IVES vs. FDN ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to First Trust DJ Internet Index Fund (FDN)
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
FDN
First Trust DJ Internet Index Fund
FDN Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Dow Jones Internet Composite Index (SM) (the "index"). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed to include only companies whose primary focus is Internet-related. The fund is non-diversified.Grade (RS Rating)
Last Trade
$238.44
Average Daily Volume
388,663
41
Performance
| Period | IVES | FDN |
|---|---|---|
| 30 Days | 7.17% | 8.79% |
| 60 Days | 5.41% | 13.54% |
| 90 Days | 7.27% | 17.45% |
| 12 Months | 43.26% | 41.64% |
IVES Overweight 27 Positions Relative to FDN
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRVL | B | 2.71% | |
| GTLB | B | 2.56% | |
| NVDA | B | 2.55% | |
| APPN | B | 2.53% | |
| VRT | B | 2.52% | |
| DELL | B | 2.43% | |
| CDNS | B | 2.38% | |
| SNPS | B | 2.38% | |
| ORCL | A | 2.38% | |
| MDB | B | 2.36% | |
| INTC | C | 2.29% | |
| HPE | B | 2.26% | |
| HPQ | B | 2.21% | |
| MSFT | D | 2.18% | |
| MU | D | 2.18% | |
| HCP | B | 2.15% | |
| AVGO | D | 2.14% | |
| AAPL | C | 2.12% | |
| NTAP | C | 2.1% | |
| QCOM | F | 2.08% | |
| WDC | D | 2.07% | |
| IBM | C | 2.0% | |
| DOCN | C | 1.92% | |
| AMD | F | 1.8% | |
| BABA | D | 1.7% | |
| MPWR | F | 1.48% | |
| SMCI | F | 1.13% |
IVES Underweight 32 Positions Relative to FDN
| Symbol | Grade | Weight | |
|---|---|---|---|
| META | D | -9.46% | |
| NFLX | A | -8.49% | |
| CRM | B | -7.55% | |
| BKNG | A | -4.91% | |
| CSCO | B | -4.45% | |
| GOOG | C | -4.42% | |
| PYPL | B | -4.26% | |
| ABNB | C | -2.87% | |
| DASH | B | -2.82% | |
| WDAY | B | -2.76% | |
| CPRT | B | -2.46% | |
| HUBS | A | -1.74% | |
| VEEV | C | -1.64% | |
| EBAY | D | -1.49% | |
| NET | B | -1.39% | |
| RBLX | C | -1.38% | |
| CVNA | B | -1.34% | |
| GDDY | A | -1.27% | |
| ZM | C | -1.03% | |
| DKNG | B | -0.97% | |
| PINS | F | -0.86% | |
| NTNX | B | -0.85% | |
| DOCU | B | -0.79% | |
| VRSN | C | -0.74% | |
| AKAM | D | -0.67% | |
| OKTA | C | -0.6% | |
| PAYC | B | -0.55% | |
| SMAR | B | -0.37% | |
| DBX | B | -0.32% | |
| MARA | B | -0.3% | |
| BOX | B | -0.25% | |
| ZI | D | -0.15% |
IVES: Top Represented Industries & Keywords
FDN: Top Represented Industries & Keywords
Compare ETFs
