LGRO vs. IVES ETF Comparison

Comparison of Level Four Large Cap Growth Active ETF (LGRO) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

LGRO

Level Four Large Cap Growth Active ETF

LGRO Description

The fund invests primarily in equity securities of carefully selected, high-quality U.S. companies. The fund invests primarily in the domestic equity securities of companies selected by Level Four Capital Management, LLC for their growth potential within various market sectors.

Grade (RS Rating)

Last Trade

$34.79

Average Daily Volume

1,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LGRO	IVES
30 Days	3.28%	7.17%
60 Days	7.22%	5.41%
90 Days	9.12%	7.27%
12 Months	33.75%	43.26%

9 Overlapping Holdings

Symbol	Grade	Weight in LGRO	Weight in IVES	Overlap
AAPL	C	7.16%	2.12%	2.12%
AMZN	C	5.56%	2.4%	2.4%
AVGO	D	1.83%	2.14%	1.83%
GOOGL	C	5.03%	2.33%	2.33%
MPWR	F	1.49%	1.48%	1.48%
MSFT	D	5.75%	2.18%	2.18%
MU	D	1.48%	2.18%	1.48%
NVDA	B	4.33%	2.55%	2.55%
SNOW	B	2.66%	2.35%	2.35%

LGRO Overweight 38 Positions Relative to IVES

Symbol	Grade	Weight
BKNG	A	3.65%
BLK	B	3.47%
PYPL	B	3.31%
META	D	3.28%
TWLO	A	2.74%
LRCX	F	2.72%
UBER	F	2.59%
UNH	B	2.51%
MS	A	2.44%
NOW	A	2.43%
DOCU	B	2.41%
NFLX	A	2.34%
RH	C	2.23%
MSCI	C	2.16%
HD	B	2.09%
CRM	B	2.04%
MA	B	1.94%
Z	A	1.49%
AMAT	F	1.44%
PANW	B	1.14%
PSX	C	1.12%
LMT	D	1.07%
FIS	C	1.05%
ABBV	F	1.03%
URI	C	1.02%
PAYC	B	0.99%
V	A	0.98%
CTSH	B	0.98%
PHM	D	0.97%
VRTX	D	0.96%
MCD	D	0.91%
DIS	B	0.87%
FTV	C	0.85%
TDG	D	0.85%
STZ	D	0.79%
ETSY	D	0.65%
BIIB	F	0.64%
EL	F	0.26%

LGRO Underweight 27 Positions Relative to IVES

Symbol	Grade	Weight
TEAM	A	-3.08%
CFLT	B	-2.89%
MRVL	B	-2.71%
GTLB	B	-2.56%
APPN	B	-2.53%
VRT	B	-2.52%
DELL	B	-2.43%
CDNS	B	-2.38%
SNPS	B	-2.38%
ORCL	A	-2.38%
MDB	B	-2.36%
INTC	C	-2.29%
CIEN	C	-2.28%
HPE	B	-2.26%
HPQ	B	-2.21%
DDOG	A	-2.16%
HCP	B	-2.15%
ANET	C	-2.14%
JNPR	D	-2.13%
NTAP	C	-2.1%
QCOM	F	-2.08%
WDC	D	-2.07%
IBM	C	-2.0%
DOCN	C	-1.92%
AMD	F	-1.8%
BABA	D	-1.7%
SMCI	F	-1.13%