HACK vs SKYY: Head-to-Head Comparison
Last updated: March 2026 • Cybersecurity vs Cloud
Quick Verdict
Both ETFs score equally well for beginners (8/10). Your choice depends on your specific investment goals.
Side-by-Side Comparison
Key Differences Between HACK and SKYY
HACK (ETFMG Prime Cyber Security ETF) is a cybersecurity fund managed by ETFMG. HACK invests in companies that provide cybersecurity hardware, software, and services to protect against digital threats. It covers the full spectrum from network security to endpoint protection and cloud security solutions. As cyberattacks grow more frequent and sophisticated, this fund offers exposure to an industry with strong recurring revenue and long-term growth.
SKYY (First Trust Cloud Computing ETF) is a cloud computing fund managed by First Trust. SKYY invests in companies that deliver cloud computing infrastructure, platforms, and software services to businesses and consumers. It spans the full cloud technology stack from data center operators to SaaS application providers. This fund captures the ongoing shift of enterprise computing workloads from on-premise hardware to cloud-based services.
The most notable differences are in fees (0.60% vs 0.60%), number of holdings (60 vs 70), and 5-year returns (11.00% vs 10.00%).
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Holdings Overlap Analysis
0%
Holdings Overlap
HACK and SKYY share only 0% of their top holdings. These funds are quite different, making them complementary choices if you want broader market coverage.
Cost Comparison Over Time
If you invest $10,000 and hold for 20 years (assuming 8% annual returns):
HACK
Fee cost: $4,914
SKYY
Fee cost: $4,914
Over 20 years, the fee difference amounts to $0 on a $10,000 investment. The cost difference is negligible — choose based on other factors.
Which One Should a Beginner Choose?
Choose HACK if: You want investors who believe cybersecurity spending will continue growing as threats evolve, those looking for a defensive technology theme with recurring revenue characteristics, tech-savvy investors who want focused exposure to the digital security industry. It's managed by ETFMG with an expense ratio of 0.60%.
Choose SKYY if: You want investors who want targeted exposure to the cloud computing megatrend, those who believe enterprise cloud adoption still has significant room to grow, technology sector enthusiasts looking for a thematic complement to broad tech funds. It's managed by First Trust with an expense ratio of 0.60%.
Can You Own Both HACK and SKYY?
Absolutely! With only 0% overlap, HACK and SKYY complement each other well. A simple portfolio might allocate 60% to one and 40% to the other, or you could pair them with a bond ETF like BND for a complete three-fund portfolio.
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Frequently Asked Questions
Should I buy HACK or SKYY?▾
Both ETFs score equally well for beginners (8/10). Your choice depends on your specific investment goals. However, both are solid options. HACK is best for investors who want investors who believe cybersecurity spending will continue growing as threats evolve, while SKYY is better suited for investors who want targeted exposure to the cloud computing megatrend.
What is the difference between HACK and SKYY?▾
HACK (ETFMG Prime Cyber Security ETF) tracks cybersecurity investments with 60 holdings and a 0.60% expense ratio. SKYY (First Trust Cloud Computing ETF) focuses on cloud computing with 70 holdings at 0.60%. Their top holdings overlap by 0%.
Can I own both HACK and SKYY?▾
Yes! With only 0% holdings overlap, HACK and SKYY complement each other well. Owning both gives you broader diversification.