First Trust Cloud Computing ETF vs Wynn Resorts, Limited — how do they compare? First Trust Cloud Computing ETF trades at $135.77, while Wynn Resorts, Limited trades at $95.88 (market cap $9.93B). The key difference: Wynn Resorts, Limited pays a 1.05% dividend while First Trust Cloud Computing ETF pays none, and First Trust Cloud Computing ETF is trading nearer its 52-week high, Wynn Resorts, Limited nearer its low. Which is the better fit depends on your goals.
| SKYY | WYNN | |
|---|---|---|
52-Week High | $155.17 | $133.34 |
52-Week Low | $104.16 | $94.78 |
Market Cap | — | $9.93B |
Sector | — | Consumer Cyclical |
Enterprise Value | — | $20.29B |
Dividend Yield | — | 1.05% |
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 →Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, Encore Boston Harbor in Massachusetts opened June 2019. Additionally, we expect the company to begin construction on a new building next to its existing Macao Palace resort in 2023, which we forecast to open in 2026. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.
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