GVIP vs. IVES ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

GVIP

Goldman Sachs Hedge Industry VIP ETF

GVIP Description

The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.

Grade (RS Rating)

Last Trade

$127.66

Average Daily Volume

4,583

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	GVIP	IVES
30 Days	4.90%	7.17%
60 Days	7.68%	5.41%
90 Days	10.62%	7.27%
12 Months	39.62%	43.26%

10 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in IVES	Overlap
AAPL	C	1.82%	2.12%	1.82%
AMD	F	1.75%	1.69%	1.69%
AMZN	C	2.13%	2.24%	2.13%
AVGO	D	1.86%	1.95%	1.86%
BABA	D	1.94%	1.56%	1.56%
GOOGL	C	1.97%	2.11%	1.97%
HCP	B	1.77%	2.1%	1.77%
MSFT	F	1.78%	2.09%	1.78%
NVDA	C	2.21%	2.47%	2.21%
WDC	D	1.88%	2.09%	1.88%

GVIP Overweight 39 Positions Relative to IVES

Symbol	Grade	Weight
GEV	B	3.27%
APO	B	2.81%
HUBS	A	2.5%
SPOT	B	2.46%
LBRDK	C	2.46%
NTRA	B	2.42%
NFLX	A	2.33%
FI	A	2.32%
KKR	A	2.29%
CRM	B	2.24%
V	A	2.12%
WDAY	B	2.07%
JPM	A	2.05%
ALIT	C	2.03%
MA	C	2.0%
ET	A	1.99%
TSM	B	1.98%
SN	D	1.97%
FCNCA	A	1.97%
HES	B	1.93%
PGR	A	1.92%
CZR	F	1.9%
META	D	1.89%
BRK.A	B	1.89%
EDR	A	1.88%
GE	D	1.87%
AER	B	1.82%
MELI	D	1.79%
TDG	D	1.78%
UNH	C	1.76%
THC	D	1.76%
INSM	C	1.74%
UBER	D	1.7%
ACI	C	1.69%
IAC	D	1.67%
TEVA	D	1.65%
ADBE	C	1.64%
X	C	1.63%
LLY	F	1.39%

GVIP Underweight 26 Positions Relative to IVES

Symbol	Grade	Weight
SNOW	C	-3.15%
TEAM	A	-3.13%
CFLT	B	-3.13%
VRT	B	-2.83%
GTLB	B	-2.72%
MRVL	B	-2.67%
MDB	C	-2.5%
DDOG	A	-2.47%
DELL	C	-2.43%
APPN	B	-2.4%
CDNS	B	-2.4%
ORCL	B	-2.37%
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%
IBM	C	-2.07%
QCOM	F	-1.94%
JNPR	F	-1.92%
DOCN	D	-1.91%
SMCI	F	-1.52%
MPWR	F	-1.29%