PRN vs. IVES ETF Comparison
Comparison of PowerShares Dynamic Industrials (PRN) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
PRN
PowerShares Dynamic Industrials
PRN Description
The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$172.53
Average Daily Volume
18,320
40
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 | PRN | IVES |
|---|---|---|
| 30 Days | 6.96% | 7.17% |
| 60 Days | 14.21% | 5.41% |
| 90 Days | 21.42% | 7.27% |
| 12 Months | 60.59% | 43.26% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRN | Weight in IVES | Overlap |
|---|
PRN Overweight 40 Positions Relative to IVES
| Symbol | Grade | Weight | |
|---|---|---|---|
| SMR | A | 4.11% | |
| FIX | A | 3.97% | |
| PWR | A | 3.79% | |
| GWW | B | 3.77% | |
| WSO | A | 3.7% | |
| PH | B | 3.54% | |
| HEI | A | 3.39% | |
| TT | A | 3.26% | |
| CTAS | B | 3.25% | |
| URI | B | 3.23% | |
| HWM | A | 3.06% | |
| PKG | B | 2.93% | |
| FI | A | 2.83% | |
| AXON | A | 2.73% | |
| STRL | A | 2.7% | |
| CSL | C | 2.5% | |
| IRM | C | 2.47% | |
| TDG | D | 2.47% | |
| CSWI | A | 2.31% | |
| BAH | D | 2.31% | |
| EXP | B | 2.11% | |
| RSG | A | 2.05% | |
| MLI | B | 2.05% | |
| CARR | D | 2.03% | |
| GE | D | 2.03% | |
| DY | C | 1.98% | |
| GVA | A | 1.95% | |
| LMB | A | 1.83% | |
| ROAD | A | 1.78% | |
| AIT | B | 1.78% | |
| TTEK | F | 1.74% | |
| TPC | C | 1.64% | |
| CLH | C | 1.61% | |
| KAI | B | 1.6% | |
| FWRD | D | 1.47% | |
| UFPI | C | 1.46% | |
| ITT | A | 1.45% | |
| VSEC | B | 1.45% | |
| RUSHA | B | 1.38% | |
| CECO | C | 1.2% |
PRN Underweight 36 Positions Relative to IVES
| Symbol | Grade | Weight | |
|---|---|---|---|
| TEAM | A | -3.08% | |
| CFLT | B | -2.89% | |
| MRVL | B | -2.71% | |
| GTLB | B | -2.56% | |
| NVDA | A | -2.55% | |
| APPN | C | -2.53% | |
| VRT | A | -2.52% | |
| DELL | B | -2.43% | |
| AMZN | B | -2.4% | |
| CDNS | B | -2.38% | |
| SNPS | C | -2.38% | |
| ORCL | A | -2.38% | |
| MDB | C | -2.36% | |
| SNOW | C | -2.35% | |
| GOOGL | B | -2.33% | |
| INTC | C | -2.29% | |
| CIEN | B | -2.28% | |
| HPE | B | -2.26% | |
| HPQ | B | -2.21% | |
| MSFT | D | -2.18% | |
| MU | D | -2.18% | |
| DDOG | A | -2.16% | |
| HCP | B | -2.15% | |
| AVGO | C | -2.14% | |
| ANET | C | -2.14% | |
| JNPR | D | -2.13% | |
| AAPL | C | -2.12% | |
| NTAP | C | -2.1% | |
| QCOM | F | -2.08% | |
| WDC | F | -2.07% | |
| IBM | C | -2.0% | |
| DOCN | D | -1.92% | |
| AMD | F | -1.8% | |
| BABA | D | -1.7% | |
| MPWR | F | -1.48% | |
| SMCI | F | -1.13% |
PRN: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords
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