AppLovin Corp

Amazon

Arista Networks

Pure Storage

Oracle

Alphabet

Microsoft

Nutanix

Lumen Technologies

First Trust Cloud Computing ETF

SKYY tracks an index of companies involved in the cloud computing industry. Stocks are modified-equally-weighted capped at 4.5%.

Apple

Salesforce

iShares North American Tech-Software ETF

Marvell Technology

Technology Select Sector SPDR Fund

Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players.

Tech stocks hit first all-time high since July

First Trust Cloud Computing ETF offers exposure to cloud computing, with significant gains but high valuation metrics and volatility, leading to a "hold" rating. SKYY's portfolio includes major players like Amazon, Alphabet, and Microsoft, but its equal weighting limits the impact of these "blue chips." The cloud computing industry is expected to grow at a 20.3% CAGR until 2030, with SaaS dominating and IaaS growing fastest.

SKYY: Hard To Ignore, But Overvalued

The First Trust Cloud Computing ETF (SKYY) made its debut on 05/27/2011, and is a smart beta exchange traded fund that provides broad exposure to the Technology ETFs category of the market.

Is First Trust Cloud Computing ETF (SKYY) a Strong ETF Right Now?

First Trust Dow Jones Internet Index Fund

iShares North American Tech ETF

VanEck Vectors Semiconductor ETF

The Trump 2.0 era may boost tech stocks with eased antitrust policies and support for AI, though a trade war with China could negatively impact Apple and Tesla.

What's in Store for Big Tech ETFs in Trump 2.0?

Global X Cloud Computing ETF

WisdomTree Cloud Computing Fund

Most pure-play cloud computing ETFs like WCLD, SKYY and CLOU have generated solid returns in the past one month.

Cloud Computing ETFs That Won Past Month and Have More Room to Run

Looking for broad exposure to the Technology - Cloud Computing segment of the equity market? You should consider the First Trust Cloud Computing ETF (SKYY), a passively managed exchange traded fund launched on 05/27/2011.

Should You Invest in the First Trust Cloud Computing ETF (SKYY)?

VanEck Vectors Africa Index ETF

iShares MSCI South Africa ETF

Inverse Cramer Tracker ETF

ETFs have exploded in popularity over the last decade, accelerating rapidly since the so-called ETF rule arrived in 2019. All kinds of thematic ETFs have emerged for investors to consider.

The Forgotten Frontier? Revisiting Africa ETFs

The cloud computing industry saw a dip in late 2021 to early 2023, but stocks and ETFs recovered well. But now, the risk is too high for me. SKYY ETF invests in companies involved in cloud computing, including top players like Amazon Web Services, Microsoft Azure, and Google Cloud Platform. Cloud computing offers benefits like cost savings, scalability, and remote access, but also presents security challenges and internet dependency.

SKYY: Back Down To Earth We Come, Unlikely To Buck Tech Weakness

Tema Obesity & Cardiometabolic ETF

Amplify Global Cloud Technology ETF

Amplify Alternative Harvest ETF

Amplify US Alternative Harvest ETF

AdvisorShares Pure US Cannabis ETF

MUSQ Global Music Industry ETF

VanEck Vectors Pharmaceutical ETF

iShares PHLX Semiconductor ETF

Digging into the first quarter's earnings season allows us to uncover the winning themes of the period as captured by ETFs.

Thematic ETF Winners of the Q1 2024 Earnings Season

Amplify Transformational Data Sharing ETF

First Trust SkyBridge Crypto Industry and Digital Economy ETF

Amplify Online Retail ETF

Global X Data Center REITs & Digital Infrastructure ETF

ARK Web x.0 ETF

First Trust Indxx Metaverse ETF

Global X Blockchain ETF

Siren Nasdaq NexGen Economy ETF

Bitwise Web3 ETF

Themes Cloud Computing ETF

VanEck Vectors Digital Transformation ETF

Global X Funds - Global X E-commerce ETF

Fidelity Cloud Computing ETF

Defiance Next Gen Connectivity ETF

Fidelity Covington Trust-Fidelity Metaverse Etf

iShares Blockchain And Tech ETF

iShares U.S. Digital Infrastructure and Real Estate ETF

First Trust S-Network E-Commerce ETF

Roundhill Ball Metaverse ETF

O'Shares Global Internet Giants ETF

Proshares Online Retail ETF

Invesco NASDAQ Internet ETF

Invesco Alerian Galaxy Crypto Economy ETF

Global X Internet of Things ETF

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

Pacer Data And Digital Revolution ETF

Proshares Metaverse ETF

Global X Data Center & Digital Infrastructure ETF

In its latest report released last December, the Bureau of Economic Analysis (BEA) estimates that the digital economy now represents 10% of the total U.S. GDP, or $2.6 trillion.  The digital economy is also growing at an average annual growth rate of 7.1%.

Thematic ETF Plays on the Growing Digital Economy

Cloud computing ETFs hit a 52-week high lately.

Cloud Computing ETFs at a 52-Week High: Here's Why

Virtus Artificial Intelligence & Technology Opportunities Fund

Global X Artificial Intelligence & Technology ETF

ProShares Ultra Nasdaq Biotechnology

ProShares Ultra Oil & Gas

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

abrdn Healthcare Investors 

iShares Nasdaq Biotechnology ETF

Intel

iShares Russell 2000 ETF

NVIDIA

Novo Nordisk

Invesco QQQ

SPDR S&P 500 ETF Trust

ProShares Ultra S&P 500

Energy Select Sector SPDR Fund

Exxon Mobil

In Part I of my Top Picks For 2024, I explained why we saw such extreme valuation losses in most equity CEFs in 2023 and what that could-mean for 2024. In my opinion, liquidity was the over-riding factor for why so few stocks, think Magnificent 7, received the lion's share of buy-interest while most everything else suffered, including equity CEFs. But just because the Federal Reserve will continue its Quantitative Tapering doesn't mean that other Fed programs won't increase liquidity in other places.

Equity CEFs/ETFs: Top Picks For 2024 - Part II

The technology sector continues to see strong demand across various sub-sector niches, including semiconductors, software, high-speed networking, and data centers. Cloud computing is still a relatively new and fast-growing field, and - driven by AI - is expected to grow at CAGR of 16%-plus during the next five years. Although the SKYY ETF has an admirable 10-year performance track record (11.8%), it has underperformed compared to other investment opportunities in cloud computing.

SKYY: Hey, You, Get Off Of My Cloud (Computing)

The could business is becoming very crucial with the emergence of generative artificial intelligence (AI), because more companies have been resorting to the public cloud to run hefty workloads. Initially focused on storage and compute resource pooling, cloud computing has evolved to offer advanced services like serverless architectures, edge computing, and integrated AI/ML platforms.

Should You Buy Pureplay Cloud ETFs Instead of Single Stock Picking?

Global X Robotics & Artificial Intelligence ETF

SPDR S&P Software & Services ETF

After a great start to 2023, Wall Street started to waver in the second half as the inflation is still hot and rates are likely to remain higher for longer.

Don't Fear Higher Rates, Tech ETFs Will Rule

Pacer US Small Cap Cash Cows 100 ETF

OShares U.S. Quality Dividend ETF

SPDR Portfolio S&P 500 Value ETF

Consumer Discretionary Select Sector SPDR Fund

September is historically the worst month of the year for stocks. But this year, the month may bring about surprise gains for investors.

Forget September Lull: Buy These Top 5 ETFs Instead

First Trust Cloud Computing ETF is a likely overvalued exchange-traded fund in the cloud computing industry. SKYY's portfolio consists of predominantly U.S.-listed companies involved in infrastructure, platform, and software services. The fund's volatility and high price/earnings ratio suggest short-term demand has outstripped rationality, making it a less attractive investment option.

SKYY: Cloud Computing Stocks Are Likely Modestly Overvalued

Roundhill IO Digital Infrastructure ETF

SPDR S&P Kensho Future Security ETF

Amplify Cybersecurity ETF

Palo Alto Networks

Invesco Dynamic Networking ETF

First Trust NASDAQ Technology Dividend Index Fund

Tesla

Zoom Video

The tech-heavy Nasdaq Composite Index delivered awful performances for the last three weeks, only to stage a recovery this week.

The Mood is Back in Tech Investing: ETFs in Focus

SPDR S&P Kensho Smart Mobility ETF

iShares Self-Driving EV and Tech ETF

While the technology sector more than likely offers the best chance for maximum upside, its underlying risks warrant a closer look at the best tech funds to buy. Don't get me wrong.

The 7 Best Tech Funds to Buy in August

iShares Evolved U.S. Technology ETF

Oracle (ORCL) reported solid fourth-quarter fiscal 2023 results, beating both revenue and earnings estimates. The software giant forecast an upbeat first quarter.

Oracle Beats on Earnings in Q4, Shares Jump: ETFs to Tap

Direxion Daily Cloud Computing Bull 2X Shares

ProShares Ultra Nasdaq Cloud Computing ETF

Takeaways from earnings reports: AWS, Azure, GCP. Positioning for 2H - easy comps and AI tailwinds.

Is The Sun Coming Out For Cloud Stocks In H2 '23?

First Trust Cloud Computing ETF invests in cloud computing companies. The fund is not overvalued on the basis of its underlying earnings capacity.

SKYY: Cloud Computing Stocks Are Too Volatile To Own

Bill.com

GitLab

Snowflake

Cloud will see belt-tightening in 2023, and investors will have to gamble on the timing for when this turns around. Cloud is insulated from trade wars and overseas manufacturing issues. It reduces costs for enterprises, which is ideal for a recession.

Slowdown In Cloud Stocks On Thin Ice Following Q1 Guides

McKinsey estimates that the cloud adoption by Forbes Global 2000 companies could generate $3 trillion in EBITDA by 2030. That's a big reason investors should consider the best cloud computing ETFs to buy.

The 3 Best Cloud Computing ETFs to Buy for Long-Term Growth

Cloud computing stocks held by First Trust Cloud Computing ETF look oversold on the charts. Although valuations remain pricey.

First Trust Cloud Computing ETF: Yes And No

News for First Trust Cloud Computing ETF ETF (SKYY)