SKYY vs SPHQ: Holdings Overlap
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
SPHQInvesco S&P 500 Quality ETF
Invesco · 99 holdings · $20.0B · as of 2026-04-30
Holdings snapshots are 30 days apart (SKYY: 2026-03-31, SPHQ: 2026-04-30). 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 SKYY and SPHQ?
First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62 positions; Invesco S&P 500 Quality ETF (SPHQ, by Invesco) holds 99. They have 4 holdings in common, and by portfolio weight the two funds are 5.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 4SKYY holds 62 · SPHQ holds 99
- Weight in Shared Holdings
- SKYY 8%·SPHQ 7%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
58 of 62 positions (92.2% of the fund) are not held by SPHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | SKYY | SPHQ |
|---|---|---|
| Information Technology | 82.6% | 27.6% |
| Industrials | 0.6% | 24.5% |
| Consumer Staples | 0.0% | 15.3% |
| Financials | 0.6% | 13.4% |
| Communication Services | 8.7% | 2.0% |
| Other Sectors | 4.3% | 17.0% |
| Unclassified | 3.1% | 0.0% |
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 SPHQ).
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% | — |
| SPHQ | -0.8% | +15.3% | +21.9% | +19.9% | +12.7% | +14.6% | 1.09% |
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 SPHQ →
Shared Holdings(4)
The top 4 shared positions account for 100% of the overlap, led by CSCO, APP and ADBE.
Frequently Asked Questions
How much do SKYY and SPHQ overlap?
SKYY and SPHQ overlap by 5.7% of portfolio weight. They share 4 holdings (SKYY holds 62 positions and SPHQ holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SKYY and SPHQ?
The two portfolios are 5.7% 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 SPHQ?
The largest positions held by both funds are CSCO, APP, ADBE and NTAP. Together the top 4 shared positions account for 100% of the total overlap.
What does SKYY own that SPHQ doesn't?
58 positions (92.2% of SKYY) are unique to SKYY, led by DOCN, ORCL and IBM. In the other direction, 95 positions (92.9% of SPHQ) are unique to SPHQ.