First Trust Cloud Computing ETF vs ProShares Ultra Semiconductors — how do they compare? First Trust Cloud Computing ETF trades at $135.77, while ProShares Ultra Semiconductors trades at $90.13. Which is the better fit depends on your goals.
| SKYY | USD | |
|---|---|---|
52-Week High | $155.17 | $113.53 |
52-Week Low | $104.16 | $39.58 |
Sector | — | Leveraged / Inverse |
Trailing returns across standard periods
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 →USD is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Semiconductors™ Index. It is a tactical instrument designed for sophisticated traders looking to magnify short-term bullish views on the U.S. semiconductor industry, specifically focusing on large-cap leaders in the chip and equipment space.
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