IVES vs. HJEN ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to Direxion Hydrogen ETF (HJEN)
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
$46.19
Average Daily Volume
4,046
46
HJEN
Direxion Hydrogen ETF
HJEN Description
The Direxion Hydrogen ETF offers exposure to 30 companies leading the way towards net-zero emissions by providing more accessible, efficient, sustainable solutions across the following five hydrogen-related sub-themes. HJEN may be considered a satellite holding to complement other broader positions within a portfolio. Hydrogen Production and Generation: Companies involved in the process of hydrogen generation, in either liquid or solid form. Hydrogen Storage and Supply: Companies engaged in providing storage and transportation services of hydrogen. It also includes companies that supply hydrogen to various users and operate hydrogen fueling stations across countries. Fuel Cell and Battery: Companies manufacturing fuel cells and batteries that are run on hydrogen-based technology. Hydrogen Systems and Solutions: Companies offering equipment, components or technology used in hydrogen industry. Those involved in providing solutions and systems to the value chain across hydrogen generation, storage and supply. Membrane and Catalyst: Companies that design and produce membrane, filters, catalyst or membrane assemblies for fuel cell, or hydrogen-related, technologies.Grade (RS Rating)
Last Trade
$10.84
Average Daily Volume
16,292
7
Performance
| Period | IVES | HJEN |
|---|---|---|
| 30 Days | 4.02% | -11.01% |
| 60 Days | 2.26% | 0.08% |
| 90 Days | 0.30% | -1.72% |
| 12 Months | 33.18% | -14.00% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IVES | Weight in HJEN | Overlap |
|---|
IVES Overweight 46 Positions Relative to HJEN
| Symbol | Grade | Weight | |
|---|---|---|---|
| OTEX | C | 4.64% | |
| ESTC | B | 4.43% | |
| DDOG | B | 3.22% | |
| NET | B | 3.16% | |
| SMCI | B | 3.15% | |
| NTAP | A | 2.92% | |
| MDB | D | 2.92% | |
| OKTA | C | 2.9% | |
| PSTG | B | 2.8% | |
| NTNX | C | 2.67% | |
| IOT | C | 2.57% | |
| MSTR | D | 2.53% | |
| GDS | B | 2.17% | |
| CFLT | C | 1.82% | |
| INFA | B | 1.8% | |
| APPF | B | 1.75% | |
| GTLB | C | 1.52% | |
| DBX | D | 1.43% | |
| HCP | A | 1.31% | |
| SMAR | B | 1.16% | |
| KD | C | 1.16% | |
| CVLT | B | 1.01% | |
| KC | F | 0.81% | |
| FROG | B | 0.77% | |
| BLKB | D | 0.76% | |
| BOX | D | 0.74% | |
| ZETA | B | 0.73% | |
| NCNO | B | 0.7% | |
| VNET | C | 0.67% | |
| TDC | C | 0.65% | |
| DOCN | C | 0.6% | |
| NABL | B | 0.55% | |
| INTA | C | 0.51% | |
| RNG | F | 0.5% | |
| APPN | D | 0.43% | |
| PDFS | B | 0.42% | |
| SWI | B | 0.39% | |
| JAMF | C | 0.39% | |
| EVBG | B | 0.28% | |
| FSLY | F | 0.2% | |
| GDYN | C | 0.15% | |
| RXT | B | 0.13% | |
| DOMO | C | 0.06% | |
| BLZE | D | 0.05% | |
| EGHT | D | 0.05% | |
| UIS | D | 0.05% |
IVES: Top Represented Industries & Keywords
HJEN: Top Represented Industries & Keywords
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