Investors' Heads Are in the Clouds With ‘SKYY’

The video discusses the SKY ETF, a fund focused on cloud computing companies. It explains the ETF's composition, including pureplay service providers and tech conglomerates. Initially, SKY struggled but later outperformed the S&P 500. Despite a cost of 60 basis points, its strong performance has attracted significant assets. The ETF is recognized by Bloomberg for its weighting methodology.

What is the primary focus of the SKY ETF?

• Real estate investments

• Telecommunications

• Renewable energy

• Cloud computing companies

Which of the following is NOT a major holding of SKY?

• Zynga

• Netflix

• VMware

• Amazon

How did SKY perform compared to the S&P 500 since its launch?

• It outperformed by 50 percentage points

• It had no significant difference

• It matched the S&P 500

• It underperformed by 50 percentage points

What is the cost of investing in SKY in terms of basis points?

• 30 basis points

• 120 basis points

• 60 basis points

• 90 basis points

What recognition did SKY receive in the Bloomberg Intelligence Traffic light system?

• Green light for its methodology

• Yellow light for moderate performance

• Red light for high risk

• No recognition