Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the First Trust ISE Cloud Computing Index Fund (Nasdaq: SKYY) has earned a coveted five-star ranking.

With that in mind, let's take a closer look at First Trust ISE Cloud Computing and see what CAPS investors are saying about the ETF right now.

First Trust ISE Cloud Computing facts

Inception July 2011
Total Assets $60.1 million
Investment Approach Seeks results that correspond to an equity index called the ISE Cloud Computing Index, which is designed to track the performance of companies actively involved in the cloud computing industry.
Expense Ratio 0.6%
1-Month / 3-Month Returns 13.1% / (3.9%)
Top Holdings with High CAPS Rating (4 or 5 Stars) and Portfolio Weight

Cisco Systems (Nasdaq: CSCO) (4.1%)

Google (Nasdaq: GOOG) (4%)

Oracle (Nasdaq: ORCL) (3.6%)

Alternatives

Technology Select Sector SPDR (NYSE: XLK)

Vanguard Information Technology (NYSE: VGT)

Sources: Morningstar and Motley Fool CAPS.

On CAPS, all but one of the 31 members who have rated First Trust ISE Cloud Computing believe the ETF will outperform the S&P 500 going forward. These bulls include PAJO2011 and Erjune.

This past summer, PAJO2011 summed up the opportunity: "Managing IT infrastructure is a significant expense and challenge for small to mid size businesses who cannot justify a dedicated IT staff. Cloud computing may well be the solution to a long term problem of keeping up with the demands of changing technology for small to mid size companies."

While broader technology ETFs like Technology Select Sector SPDR and Vanguard Information Technology have cheaper expense ratios, First Trust ISE Cloud Computing is the first pure ETF play on the cloud computing theme, according to Morningstar.

CAPS member Erjune expands on the outperform argument:

There is literally no place to go but cloud computing. The world's info more than doubles every year. ... By 2015, 20% of information will be touched by cloud services and 10% will be stored on the cloud. The benefits of cloud computing include flexibility, cheaper/less-labor intensive, virtually unlimited storage, minimizes the requirement of an IT Staff, greener, reduces run-time and response time, minimizes infrastructure risks, lowers cost of entry for businesses, and increases the pace of innovation.

It's as simple as this: cloud computing is the next big technological revolution, and an [ETF] tracking that sector is definitely going to outperform the S&P 500.

What do you think about First Trust ISE Cloud Computing, or any other ETF for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional ETFs is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!

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Fool contributor Brian Pacampara owns no position in any of the companies mentioned. The Motley Fool owns shares of Cisco, Google, and Oracle, and has created a bull call spread position on Cisco. Motley Fool newsletter services have recommended buying shares of Cisco and Google. Try any of our Foolish newsletter services free for 30 days.

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