MAKX vs. IVES ETF Comparison
Comparison of ProShares S&P Kensho Smart Factories ETF (MAKX) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
MAKX
ProShares S&P Kensho Smart Factories ETF
MAKX Description
ProShares S&P Kensho Smart Factories ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on building the technology empowering the digitalization of manufacturing activities sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. ProShares S&P Kensho Smart Factories ETF is domiciled in the United States. The investment seeks results, before fees and expenses, that track the performance of the S&P Kensho Smart Factories Index.
Grade (RS Rating)
Last Trade
$38.04
Average Daily Volume
91
19
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
Performance
Period | MAKX | IVES |
---|---|---|
30 Days | 1.79% | 7.17% |
60 Days | 3.25% | 5.41% |
90 Days | 6.23% | 7.27% |
12 Months | 23.97% | 43.26% |
0 Overlapping Holdings
Symbol | Grade | Weight in MAKX | Weight in IVES | Overlap |
---|
MAKX Overweight 19 Positions Relative to IVES
MAKX Underweight 36 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
SMCI | F | -2.5% | |
NVDA | B | -2.47% | |
MRVL | A | -2.43% | |
TEAM | A | -2.41% | |
GTLB | A | -2.4% | |
CFLT | A | -2.39% | |
VRT | B | -2.33% | |
MU | C | -2.3% | |
WDC | C | -2.29% | |
MSFT | D | -2.25% | |
DDOG | B | -2.25% | |
HPQ | B | -2.24% | |
AAPL | C | -2.23% | |
ORCL | B | -2.22% | |
DELL | A | -2.22% | |
SNOW | C | -2.21% | |
MDB | F | -2.21% | |
JNPR | A | -2.2% | |
AMZN | A | -2.2% | |
QCOM | D | -2.2% | |
INTC | C | -2.19% | |
SNPS | B | -2.19% | |
HCP | A | -2.17% | |
ANET | B | -2.17% | |
GOOGL | A | -2.16% | |
AVGO | B | -2.14% | |
NTAP | D | -2.11% | |
CIEN | B | -2.1% | |
MPWR | F | -2.1% | |
DOCN | B | -2.09% | |
CDNS | C | -2.09% | |
APPN | A | -2.08% | |
IBM | C | -2.07% | |
HPE | A | -2.06% | |
AMD | F | -2.0% | |
BABA | B | -1.83% |
MAKX: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords