IVES vs. WCLD ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to WisdomTree Cloud Computing Fund (WCLD)
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
WCLD
WisdomTree Cloud Computing Fund
WCLD Description
The WisdomTree Cloud Computing Fund seeks to track the price and yield performance, before fees and expenses, of the BVP Nasdaq Emerging Cloud Index, an equally weighted Index designed to measure the performance of emerging public companies focused on delivering cloud-based software to customers.Grade (RS Rating)
Last Trade
$39.24
Average Daily Volume
90,898
62
Performance
Period | IVES | WCLD |
---|---|---|
30 Days | 7.17% | 17.12% |
60 Days | 5.41% | 21.39% |
90 Days | 7.27% | 21.62% |
12 Months | 43.26% | 27.20% |
IVES Overweight 29 Positions Relative to WCLD
Symbol | Grade | Weight | |
---|---|---|---|
MRVL | B | 2.71% | |
NVDA | B | 2.55% | |
APPN | B | 2.53% | |
VRT | B | 2.52% | |
DELL | B | 2.43% | |
AMZN | C | 2.4% | |
CDNS | B | 2.38% | |
SNPS | B | 2.38% | |
ORCL | A | 2.38% | |
GOOGL | C | 2.33% | |
INTC | C | 2.29% | |
CIEN | C | 2.28% | |
HPE | B | 2.26% | |
HPQ | B | 2.21% | |
MSFT | D | 2.18% | |
MU | D | 2.18% | |
HCP | B | 2.15% | |
AVGO | D | 2.14% | |
ANET | C | 2.14% | |
JNPR | D | 2.13% | |
AAPL | C | 2.12% | |
NTAP | C | 2.1% | |
QCOM | F | 2.08% | |
WDC | D | 2.07% | |
IBM | C | 2.0% | |
AMD | F | 1.8% | |
BABA | D | 1.7% | |
MPWR | F | 1.48% | |
SMCI | F | 1.13% |
IVES Underweight 55 Positions Relative to WCLD
Symbol | Grade | Weight | |
---|---|---|---|
BILL | A | -2.27% | |
TOST | B | -2.24% | |
TWLO | A | -2.03% | |
SHOP | B | -1.83% | |
DOCU | B | -1.82% | |
SQ | A | -1.81% | |
QTWO | A | -1.8% | |
HUBS | A | -1.78% | |
PAYC | B | -1.77% | |
CRWD | B | -1.75% | |
ZM | C | -1.74% | |
IOT | A | -1.73% | |
CWAN | B | -1.7% | |
FRSH | B | -1.7% | |
AI | B | -1.68% | |
PCTY | C | -1.65% | |
PYPL | B | -1.61% | |
CRM | B | -1.6% | |
NOW | A | -1.6% | |
PCOR | B | -1.58% | |
IBUY | B | -1.58% | |
S | B | -1.55% | |
BOX | B | -1.53% | |
DBX | B | -1.52% | |
NCNO | C | -1.52% | |
NET | B | -1.52% | |
PANW | B | -1.51% | |
QLYS | B | -1.5% | |
WK | B | -1.5% | |
FIVN | C | -1.48% | |
SMAR | B | -1.47% | |
WDAY | B | -1.46% | |
ZUO | B | -1.46% | |
BL | B | -1.46% | |
WIX | A | -1.46% | |
FROG | C | -1.43% | |
VEEV | C | -1.42% | |
ZI | D | -1.4% | |
PATH | C | -1.39% | |
ZS | B | -1.38% | |
RNG | C | -1.37% | |
FSLY | D | -1.35% | |
APPF | B | -1.35% | |
DT | D | -1.35% | |
ASAN | B | -1.34% | |
BIGC | B | -1.31% | |
TENB | C | -1.27% | |
PD | C | -1.27% | |
MNDY | C | -1.27% | |
ADBE | C | -1.17% | |
SPT | C | -1.14% | |
CXM | C | -1.13% | |
BRZE | C | -1.12% | |
ESTC | C | -1.06% | |
OKTA | C | -1.0% |
IVES: Top Represented Industries & Keywords
WCLD: Top Represented Industries & Keywords