ADPV vs. IVES ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.54

Average Daily Volume

4,155

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

$44.59

Average Daily Volume

8,133

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	IVES
30 Days	-2.09%	-3.53%
60 Days	4.71%	-5.83%
90 Days	15.14%	5.29%
12 Months	31.85%	46.21%

2 Overlapping Holdings

	Symbol	Grade	Weight in ADPV	Weight in IVES	Overlap
	INFA	D	4.34%	1.78%	1.78%
	NTNX	C	4.79%	2.79%	2.79%

ADPV Overweight 8 Positions Relative to IVES

Symbol	Grade	Weight
VRT	A	5.88%
VST	A	5.79%
CNM	A	5.22%
APP	B	5.13%
UBER	D	4.69%
NRG	A	4.38%
HOOD	C	4.3%
OWL	C	4.14%

ADPV Underweight 44 Positions Relative to IVES

Symbol	Grade	Weight
OTEX	F	-4.4%
MSTR	D	-3.68%
ESTC	C	-3.65%
NTAP	C	-3.33%
IOT	B	-2.98%
DDOG	C	-2.87%
PSTG	C	-2.85%
NET	F	-2.64%
SMCI	D	-2.59%
OKTA	D	-2.59%
MDB	F	-2.45%
GDS	C	-1.86%
CFLT	D	-1.7%
GTLB	F	-1.66%
DBX	F	-1.56%
APPF	C	-1.46%
HCP	B	-1.16%
SMAR	D	-0.99%
KC	C	-0.92%
KD	D	-0.88%
CVLT	A	-0.8%
FROG	D	-0.8%
BLKB	B	-0.79%
BOX	F	-0.74%
TDC	F	-0.68%
NCNO	D	-0.64%
DOCN	D	-0.57%
RNG	D	-0.53%
APPN	F	-0.51%
ZETA	A	-0.5%
JAMF	B	-0.47%
NABL	D	-0.43%
INTA	F	-0.43%
PDFS	D	-0.36%
SWI	B	-0.35%
VNET	D	-0.32%
FSLY	F	-0.32%
EVBG	B	-0.27%
GDYN	D	-0.15%
BLZE	D	-0.07%
RXT	C	-0.07%
UIS	C	-0.07%
EGHT	F	-0.06%
DOMO	F	-0.05%