IVES vs. FDND ETF Comparison

Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to FT Vest Dow Jones Internet & Target Income ETF (FDND)

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

FDND

FT Vest Dow Jones Internet & Target Income ETF

FDND Description

FDND aims to provide income at an annual rate of 8%, before fees and expenses, over the annual dividend yield of the Nasdaq-100 Index. The income stems from dividends from individual equity positions and premiums from selling naked call options. However, there is no guarantee the fund will deliver the target income. The portfolio manager actively selects 40 of the largest and most liquid US internet companies, which includes firms in the internet commerce and internet services sub-industries. Each week, FDND attempts to bridge the difference between the dividend income of its equity portfolio and its target distribution by selling at-the-money, naked call options on the Nasdaq-100 Index or related ETFs. The income from dividends and option premiums are expected to be distributed monthly. Investors should note that naked call writing, or selling call options without owning the underlying asset, is a high-risk options strategy.

Grade (RS Rating)

Last Trade

$22.06

Average Daily Volume

1,464

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IVES	FDND
30 Days	7.17%	6.93%
60 Days	5.41%	11.55%
90 Days	7.27%	15.30%
12 Months	43.26%

9 Overlapping Holdings

Symbol	Grade	Weight in IVES	Weight in FDND	Overlap
AMZN	B	2.4%	9.6%	2.4%
ANET	D	2.14%	4.25%	2.14%
CFLT	B	2.89%	0.36%	0.36%
CIEN	B	2.28%	0.49%	0.49%
DDOG	A	2.16%	2.02%	2.02%
GOOGL	B	2.33%	5.33%	2.33%
JNPR	D	2.13%	0.61%	0.61%
SNOW	C	2.35%	2.19%	2.19%
TEAM	B	3.08%	1.93%	1.93%

IVES Overweight 27 Positions Relative to FDND

Symbol	Grade	Weight
MRVL	B	2.71%
GTLB	B	2.56%
NVDA	A	2.55%
APPN	C	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%
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	F	2.07%
IBM	C	2.0%
DOCN	D	1.92%
AMD	F	1.8%
BABA	D	1.7%
MPWR	F	1.48%
SMCI	F	1.13%

IVES Underweight 32 Positions Relative to FDND

Symbol	Grade	Weight
META	C	-9.45%
NFLX	A	-8.46%
CRM	B	-7.54%
BKNG	A	-4.98%
CSCO	B	-4.45%
GOOG	B	-4.41%
PYPL	B	-4.25%
ABNB	C	-2.86%
DASH	B	-2.82%
WDAY	C	-2.75%
CPRT	B	-2.45%
HUBS	A	-1.74%
VEEV	C	-1.63%
EBAY	D	-1.49%
NET	B	-1.38%
RBLX	B	-1.37%
CVNA	B	-1.33%
GDDY	A	-1.26%
ZM	B	-1.03%
DKNG	B	-0.97%
PINS	F	-0.86%
NTNX	B	-0.85%
DOCU	B	-0.79%
VRSN	D	-0.75%
AKAM	F	-0.67%
OKTA	D	-0.59%
PAYC	B	-0.55%
SMAR	A	-0.36%
DBX	C	-0.31%
MARA	B	-0.3%
BOX	B	-0.24%
ZI	C	-0.15%