In trading on Thursday, the First Trust Cloud Computing ETF is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of Snowflake, up about 32.1% and shares of Mongodb, up about 16.1% on the day.

And underperforming other ETFs today is the Vanguard Communication Services ETF, off about 1.2% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Warner Music Group, lower by about 9.9%, and shares of Alphabet, lower by about 6.5% on the day.

VIDEO: Thursday’s ETF Movers: SKYY, VOX