IVES vs. FTGS ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to First Trust Growth Strength ETF (FTGS)
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
FTGS
First Trust Growth Strength ETF
FTGS Description
First Trust Growth Strength ETF is an exchange traded fund launched and managed by First Trust Advisors LP. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to replicate the performance of The Growth Strength Index, by using full replication technique. First Trust Growth Strength ETF was formed on October 25, 2022 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$32.82
Average Daily Volume
228,395
50
Performance
| Period | IVES | FTGS |
|---|---|---|
| 30 Days | 7.17% | 3.70% |
| 60 Days | 5.41% | 5.43% |
| 90 Days | 7.27% | 5.47% |
| 12 Months | 43.26% | 29.93% |
IVES Overweight 30 Positions Relative to FTGS
| Symbol | Grade | Weight | |
|---|---|---|---|
| TEAM | A | 3.08% | |
| CFLT | B | 2.89% | |
| MRVL | B | 2.71% | |
| GTLB | B | 2.56% | |
| APPN | B | 2.53% | |
| VRT | B | 2.52% | |
| DELL | B | 2.43% | |
| SNPS | B | 2.38% | |
| ORCL | A | 2.38% | |
| MDB | B | 2.36% | |
| SNOW | B | 2.35% | |
| GOOGL | C | 2.33% | |
| INTC | C | 2.29% | |
| CIEN | C | 2.28% | |
| HPE | B | 2.26% | |
| HPQ | B | 2.21% | |
| MU | D | 2.18% | |
| DDOG | A | 2.16% | |
| HCP | B | 2.15% | |
| AVGO | D | 2.14% | |
| JNPR | D | 2.13% | |
| 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% | |
| SMCI | F | 1.13% |
IVES Underweight 44 Positions Relative to FTGS
| Symbol | Grade | Weight | |
|---|---|---|---|
| EXPE | B | -2.24% | |
| INTU | B | -2.24% | |
| LYV | A | -2.21% | |
| WDAY | B | -2.18% | |
| NFLX | A | -2.15% | |
| DECK | A | -2.14% | |
| AMP | A | -2.11% | |
| APH | A | -2.11% | |
| COP | C | -2.1% | |
| CPRT | B | -2.09% | |
| EOG | A | -2.09% | |
| PYPL | B | -2.08% | |
| V | A | -2.08% | |
| CPAY | A | -2.06% | |
| UTHR | C | -2.06% | |
| BX | A | -2.06% | |
| PANW | B | -2.06% | |
| PCAR | B | -2.05% | |
| MSI | B | -2.04% | |
| AXP | A | -2.04% | |
| ADP | A | -2.03% | |
| MNST | C | -2.03% | |
| SLB | C | -2.03% | |
| BRO | B | -2.02% | |
| PAYX | B | -2.02% | |
| DXCM | C | -2.02% | |
| COR | B | -2.01% | |
| TT | A | -2.0% | |
| VLO | C | -2.0% | |
| MA | B | -1.98% | |
| CMG | B | -1.98% | |
| META | D | -1.96% | |
| CAT | B | -1.93% | |
| WRB | A | -1.91% | |
| DVN | F | -1.9% | |
| CSL | C | -1.88% | |
| CB | C | -1.87% | |
| EG | C | -1.87% | |
| KLAC | F | -1.86% | |
| ACGL | C | -1.81% | |
| MRK | D | -1.78% | |
| RNR | C | -1.78% | |
| LEN | D | -1.76% | |
| DHI | F | -1.65% |
IVES: Top Represented Industries & Keywords
FTGS: Top Represented Industries & Keywords
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