First Trust Cloud Computing ETF vs Materials Select Sector SPDR Fund — how do they compare? First Trust Cloud Computing ETF trades at $135.77, while Materials Select Sector SPDR Fund trades at $50.12. Which is the better fit depends on your goals.
| SKYY | XLB | |
|---|---|---|
52-Week High | $155.17 | $53.62 |
52-Week Low | $104.16 | $42.23 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
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