IVES vs. BDGS ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to Bridges Capital Tactical ETF (BDGS)
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
BDGS
Bridges Capital Tactical ETF
BDGS Description
The fund is an actively managed, diversified exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a blend of passively managed U.S. equity index ETFs, large-capitalization equity securities and cash or cash equivalents. It is expected that the fund will generally hold 5 to 20 investments selected from a universe that includes large-capitalization U.S. equity securities and passively managed index ETFs tracking U.S. small-, mid- and large-capitalization equity indexes (the "Indexes").Grade (RS Rating)
Last Trade
$31.44
Average Daily Volume
4,059
14
Performance
Period | IVES | BDGS |
---|---|---|
30 Days | 7.17% | 2.54% |
60 Days | 5.41% | 3.37% |
90 Days | 7.27% | 4.64% |
12 Months | 43.26% | 18.68% |
IVES Overweight 31 Positions Relative to BDGS
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | A | 3.08% | |
CFLT | C | 2.89% | |
MRVL | B | 2.71% | |
GTLB | B | 2.56% | |
APPN | B | 2.53% | |
VRT | A | 2.52% | |
DELL | C | 2.43% | |
CDNS | B | 2.38% | |
SNPS | C | 2.38% | |
ORCL | A | 2.38% | |
MDB | C | 2.36% | |
SNOW | C | 2.35% | |
GOOGL | B | 2.33% | |
INTC | C | 2.29% | |
CIEN | B | 2.28% | |
HPE | B | 2.26% | |
HPQ | B | 2.21% | |
MU | D | 2.18% | |
DDOG | B | 2.16% | |
HCP | B | 2.15% | |
ANET | C | 2.14% | |
JNPR | D | 2.13% | |
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% |
IVES: Top Represented Industries & Keywords
BDGS: Top Represented Industries & Keywords