SKYY vs VIOO: Holdings Overlap
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
VIOOVanguard S&P Small-cap 600 Index Fund
Vanguard · 603 holdings · $4.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (SKYY: 2026-03-31, VIOO: 2026-05-31). 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 SKYY and VIOO?
First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62 positions; Vanguard S&P Small-cap 600 Index Fund (VIOO, by Vanguard) holds 603. They have 6 holdings in common, and by portfolio weight the two funds are 1.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6SKYY holds 62 · VIOO holds 603
- Weight in Shared Holdings
- SKYY 7%·VIOO 2%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
56 of 62 positions (92.9% of the fund) are not held by VIOO. Showing the top 30 by weight.
Sector Breakdown
| Sector | SKYY | VIOO |
|---|---|---|
| Information Technology | 82.6% | 15.9% |
| Financials | 0.6% | 17.6% |
| Industrials | 0.6% | 17.2% |
| Consumer Discretionary | 3.7% | 12.9% |
| Health Care | 0.6% | 11.0% |
| Other Sectors | 8.7% | 25.2% |
| 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 VIOO).
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% | — |
| VIOO | +2.4% | +24.4% | +36.3% | +14.6% | +7.7% | +10.9% | 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 VIOO →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by LUMN, PAYC and BOX.
 LUMNLumen Technologies Inc COM | 3.02% | 0.61% | 0.61% |
|---|---|---|---|
 PAYCPaycom Software Inc COM | 0.60% | 0.40% | 0.40% |
 BOXBox, Inc., Class A | 0.62% | 0.23% | 0.23% |
 RNGRingCentral, Inc., Class A | 1.51% | 0.19% | 0.19% |
 QTWOQ2 Holdings Inc COM | 0.61% | 0.17% | 0.17% |
 BLBlackline Inc COM | 0.65% | 0.09% | 0.09% |
Frequently Asked Questions
How much do SKYY and VIOO overlap?
SKYY and VIOO overlap by 1.7% of portfolio weight. They share 6 holdings (SKYY holds 62 positions and VIOO holds 603), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SKYY and VIOO?
The two portfolios are 1.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of SKYY and VIOO?
The largest positions held by both funds are LUMN, PAYC, BOX, RNG and QTWO. Together the top 6 shared positions account for 100% of the total overlap.
What does SKYY own that VIOO doesn't?
56 positions (92.9% of SKYY) are unique to SKYY, led by DOCN, ORCL and IBM. In the other direction, 597 positions (98.1% of VIOO) are unique to VIOO.