USRD vs. IVES ETF Comparison

Comparison of Themes US R&D Champions ETF (USRD) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

USRD

Themes US R&D Champions ETF

USRD Description

The index is designed to provide exposure to U.S. companies in the large- and mid- capitalization segments that rank in the top 50 companies based on the index Provider"s R&D intensity metric. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.49

Average Daily Volume

143

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	USRD	IVES
30 Days	1.50%	7.17%
60 Days	1.60%	5.41%
90 Days	2.70%	7.27%
12 Months		43.26%

11 Overlapping Holdings

Symbol	Grade	Weight in USRD	Weight in IVES	Overlap
AMD	F	1.87%	1.8%	1.8%
ANET	C	1.93%	2.14%	1.93%
CDNS	B	2.11%	2.38%	2.11%
GOOGL	C	2.0%	2.33%	2.0%
HPE	B	2.16%	2.26%	2.16%
IBM	C	1.98%	2.0%	1.98%
MPWR	F	1.5%	1.48%	1.48%
NTAP	C	2.03%	2.1%	2.03%
ORCL	B	2.19%	2.38%	2.19%
QCOM	F	1.97%	2.08%	1.97%
SNPS	B	2.04%	2.38%	2.04%

USRD Overweight 39 Positions Relative to IVES

Symbol	Grade	Weight
FTNT	C	2.39%
TRMB	B	2.33%
EXPE	B	2.31%
GM	B	2.25%
INTU	C	2.25%
CMI	A	2.19%
ALGN	F	2.18%
ZM	B	2.17%
NOW	A	2.15%
EA	A	2.12%
ISRG	A	2.11%
ADBE	C	2.1%
ADSK	A	2.1%
CSCO	B	2.07%
ANSS	B	2.06%
VEEV	C	2.04%
BSX	B	2.03%
ROP	B	2.02%
EW	C	2.02%
KEYS	A	2.0%
TTD	B	1.97%
CSGP	D	1.96%
MDT	D	1.96%
META	D	1.95%
NOC	D	1.94%
HOLX	D	1.94%
JNJ	D	1.93%
DOX	D	1.89%
AMAT	F	1.89%
LRCX	F	1.88%
GEHC	F	1.87%
EL	F	1.85%
MELI	D	1.84%
CTVA	C	1.81%
REGN	F	1.79%
LLY	F	1.77%
LDOS	C	1.75%
AKAM	D	1.73%
ENPH	F	1.43%

USRD Underweight 25 Positions Relative to IVES

Symbol	Grade	Weight
TEAM	A	-3.08%
CFLT	B	-2.89%
MRVL	B	-2.71%
GTLB	B	-2.56%
NVDA	C	-2.55%
APPN	B	-2.53%
VRT	B	-2.52%
DELL	C	-2.43%
AMZN	C	-2.4%
MDB	C	-2.36%
SNOW	C	-2.35%
INTC	D	-2.29%
CIEN	B	-2.28%
HPQ	A	-2.21%
MSFT	F	-2.18%
MU	D	-2.18%
DDOG	A	-2.16%
HCP	B	-2.15%
AVGO	D	-2.14%
JNPR	F	-2.13%
AAPL	C	-2.12%
WDC	D	-2.07%
DOCN	D	-1.92%
BABA	D	-1.7%
SMCI	F	-1.13%