SPTE vs. IVES ETF Comparison

Comparison of SP Funds S&P Global Technology ETF (SPTE) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

SPTE

SP Funds S&P Global Technology ETF

SPTE Description

The S&P Global 1200 Shariah Information Technology Capped Index is designed to measure the performance of global large-cap equity securities within the information technology sector that pass rules-based screens for adherence to Shariah investment guidelines, with a cap applied to ensure diversification among companies in the index. Under normal circumstances, at least 80% of the fund"s total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.95

Average Daily Volume

7,863

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

$46.26

Average Daily Volume

4,051

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPTE	IVES
30 Days	10.13%	5.39%
60 Days	16.69%	3.75%
90 Days	15.72%	0.91%
12 Months		30.29%

0 Overlapping Holdings

	Symbol	Grade	Weight in SPTE	Weight in IVES	Overlap

SPTE Overweight 7 Positions Relative to IVES

Symbol	Grade	Weight
TSM	A	13.78%
NVDA	B	12.85%
MSFT	A	9.88%
AAPL	A	9.19%
SAP	A	3.87%
AVGO	B	3.19%
SHOP	C	1.6%

SPTE Underweight 46 Positions Relative to IVES

Symbol	Grade	Weight
OTEX	D	-4.64%
ESTC	B	-4.43%
DDOG	B	-3.22%
NET	B	-3.16%
SMCI	C	-3.15%
NTAP	A	-2.92%
MDB	D	-2.92%
OKTA	C	-2.9%
PSTG	C	-2.8%
NTNX	D	-2.67%
IOT	C	-2.57%
MSTR	D	-2.53%
GDS	B	-2.17%
CFLT	D	-1.82%
INFA	B	-1.8%
APPF	B	-1.75%
GTLB	D	-1.52%
DBX	D	-1.43%
HCP	A	-1.31%
SMAR	B	-1.16%
KD	B	-1.16%
CVLT	A	-1.01%
KC	F	-0.81%
FROG	B	-0.77%
BLKB	D	-0.76%
BOX	D	-0.74%
ZETA	B	-0.73%
NCNO	C	-0.7%
VNET	C	-0.67%
TDC	C	-0.65%
DOCN	D	-0.6%
NABL	B	-0.55%
INTA	B	-0.51%
RNG	D	-0.5%
APPN	D	-0.43%
PDFS	B	-0.42%
SWI	B	-0.39%
JAMF	D	-0.39%
EVBG	B	-0.28%
FSLY	F	-0.2%
GDYN	C	-0.15%
RXT	B	-0.13%
DOMO	C	-0.06%
BLZE	D	-0.05%
EGHT	F	-0.05%
UIS	D	-0.05%