IVES vs. FORH ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to Formidable ETF (FORH)
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
FORH
Formidable ETF
FORH Description
ETF Opportunities Trust - Formidable ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Formidable Asset Management, LLC and Toroso Asset Management. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. The fund employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. It employs internal and external research to create its portfolio. ETF Opportunities Trust - Formidable ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$22.17
Average Daily Volume
1,366
22
Performance
Period | IVES | FORH |
---|---|---|
30 Days | 7.17% | -6.90% |
60 Days | 5.41% | -2.60% |
90 Days | 7.27% | -0.96% |
12 Months | 43.26% | 4.45% |
IVES Overweight 32 Positions Relative to FORH
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | B | 3.08% | |
CFLT | B | 2.89% | |
MRVL | B | 2.71% | |
GTLB | C | 2.56% | |
APPN | C | 2.53% | |
DELL | B | 2.43% | |
AMZN | B | 2.4% | |
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 | A | 2.21% | |
MSFT | D | 2.18% | |
MU | D | 2.18% | |
DDOG | B | 2.16% | |
HCP | B | 2.15% | |
AVGO | C | 2.14% | |
ANET | C | 2.14% | |
AAPL | C | 2.12% | |
NTAP | D | 2.1% | |
QCOM | F | 2.08% | |
WDC | F | 2.07% | |
IBM | D | 2.0% | |
DOCN | F | 1.92% | |
AMD | F | 1.8% | |
MPWR | F | 1.48% | |
SMCI | F | 1.13% |
IVES Underweight 18 Positions Relative to FORH
IVES: Top Represented Industries & Keywords
FORH: Top Represented Industries & Keywords