AIQ vs SKYY ETF comparison
AIQ vs SKYY
AIQ holds about 90 companies that build or use artificial intelligence, from chip makers to software and internet platforms, and SKYY holds 65 cloud computing companies, from the large platforms to smaller software firms. They cover different themes. AIQ is a artificial intelligence fund and SKYY is a cloud computing fund.
AIQ follows an Indxx index of AI and big data companies with a cap on single names, so it is spread across many large technology companies. SKYY follows the ISE CTA Cloud Computing Index, which weights companies by how much of their business is cloud related. AIQ charges 0.68% and SKYY charges 0.60%. This page lines up what each fund holds, how much they overlap, how each performed and what each costs, with the date next to every number.
AIQ vs SKYY, the short answer
AIQ and SKYY differ in what they hold and what they charge. They cover different themes. AIQ is a artificial intelligence fund and SKYY is a cloud computing fund. AIQ follows an Indxx index of AI and big data companies with a cap on single names, so it is spread across many large technology companies. SKYY follows the ISE CTA Cloud Computing Index, which weights companies by how much of their business is cloud related.
Expense ratios are 0.68% and 0.60%. NAV total returns, annualized (both to Sep 30, 2026): 1 year 32.28% vs 21.95%; 3 years 34.47% vs 29.23%; 5 years 16.95% vs 9.41%. Neither is better for everyone; the choice turns on which theme you want, how concentrated you are willing to be and what you already own.
Want the full picture of one fund before you compare? Read the complete guide for each fund: AIQ guide and SKYY guide. Each guide covers fees, holdings, yield, returns and taxes.
AIQ vs SKYY overlap, if you own both
AIQ · ten largest holdings
As of Nov 9, 2026- 1Microsoft MSFT4.28%Both
- 2Palantir Technologies PLTR4.11%Only here
- 3Space Exploration Technologies SPCX3.60%Only here
- 4Tesla TSLA3.54%Only here
- 5Amazon AMZN3.42%Both
- 6Apple AAPL3.27%Only here
- 7Meta Platforms META3.17%Only here
- 8Oracle ORCL2.99%Both
- 9Advanced Micro Devices AMD2.82%Only here
- 10Tencent Holdings 7002.81%Only here
Ten largest total 34.0%
SKYY · ten largest holdings
As of Nov 9, 2026- 1Everpure P4.18%Only here
- 2Microsoft MSFT4.06%Both
- 3IBM IBM3.97%Only here
- 4Amazon AMZN3.88%Both
- 5Arista Networks ANET3.59%Only here
- 6Nutanix NTNX3.28%Only here
- 7Alphabet GOOGL3.21%Only here
- 8Oracle ORCL3.03%Both
- 9Netskope NTSK2.77%Only here
- 10DigitalOcean DOCN2.67%Only here
Ten largest total 34.6%
Shared by both · 3 companies
| Company | AIQ weight | SKYY weight | Gap |
|---|---|---|---|
| Microsoft MSFT | 4.28% | 4.06% | +0.22 pts |
| Amazon AMZN | 3.42% | 3.88% | -0.46 pts |
| Oracle ORCL | 2.99% | 3.03% | -0.04 pts |
Only in AIQ’s top ten: Palantir Technologies, Space Exploration Technologies, Tesla, Apple, Meta Platforms, Advanced Micro Devices, Tencent Holdings. Only in SKYY’s top ten: Everpure, IBM, Arista Networks, Nutanix, Alphabet, Netskope, DigitalOcean.
The twist
28.1% of the weight sits in stocks both funds hold (matched by ticker in issuer holdings dated Nov 9, 2026), and 3 stocks appear in both top-ten lists. The funds overlap partly, so owning both doubles up on some names while adding others.
AIQ vs SKYY, one goal, which fund?
AIQ vs SKYY, where the money goes
AIQ · Global X, Nov 9, 2026
SKYY · First Trust, Nov 9, 2026
AIQ vs SKYY returns compared over 1, 3, 5 and 10 years
AIQ vs SKYY, what each fund costs a year
The data room
Every figure behind the AIQ vs SKYY cards above, with its source, date and evidence grade. Open the issuer documents before relying on any number.
AIQ vs SKYY key facts
Evidence grade: Issuer issuer page · Mixed issuer plus provider · 3rd party| Metric | AIQ | SKYY | Grade and source |
|---|
Portfolio characteristics
| Metric | AIQ | SKYY | Grade and source |
|---|
Net assets are dated Nov 9, 2026 for both funds (AIQ $9.37B; SKYY $3.11B). Figures an issuer page does not show are left out or marked Not captured, not estimated.
AIQ vs SKYY holdings and top ten
Click a tile · AIQ: Global X, Nov 9, 2026 · SKYY: First Trust, Nov 9, 2026Tile area is proportional to weight.
| # | Holding | Weight |
|---|
| # | Holding | Weight |
|---|
Top ten sums: AIQ 34.0% · SKYY 34.6%. 3 shared top-ten holdings. Weights change.
AIQ vs SKYY sector exposure
AIQ: Nov 9, 2026 · SKYY: Nov 9, 2026The sector mirror
Same funds, different lenses
Company size
AIQ holds 88 stocks and SKYY holds 65. AIQ reports a weighted average market cap of $1,101.61B. Theme funds that weight by market value lean toward very large companies, while equal-weight designs give smaller companies more say.
What you actually own
AIQ vs SKYY performance
Matched dates, both to Sep 30, 2026All rows come from the issuer pages and are dated Sep 30, 2026 for both funds, so they compare like for like. NAV returns include fees; market price and index returns are shown beside them where the issuer published them. “Since inception” starts in different years (AIQ 2018, SKYY 2011). Past performance does not guarantee future results.
Growth of a hypothetical $10,000 · NAV total return, both to Sep 30, 2026
Both funds derived from issuer NAV total returns on matched dates (compounded). Fund expenses are already in NAV. Illustration, not a forecast.
AIQ vs SKYY yield, dividends and dividend growth
Yield and distribution facts| Measure | AIQ | SKYY |
|---|---|---|
| 30-day SEC yield | -0.07% | Not captured |
| Trailing 12-month | Not captured | Not captured |
| Paid, last 12 months | Not captured | Not captured |
| Frequency | Semi-annual | Not captured |
Theme funds like these pay little income. The 30-day SEC yield was -0.07% for AIQ and not captured for SKYY, and a figure near zero or below means fund costs use up most of the dividends the stocks pay. These funds are held for growth, not yield. Gaps are marked Not captured. See what is dividend yield and yield vs total return.
AIQ vs SKYY concentration and overlap
Ten largest positions · shared holdingsRank by rank, the ten largest holdings of each fund. Top five: AIQ 18.9%, SKYY 19.7%. Top ten: AIQ 34.0%, SKYY 34.6%.
AIQ vs SKYY trading and liquidity
Issuer fund pages · Nov 9, 2026The issuers report 30-day median bid/ask spreads of 0.02% for AIQ and 0.08% for SKYY. A spread of 0.05% is about $50 between the buy and sell price on $100,000, and smaller funds usually cost more to trade than larger ones. Funds with many foreign holdings can also trade at a premium or discount to NAV when overseas markets are closed. Use limit orders for large trades and avoid the first and last minutes of the session. See creation, redemption and trading.
AIQ vs SKYY expense ratio and fees in dollars
As stated by each issuer| Balance | AIQ (0.68%) | SKYY (0.60%) | Gap per year |
|---|---|---|---|
| $10,000 | $68 | $60 | $8 |
| $50,000 | $340 | $300 | $40 |
| $100,000 | $680 | $600 | $80 |
The expense ratio is taken from fund assets, not billed to you. Fees exclude the bid/ask spread, any premium or discount to NAV, brokerage commissions and taxes.
AIQ vs SKYY, how each fund picks its stocks
Index approach, in plain languageAIQ · Indxx Artificial Intelligence & Big Data Index
AIQ tracks the Indxx Artificial Intelligence & Big Data Index. It holds about 90 companies that build or use artificial intelligence, from chip makers to software and internet platforms. It was launched in 2018, and the ten largest holdings total 34.0% of the fund. Index rules and rebalance dates are in the prospectus.
SKYY · ISE CTA Cloud Computing Index
SKYY tracks the ISE CTA Cloud Computing Index. It holds 65 cloud computing companies, from the large platforms to smaller software firms. It was launched in 2011, and the ten largest holdings total 34.6% of the fund. Index rules and rebalance dates are in the prospectus.
Exact eligibility rules, caps and rebalance dates sit in each prospectus and index methodology; read them before relying on this summary.
AIQ vs SKYY, why yield and returns differ
Sector mix explains much of the gapThey cover different themes. AIQ is a artificial intelligence fund and SKYY is a cloud computing fund. AIQ follows an Indxx index of AI and big data companies with a cap on single names, so it is spread across many large technology companies. SKYY follows the ISE CTA Cloud Computing Index, which weights companies by how much of their business is cloud related.
Because each index sets its own rules, the funds hold different stocks at different weights, and that explains most of the gap in returns. A fund that puts more weight in its largest companies will follow those companies closely, while an evenly weighted fund behaves more like an average of many smaller ones. Fees matter less than holdings over short periods and more over long ones.
How to decide between AIQ and SKYY
A step-by-step frameworkStart with what separates them: They cover different themes. AIQ is a artificial intelligence fund and SKYY is a cloud computing fund. AIQ follows an Indxx index of AI and big data companies with a cap on single names, so it is spread across many large technology companies.
SKYY follows the ISE CTA Cloud Computing Index, which weights companies by how much of their business is cloud related. Then check what you already own: the funds overlap by 28.1%, so holding both is a real decision about how much of each theme you want.
- Step 1 · Theme: AIQ is a artificial intelligence fund and SKYY is a cloud computing fund.
- Step 2 · Concentration: the ten largest holdings are 34.0% of AIQ and 34.6% of SKYY.
- Step 3 · Cost: AIQ 0.68% vs SKYY 0.60%.
- Step 4 · Overlap with your core: large technology companies also sit in S&P 500 and Nasdaq-100 funds, so use the Diversification Calculator against what you own.
Size the position against your whole portfolio. Theme funds are volatile, so they usually play a small, deliberate role beside a core fund.
AIQ vs SKYY for Canadian investors
Currency, withholding tax and account typeAIQ and SKYY are U.S.-listed and trade in U.S. dollars, so buying them from a Canadian account usually involves converting Canadian dollars, which adds a cost on entry and exit. A move in the U.S. dollar also changes your return in Canadian dollars.
Dividends from U.S.-listed funds are generally subject to U.S. withholding tax for Canadian holders, with treatment that depends on the account type. These funds pay little income, so the effect is small, but confirm the rules for your account with a tax professional. This is general education, not tax advice.
Risks of AIQ and SKYY
What can go wrongShared risks
- Theme funds are concentrated in one industry or idea, so they can fall much further than the broad market.
- Valuations in technology themes can be high, and prices can drop sharply when growth expectations change.
- Returns can differ widely from one period to the next; a strong year often follows or precedes a weak one.
- Neither fund pays meaningful income, so the return depends on price.
Fund-specific risks
- AIQ: ten largest holdings total 34.0% of the fund (Nov 9, 2026); 88 stocks.
- SKYY: ten largest holdings total 34.6% of the fund (Nov 9, 2026); 65 stocks.
- AIQ: overlaps with broad technology funds because it holds the same large technology companies. SKYY: leans on software companies whose share prices can swing sharply with growth expectations.
- Both: the funds track indexes with their own rules, so holdings change at each rebalance.
AIQ vs SKYY taxes and account placement
General education, not tax adviceBoth funds hold stocks and are taxed like other equity ETFs. Distributions are small, and gains are taxed when you sell, at rates that depend on how long you held the shares and on your own situation. Funds with foreign holdings may pay some foreign tax inside the fund.
For Canadian account types and withholding tax, see the Canadian section above. Confirm the rules for your account with a tax professional, and read how to build an ETF portfolio.
Other ETFs people compare
For context, not recommendationsInvestors comparing AIQ and SKYY often also look at the other thematic funds in this group: SMH, SOXX, BOTZ, ROBO, AIQ and SKYY. See the other thematic ETFs comparisons, the broader growth and tech ETFs and the ETF research hub.
AIQ vs SKYY drawdown arithmetic
What a decline means in dollarsRecovery gain = decline ÷ (1 − decline). The scenarios use illustrative declines of 10%, 20% and 30% so you can see what a drop does to each fund. They are a rough guide to a bad year, not a worst-case figure. See the Position Size Calculator.
Tools to compare AIQ vs SKYY
Static weights from this pageIgnores taxes, spreads and holdings differences. ETF Fee Calculator.
Check shared exposure with the Diversification Calculator.
AIQ vs SKYY, which fits which job
Characteristics, not recommendationsAIQ may suit investors who want…
A wide AI basket across chips, software and platforms.
Strengths
- Flatter top ten: 34.0% against 34.6%
- Led in 3 of 3 return windows (both to Sep 30, 2026)
- 88 holdings
- Exchange-traded and priced all day
Watch points
- Higher fee: 0.68% against 0.60%
- Narrow theme exposure
- Not a complete portfolio
SKYY may suit investors who want…
Cloud computing companies of many sizes.
Strengths
- Lower fee: 0.60% against 0.68%
- 65 holdings
- Exchange-traded and priced all day
Watch points
- Heavier top ten: 34.6% against 34.0%
- Led in 0 of 3 return windows (both to Sep 30, 2026)
- Narrow theme exposure
- Not a complete portfolio
AIQ vs SKYY investor scenarios
Characteristics that fit, not recommendationsAIQ vs SKYY key terms
Plain-language definitions
AIQ vs SKYY, frequently asked questions
Answers use the figures and dates shown aboveIs AIQ or SKYY better?
In the AIQ vs SKYY question, neither is better for everyone. AIQ and SKYY differ in what they hold and what they charge. They cover different themes. AIQ is a artificial intelligence fund and SKYY is a cloud computing fund. AIQ follows an Indxx index of AI and big data companies with a cap on single names, so it is spread across many large technology companies.
SKYY follows the ISE CTA Cloud Computing Index, which weights companies by how much of their business is cloud related. Expense ratios are 0.68% and 0.60%. NAV total returns, annualized (both to Sep 30, 2026): 1 year 32.28% vs 21.95%; 3 years 34.47% vs 29.23%; 5 years 16.95% vs 9.41%. Neither is better for everyone; the choice turns on which theme you want, how concentrated you are willing to be and what you already own.
AIQ vs SKYY, what are the expense ratios?
AIQ charges 0.68% and SKYY charges 0.60%, which is $68 and $60 a year per $10,000.
AIQ vs SKYY, how much do the funds overlap?
On AIQ vs SKYY, about 28.1% of the weight is held by both funds, matched by ticker in issuer holdings dated Nov 9, 2026. 20 stocks are held by both, and 3 appear in both top-ten lists.
AIQ vs SKYY, what does each ETF track?
AIQ tracks the Indxx Artificial Intelligence & Big Data Index. SKYY tracks the ISE CTA Cloud Computing Index.
AIQ vs SKYY, what are the top holdings?
AIQ (Nov 9, 2026): Microsoft 4.28%, Palantir Technologies 4.11%, Space Exploration Technologies 3.6%, Tesla 3.54%, Amazon 3.42%. SKYY (Nov 9, 2026): Everpure 4.18%, Microsoft 4.06%, IBM 3.97%, Amazon 3.88%, Arista Networks 3.59%.
AIQ vs SKYY, which has performed better?
NAV total returns, annualized (both to Sep 30, 2026): 1 year 32.28% vs 21.95%; 3 years 34.47% vs 29.23%; 5 years 16.95% vs 9.41%. Past performance does not guarantee future results.
AIQ vs SKYY, can I own both?
On AIQ vs SKYY, you can. They overlap by about 28.1%. The funds overlap partly, so owning both doubles up on some names while adding others.
AIQ vs SKYY, do the funds pay dividends?
On AIQ vs SKYY, only small amounts. The 30-day SEC yield was -0.07% for AIQ and not captured for SKYY, so income is not the reason to hold either fund.
AIQ vs SKYY, how concentrated are the funds?
The ten largest holdings are 34.0% of AIQ and 34.6% of SKYY. The largest single holding is Microsoft at 4.28% in AIQ and Everpure at 4.18% in SKYY.
AIQ vs SKYY, are they suitable for Canadian investors?
On AIQ vs SKYY, both are U.S.-listed and trade in U.S. dollars, so Canadians face currency conversion costs and U.S. withholding tax on the small dividends. Treatment differs across TFSA, RRSP and taxable accounts. This is general education, not tax advice.
AIQ vs SKYY documents and sources
Open the issuer documents before relying on any figureAIQ · Global X
SKYY · First Trust
Third-party sources
Global X AIQ fund page · First Trust SKYY fund page.
Methodology and limits
- AIQ figures come from the Global X fund page and SKYY figures from the First Trust fund page.
- Dates are shown beside each figure; the issuer documents are linked below.
- Holdings overlap is the sum of the smaller weight of each ticker held by both funds, using each issuer’s full holdings list (Nov 9, 2026). Cash and futures are left out.
- Industry groups on this page are assigned by this site from each stock’s main business, using one scheme for every fund, so they will not match an issuer’s own sector table.
- Figures an issuer page does not show are marked Not captured, and nothing was filled from memory or from another fund.
- Growth of $10,000 is derived from annualized NAV total returns on matched dates; dollar values are approximate.
Educational research, not personalized investment, tax or legal advice, and not a recommendation to buy or sell any fund. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Calculators are hypothetical illustrations. Fund data are provided as published by the sources named and may differ from current figures.