FFND vs. IVES ETF Comparison
Comparison of The Future Fund Active ETF (FFND) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
FFND
The Future Fund Active ETF
FFND Description
Northern Lights Fund Trust II - The Future Fund Active ETF is an exchange traded fund launched by Northern Lights Fund Trust II. The fund is managed by The Future Fund, LLC. It invests in public equity markets of the United States. The fund invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. It employs long/short strategy and uses derivatives such as futures and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs proprietary research to create its portfolio. Northern Lights Fund Trust II - The Future Fund Active ETF was formed on August 24, 2021 and is domiciled in the United States. The investment seeks to provide capital appreciation. Under normal market conditions, the fund, which is an actively managed ETF, will primarily invest in the equity securities of companies that the adviser believes to be best positioned to take advantage of or profit from emerging technological or social trends or developments.
Grade (RS Rating)
Last Trade
$25.75
Average Daily Volume
1,299
32
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 | FFND | IVES |
---|---|---|
30 Days | 5.12% | 7.17% |
60 Days | 10.64% | 5.41% |
90 Days | 11.34% | 7.27% |
12 Months | 34.63% | 43.26% |
FFND Overweight 25 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
CRM | B | 4.89% | |
NFLX | A | 4.58% | |
LLY | F | 4.25% | |
TSLA | B | 3.94% | |
LPLA | A | 3.49% | |
PANW | A | 3.36% | |
FTI | A | 3.31% | |
ERJ | B | 3.28% | |
UBER | F | 3.17% | |
DASH | B | 2.87% | |
GTLS | A | 2.82% | |
YETI | D | 2.35% | |
GLW | B | 2.32% | |
ABNB | C | 2.3% | |
DKNG | B | 2.26% | |
EW | C | 2.07% | |
FND | D | 2.02% | |
VRTX | D | 1.86% | |
GPRE | F | 1.84% | |
JD | D | 1.49% | |
HALO | F | 1.44% | |
KTOS | C | 1.26% | |
CELH | F | 1.17% | |
GLOB | C | 1.13% | |
ONON | B | 1.1% |
FFND Underweight 29 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | B | -3.08% | |
CFLT | B | -2.89% | |
MRVL | B | -2.71% | |
APPN | C | -2.53% | |
VRT | A | -2.52% | |
DELL | C | -2.43% | |
AMZN | B | -2.4% | |
CDNS | B | -2.38% | |
SNPS | C | -2.38% | |
ORCL | A | -2.38% | |
MDB | C | -2.36% | |
SNOW | C | -2.35% | |
INTC | C | -2.29% | |
CIEN | B | -2.28% | |
HPE | B | -2.26% | |
HPQ | B | -2.21% | |
MSFT | D | -2.18% | |
HCP | B | -2.15% | |
AVGO | D | -2.14% | |
ANET | D | -2.14% | |
JNPR | D | -2.13% | |
AAPL | C | -2.12% | |
NTAP | C | -2.1% | |
QCOM | F | -2.08% | |
WDC | F | -2.07% | |
IBM | C | -2.0% | |
DOCN | D | -1.92% | |
MPWR | F | -1.48% | |
SMCI | F | -1.13% |
FFND: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords