IVES vs. QNXT ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to iShares Nasdaq-100 ex Top 30 ETF (QNXT)
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
QNXT
iShares Nasdaq-100 ex Top 30 ETF
QNXT Description
Grade (RS Rating)
Last Trade
$25.85
Average Daily Volume
14,997
64
Performance
Period | IVES | QNXT |
---|---|---|
30 Days | 7.17% | |
60 Days | 5.41% | |
90 Days | 7.27% | |
12 Months | 43.26% |
IVES Overweight 27 Positions Relative to QNXT
Symbol | Grade | Weight | |
---|---|---|---|
SNOW | C | 3.15% | |
CFLT | B | 3.13% | |
VRT | B | 2.83% | |
GTLB | B | 2.72% | |
NVDA | C | 2.47% | |
DELL | C | 2.43% | |
APPN | B | 2.4% | |
ORCL | B | 2.37% | |
AMZN | C | 2.24% | |
HPQ | B | 2.22% | |
HPE | B | 2.22% | |
NTAP | C | 2.16% | |
CIEN | B | 2.15% | |
ANET | C | 2.15% | |
AAPL | C | 2.12% | |
GOOGL | C | 2.11% | |
HCP | B | 2.1% | |
MSFT | F | 2.09% | |
WDC | D | 2.09% | |
IBM | C | 2.07% | |
AVGO | D | 1.95% | |
QCOM | F | 1.94% | |
JNPR | F | 1.92% | |
DOCN | D | 1.91% | |
AMD | F | 1.69% | |
BABA | D | 1.56% | |
MPWR | F | 1.29% |
IVES Underweight 55 Positions Relative to QNXT
Symbol | Grade | Weight | |
---|---|---|---|
SBUX | A | -3.05% | |
GILD | C | -3.01% | |
MELI | D | -2.61% | |
LRCX | F | -2.49% | |
PYPL | B | -2.4% | |
CTAS | B | -2.37% | |
MDLZ | F | -2.36% | |
KLAC | D | -2.26% | |
CRWD | B | -2.15% | |
MAR | B | -2.15% | |
FTNT | C | -1.97% | |
ORLY | B | -1.93% | |
CEG | D | -1.92% | |
CSX | B | -1.86% | |
DASH | A | -1.78% | |
ADSK | A | -1.76% | |
ROP | B | -1.61% | |
PCAR | B | -1.61% | |
ABNB | C | -1.6% | |
CHTR | C | -1.52% | |
WDAY | B | -1.51% | |
NXPI | D | -1.51% | |
CPRT | A | -1.49% | |
TTD | B | -1.45% | |
PAYX | C | -1.41% | |
AEP | D | -1.4% | |
MNST | C | -1.39% | |
FAST | B | -1.28% | |
ROST | C | -1.28% | |
ODFL | B | -1.26% | |
KDP | D | -1.18% | |
EA | A | -1.17% | |
BKR | B | -1.17% | |
VRSK | A | -1.09% | |
EXC | C | -1.07% | |
XEL | A | -1.06% | |
CTSH | B | -1.05% | |
LULU | C | -1.03% | |
KHC | F | -1.03% | |
GEHC | F | -1.02% | |
IDXX | F | -0.95% | |
MCHP | D | -0.92% | |
FANG | D | -0.86% | |
TTWO | A | -0.85% | |
DXCM | D | -0.83% | |
ZS | C | -0.83% | |
ANSS | B | -0.8% | |
CSGP | D | -0.8% | |
ON | D | -0.76% | |
CDW | F | -0.65% | |
BIIB | F | -0.64% | |
WBD | C | -0.62% | |
GFS | C | -0.62% | |
ILMN | D | -0.59% | |
MRNA | F | -0.39% |
IVES: Top Represented Industries & Keywords
QNXT: Top Represented Industries & Keywords