SKYY vs ETY
Comparison between FIRST TRUST CLOUD COMPUTING ETF (SKYY, ETF) and Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY, ETF).
5-Year PerformanceETY has outperformed SKYY, delivering a return of +9.4% compared to +7.4%
SKYY vs ETY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SKYY vs ETY - Historical Returns
Returns include dividend reinvestment.
SKYY vs ETY - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | SKYY | ETY |
|---|---|---|
| 2026 | +10.17% | -1.99% |
| 2025 | +8.69% | +11.01% |
| 2024 | +39.83% | +35.10% |
| 2023 | +52.31% | +21.52% |
| 2022 | -44.23% | -20.72% |
| 2021 | +12.34% | +34.82% |
| 2020 | +54.92% | +6.29% |
| 2019 | +25.69% | +31.23% |
| 2018 | +5.16% | -10.18% |
| 2017 | +32.28% | +29.36% |
| 2016 | +17.61% | +4.62% |
| 2015 | +5.87% | +9.12% |
| 2014 | +8.35% | +12.87% |
| 2013 | +29.89% | +25.11% |
| 2012 | +13.95% | +16.30% |
| 2011 | -15.16% | -13.08% |
| 2010 | N/A | -2.81% |
| 2009 | N/A | +36.46% |
| 2008 | N/A | -25.83% |
| 2007 | N/A | -8.21% |
| 2006 | N/A | +0.25% |
SKYY vs ETY Drawdown Comparison
The maximum drawdown for SKYY was -53.21%, occurring on Dec 28, 2022. Recovery took 750 trading sessions.
The maximum drawdown for ETY was -52.91%, occurring on Nov 20, 2008. Recovery took 1419 trading sessions.
The current SKYY drawdown is -9.29%. The current ETY drawdown is -4.52%.
| Rank | SKYY | ETY |
|---|---|---|
| #1 | -53.21% Nov 16, 2021 - Nov 11, 2024 | -52.91% Jun 1, 2007 - Jan 18, 2013 |
| #2 | -33.00% Feb 19, 2020 - May 22, 2020 | -42.40% Feb 12, 2020 - Nov 17, 2020 |
| #3 | -31.80% Feb 10, 2025 - Sep 8, 2025 | -24.43% Sep 13, 2018 - Jun 20, 2019 |
| #4 | -27.39% Nov 3, 2025 - May 29, 2026 | -24.03% Dec 31, 2021 - Feb 5, 2024 |
| #5 | -26.09% Jul 7, 2011 - Feb 16, 2012 | -21.28% Feb 19, 2025 - Jun 25, 2025 |
| #6 | -20.90% Dec 1, 2015 - Jun 7, 2016 | -14.39% Sep 22, 2025 - Mar 30, 2026 |
| #7 | -20.09% Aug 29, 2018 - Feb 26, 2019 | -13.90% Nov 3, 2015 - Aug 5, 2016 |
| #8 | -19.24% Apr 3, 2012 - Jan 25, 2013 | -12.52% Sep 3, 2014 - Nov 5, 2014 |
| #9 | -17.37% Feb 9, 2021 - Sep 3, 2021 | -11.93% Jul 20, 2015 - Nov 3, 2015 |
| #10 | -12.99% Mar 5, 2014 - Dec 19, 2014 | -8.97% Jan 26, 2018 - May 8, 2018 |
| #11 | -11.86% May 14, 2015 - Nov 4, 2015 | -8.63% Sep 8, 2016 - Jan 26, 2017 |
| #12 | -11.78% Sep 2, 2020 - Oct 13, 2020 | -8.09% May 21, 2013 - Jul 15, 2013 |
| #13 | -11.35% Oct 13, 2020 - Nov 23, 2020 | -7.21% Jul 10, 2024 - Aug 30, 2024 |
| #14 | -9.97% Dec 6, 2024 - Feb 10, 2025 | -6.77% Nov 28, 2014 - Feb 27, 2015 |
| #15 | -9.70% Apr 29, 2019 - Nov 25, 2019 | -6.17% Jan 22, 2014 - Feb 18, 2014 |
Correlation
Correlation between SKYY and ETY is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2007 - 2026)
SKYY vs ETY dividend yield comparison.
| Year | SKYY | ETY |
|---|---|---|
| 2026 | 0.00% | 3.43% |
| 2025 | 0.00% | 7.76% |
| 2024 | 0.00% | 7.59% |
| 2023 | 0.00% | 7.92% |
| 2022 | 0.23% | 10.04% |
| 2021 | 0.78% | 7.01% |
| 2020 | 0.17% | 8.26% |
| 2019 | 0.54% | 8.08% |
| 2018 | 0.37% | 9.92% |
| 2017 | 0.27% | 8.30% |
| 2016 | 0.35% | 9.77% |
| 2015 | 0.41% | 9.03% |
| 2014 | 0.17% | 9.06% |
| 2013 | 0.00% | 9.26% |
| 2012 | 0.02% | 11.19% |
| 2011 | 0.08% | 13.06% |
| 2010 | 0.00% | 14.35% |
| 2009 | 0.00% | 14.09% |
| 2008 | 0.00% | 17.11% |
| 2007 | 0.00% | 11.13% |
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