ETF comparison

SKYY vs XLK

Thematic vs Technology.

First Trust Cloud Computing ETF · State Street Technology Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
19.3 %

18 positions appear in both funds. Buying equal dollars of SKYY and XLK would leave roughly 19.3% of each dollar exposed to the same underlying securities.

SKYY only 80.7% Shared 19.3% XLK only 80.7%
In SKYY only
45 positions
Shared
18 positions
In XLK only
56 positions

Side by side

SKYY

First Trust Cloud Computing ETF

First Trust · Thematic

60 composite / 100
Expense ratio
0.60%
Net assets
$2.72B
TTM yield
0.00%
Top-10 conc.
35.5%
XLK

State Street Technology Select Sector SPDR ETF

State Street · Technology

83 composite / 100
Expense ratio
0.080%
Net assets
$123.91B
TTM yield
0.44%
Top-10 conc.
61.4%

Sub-score comparison

40
Cost
92
78
Tax efficiency
85
75
Liquidity
100
64
Concentration
27
Tracking quality
SKYY sub-score XLK

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

XLK is 52 bps cheaper than SKYY. On a $100,000 position that's about $520/yr more in fees for SKYY.

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

Top shared holdings

18 shared in total
# Holding In SKYY In XLK Overlap
1 Microsoft Corp. 3.50% 10.05% 3.50%
2 Cisco Systems, Inc. 2.42% 2.73% 2.42%
3 Oracle Corp. 3.76% 2.22% 2.22%
4 International Business Machines Corp. 3.75% 2.02% 2.02%
5 Salesforce Inc. 1.78% 1.56% 1.56%
6 Arista Networks Inc 3.41% 1.13% 1.13%
7 Servicenow Inc 1.80% 0.97% 0.97%
8 Applovin Corp. 1.70% 0.96% 0.96%
9 Adobe Inc 1.72% 0.89% 0.89%
10 Palo Alto Networks Inc 0.67% 1.15% 0.67%
11 Intuit Inc 0.65% 1.07% 0.65%
12 Crowdstrike Holdings Inc 0.65% 0.88% 0.65%

Only in SKYY

45 total
  • DigitalOcean Holdings Inc 3.85%
  • Nutanix Inc 3.69%
  • Amazon.com, Inc. 3.68%
  • Alphabet Inc. 3.42%
  • Everpure Inc. 3.41%
  • Lumen Technologies Inc 3.02%
  • CoreWeave Inc. 3.01%
  • Cloudflare Inc 2.97%
  • Fastly Inc. 2.82%
  • MongoDB Inc. 2.30%

Only in XLK

56 total
  • NVIDIA Corp 15.50%
  • Apple Inc 13.63%
  • Broadcom Inc 5.37%
  • Micron Technology Inc 3.39%
  • Palantir Technologies Inc 2.98%
  • Advanced Micro Devices Inc 2.95%
  • Applied Materials Inc 2.42%
  • Lam Research Corp 2.38%
  • Intel Corp 1.85%
  • KLA Corp 1.72%

Open SKYY or XLK 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 methodology and 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.