IVES vs. BAI ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to iShares A.I. Innovation and Tech Active ETF (BAI)
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
BAI
iShares A.I. Innovation and Tech Active ETF
BAI Description
Under normal market conditions, the fund invests at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. and non-U.S. artificial intelligence ("A.I.") companies, technology companies and technology-related companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.61
Average Daily Volume
50,876
30
Performance
| Period | IVES | BAI |
|---|---|---|
| 30 Days | 7.17% | 6.23% |
| 60 Days | 5.41% | |
| 90 Days | 7.27% | |
| 12 Months | 43.26% |
15 Overlapping Holdings
| Symbol | Grade | Weight in IVES | Weight in BAI | Overlap | |
|---|---|---|---|---|---|
| AMZN | C | 2.4% | 3.7% | 2.4% | |
| ANET | C | 2.14% | 1.9% | 1.9% | |
| AVGO | D | 2.14% | 4.74% | 2.14% | |
| CDNS | B | 2.38% | 3.31% | 2.38% | |
| DDOG | A | 2.16% | 1.84% | 1.84% | |
| GOOGL | C | 2.33% | 2.79% | 2.33% | |
| MDB | B | 2.36% | 2.02% | 2.02% | |
| MPWR | F | 1.48% | 1.39% | 1.39% | |
| MSFT | D | 2.18% | 6.81% | 2.18% | |
| MU | D | 2.18% | 1.79% | 1.79% | |
| NVDA | B | 2.55% | 9.43% | 2.55% | |
| ORCL | A | 2.38% | 3.63% | 2.38% | |
| SNOW | B | 2.35% | 2.01% | 2.01% | |
| TEAM | A | 3.08% | 1.51% | 1.51% | |
| VRT | B | 2.52% | 2.11% | 2.11% |
IVES Overweight 21 Positions Relative to BAI
IVES: Top Represented Industries & Keywords
BAI: Top Represented Industries & Keywords
Compare ETFs
