY) Risk
First Trust Cloud Computing ETF (SKYY) ETF risk, volatility, drawdown, concentration, liquidity and risk indicators on BTI.
- Risk level
- Elevated
- Fund category
- Thematic ETF
- Largest holding weight
- 4.62%
- Daily volume
- 94,919.06
- Assets under management
- $3.3B
- Expense ratio
- 0.6%
First Trust Cloud Computing ETF (SKYY) Risk research
First Trust Cloud Computing ETF (SKYY) risk depends on its underlying holdings, concentration, liquidity, index design and sensitivity to market conditions. BTI currently classifies the available fund risk level as Elevated.
Use volatility, drawdown and risk-adjusted return together rather than relying on one indicator. Also consider concentration, rate, currency and liquidity risks that may not be captured by historical price statistics.