GURU vs. IVES ETF Comparison
Comparison of Global X Top Guru Holdings Index ETF (GURU) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
GURU
Global X Top Guru Holdings Index ETF
GURU Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Top Guru Holdings Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs based on the securities in the underlying index. The underlying index is comprised of the top U.S. listed equity positions reported on Form 13F by a select group of entities that Structured Solutions AG (the "Index Provider") characterizes as hedge funds. The Adviser uses a "passive" or indexing approach to try to achieve the fund's investment objective. It is non-diversified.
Grade (RS Rating)
Last Trade
$52.56
Average Daily Volume
1,363
60
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 | GURU | IVES |
---|---|---|
30 Days | 8.26% | 7.17% |
60 Days | 10.31% | 5.41% |
90 Days | 14.36% | 7.27% |
12 Months | 42.41% | 43.26% |
GURU Overweight 51 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
TPL | A | 2.29% | |
DAL | C | 2.23% | |
EXPE | B | 1.92% | |
GWRE | A | 1.82% | |
FI | A | 1.78% | |
LAD | A | 1.77% | |
RBLX | C | 1.75% | |
INCY | C | 1.72% | |
CRM | B | 1.72% | |
JHG | A | 1.72% | |
NUVL | D | 1.69% | |
PWR | A | 1.68% | |
PTCT | B | 1.66% | |
PLNT | A | 1.66% | |
MDGL | B | 1.65% | |
HWM | A | 1.64% | |
CEG | D | 1.64% | |
WELL | A | 1.63% | |
HTZ | C | 1.62% | |
PCG | A | 1.6% | |
CAR | C | 1.59% | |
HD | A | 1.58% | |
GDDY | A | 1.57% | |
UTHR | C | 1.57% | |
MA | C | 1.55% | |
ABG | B | 1.55% | |
CYBR | B | 1.54% | |
CPNG | D | 1.53% | |
CMG | B | 1.52% | |
CARR | D | 1.52% | |
HES | B | 1.49% | |
TSM | B | 1.49% | |
SHW | A | 1.48% | |
EDR | A | 1.47% | |
CSX | B | 1.46% | |
META | D | 1.44% | |
UNH | C | 1.43% | |
SPGI | C | 1.42% | |
THC | D | 1.4% | |
K | A | 1.4% | |
ROIV | C | 1.39% | |
GRBK | D | 1.37% | |
LIN | D | 1.37% | |
STX | D | 1.35% | |
POST | C | 1.3% | |
ACI | C | 1.29% | |
PLD | D | 1.27% | |
ASH | D | 1.26% | |
X | C | 1.2% | |
FOLD | F | 1.18% | |
ESTC | C | 1.1% |
GURU Underweight 27 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | A | -3.13% | |
CFLT | B | -3.13% | |
VRT | B | -2.83% | |
GTLB | B | -2.72% | |
MDB | C | -2.5% | |
DDOG | A | -2.47% | |
DELL | C | -2.43% | |
APPN | B | -2.4% | |
CDNS | B | -2.4% | |
SNPS | B | -2.35% | |
INTC | D | -2.28% | |
HPQ | B | -2.22% | |
HPE | B | -2.22% | |
NTAP | C | -2.16% | |
CIEN | B | -2.15% | |
ANET | C | -2.15% | |
MU | D | -2.12% | |
HCP | B | -2.1% | |
WDC | D | -2.09% | |
IBM | C | -2.07% | |
AVGO | D | -1.95% | |
QCOM | F | -1.94% | |
JNPR | F | -1.92% | |
DOCN | D | -1.91% | |
AMD | F | -1.69% | |
SMCI | F | -1.52% | |
MPWR | F | -1.29% |
GURU: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords