Beware of impersonation and scams. Verify official domains before acting.
Research/Cloud / Software / Internet ETF Theme Comparison/Cloud / Software / InternetData 2026-07-14
Cloud / Software / Internet ETF Theme Comparison - aeoae

Cloud / Software / Internet ETF Overview

This group currently tracks 6 ETFs, with average boundary fit 58.9% and average structure score 0.59.

Mainline ExpansionSECTOR PHASE

Cloud / Software / Internet is still one of the strongest groups, but it is already extended above L4 across many members, so read it as profit-taking and pullback management first.

Use this page as a filter, then verify single-ETF detail pages.

Participation
83.0%
Breakout Share
33.0%
Average Fit
58.9%

01Group Overview

Start with size, participation, breakout depth and current fit.
Tracked ETFs
6
Current snapshot
L3+
5
83.0%
Watch List
0
Middle structure
Defense Zone
1
17.0%

02Group Conclusion

Conclusion first, evidence second, ETF data third.
Main Trend
Mainline Expansion

Cloud / Software / Internet is still one of the strongest groups, but it is already extended above L4 across many members, so read it as profit-taking and pullback management first.

Direction
83.0%

Participation · Breakout Share 33.0% · Average Fit 58.9%

Action Bias
0.56

Start with higher-ranked ETFs, then verify boundary details.

03Peer Group Comparison

Compare adjacent groups on one scale.
GroupParticipationBreakoutTrend ScoreStructure FitStage
Cybersecurity100.0%100.0%0.9474.3%Mainline Expansion
Broad Commodities90.0%30.0%0.6075.2%Mainline Expansion
Oil & Gas / Energy92.0%29.0%0.5868.0%Mainline Expansion
Cloud / Software / Internet83.0%33.0%0.5658.9%Mainline Expansion
Utilities100.0%0.0%0.5058.3%Leader-Led
Agriculture / Water Resources60.0%60.0%0.5062.5%Mainline Expansion
Russell 100083.0%17.0%0.4958.2%Leader-Led
Financials / Banks64.0%32.0%0.4758.1%Mainline Expansion

04ETF Ranking and Selection

Answer which ETF deserves attention first.

05Theme Structure

Separate breadth, breakout, defense and fit.
Participation
83.0%
Breakout Share
33.0%
Defense
17.0%
Average Fit
58.9%
Score
55.8%

06ETF Comparison Module

Each ETF shows trend, stage, room, fit and ranking reason.
TickerNameTrendStageTarget RoomHistorical FitRankWhy Leading
FDNFirst Trust Dow Jones Internet Index Fundbullish-leaning structureL3-L4--53.2%1/6Above L3 by 0.5%, stronger group position
XSWState Street SPDR S&P Software & Services ETFbullish-leaning structureL3-L4--56.8%2/6Above L3 by 0.6%, stronger group position
SKYYFirst Trust Cloud Computing ETFbullish-leaning structureL3-L4--56.5%3/6Above L3 by 0.5%, stronger group position
ARKWARK Next Generation Internet ETFneutral structureL1-L2--37.7%4/6Currently in L1-L2, useful peer benchmark
IGViShares Expanded Tech-Software Sector ETFbullish-leaning structureL4+--56.5%5/6Above L3 by 0.3%, stronger group position
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fundbullish-leaning structureL3-L4--67.5%6/6Above L3 by 0.7%, stronger group position

07ETF Lanes

Narrow the group before opening ETF details.

08What This Page Answers

Three frequent questions with direct answers.
Is Cloud / Software / Internet strong now?

Cloud / Software / Internet is currently in Mainline Expansion; participation is 83.0% and breakout share is 33.0%.

Which Cloud / Software / Internet ETF should be checked first?

Start with the first ranking card, then verify boundaries, review history and liquidity on the detail page.

What should I do next?

Open a single ETF detail page and verify Daily Review, boundary prices, holdings, liquidity and fees.

1

Read rotation first

Use the rotation radar to place this group in the broader market.

Open Rotation Radar ->
2

Then check ranking

Open the higher-ranked ETF detail first.

Open Top ETF ->
3

Cross-check peers

If the group is weak, compare peers to see where strength is moving.

Back to Research ->

09Group Distribution

Trend and boundary distribution clarify structure quickly.

Trend Distribution

83.3%16.7%
Bullish
83.3%
5
Neutral
16.7%
1

Boundary Distribution

66.7%16.7%16.7%
L3-L4
66.7%
4
L1-L2
16.7%
1
L4+
16.7%
1

10Difference Reading

Conclusion, evidence and boundary note.
Insight
  • Conclusion - Cloud / Software / Internet is still one of the strongest groups, but it is already extended above L4 across many members, so read it as profit-taking and pullback management first.
  • Evidence - Participation 83.0% · Breakout Share 33.0% · Average Fit 58.9%
  • Boundary - Compare leaders and laggards instead of treating the whole group as one state.

11ETF Comparison Matrix

Compare on one basis instead of reading one-day moves only.
TickerNameTrendZoneLinesStructure FitReviewScore
FDNFirst Trust Dow Jones Internet Index Fundbullish-leaning structureL3-L4353.2%0.0%0.73
XSWState Street SPDR S&P Software & Services ETFbullish-leaning structureL3-L4356.8%0.0%0.73
SKYYFirst Trust Cloud Computing ETFbullish-leaning structureL3-L4356.5%0.0%0.69
ARKWARK Next Generation Internet ETFneutral structureL1-L2237.7%0.0%0.69
IGViShares Expanded Tech-Software Sector ETFbullish-leaning structureL4+356.5%0.0%0.69
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fundbullish-leaning structureL3-L4367.5%0.0%0.34

1212-D Reading Frame

Read position, buffer and fit layers before the full table.
Position Layer
Average vs L3 0.4%

Shows whether the group is only crossing the midline or already stretched far from L3.

Buffer Layer
Average vs L1 4.5%

Shows how much buffer remains above L1, which helps separate repair from stability.

Fit Layer
Average Boundary60 29.5

Shows the average historical boundary review score, a quick read on evidence quality.

TickerNameTrendLinesZoneStructure FitReviewvs L3vs L1L4 StateSamples
FDNFirst Trust Dow Jones Internet Index Fundbullish-leaning structure3L3-L453.2%100.0%0.5%3.2%below trigger60
XSWState Street SPDR S&P Software & Services ETFbullish-leaning structure3L3-L456.8%100.0%0.6%4.0%below trigger60
SKYYFirst Trust Cloud Computing ETFbullish-leaning structure3L3-L456.5%100.0%0.5%3.5%below trigger60
ARKWARK Next Generation Internet ETFneutral structure2L1-L237.7%100.0%-0.5%3.4%below trigger60
IGViShares Expanded Tech-Software Sector ETFbullish-leaning structure3L4+56.5%100.0%0.3%4.2%below trigger60
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fundbullish-leaning structure3L3-L467.5%100.0%0.7%8.8%below trigger60

13Historical Review Frame

Combine phase-target replay, reach efficiency and boundary review in one table.
Current Phase
Average samples 1

Shows how many historical phase samples this group can replay against.

Phase Review
15/30D 0.0% / 33.3%

Shows how often targets were reached in shorter windows, a read on near-term efficiency.

Boundary Review
60D 100.0% · avg 31.0 days

Combines 60D reach rate and average days to target, a read on completion speed.

TickerNameReview SamplesHit RateAvg DaysL4 15DL4 30DL4 60DStabilityBoundary 20Boundary 60
FDNFirst Trust Dow Jones Internet Index Fund1100.0%18.00.0%100.0%100.0%moderate28.928.3
XSWState Street SPDR S&P Software & Services ETF1100.0%40.00.0%0.0%100.0%lower confidence22.429.2
SKYYFirst Trust Cloud Computing ETF1100.0%34.00.0%0.0%100.0%moderate31.632.7
ARKWARK Next Generation Internet ETF1100.0%23.00.0%100.0%100.0%moderate28.023.4
IGViShares Expanded Tech-Software Sector ETF1100.0%38.00.0%0.0%100.0%moderate32.132.1
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund1100.0%33.00.0%0.0%100.0%lower confidence24.631.4

14Boundary Position Table

Compare close with L2/L3/L4 and read the current boundary zone.
TickerNameCloseL2L3L4Position
FDNFirst Trust Dow Jones Internet Index Fund271.66268.12270.26273.28L3-L4
XSWState Street SPDR S&P Software & Services ETF161.87159.29160.91163.34L3-L4
SKYYFirst Trust Cloud Computing ETF129.77128.00129.13130.86L3-L4
ARKWARK Next Generation Internet ETF145.38144.04146.05150.37L1-L2
IGViShares Expanded Tech-Software Sector ETF92.4891.1792.2294.65L4+
GRIDFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund190.98185.12189.68198.91L3-L4

15Research Caliber

Grouping source, comparison order and interpretation boundary.
Grouping Source

Members follow the same grouping used by the rotation radar, so this page is rebuilt as data updates.

Reading Order

Read group breadth and distribution first, then ETF lanes, boundary position and historical fit.

Interpretation Boundary

The page explains relative structure inside the group; it does not replace official disclosures or suitability checks.

Risk Note - Risk note: group strength changes quickly. Verify official disclosures, liquidity and suitability independently.