ETF comparison

ARKWvsSKYY

Both Thematic.

ARK Next Generation Internet ETF · First Trust Cloud Computing ETF

Holdings overlap

Weighted by ISIN/CUSIP
16.1%

11 positions appear in both funds. Buying equal dollars of ARKW and SKYY would leave roughly16.1%of each dollar exposed to the same underlying securities.

ARKW only 81.3%Shared 16.1%SKYY only 83.9%
In ARKW only
29 positions
Shared
11 positions
In SKYY only
53 positions

Side by side

ARKW

ARK Next Generation Internet ETF

ARK · Thematic

47composite / 100
Expense ratio
0.76%
Net assets
$1.84B
TTM yield
1.52%
Top-10 conc.
52.5%
SKYY

First Trust Cloud Computing ETF

First Trust · Thematic

61composite / 100
Expense ratio
0.60%
Net assets
$3.39B
TTM yield
0.00%
Top-10 conc.
36.2%

Sub-score comparison

24
Cost
40
75
Tax efficiency
78
68
Liquidity
80
39
Concentration
63
Tracking quality
ARKWsub-scoreSKYY

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

SKYY is 16 bps cheaper than ARKW. On a $100,000 position that's about $160/yr more in fees for ARKW.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with ARKW vs SKYY.

Top shared holdings

11 shared in total
#HoldingIn ARKWIn SKYYOverlap
1AMAZON.COM INC4.20%3.45%3.45%
2COREWEAVE INC4.06%2.97%2.97%
3SHOPIFY INC4.51%1.89%1.89%
4CLOUDFLARE INC1.81%2.65%1.81%
5EVERPURE INC1.46%3.89%1.46%
6RUBRIK INC1.09%2.00%1.09%
7GITLAB INC0.86%1.93%0.86%
8TOAST INC1.02%0.70%0.70%
9DATADOG INC1.47%0.69%0.69%
10CROWDSTRIKE HOLDINGS INC1.80%0.68%0.68%
11FIGMA INC1.10%0.46%0.46%

Only in ARKW

29 total
  • ADVANCED MICRO DEVICES INC8.81%
  • TESLA INC8.62%
  • ARK 21SHARES BITCOIN ETF5.74%
  • ROBINHOOD MARKETS INC4.64%
  • ROKU INC4.10%
  • ALPHABET INC3.93%
  • CIRCLE INTERNET GROUP INC3.93%
  • COINBASE GLOBAL INC3.73%
  • ROBLOX CORP3.04%
  • BLOCK INC2.83%

Only in SKYY

53 total
  • ARISTA NETWORKS INC4.18%
  • DIGITALOCEAN HOLDINGS INC3.95%
  • NUTANIX INC3.84%
  • INTERNATIONAL BUSINESS MACHINES CORP3.70%
  • ALPHABET INC3.68%
  • MONGODB INC3.27%
  • MICROSOFT CORP3.25%
  • CISCO SYSTEMS INC2.55%
  • ORACLE CORP2.55%
  • LUMEN TECHNOLOGIES INC2.28%

Open ARKW or SKYY at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.