SKYY vs IGM: Holdings Overlap
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
IGMiShares Expanded Tech Sector ETF
iShares · 288 holdings · $10.7B · as of 2026-03-31
How similar are SKYY and IGM?
First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62 positions; iShares Expanded Tech Sector ETF (IGM, by iShares) holds 288. They have 52 holdings in common, and by portfolio weight the two funds are 22.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 52SKYY holds 62 · IGM holds 288
- Weight in Shared Holdings
- SKYY 87%·IGM 29%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 SKYY
10 of 62 positions (12.8% of the fund) are not held by IGM.
Sector Breakdown
| Sector | SKYY | IGM |
|---|---|---|
| Information Technology | 82.6% | 82.6% |
| Communication Services | 8.7% | 17.1% |
| Consumer Discretionary | 3.7% | 0.0% |
| Industrials | 0.6% | 0.0% |
| Financials | 0.6% | 0.0% |
| Other Sectors | 0.6% | 0.0% |
| Unclassified | 3.1% | 0.1% |
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 (3% of SKYY, 0% of IGM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SKYY | +12.3% | +20.1% | +27.6% | +25.7% | +8.0% | +17.1% | — |
| IGM | +4.5% | +26.9% | +40.7% | +35.3% | +19.1% | +23.9% | 0.13% |
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 SKYY vs IGM →
Shared Holdings(52)
The top 10 shared positions account for 73% of the overlap, led by MSFT, GOOGL and CSCO.
 MSFTMicrosoft Corp. COM | 3.50% | 8.23% | 3.50% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 3.42% | 4.65% | 3.42% |
 CSCOCisco Systems, Inc. COM | 2.42% | 2.02% | 2.02% |
 ORCLOracle Corp. COM | 3.76% | 1.65% | 1.65% |
 IBMInternational Business Machines Corp. COM | 3.75% | 1.49% | 1.49% |
 CRMSalesforce Inc. COM | 1.78% | 1.15% | 1.15% |
 SHOPShopify Inc CL A SUB VTG SHS | 1.82% | 0.96% | 0.96% |
 ANETArista Networks Inc COM SHS | 3.41% | 0.84% | 0.84% |
 NOWServicenow Inc COM | 1.80% | 0.72% | 0.72% |
 APPApplovin Corp. COM CL A | 1.70% | 0.71% | 0.71% |
 PANWPalo Alto Networks Inc COM | 0.67% | 0.85% | 0.67% |
 ADBEAdobe Inc COM | 1.72% | 0.66% | 0.66% |
 INTUIntuit Inc COM | 0.65% | 0.79% | 0.65% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.65% | 0.65% | 0.65% |
 NETCloudflare, Inc., Class A | 2.97% | 0.43% | 0.43% |
 SNOWSnowflake, Inc., Class A | 0.55% | 0.34% | 0.34% |
 DELLDell Technologies, Inc., Class C | 2.06% | 0.32% | 0.32% |
 DDOGDatadog, Inc., Class A | 0.65% | 0.26% | 0.26% |
 HPEHewlett Packard Enterprise Co. COM | 2.06% | 0.21% | 0.21% |
 WDAYWorkday, Inc., Class A | 0.60% | 0.18% | 0.18% |
 ZMZoom Communications Inc. CL A | 0.67% | 0.14% | 0.14% |
 NTAPNetApp Inc. COM | 1.92% | 0.13% | 0.13% |
 MDBMongoDB, Inc., Class A | 2.31% | 0.13% | 0.13% |
 TWLOTwilio, Inc., Class A | 1.93% | 0.13% | 0.13% |
 CRWVCoreWeave, Inc., Class A | 3.01% | 0.12% | 0.12% |
Frequently Asked Questions
How much do SKYY and IGM overlap?
SKYY and IGM overlap by 22.5% of portfolio weight. They share 52 holdings (SKYY holds 62 positions and IGM holds 288), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SKYY and IGM?
The two portfolios are 22.5% 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 SKYY and IGM?
The largest positions held by both funds are MSFT, GOOGL, CSCO, ORCL and IBM. Together the top 10 shared positions account for 73% of the total overlap.
What does SKYY own that IGM doesn't?
10 positions (12.8% of SKYY) are unique to SKYY, led by AMZN, LUMN and WIX. In the other direction, 236 positions (71.1% of IGM) are unique to IGM.