Seeking Alpha

First Trust's cloud computing ETF (SKYY) is set to launch on July 6. A little backtesting shows...

First Trust's cloud computing ETF (SKYY) is set to launch on July 6. A little backtesting shows its performance isn't a whole lot different than the XLK or the FDN, but SKYY will have smaller size firms, a higher beta ... and a higher expense ratio.
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