QQQN vs. IVES ETF Comparison

Comparison of VictoryShares Nasdaq Next 50 ETF (QQQN) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

6,312

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	QQQN	IVES
30 Days	3.53%	7.17%
60 Days	4.80%	5.41%
90 Days	10.05%	7.27%
12 Months	35.21%	43.26%

3 Overlapping Holdings

Symbol	Grade	Weight in QQQN	Weight in IVES	Overlap
MPWR	F	3.59%	1.29%	1.29%
NTAP	C	2.37%	2.16%	2.16%
WDC	D	2.23%	2.09%	2.09%

QQQN Overweight 46 Positions Relative to IVES

Symbol	Grade	Weight
APP	B	4.61%
ALNY	D	3.68%
MSTR	C	3.64%
AXON	A	3.25%
TSCO	D	3.07%
EBAY	D	3.03%
UAL	A	2.36%
CHKP	D	2.26%
ICLR	D	2.26%
TCOM	B	2.22%
PTC	A	2.16%
STX	D	2.12%
FSLR	F	2.01%
TER	D	1.98%
STLD	B	1.94%
EXPE	B	1.92%
ZM	B	1.86%
ZBRA	B	1.86%
HOLX	D	1.84%
SSNC	B	1.81%
ARGX	A	1.77%
VRSN	F	1.77%
JBHT	C	1.74%
DKNG	B	1.73%
ULTA	F	1.68%
GEN	B	1.61%
MANH	D	1.61%
LNT	A	1.55%
ENTG	D	1.52%
AKAM	D	1.52%
UTHR	C	1.52%
ALGN	D	1.51%
SNY	F	1.51%
SWKS	F	1.48%
NTNX	A	1.45%
NTRA	B	1.43%
NDSN	B	1.39%
BSY	D	1.39%
CPB	D	1.37%
BMRN	D	1.3%
BNTX	D	1.06%
ENPH	F	1.04%
NWSA	B	0.95%
FOXA	B	0.92%
FOX	A	0.88%
NWS	B	0.51%

QQQN Underweight 33 Positions Relative to IVES

Symbol	Grade	Weight
SNOW	C	-3.15%
TEAM	A	-3.13%
CFLT	B	-3.13%
VRT	B	-2.83%
GTLB	B	-2.72%
MRVL	B	-2.67%
MDB	C	-2.5%
DDOG	A	-2.47%
NVDA	C	-2.47%
DELL	C	-2.43%
APPN	B	-2.4%
CDNS	B	-2.4%
ORCL	B	-2.37%
SNPS	B	-2.35%
INTC	D	-2.28%
AMZN	C	-2.24%
HPQ	B	-2.22%
HPE	B	-2.22%
CIEN	B	-2.15%
ANET	C	-2.15%
MU	D	-2.12%
AAPL	C	-2.12%
GOOGL	C	-2.11%
HCP	B	-2.1%
MSFT	F	-2.09%
IBM	C	-2.07%
AVGO	D	-1.95%
QCOM	F	-1.94%
JNPR	F	-1.92%
DOCN	D	-1.91%
AMD	F	-1.69%
BABA	D	-1.56%
SMCI	F	-1.52%