AGIX vs. IVES ETF Comparison
Comparison of KraneShares Artificial Intelligence & Technology ETF (AGIX) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
AGIX
KraneShares Artificial Intelligence & Technology ETF
AGIX Description
AGIX provides exposure to global opportunities across the artificial intelligence value chain. The fund focuses on stocks involved in AI applications, hardware, or infrastructure. Individual stocks are selected based on a proprietary industry relevance score. The assessment of relevance is based on revenue, business descriptions, public filings, press releases, and financial disclosures directly tied to AI related business. In addition to industry relevance, stocks must have a minimum market-cap of $2 billion USD and meet minimum trading liquidity requirements to be considered for the index. The underlying index is reconstituted and rebalanced on a quarterly basis. Holdings will contain primarily listed stocks but can also be private companies, which are not securities included in the underlying index. The fund may also use derivatives such as swaps, forwards, futures and structured notes.
Grade (RS Rating)
Last Trade
$27.14
Average Daily Volume
3,434
34
IVES
Wedbush ETFMG Global Cloud Technology ETF
IVES Description
The Wedbush ETFMG Global Cloud Technology ETF (IVES) largely holds the “undercover gems” of cloud-based technology. The Fund’s investment objective seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Dan Ives Global Cloud Technology Prime Index. The Dan Ives Global Cloud Technology Prime Index (the “Index”) is an Index of Prime Indexes, a division of Level ETF Ventures LLC. The Index has been created to provide investors with a reference measure that enables them to track both event-driven news and long-term trends of cloud technology companies. The Index is designed to include the securities of companies across the globe engaged in providing infrastructure, equipment, connectivity, data back-up and storage services as well as data center management for enterprise-based software applications. Additionally, the constituents engaged in providing cloud-based software platforms that enable businesses to move data and software applications onto the cloud – cloud-enabling Software as a Service (SaaS) technologies. These companies are known collectively as “Cloud Technology Companies.”Grade (RS Rating)
Last Trade
$49.21
Average Daily Volume
1,131
36
Performance
| Period | AGIX | IVES |
|---|---|---|
| 30 Days | 4.11% | 7.17% |
| 60 Days | 10.61% | 5.41% |
| 90 Days | 9.42% | 7.27% |
| 12 Months | 43.26% |
18 Overlapping Holdings
| Symbol | Grade | Weight in AGIX | Weight in IVES | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 5.26% | 2.12% | 2.12% | |
| AMD | F | 1.39% | 1.8% | 1.39% | |
| AMZN | B | 5.14% | 2.4% | 2.4% | |
| ANET | C | 2.1% | 2.14% | 2.1% | |
| AVGO | C | 3.49% | 2.14% | 2.14% | |
| DDOG | B | 1.96% | 2.16% | 1.96% | |
| GOOGL | B | 3.22% | 2.33% | 2.33% | |
| GTLB | B | 1.73% | 2.56% | 1.73% | |
| MDB | C | 1.64% | 2.36% | 1.64% | |
| MRVL | B | 2.51% | 2.71% | 2.51% | |
| MSFT | D | 6.91% | 2.18% | 2.18% | |
| MU | D | 1.5% | 2.18% | 1.5% | |
| NVDA | B | 8.07% | 2.55% | 2.55% | |
| ORCL | A | 2.35% | 2.38% | 2.35% | |
| QCOM | F | 1.78% | 2.08% | 1.78% | |
| SNOW | C | 1.5% | 2.35% | 1.5% | |
| SNPS | C | 1.25% | 2.38% | 1.25% | |
| VRT | A | 2.45% | 2.52% | 2.45% |
AGIX Underweight 18 Positions Relative to IVES
AGIX: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords
Compare ETFs
