GTEK vs. IVES ETF Comparison
Comparison of Goldman Sachs Future Tech Leaders Equity ETF (GTEK) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
GTEK
Goldman Sachs Future Tech Leaders Equity ETF
GTEK Description
Goldman Sachs ETF Trust - Goldman Sachs Future Tech Leaders Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across information technology, communication services, internet and direct marketing retail and healthcare technology sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. Goldman Sachs ETF Trust - Goldman Sachs Future Tech Leaders Equity ETF was formed on September 14, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$31.75
Average Daily Volume
11,509
35
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 | GTEK | IVES |
|---|---|---|
| 30 Days | 2.11% | 7.17% |
| 60 Days | 8.44% | 5.41% |
| 90 Days | 9.12% | 7.27% |
| 12 Months | 27.52% | 43.26% |
GTEK Overweight 27 Positions Relative to IVES
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | A | 5.35% | |
| MSI | A | 2.63% | |
| CRWD | B | 2.44% | |
| DT | C | 2.42% | |
| FIS | B | 2.4% | |
| HUBS | A | 2.34% | |
| ZS | B | 2.31% | |
| MELI | D | 2.13% | |
| MNDY | C | 2.09% | |
| TTD | B | 1.95% | |
| TYL | B | 1.94% | |
| KLAC | F | 1.88% | |
| IOT | B | 1.67% | |
| TCOM | B | 1.63% | |
| ENTG | F | 1.52% | |
| SNAP | D | 1.19% | |
| MKSI | D | 1.18% | |
| ADI | D | 1.16% | |
| SHOP | A | 1.13% | |
| DASH | B | 1.05% | |
| BAH | D | 0.99% | |
| CDW | F | 0.98% | |
| KEYS | C | 0.91% | |
| JKHY | D | 0.86% | |
| ENPH | F | 0.82% | |
| TME | F | 0.77% | |
| ESTC | C | 0.68% |
GTEK Underweight 28 Positions Relative to IVES
| Symbol | Grade | Weight | |
|---|---|---|---|
| CFLT | C | -2.89% | |
| GTLB | B | -2.56% | |
| NVDA | B | -2.55% | |
| APPN | B | -2.53% | |
| VRT | A | -2.52% | |
| DELL | C | -2.43% | |
| AMZN | B | -2.4% | |
| SNPS | C | -2.38% | |
| ORCL | A | -2.38% | |
| GOOGL | B | -2.33% | |
| 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 | C | -2.14% | |
| JNPR | D | -2.13% | |
| AAPL | C | -2.12% | |
| NTAP | D | -2.1% | |
| QCOM | F | -2.08% | |
| WDC | F | -2.07% | |
| IBM | D | -2.0% | |
| DOCN | D | -1.92% | |
| AMD | F | -1.8% | |
| BABA | D | -1.7% | |
| MPWR | F | -1.48% | |
| SMCI | F | -1.13% |
GTEK: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords
Compare ETFs
