QUAL vs SKYY: Holdings Overlap
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
Holdings snapshots are 30 days apart (QUAL: 2026-04-30, SKYY: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are QUAL and SKYY?
iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121 positions; First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62. They have 7 holdings in common, and by portfolio weight the two funds are 9.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7QUAL holds 121 · SKYY holds 62
- Weight in Shared Holdings
- QUAL 11%·SKYY 16%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in QUAL
114 of 121 positions (88.7% of the fund) are not held by SKYY. Showing the top 30 by weight.
Sector Breakdown
| Sector | QUAL | SKYY |
|---|---|---|
| Information Technology | 34.4% | 82.6% |
| Financials | 11.6% | 0.6% |
| Communication Services | 11.0% | 8.7% |
| Consumer Discretionary | 9.8% | 3.7% |
| Industrials | 9.4% | 0.6% |
| Other Sectors | 23.6% | 0.6% |
| Unclassified | 0.0% | 3.1% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of QUAL, 3% of SKYY).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| QUAL | +3.6% | +14.1% | +23.7% | +19.0% | +11.5% | +14.4% | 0.84% |
| SKYY | +12.3% | +20.1% | +27.6% | +25.7% | +8.0% | +17.1% | — |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in QUAL vs SKYY →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by MSFT, GOOGL and ANET.
 MSFTMicrosoft Corp. COM | 5.04% | 3.50% | 3.50% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 2.53% | 3.42% | 2.53% |
 ANETArista Networks Inc COM SHS | 1.49% | 3.41% | 1.49% |
 ADBEAdobe Inc COM | 1.19% | 1.72% | 1.19% |
 APPAppLovin Corp., Class A | 0.67% | 1.70% | 0.67% |
 NTAPNetApp Inc. COM | 0.17% | 1.92% | 0.17% |
 VEEVVeeva Systems, Inc., Class A | 0.08% | 0.60% | 0.08% |
Frequently Asked Questions
How much do QUAL and SKYY overlap?
QUAL and SKYY overlap by 9.6% of portfolio weight. They share 7 holdings (QUAL holds 121 positions and SKYY holds 62), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QUAL and SKYY?
The two portfolios are 9.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of QUAL and SKYY?
The largest positions held by both funds are MSFT, GOOGL, ANET, ADBE and APP. Together the top 7 shared positions account for 100% of the total overlap.
What does QUAL own that SKYY doesn't?
114 positions (88.7% of QUAL) are unique to QUAL, led by NVDA, AAPL and META. In the other direction, 55 positions (83.7% of SKYY) are unique to SKYY.