IVES vs. PTEU ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to Pacer TrendpilotTM European Index ETF (PTEU)
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
PTEU
Pacer TrendpilotTM European Index ETF
PTEU Description
The investment seeks to track the total return performance of the Pacer Trendpilot European Index. Normally the fund will invest at least 80% of its total assets in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the FTSE Eurobloc Index, (ii) 50% to the FTSE Eurobloc Index and 50% to 3-Month US Treasury bills, or (iii) 100% to 3-Month US Treasury bills. It is non-diversified.Grade (RS Rating)
Last Trade
$26.92
Average Daily Volume
8,937
14
Performance
| Period | IVES | PTEU |
|---|---|---|
| 30 Days | 4.02% | -1.52% |
| 60 Days | 2.26% | 1.77% |
| 90 Days | 0.30% | 1.66% |
| 12 Months | 33.18% | 3.96% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IVES | Weight in PTEU | Overlap |
|---|
IVES Overweight 46 Positions Relative to PTEU
| 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
PTEU: Top Represented Industries & Keywords
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