SKYY Fees and Costs — First Trust Cloud Computing ETF
Data updated: 2026-08-21
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $507K in broker commissions, 0.0175% of average net assets.
SKYY Fees and Expenses
Annual operating expenses and sales charges of SKYY. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SKYY Costs Over Time
On $10,000 invested in SKYY, assuming 5% a year before costs, total costs come to $389 over 5 years, cutting the return by 0.65% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $213 | $389 |
| Value after costs | $10,435 | $11,363 | $12,374 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
SKYY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0175%
- Total broker commissions: $507K
- Bought from dealers (principal trades, not a cost): $719.1M
- Portfolio turnover (prospectus): —
- Securities on loan, average value: $3.5M
- Net income from securities lending: $12K (0.000% of average net assets)
SKYY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $196K | 38.71% |
| BOFA SECURITIES, INC. | $123K | 24.18% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $115K | 22.63% |
| CITADEL SECURITIES LLC | $72K | 14.14% |
| CANTOR FITZGERALD & CO. | $666 | 0.13% |
| OLD MISSION MARKETS LLC | $577 | 0.11% |
| MIZUHO SECURITIES USA LLC | $255 | 0.05% |
| GOLDMAN SACHS & CO. LLC | $245 | 0.05% |
SKYY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $488.5M | 67.94% |
| GOLDMAN SACHS & CO. LLC | $82.8M | 11.51% |
| HRT FINANCIAL LP | $58.0M | 8.06% |
| Jane Street Execution Services, LLC | $48.5M | 6.75% |
| ABN AMRO Clearing USA LLC | $27.1M | 3.77% |
| RBC CAPITAL MARKETS LLC | $14.2M | 1.97% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.