SKYY: First Trust Cloud Computing ETF returns, drawdowns and risk
Funds on a theme: clean energy, robotics, cybersecurity, uranium, gold miners and others.
Data updated October 2026
SKYY · US exchange · USDCategory: Thematic ETFsData from July 2011
From July 2011 to October 2026 SKYY returned 15.1% a year on average with dividends reinvested, in US dollars: $10,000 invested at the start grew to $85,477.
Its deepest fall was 53.2%, from November 2021 to December 2022, and it took about 36 months to get back to the previous high. Annual volatility was 25.1%; at the last close it was 4.7% below its high.
Against SPY (SPDR S&P 500 ETF Trust), over the 183 months both have data, the correlation of monthly returns was 0.78: they usually moved together. Beta was 1.18. In months when SPY rose, SKYY moved 118% as much on average; in months when SPY fell, 120% as much.
Key figures
- Annual return (CAGR)
- +15.1%
- 1-year return
- +22.8%
- 5 years, a year
- +7.8%
- 10 years, a year
- +17.5%
- Annual volatility
- 25.1%
- Maximum drawdown
- −53.2%
- Sharpe ratio
- 0.63
- Worst year
- 2022: −44.7%
Trailing returns
| Period | SKYY | SPY |
|---|---|---|
| 1 year | +22.8% | +16.6% |
| 3 years, a year | +31.3% | +23.1% |
| 5 years, a year | +7.8% | +12.7% |
| 10 years, a year | +17.5% | +15.4% |
To the last close of October 2026. Periods longer than a year are annualised.
Growth of $10,000: SKYY vs SPY
Month-end values from August 2011, the first month both funds have data.
SKYY drawdowns
Percentage below the previous high, weekly.
Returns by calendar year
| Year | SKYY | SPY |
|---|---|---|
| 2026(partial) | +28.1% | +13.3% |
| 2025 | +9.2% | +17.7% |
| 2024 | +35.9% | +24.9% |
| 2023 | +52.2% | +26.2% |
| 2022 | −44.7% | −18.2% |
| 2021 | +10.6% | +28.7% |
| 2020 | +57.8% | +18.3% |
| 2019 | +25.3% | +31.2% |
| 2018 | +6.6% | −4.6% |
| 2017 | +33.5% | +21.7% |
| 2016 | +15.2% | +12.0% |
| 2015 | +6.0% | +1.2% |
| 2014 | +7.3% | +13.5% |
| 2013 | +33.6% | +32.3% |
| 2012 | +15.5% | +16.0% |
| 2011(partial) | −15.2% | — |
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.
Questions
What is the average annual return of SKYY?
From July 2011 to October 2026 SKYY returned 15.1% a year on average (CAGR) with dividends reinvested, in USD. Over the last 5 years: +7.8% a year. Over the last 12 months: +22.8%.
What was the worst drawdown of SKYY?
53.2%, from November 2021 to December 2022; it took about 36 months from the previous high to get back to it.
How volatile is SKYY?
Annual volatility was 25.1% over the period. Its worst month was −16.3% and 61% of months were positive. Worst calendar year: 2022 (−44.7%).
How closely does SKYY follow SPY?
Over 183 months the correlation of monthly returns was 0.78, so they usually moved together, with a beta of 1.18.
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Other Thematic ETFs
- All Thematic ETFsReturns and risk side by side
- ARKK — ARK Innovation ETFCAGR +13.7%
- ICLN — iShares Global Clean Energy ETFCAGR −4.2%
- TAN — Invesco Solar ETFCAGR −8.0%
- GDX — VanEck Gold Miners ETFCAGR +5.3%
- URA — Global X Uranium ETFCAGR +23.9%
- LIT — Global X Lithium & Battery Tech ETFCAGR +5.9%
- BOTZ — Global X Robotics & Artificial Intelligence ETFCAGR +8.9%
- AIQ — Global X Artificial Intelligence & Technology ETFCAGR +19.1%
- CIBR — First Trust NASDAQ Cybersecurity ETFCAGR +16.3%
- HACK — Amplify Cybersecurity ETFCAGR +14.6%
- PAVE — Global X U.S. Infrastructure Development ETFCAGR +22.6%
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.