First Trust Cloud Computing ETF vs Thomson Reuters Corp — how do they compare? First Trust Cloud Computing ETF trades at $135.77, while Thomson Reuters Corp trades at $91.04 (market cap $41.28B). The key difference: Thomson Reuters Corp pays a 2.75% dividend while First Trust Cloud Computing ETF pays none, and First Trust Cloud Computing ETF is trading nearer its 52-week high, Thomson Reuters Corp nearer its low. Which is the better fit depends on your goals.
| SKYY | TRI | |
|---|---|---|
52-Week High | $155.17 | $205.54 |
52-Week Low | $104.16 | $76.55 |
Market Cap | — | $41.28B |
Sector | — | Industrials |
Enterprise Value | — | $43.24B |
Dividend Yield | — | 2.75% |
Trailing returns across standard periods
Latest headlines on both assets
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.
Read more on SKYY →Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
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