IVES vs. LRNZ ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to TrueMark Technology, AI & Deep Learning ETF (LRNZ)
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
$47.37
Average Daily Volume
1,065
46
LRNZ
TrueMark Technology, AI & Deep Learning ETF
LRNZ Description
LRNZ seeks to provide total return by investing in an actively managed, concentrated portfolio of companies that are significantly involved in the application of high levels of artificial intelligence. Intends to serve as a more focused alpha seeking solution to complement traditional technology-based indices Targets companies with leading-edge artificial intelligence, machine learning, or deep learning technology platforms, algorithms, or applications that we believe may provide distinct competitive advantages in an industry historically characterized by a winner-take-all consolidation behavior. Portfolio construction begins with a multi-cap investment universe comprised of secular growth companies, cyclical growth companies, and newly public companies. Actively managed by highly credentialed artificial intelligence specialist with deep field experience and robust Silicon Valley network.Grade (RS Rating)
Last Trade
$36.69
Average Daily Volume
8,934
19
Performance
| Period | IVES | LRNZ |
|---|---|---|
| 30 Days | 2.40% | -1.45% |
| 60 Days | 8.64% | 6.57% |
| 90 Days | 2.40% | -8.46% |
| 12 Months | 35.22% | 23.33% |
IVES Overweight 40 Positions Relative to LRNZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| OTEX | D | 4.45% | |
| GDS | B | 3.85% | |
| MSTR | C | 3.41% | |
| SMCI | F | 2.97% | |
| PSTG | F | 2.88% | |
| NTAP | D | 2.8% | |
| NTNX | D | 2.62% | |
| APPF | C | 1.58% | |
| GTLB | D | 1.54% | |
| DBX | C | 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% | |
| KD | F | 0.98% | |
| VNET | B | 0.97% | |
| BOX | C | 0.87% | |
| BLKB | C | 0.8% | |
| INTA | C | 0.71% | |
| DOCN | C | 0.7% | |
| KC | C | 0.66% | |
| NCNO | D | 0.65% | |
| FROG | F | 0.59% | |
| RNG | F | 0.52% | |
| TDC | D | 0.52% | |
| APPN | D | 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 | D | 0.07% | |
| EGHT | F | 0.05% | |
| BLZE | D | 0.05% | |
| DOMO | F | 0.05% |
IVES: Top Represented Industries & Keywords
LRNZ: Top Represented Industries & Keywords
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