FPX vs. IVES ETF Comparison
Comparison of First Trust IPOX-100 Index Fund (FPX) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
FPX
First Trust IPOX-100 Index Fund
FPX Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the IPOX(R)-100 U.S. Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified, value-weighted price index measuring the performance of the top U.S. companies ranked quarterly by market capitalization in the IPOX(R) Global Composite Index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$99.97
Average Daily Volume
15,269
89
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
$46.26
Average Daily Volume
4,051
46
Performance
Period | FPX | IVES |
---|---|---|
30 Days | 0.60% | 5.39% |
60 Days | -1.62% | 3.75% |
90 Days | -1.79% | 0.91% |
12 Months | 13.01% | 30.29% |
FPX Overweight 85 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
REGN | B | 9.18% | |
CARR | B | 6.78% | |
ABNB | B | 6.19% | |
OTIS | B | 3.46% | |
CEG | C | 3.2% | |
CRWD | A | 2.8% | |
PLTR | B | 2.78% | |
DASH | D | 2.69% | |
VRT | C | 2.58% | |
DKNG | F | 2.58% | |
KVUE | F | 2.1% | |
GEV | C | 1.92% | |
DUOL | F | 1.78% | |
COIN | D | 1.53% | |
CNM | D | 1.47% | |
HQY | B | 1.45% | |
GEHC | D | 1.43% | |
CRBG | C | 1.41% | |
SNOW | D | 1.33% | |
CR | B | 1.31% | |
HOOD | B | 1.18% | |
RKT | C | 1.09% | |
HPE | C | 1.08% | |
APP | A | 1.08% | |
OWL | D | 1.01% | |
VLTO | D | 0.96% | |
AZEK | D | 0.96% | |
VERX | B | 0.88% | |
PCVX | B | 0.85% | |
DTM | B | 0.82% | |
RDDT | A | 0.82% | |
CRDO | B | 0.81% | |
RBLX | B | 0.8% | |
NSIT | B | 0.76% | |
CHK | C | 0.75% | |
RYAN | C | 0.75% | |
MKSI | B | 0.69% | |
JXN | B | 0.66% | |
NRG | C | 0.65% | |
TPG | D | 0.61% | |
ESAB | D | 0.57% | |
UTHR | B | 0.56% | |
BSY | D | 0.55% | |
EDR | A | 0.55% | |
THC | B | 0.54% | |
FNF | D | 0.53% | |
VNT | D | 0.52% | |
PR | C | 0.49% | |
GKOS | A | 0.47% | |
KNF | D | 0.47% | |
COHR | A | 0.43% | |
COOP | C | 0.42% | |
TOST | C | 0.42% | |
LNW | B | 0.38% | |
PSN | B | 0.35% | |
BROS | B | 0.3% | |
ELAN | F | 0.28% | |
CIVI | D | 0.27% | |
KNTK | A | 0.25% | |
RVMD | D | 0.25% | |
FOUR | B | 0.25% | |
ETRN | D | 0.23% | |
RBRK | D | 0.22% | |
OGN | C | 0.21% | |
NUVL | C | 0.2% | |
STEP | A | 0.2% | |
AMK | B | 0.2% | |
DOCS | C | 0.2% | |
ACT | B | 0.19% | |
TMDX | B | 0.19% | |
VRRM | B | 0.18% | |
OSCR | D | 0.17% | |
HIMS | C | 0.17% | |
DYN | C | 0.14% | |
SGBX | F | 0.13% | |
NPAB | C | 0.12% | |
ACVA | D | 0.12% | |
PRCT | C | 0.12% | |
ACLX | B | 0.11% | |
HAYW | F | 0.1% | |
RXST | D | 0.09% | |
ARHS | C | 0.09% | |
PHIN | C | 0.07% | |
KYMR | D | 0.07% | |
KROS | F | 0.06% |
FPX Underweight 42 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
OTEX | D | -4.64% | |
ESTC | B | -4.43% | |
DDOG | B | -3.22% | |
SMCI | C | -3.15% | |
NTAP | A | -2.92% | |
MDB | D | -2.92% | |
OKTA | C | -2.9% | |
PSTG | C | -2.8% | |
NTNX | D | -2.67% | |
MSTR | D | -2.53% | |
GDS | B | -2.17% | |
CFLT | D | -1.82% | |
APPF | B | -1.75% | |
GTLB | D | -1.52% | |
DBX | D | -1.43% | |
HCP | A | -1.31% | |
SMAR | B | -1.16% | |
CVLT | A | -1.01% | |
KC | F | -0.81% | |
FROG | B | -0.77% | |
BLKB | D | -0.76% | |
BOX | D | -0.74% | |
ZETA | B | -0.73% | |
NCNO | C | -0.7% | |
VNET | C | -0.67% | |
TDC | C | -0.65% | |
DOCN | D | -0.6% | |
NABL | B | -0.55% | |
INTA | B | -0.51% | |
RNG | D | -0.5% | |
APPN | D | -0.43% | |
PDFS | B | -0.42% | |
SWI | B | -0.39% | |
JAMF | D | -0.39% | |
EVBG | B | -0.28% | |
FSLY | F | -0.2% | |
GDYN | C | -0.15% | |
RXT | B | -0.13% | |
DOMO | C | -0.06% | |
BLZE | D | -0.05% | |
EGHT | F | -0.05% | |
UIS | D | -0.05% |
FPX: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords