VS
First Trust Cloud Computing ETF (SKYY) and First Trust AlphaDEX U.S. Technology Sector Index ETF (FHQ.F) offer distinct profiles for Canadian ETF investors. A direct comparison shows that SKYY focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Finance, while FHQ.F leans towards Technology, Industrials, and Finance. When evaluating costs, SKYY features a management fee (MER) of 0.15%, compared to 0.7% for FHQ.F. Performance-wise, SKYY has returned 22.37% year-to-date with +$1 M in net flows, whereas FHQ.F is at 21.51% with -$0 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
SKYY
FHQ.F
| AuM | $4.99 M | $7.04 M |
| Management Fees | 0.15% | 0.70% |
| Exp. ratio | 0.77% | 0.79% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SKYY | -9.67% | +1.33% | +22.37% | +12.24% | +111.07% |
FHQ.F | -9.60% | -3.64% | +21.51% | +19.31% | +78.96% | |
| Flows | SKYY | +$0 M | +$0 M | +$1 M | +$1 M | +$1 M |
FHQ.F | +$0 M | +$0 M | -$0 M | -$0 M | -$0 M |
SKYY vs FHQ.F exposure
Countries
SKYY
USA
95.61%
FHQ.F
USA
97.01%
Sectors
SKYY
Technology
89.30%
Other
10.70%
FHQ.F
Technology
86.15%
Other
13.85%
As of November 4, 2026
Top 10 Holdings
SKYY
Everpure, Inc.
4.92%
DigitalOcean Holdings, Inc.
4.31%
Nutanix, Inc.
3.56%
Arista Networks, Inc.
3.56%
Microsoft Corp.
3.45%
Alphabet, Inc.
3.40%
International Business Machines Corp.
3.29%
Amazon.com, Inc.
3.26%
Oracle Corp.
3.16%
CoreWeave, Inc.
2.96%
FHQ.F
Cognizant Technology Solutions Corp.
2.30%
EPAM Systems, Inc.
2.11%
PTC, Inc.
1.89%
Dell Technologies, Inc.
1.84%
RingCentral, Inc.
1.76%
Leidos Holdings, Inc.
1.73%
Twilio, Inc.
1.71%
Amdocs Ltd.
1.69%
CrowdStrike Holdings, Inc.
1.63%
Zoom Communications, Inc.
1.59%
Diversification
SKYY
Total weight of top 10 holdings out of 65 total
35.87%
FHQ.F
Total weight of top 10 holdings out of 110 total
18.25%
Characteristics
Compare
SKYY
FHQ.F
| Provider | First Trust | First Trust |
| Management | Passively managed | Passively managed |
| Benchmark | ISE CTA Cloud Computing NTR Index - USD | StrataQuant Technology Index - USD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 30, 2014 | December 7, 2017 |
Frequently asked questions about SKYY and FHQ.F
Which ETF has performed better year to date: SKYY or FHQ.F?
As of November 4, 2026, SKYY has returned 22.37% year to date, while FHQ.F has returned 21.51%. SKYY is ahead on YTD performance.
Which ETF is larger by assets under management: SKYY or FHQ.F?
As of November 4, 2026, SKYY manages $4.99 M in assets, while FHQ.F manages $7.04 M. FHQ.F is the larger fund by AUM.
How are SKYY and FHQ.F managed?
SKYY is passively managed by First Trust. It tracks the ISE CTA Cloud Computing NTR Index - USD benchmark. FHQ.F is passively managed by First Trust. It tracks the StrataQuant Technology Index - USD benchmark.
What sectors do SKYY and FHQ.F emphasize?
SKYY is most exposed to Technology, Consumer Non-Cyclicals, and Finance. FHQ.F is most exposed to Technology, Industrials, and Finance.
Which ETF is attracting more investor flows: SKYY or FHQ.F?
Year to date, SKYY has seen +$0.90 M in net flows, compared with -$0.00 M for FHQ.F. SKYY has attracted more net investor money so far.
How do the fees of SKYY and FHQ.F compare?
SKYY has an expense ratio of 0.77%, while FHQ.F has an expense ratio of 0.79%.
What are the top holdings of SKYY and FHQ.F?
SKYY's largest holdings include Everpure, Inc., DigitalOcean Holdings, Inc., and Nutanix, Inc.. FHQ.F's top holdings include Cognizant Technology Solutions Corp., EPAM Systems, Inc., and PTC, Inc..
Which ETF is more diversified: SKYY or FHQ.F?
SKYY holds 65 securities, while FHQ.F holds 110. On holdings count, FHQ.F is the more diversified portfolio.
Recent articles about SKYY and FHQ.F
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