AGOX vs. IVES ETF Comparison

Comparison of Adaptive Growth Opportunities ETF (AGOX) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

AGOX

Adaptive Growth Opportunities ETF

AGOX Description

The investment seeks capital appreciation. The fund's portfolio manager seeks to achieve its investment objective of capital appreciation by investing in ETFs that are registered under the Investment Company Act of 1940, as amended and not affiliated with the fund that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. The manager primarily utilizes ETFs and equities but may also use fixed income securities to diversify its asset classes. The fixed income securities in which the fund will invest will be investment grade and may be of any duration or maturity.

Grade (RS Rating)

Last Trade

$28.68

Average Daily Volume

26,935

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$46.60

Average Daily Volume

4,335

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AGOX	IVES
30 Days	5.92%	5.56%
60 Days	14.74%	3.89%
90 Days	16.61%	3.70%
12 Months	21.36%	26.97%

2 Overlapping Holdings

	Symbol	Grade	Weight in AGOX	Weight in IVES	Overlap
	APPF	B	0.93%	1.75%	0.93%
	SMCI	C	4.25%	2.95%	2.95%

AGOX Overweight 68 Positions Relative to IVES

Symbol	Grade	Weight
SMH	B	11.24%
NVDA	C	10.07%
QQQ	B	7.65%
LLY	B	3.22%
CEG	C	2.93%
BSX	B	1.76%
MSFT	C	1.76%
TSLA	C	1.69%
HWM	D	1.67%
VRT	D	1.62%
AAPL	B	1.61%
CRM	F	1.38%
AMZN	C	1.37%
GE	D	1.13%
PGR	B	1.12%
VRSK	B	1.11%
VRTX	A	1.11%
DECK	D	1.07%
META	C	1.06%
AVGO	B	1.0%
KCE	A	1.0%
NVO	C	1.0%
AMD	C	0.99%
CPRT	B	0.86%
REGN	B	0.84%
SNPS	B	0.81%
TDG	D	0.81%
GWW	D	0.79%
FICO	A	0.79%
ETN	C	0.78%
BMI	C	0.78%
T	B	0.72%
SPSC	C	0.66%
XAR	B	0.66%
MMS	B	0.63%
CDNS	C	0.55%
ACLS	C	0.54%
CBOE	F	0.51%
IR	B	0.41%
BKNG	C	0.4%
ARGT	D	0.4%
ELF	B	0.4%
AMP	B	0.37%
MOG.A	B	0.33%
AI	C	0.31%
JPM	B	0.3%
RJF	D	0.3%
FSS	C	0.28%
ECL	A	0.27%
TYL	B	0.25%
TPH	B	0.24%
HUBB	D	0.23%
BAC	A	0.23%
SCHW	C	0.23%
SWKS	B	0.23%
GRBK	A	0.21%
WINA	C	0.2%
TEX	D	0.2%
WCC	D	0.19%
MANH	C	0.18%
PWR	D	0.11%
SAGE	D	0.04%
XOM	D	0.02%
ORCL	B	0.01%
ADI	B	0.01%
MPC	F	0.01%
BIO	D	0.0%
OGIG	C	0.0%

AGOX Underweight 43 Positions Relative to IVES

Symbol	Grade	Weight
OTEX	D	-4.74%
ESTC	C	-4.37%
DDOG	C	-3.33%
NET	C	-3.31%
MDB	F	-3.14%
OKTA	D	-2.98%
NTAP	B	-2.88%
IOT	C	-2.85%
NTNX	D	-2.8%
PSTG	B	-2.74%
GDS	C	-2.46%
MSTR	D	-2.1%
CFLT	F	-1.78%
INFA	D	-1.78%
GTLB	D	-1.6%
DBX	F	-1.41%
HCP	B	-1.29%
SMAR	C	-1.15%
KD	C	-1.14%
CVLT	B	-1.03%
KC	F	-0.79%
FROG	C	-0.76%
BLKB	D	-0.74%
BOX	F	-0.73%
ZETA	C	-0.73%
VNET	C	-0.71%
NCNO	C	-0.69%
TDC	D	-0.63%
DOCN	D	-0.6%
NABL	B	-0.52%
INTA	D	-0.51%
RNG	F	-0.49%
APPN	D	-0.43%
JAMF	C	-0.42%
PDFS	C	-0.4%
SWI	D	-0.39%
FSLY	F	-0.19%
GDYN	D	-0.15%
RXT	C	-0.12%
UIS	F	-0.06%
BLZE	F	-0.05%
DOMO	D	-0.05%
EGHT	F	-0.05%