IVES vs. WBIL ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to WBI Large Cap Tactical Select Shares (WBIL)
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
$48.38
Average Daily Volume
1,097
46
WBIL
WBI Large Cap Tactical Select Shares
WBIL Description
The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive financial condition and prospects for ongoing financial stability, and up to 20% of its net assets in other tactical investment opportunities.Grade (RS Rating)
Last Trade
$34.23
Average Daily Volume
970
24
Performance
| Period | IVES | WBIL |
|---|---|---|
| 30 Days | 6.95% | 1.05% |
| 60 Days | 13.75% | 8.04% |
| 90 Days | 4.75% | 2.17% |
| 12 Months | 40.14% | 20.79% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IVES | Weight in WBIL | Overlap |
|---|
IVES Overweight 46 Positions Relative to WBIL
| 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 | B | 2.83% | |
| NTAP | D | 2.8% | |
| NTNX | C | 2.62% | |
| MDB | D | 2.58% | |
| OKTA | F | 2.37% | |
| APPF | C | 1.58% | |
| GTLB | D | 1.54% | |
| DBX | C | 1.5% | |
| SMAR | A | 1.43% | |
| INFA | D | 1.42% | |
| HCP | A | 1.28% | |
| CVLT | B | 1.24% | |
| ZETA | B | 1.21% | |
| CFLT | F | 1.19% | |
| KD | D | 0.98% | |
| VNET | B | 0.97% | |
| BOX | C | 0.87% | |
| BLKB | C | 0.8% | |
| INTA | C | 0.71% | |
| DOCN | B | 0.7% | |
| KC | C | 0.66% | |
| NCNO | F | 0.65% | |
| FROG | F | 0.59% | |
| RNG | F | 0.52% | |
| TDC | D | 0.52% | |
| APPN | C | 0.46% | |
| NABL | F | 0.45% | |
| JAMF | F | 0.41% | |
| SWI | B | 0.4% | |
| PDFS | F | 0.31% | |
| APLD | C | 0.22% | |
| GDYN | B | 0.2% | |
| FSLY | D | 0.19% | |
| RXT | C | 0.1% | |
| UIS | C | 0.07% | |
| EGHT | D | 0.05% | |
| BLZE | D | 0.05% | |
| DOMO | F | 0.05% |
IVES Underweight 24 Positions Relative to WBIL
| Symbol | Grade | Weight | |
|---|---|---|---|
| ADP | A | -4.93% | |
| PGR | B | -4.73% | |
| ALNY | C | -4.7% | |
| BX | C | -4.69% | |
| LII | C | -4.63% | |
| WRB | C | -4.59% | |
| MSI | A | -4.58% | |
| TMUS | A | -4.55% | |
| MELI | D | -4.5% | |
| BDX | C | -4.31% | |
| CI | D | -4.29% | |
| SHW | C | -4.17% | |
| CDW | D | -4.12% | |
| ZTS | C | -4.0% | |
| DECK | B | -3.99% | |
| AAPL | C | -3.96% | |
| PANW | B | -3.86% | |
| INTU | F | -3.64% | |
| THG | A | -3.53% | |
| ADBE | F | -3.51% | |
| QCOM | D | -3.25% | |
| LRCX | D | -2.98% | |
| ACGL | A | -1.86% | |
| YUMC | B | -1.32% |
IVES: Top Represented Industries & Keywords
WBIL: Top Represented Industries & Keywords
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