IVES vs. HDLB ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044 (HDLB)
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
$47.66
Average Daily Volume
1,043
46
HDLB
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due September 30, 2044
HDLB Description
The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive US High Dividend Low Volatility Index. The index is designed to measure the performance of 40 dividend yielding, relatively lower volatility Index Constituent Securities from the universe of the largest 1,000 U.S. listed stocks by market capitalization, as described herein. The Securities seek to approximate the monthly returns that might be available to investors through a leveraged “long” investment in the index constituent securities.Grade (RS Rating)
Last Trade
$14.60
Average Daily Volume
2,345
37
Performance
| Period | IVES | HDLB |
|---|---|---|
| 30 Days | 3.04% | 4.34% |
| 60 Days | 9.31% | 10.89% |
| 90 Days | 3.03% | 29.55% |
| 12 Months | 39.24% | 71.68% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IVES | Weight in HDLB | Overlap | |
|---|---|---|---|---|---|
| KD | F | 0.98% | 0.14% | 0.14% |
IVES Overweight 45 Positions Relative to HDLB
| Symbol | Grade | Weight | |
|---|---|---|---|
| ESTC | F | 4.62% | |
| OTEX | D | 4.45% | |
| GDS | B | 3.85% | |
| IOT | C | 3.42% | |
| MSTR | B | 3.41% | |
| SMCI | F | 2.97% | |
| PSTG | F | 2.88% | |
| NET | D | 2.86% | |
| DDOG | D | 2.83% | |
| NTAP | D | 2.8% | |
| NTNX | C | 2.62% | |
| MDB | F | 2.58% | |
| OKTA | F | 2.37% | |
| APPF | C | 1.58% | |
| GTLB | D | 1.54% | |
| DBX | B | 1.5% | |
| SMAR | A | 1.43% | |
| INFA | D | 1.42% | |
| HCP | B | 1.28% | |
| CVLT | C | 1.24% | |
| ZETA | B | 1.21% | |
| CFLT | F | 1.19% | |
| VNET | B | 0.97% | |
| BOX | C | 0.87% | |
| BLKB | C | 0.8% | |
| INTA | C | 0.71% | |
| DOCN | C | 0.7% | |
| KC | B | 0.66% | |
| NCNO | F | 0.65% | |
| FROG | F | 0.59% | |
| RNG | F | 0.52% | |
| TDC | D | 0.52% | |
| APPN | B | 0.46% | |
| NABL | F | 0.45% | |
| JAMF | F | 0.41% | |
| SWI | C | 0.4% | |
| PDFS | F | 0.31% | |
| APLD | B | 0.22% | |
| GDYN | B | 0.2% | |
| FSLY | D | 0.19% | |
| RXT | C | 0.1% | |
| UIS | C | 0.07% | |
| EGHT | F | 0.05% | |
| BLZE | D | 0.05% | |
| DOMO | F | 0.05% |
IVES Underweight 36 Positions Relative to HDLB
| Symbol | Grade | Weight | |
|---|---|---|---|
| PFE | D | -13.4% | |
| ABBV | A | -9.8% | |
| VZ | A | -9.25% | |
| T | A | -8.79% | |
| GILD | A | -5.14% | |
| IBM | B | -5.12% | |
| PM | C | -3.83% | |
| DUK | A | -3.27% | |
| MO | D | -3.18% | |
| SO | A | -2.94% | |
| D | A | -2.76% | |
| AEP | C | -2.58% | |
| O | A | -2.51% | |
| VICI | C | -1.93% | |
| KHC | D | -1.93% | |
| ED | A | -1.85% | |
| ETR | A | -1.73% | |
| SRE | A | -1.71% | |
| PPL | A | -1.48% | |
| K | B | -1.47% | |
| NLY | C | -1.43% | |
| FE | B | -1.42% | |
| EIX | A | -1.34% | |
| IP | C | -1.22% | |
| MPW | C | -1.04% | |
| AGNC | C | -1.03% | |
| NI | A | -0.91% | |
| PNW | A | -0.78% | |
| WPC | C | -0.76% | |
| WU | D | -0.73% | |
| ARCC | A | -0.46% | |
| GLPI | A | -0.44% | |
| OGE | A | -0.43% | |
| STAG | D | -0.4% | |
| FSK | A | -0.25% | |
| ONL | D | -0.07% |
IVES: Top Represented Industries & Keywords
HDLB: Top Represented Industries & Keywords
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