SKYY vs VO: Holdings Overlap
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
Vanguard · 289 holdings · $109.2B · as of 2026-03-31
How similar are SKYY and VO?
First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62 positions; Vanguard Mid-cap Index Fund (VO, by Vanguard) holds 289. They have 14 holdings in common, and by portfolio weight the two funds are 3.6% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14SKYY holds 62 · VO holds 289
- Weight in Shared Holdings
- SKYY 20%·VO 4%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
48 of 62 positions (80.0% of the fund) are not held by VO. Showing the top 30 by weight.
Only in VO
275 of 289 positions (96.0% of the fund) are not held by SKYY. Showing the top 30 by weight.
Sector Breakdown
| Sector | SKYY | VO |
|---|---|---|
| Information Technology | 82.6% | 14.2% |
| Industrials | 0.6% | 18.4% |
| Financials | 0.6% | 13.8% |
| Consumer Discretionary | 3.7% | 9.3% |
| Utilities | 0.0% | 8.8% |
| Other Sectors | 9.3% | 35.1% |
| 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 VO).
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% | — |
| VO | +2.6% | +14.8% | +18.0% | +15.7% | +8.0% | +11.6% | 1.29% |
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 VO →
Shared Holdings(14)
The top 10 shared positions account for 89% of the overlap, led by NET, DDOG and HPE.
 NETCloudflare, Inc., Class A | 2.97% | 0.68% | 0.68% |
|---|---|---|---|
 DDOGDatadog, Inc., Class A | 0.65% | 0.42% | 0.42% |
 HPEHewlett Packard Enterprise Co. COM | 2.06% | 0.34% | 0.34% |
 WDAYWorkday, Inc., Class A | 0.60% | 0.30% | 0.30% |
 VEEVVeeva Systems, Inc., Class A | 0.60% | 0.28% | 0.28% |
 SNOWSnowflake, Inc., Class A | 0.55% | 0.27% | 0.27% |
 CRWVCoreWeave, Inc., Class A | 3.01% | 0.24% | 0.24% |
 ZMZoom Communications, Inc., Class A | 0.67% | 0.22% | 0.22% |
 NTAPNetApp Inc. COM | 1.92% | 0.21% | 0.21% |
 MDBMongoDB, Inc., Class A | 2.31% | 0.21% | 0.21% |
 ZSZscaler Inc COM | 0.59% | 0.16% | 0.16% |
 TEAMAtlassian Corporation CL A | 1.69% | 0.13% | 0.13% |
 HUBSHubspot Inc COM | 1.71% | 0.07% | 0.07% |
 TTDTrade Desk, Inc. (The), Class A | 0.59% | 0.05% | 0.05% |
Frequently Asked Questions
How much do SKYY and VO overlap?
SKYY and VO overlap by 3.6% of portfolio weight. They share 14 holdings (SKYY holds 62 positions and VO holds 289), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SKYY and VO?
The two portfolios are 3.6% 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 VO?
The largest positions held by both funds are NET, DDOG, HPE, WDAY and VEEV. Together the top 10 shared positions account for 89% of the total overlap.
What does SKYY own that VO doesn't?
48 positions (80.0% of SKYY) are unique to SKYY, led by DOCN, ORCL and IBM. In the other direction, 275 positions (96.0% of VO) are unique to VO.