SKYY vs VLUE: Holdings Overlap
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
VLUEiShares MSCI USA Value Factor ETF
iShares · 148 holdings · $9.5B · as of 2026-04-30
Holdings snapshots are 30 days apart (SKYY: 2026-03-31, VLUE: 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 VLUE?
First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62 positions; iShares MSCI USA Value Factor ETF (VLUE, by iShares) holds 148. They have 6 holdings in common, and by portfolio weight the two funds are 5.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6SKYY holds 62 · VLUE holds 148
- Weight in Shared Holdings
- SKYY 11%·VLUE 8%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 (88.9% of the fund) are not held by VLUE. Showing the top 30 by weight.
Sector Breakdown
| Sector | SKYY | VLUE |
|---|---|---|
| Information Technology | 82.6% | 43.9% |
| Financials | 0.6% | 10.9% |
| Communication Services | 8.7% | 8.3% |
| Health Care | 0.6% | 8.4% |
| Consumer Discretionary | 3.7% | 8.0% |
| Other Sectors | 0.6% | 20.2% |
| 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 VLUE).
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% | — |
| VLUE | +3.0% | +45.7% | +77.9% | +30.1% | +16.5% | +14.7% | 1.42% |
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 VLUE →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by CSCO, HPE and DELL.
 CSCOCisco Systems, Inc. COM | 2.42% | 4.96% | 2.42% |
|---|---|---|---|
 HPEHewlett Packard Enterprise Co. COM | 2.06% | 1.30% | 1.30% |
 DELLDell Technologies, Inc., Class C | 2.06% | 0.86% | 0.86% |
 ZMZoom Communications, Inc., Class A | 0.67% | 0.53% | 0.53% |
 NTAPNetApp Inc. COM | 1.92% | 0.36% | 0.36% |
 TWLOTwilio, Inc., Class A | 1.93% | 0.35% | 0.35% |
Frequently Asked Questions
How much do SKYY and VLUE overlap?
SKYY and VLUE overlap by 5.8% of portfolio weight. They share 6 holdings (SKYY holds 62 positions and VLUE holds 148), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SKYY and VLUE?
The two portfolios are 5.8% 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 VLUE?
The largest positions held by both funds are CSCO, HPE, DELL, ZM and NTAP. Together the top 6 shared positions account for 100% of the total overlap.
What does SKYY own that VLUE doesn't?
56 positions (88.9% of SKYY) are unique to SKYY, led by DOCN, ORCL and IBM. In the other direction, 142 positions (91.4% of VLUE) are unique to VLUE.