IVES vs. THNQ ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to ROBO Global Artificial Intelligence ETF (THNQ)
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
THNQ
ROBO Global Artificial Intelligence ETF
THNQ Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ROBO Global® Artificial Intelligence Index. The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of publicly-traded companies that have a significant portion of their revenue derived from the field of artificial intelligence. It is non-diversified.Grade (RS Rating)
Last Trade
$47.51
Average Daily Volume
12,689
48
Performance
| Period | IVES | THNQ |
|---|---|---|
| 30 Days | 7.17% | -0.01% |
| 60 Days | 5.41% | 4.73% |
| 90 Days | 7.27% | 6.22% |
| 12 Months | 43.26% | 27.67% |
12 Overlapping Holdings
| Symbol | Grade | Weight in IVES | Weight in THNQ | Overlap | |
|---|---|---|---|---|---|
| AMD | F | 1.8% | 2.07% | 1.8% | |
| AMZN | B | 2.4% | 1.96% | 1.96% | |
| ANET | C | 2.14% | 2.16% | 2.14% | |
| BABA | D | 1.7% | 2.1% | 1.7% | |
| DDOG | B | 2.16% | 1.99% | 1.99% | |
| GOOGL | B | 2.33% | 2.06% | 2.06% | |
| IBM | D | 2.0% | 1.58% | 1.58% | |
| MDB | C | 2.36% | 1.55% | 1.55% | |
| MSFT | D | 2.18% | 2.11% | 2.11% | |
| NVDA | B | 2.55% | 2.87% | 2.55% | |
| QCOM | F | 2.08% | 1.75% | 1.75% | |
| SNOW | C | 2.35% | 1.82% | 1.82% |
IVES Overweight 24 Positions Relative to THNQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| TEAM | B | 3.08% | |
| CFLT | B | 2.89% | |
| MRVL | B | 2.71% | |
| GTLB | C | 2.56% | |
| APPN | C | 2.53% | |
| VRT | A | 2.52% | |
| DELL | B | 2.43% | |
| CDNS | B | 2.38% | |
| SNPS | C | 2.38% | |
| ORCL | A | 2.38% | |
| INTC | C | 2.29% | |
| CIEN | B | 2.28% | |
| HPE | B | 2.26% | |
| HPQ | A | 2.21% | |
| MU | D | 2.18% | |
| HCP | B | 2.15% | |
| AVGO | C | 2.14% | |
| JNPR | D | 2.13% | |
| AAPL | C | 2.12% | |
| NTAP | D | 2.1% | |
| WDC | F | 2.07% | |
| DOCN | F | 1.92% | |
| MPWR | F | 1.48% | |
| SMCI | F | 1.13% |
IVES Underweight 36 Positions Relative to THNQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| CRWD | B | -2.43% | |
| PANW | B | -2.36% | |
| NET | B | -2.34% | |
| JD | D | -2.31% | |
| AMBA | B | -2.28% | |
| ADSK | B | -2.27% | |
| IOT | B | -2.23% | |
| HUBS | B | -2.2% | |
| SHOP | B | -2.13% | |
| TSLA | A | -2.12% | |
| PSTG | F | -2.08% | |
| ADI | D | -1.97% | |
| RPD | C | -1.93% | |
| CGNX | D | -1.91% | |
| ILMN | C | -1.8% | |
| META | C | -1.77% | |
| LRCX | F | -1.75% | |
| FROG | C | -1.72% | |
| VCYT | B | -1.71% | |
| ESTC | C | -1.69% | |
| NTNX | B | -1.68% | |
| SPOT | A | -1.68% | |
| NOW | B | -1.68% | |
| BKNG | A | -1.62% | |
| ASML | F | -1.59% | |
| FICO | A | -1.48% | |
| CYBR | A | -1.44% | |
| MELI | D | -1.38% | |
| VRSK | B | -1.34% | |
| VRNS | F | -1.33% | |
| FI | A | -1.33% | |
| INTU | B | -1.29% | |
| TER | F | -1.25% | |
| CSGP | F | -1.23% | |
| ADBE | F | -1.22% | |
| VEEV | C | -1.2% |
IVES: Top Represented Industries & Keywords
THNQ: Top Represented Industries & Keywords
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