DFNV vs. IVES ETF Comparison

Comparison of TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$36.99

Average Daily Volume

20,580

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

$49.21

Average Daily Volume

1,131

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DFNV	IVES
30 Days	8.99%	7.17%
60 Days	10.78%	5.41%
90 Days	13.77%	7.27%
12 Months	41.35%	43.26%

11 Overlapping Holdings

Symbol	Grade	Weight in DFNV	Weight in IVES	Overlap
AAPL	C	8.05%	2.12%	2.12%
AMZN	C	0.19%	2.24%	0.19%
ANET	C	1.55%	2.15%	1.55%
AVGO	D	3.96%	1.95%	1.95%
DDOG	A	1.22%	2.47%	1.22%
IBM	C	2.11%	2.07%	2.07%
NTAP	C	0.85%	2.16%	0.85%
QCOM	F	2.09%	1.94%	1.94%
SNOW	C	1.17%	3.15%	1.17%
TEAM	A	1.36%	3.13%	1.36%
VRT	B	1.37%	2.83%	1.37%

DFNV Overweight 88 Positions Relative to IVES

Symbol	Grade	Weight
APP	B	3.13%
CRM	B	2.84%
NOW	A	2.71%
ABBV	D	2.59%
JNJ	D	2.48%
PLTR	B	2.42%
ADBE	C	2.24%
INTU	C	2.15%
BMY	B	2.0%
PANW	C	1.94%
GILD	C	1.86%
SPOT	B	1.84%
UBER	D	1.82%
CRWD	B	1.74%
AMGN	D	1.56%
MSI	B	1.53%
DASH	A	1.52%
FTNT	C	1.51%
PYPL	B	1.35%
ADSK	A	1.24%
TTD	B	1.22%
MMM	D	1.22%
EA	A	1.13%
WDAY	B	1.12%
UI	A	1.0%
RBLX	C	0.99%
ZS	C	0.95%
VEEV	C	0.95%
EXPE	B	0.84%
RMD	C	0.8%
DOCU	A	0.79%
MCHP	D	0.78%
NTNX	A	0.76%
PTC	A	0.75%
ZM	B	0.75%
DUOL	A	0.75%
MANH	D	0.72%
PSTG	D	0.69%
PINS	D	0.69%
GEN	B	0.67%
DT	C	0.63%
FFIV	B	0.59%
VRSN	F	0.57%
PCTY	B	0.55%
PEGA	A	0.53%
NBIX	C	0.53%
JKHY	D	0.51%
SWKS	F	0.51%
SMAR	A	0.51%
GNRC	B	0.48%
SOLV	C	0.48%
CVLT	B	0.47%
DBX	B	0.47%
LYFT	C	0.46%
HAS	D	0.44%
JAZZ	B	0.42%
ALTR	B	0.41%
ETSY	D	0.4%
MTCH	D	0.4%
PATH	C	0.39%
QLYS	C	0.39%
NYT	C	0.39%
MAT	D	0.36%
PI	D	0.36%
CWAN	B	0.35%
BOX	B	0.35%
TENB	C	0.35%
ENPH	F	0.32%
CRUS	D	0.32%
ZETA	D	0.32%
QRVO	F	0.3%
HALO	F	0.3%
ALKS	B	0.29%
BL	B	0.26%
VERX	B	0.24%
PLTK	B	0.23%
IGT	F	0.23%
ALRM	C	0.22%
PRGS	A	0.21%
RNG	B	0.21%
TDC	D	0.21%
FLNC	C	0.2%
RPD	C	0.19%
ACAD	D	0.19%
PTGX	C	0.17%
YELP	C	0.17%
YOU	D	0.17%
CMPR	D	0.14%

DFNV Underweight 25 Positions Relative to IVES

Symbol	Grade	Weight
CFLT	B	-3.13%
GTLB	B	-2.72%
MRVL	B	-2.67%
MDB	C	-2.5%
NVDA	C	-2.47%
DELL	C	-2.43%
APPN	B	-2.4%
CDNS	B	-2.4%
ORCL	B	-2.37%
SNPS	B	-2.35%
INTC	D	-2.28%
HPQ	B	-2.22%
HPE	B	-2.22%
CIEN	B	-2.15%
MU	D	-2.12%
GOOGL	C	-2.11%
HCP	B	-2.1%
MSFT	F	-2.09%
WDC	D	-2.09%
JNPR	F	-1.92%
DOCN	D	-1.91%
AMD	F	-1.69%
BABA	D	-1.56%
SMCI	F	-1.52%
MPWR	F	-1.29%