FTXL vs. IVES ETF Comparison

Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

FTXL

First Trust Nasdaq Semiconductor ETF

FTXL Description

The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.

Grade (RS Rating)

Last Trade

$86.31

Average Daily Volume

28,697

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	FTXL	IVES
30 Days	-6.55%	7.17%
60 Days	-2.36%	5.41%
90 Days	-7.43%	7.27%
12 Months	20.04%	43.26%

8 Overlapping Holdings

Symbol	Grade	Weight in FTXL	Weight in IVES	Overlap
AMD	F	2.47%	1.8%	1.8%
AVGO	C	8.81%	2.14%	2.14%
INTC	C	8.92%	2.29%	2.29%
MPWR	F	1.26%	1.48%	1.26%
MRVL	B	4.05%	2.71%	2.71%
MU	D	4.4%	2.18%	2.18%
NVDA	B	10.11%	2.55%	2.55%
QCOM	F	7.59%	2.08%	2.08%

FTXL Overweight 23 Positions Relative to IVES

Symbol	Grade	Weight
AMAT	F	7.7%
TXN	C	4.04%
ADI	D	3.81%
LRCX	F	3.75%
ON	F	3.67%
NXPI	F	3.57%
MCHP	F	3.33%
KLAC	F	3.3%
AMKR	F	3.24%
SWKS	F	3.23%
AVT	C	2.22%
COHR	B	1.93%
TER	F	1.57%
QRVO	F	1.45%
CRUS	F	1.13%
RMBS	C	0.74%
MTSI	B	0.62%
PI	D	0.6%
LSCC	D	0.59%
SMTC	C	0.58%
FORM	F	0.45%
ONTO	F	0.42%
ACLS	F	0.39%

FTXL Underweight 28 Positions Relative to IVES

Symbol	Grade	Weight
TEAM	A	-3.08%
CFLT	C	-2.89%
GTLB	B	-2.56%
APPN	B	-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%
GOOGL	B	-2.33%
CIEN	B	-2.28%
HPE	B	-2.26%
HPQ	B	-2.21%
MSFT	D	-2.18%
DDOG	B	-2.16%
HCP	B	-2.15%
ANET	C	-2.14%
JNPR	D	-2.13%
AAPL	C	-2.12%
NTAP	D	-2.1%
WDC	F	-2.07%
IBM	D	-2.0%
DOCN	D	-1.92%
BABA	D	-1.7%
SMCI	F	-1.13%