IVES vs. SUPL ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to ProShares Supply Chain Logistics ETF (SUPL)
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
SUPL
ProShares Supply Chain Logistics ETF
SUPL Description
ProShares Supply Chain Logistics ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across industrials, transportation, air freight and logistics, road and rail, trucking, logistics support, logistics software, sea shipping sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the FactSet Supply Chain Logistics Index, by using full replication technique. ProShares Supply Chain Logistics ETF was formed on April 6, 2022 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$41.44
Average Daily Volume
76
16
Performance
Period | IVES | SUPL |
---|---|---|
30 Days | 3.04% | 2.28% |
60 Days | 9.31% | 6.52% |
90 Days | 3.03% | 2.92% |
12 Months | 39.24% | 15.95% |
0 Overlapping Holdings
Symbol | Grade | Weight in IVES | Weight in SUPL | Overlap |
---|
IVES Overweight 46 Positions Relative to SUPL
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% | |
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 | 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: Top Represented Industries & Keywords
SUPL: Top Represented Industries & Keywords