IVES vs. DAT ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to ProShares Big Data Refiners ETF (DAT)
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
DAT
ProShares Big Data Refiners ETF
DAT Description
ProShares Big Data Refiners ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies that provide analytics and infrastructure for extracting information from large data sets sector. It invests in growth and value stocks of companies across diversified market capitalizations. The fund invests in securities that ProShare Advisors believes, in combination, should track the performance of the index. ProShares Big Data Refiners ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$45.70
Average Daily Volume
2,975
25
Performance
Period | IVES | DAT |
---|---|---|
30 Days | 7.17% | 26.65% |
60 Days | 5.41% | 29.20% |
90 Days | 7.27% | 28.31% |
12 Months | 43.26% | 52.29% |
IVES Overweight 32 Positions Relative to DAT
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | A | 3.13% | |
VRT | B | 2.83% | |
GTLB | B | 2.72% | |
MRVL | B | 2.67% | |
NVDA | C | 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% | |
AMZN | C | 2.24% | |
HPQ | B | 2.22% | |
HPE | B | 2.22% | |
NTAP | C | 2.16% | |
CIEN | B | 2.15% | |
ANET | C | 2.15% | |
MU | D | 2.12% | |
AAPL | C | 2.12% | |
GOOGL | C | 2.11% | |
HCP | B | 2.1% | |
MSFT | F | 2.09% | |
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% | |
BABA | D | 1.56% | |
SMCI | F | 1.52% | |
MPWR | F | 1.29% |
IVES Underweight 21 Positions Relative to DAT
Symbol | Grade | Weight | |
---|---|---|---|
PLTR | B | -9.36% | |
MSTR | C | -7.56% | |
IDCC | A | -5.69% | |
CVLT | B | -5.49% | |
NTNX | A | -5.0% | |
ZBRA | B | -4.84% | |
TYL | B | -4.7% | |
DT | C | -4.3% | |
NICE | C | -4.09% | |
TDC | D | -3.38% | |
BRZE | C | -3.38% | |
FIVN | C | -3.34% | |
INFA | D | -3.25% | |
ESTC | C | -2.94% | |
VRNT | C | -2.2% | |
GENI | C | -2.12% | |
CLBT | B | -1.62% | |
RBRK | A | -1.54% | |
BASE | C | -1.06% | |
SWI | B | -0.9% | |
CGNT | B | -0.68% |
IVES: Top Represented Industries & Keywords
DAT: Top Represented Industries & Keywords