First Trust Cloud Computing ETF

First Trust Exchange-Traded Fund II · 1 share class

U.S. equity index ETF
One fund, 1 share class:SKYY
$2.72B NAV
65 positions · as of 2026-06-30 · filed 2026-08-21

Fund classification

Classified from what the fund holds · as of 2026 Q2

First Trust Cloud Computing ETF is a U.S. equity index ETF that tracks the ISE CTA Cloud Computing Index. 44% of SKYY’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 92% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF

Fund profile

As filed in the prospectus · 2026 Q1

The First Trust Cloud Computing ETF (the Fund ) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the ISE CTA Cloud Computing TM Index (the Index ).

Strategy · summarised

The fund tracks the ISE CTA Cloud Computing Index using an indexing approach, holding securities of companies classified as cloud computing providers across infrastructure-as-a-service, platform-as-a-service, and software-as-a-service categories. Index constituents are weighted by a cloud score reflecting the number of categories in which each company operates, subject to individual weight caps. The fund may invest significantly in variable interest entity structures to gain exposure to Chinese cloud companies unavailable to direct foreign investment, concentrating its portfolio accordingly.

Expenses
0.60%one share class
Share classExpense ratio
SKYY0.60%

Portfolio turnover 30.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.14%
of net assets
Stocks99.95%
Cash & short-term0.18%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology85.2%
Communication Services6.5%
Consumer Discretionary3.4%
International2.2%
5 smaller2.7%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
44%of stock holdings in top-quartile growers
covering 92% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 2 new1 exited

New: NTSK, CITIGROUP GLOBAL MARKETS INC.

Exited: TD SECURITIES (USA) LLC

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+14.09%
3-year
+87.64%
5-year
+19.14%
Volatility
23.34%
Worst 3-yr fall
-23.22%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
ARISTA NETWORKS INCANET4.18%$113.61M
DIGITALOCEAN HOLDINGS INCDOCN3.95%$107.38M
EVERPURE INCP3.89%$105.68M
NUTANIX INCNTNX3.84%$104.37M
INTERNATIONAL BUSINESS MACHINES CORPIBM3.70%$100.71M
ALPHABET INCGOOGL3.69%$100.21M
AMAZON.COM INCAMZN3.45%$93.92M
MONGODB INCMDB3.27%$88.96M
MICROSOFT CORPMSFT3.25%$88.36M
COREWEAVE INCCRWV2.97%$80.77M
Showing 10 of 65Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 36.18% of net assets, top 25 67.54%, across 65 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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