AFLG vs. CFA ETF Comparison

Comparison of Active Factor Large Cap ETF (AFLG) to Compass EMP US 500 Volatility Weighted Index ETF (CFA)

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$36.16

Average Daily Volume

36,568

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

CFA

Compass EMP US 500 Volatility Weighted Index ETF

CFA Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Volatility Weighted Index before fees and expenses. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$91.01

Average Daily Volume

8,784

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	AFLG	CFA
30 Days	5.92%	6.19%
60 Days	6.39%	6.02%
90 Days	9.64%	9.22%
12 Months	39.44%	30.53%

204 Overlapping Holdings

	Symbol	Grade	Weight in AFLG	Weight in CFA	Overlap
	AAPL	A	7.06%	0.2%	0.2%
	ABBV	D	0.82%	0.2%	0.2%
	ACGL	D	0.17%	0.2%	0.17%
	ACN	B	0.22%	0.2%	0.2%
	ADBE	C	0.31%	0.11%	0.11%
	ADM	D	0.06%	0.11%	0.06%
	AFL	A	0.75%	0.23%	0.23%
	AIG	B	0.28%	0.23%	0.23%
	ALL	A	0.08%	0.24%	0.08%
	ALLE	D	0.01%	0.21%	0.01%
	AMAT	F	0.34%	0.1%	0.1%
	AMP	A	0.16%	0.32%	0.16%
	AMZN	B	1.78%	0.2%	0.2%
	ANET	C	0.13%	0.12%	0.12%
	AOS	F	0.38%	0.17%	0.17%
	APH	B	0.58%	0.2%	0.2%
	APP	B	1.29%	0.25%	0.25%
	AVGO	D	1.27%	0.1%	0.1%
	AXP	A	0.41%	0.23%	0.23%
	AZO	B	0.17%	0.22%	0.17%
	BAH	F	0.17%	0.15%	0.15%
	BBY	D	0.47%	0.12%	0.12%
	BG	D	0.07%	0.17%	0.07%
	BK	A	0.73%	0.31%	0.31%
	BKNG	A	0.28%	0.22%	0.22%
	BLDR	D	0.33%	0.1%	0.1%
	BLK	C	0.09%	0.29%	0.09%
	BRK.A	B	1.57%	0.35%	0.35%
	BRO	A	0.3%	0.26%	0.26%
	BSX	B	0.68%	0.3%	0.3%
	CAH	B	0.11%	0.23%	0.11%
	CAT	B	0.56%	0.2%	0.2%
	CBOE	B	0.38%	0.23%	0.23%
	CDNS	B	0.05%	0.16%	0.05%
	CDW	F	0.03%	0.15%	0.03%
	CEG	C	0.62%	0.12%	0.12%
	CF	B	0.42%	0.18%	0.18%
	CFG	B	0.27%	0.17%	0.17%
	CI	D	0.15%	0.22%	0.15%
	CL	D	0.58%	0.29%	0.29%
	CMCSA	C	0.55%	0.24%	0.24%
	CME	A	0.23%	0.28%	0.23%
	CMG	B	0.32%	0.17%	0.17%
	CMI	A	0.51%	0.23%	0.23%
	CNC	F	0.19%	0.14%	0.14%
	COR	A	0.57%	0.28%	0.28%
	COST	A	0.9%	0.24%	0.24%
	CRBG	B	0.09%	0.17%	0.09%
	CRM	B	0.59%	0.17%	0.17%
	CSCO	A	0.44%	0.29%	0.29%
	CSL	B	0.39%	0.19%	0.19%
	CTAS	A	0.7%	0.26%	0.26%
	CTSH	A	0.45%	0.23%	0.23%
	CVNA	B	0.07%	0.09%	0.07%
	CVS	D	0.18%	0.14%	0.14%
	CVX	A	0.45%	0.27%	0.27%
	DECK	B	0.28%	0.13%	0.13%
	DELL	C	0.14%	0.09%	0.09%
	DHI	D	0.32%	0.12%	0.12%
	DKS	C	0.04%	0.1%	0.04%
	DPZ	B	0.05%	0.17%	0.05%
	DVN	F	0.29%	0.17%	0.17%
	EA	B	0.32%	0.29%	0.29%
	EBAY	C	0.1%	0.2%	0.1%
	ECL	D	0.52%	0.23%	0.23%
	ED	C	0.25%	0.26%	0.25%
	EG	C	0.15%	0.19%	0.15%
	EIX	A	0.23%	0.24%	0.23%
	ELV	F	0.67%	0.17%	0.17%
	EME	B	0.68%	0.2%	0.2%
	EPAM	C	0.05%	0.12%	0.05%
	EQH	B	0.0%	0.23%	0.0%
	ERIE	D	0.24%	0.15%	0.15%
	ETN	A	0.55%	0.19%	0.19%
	EVRG	A	0.29%	0.29%	0.29%
	EXPE	B	0.21%	0.15%	0.15%
	FDX	B	0.24%	0.15%	0.15%
	FE	D	0.52%	0.27%	0.27%
	FFIV	A	0.6%	0.21%	0.21%
	FI	A	0.12%	0.34%	0.12%
	FICO	A	0.8%	0.2%	0.2%
	FIS	D	0.36%	0.22%	0.22%
	FOXA	C	0.55%	0.25%	0.25%
	GDDY	A	0.55%	0.24%	0.24%
	GE	C	0.15%	0.17%	0.15%
	GEN	A	0.1%	0.17%	0.1%
	GILD	B	0.57%	0.21%	0.21%
	GOOGL	C	2.04%	0.19%	0.19%
	GRMN	B	0.41%	0.21%	0.21%
	GWW	A	0.2%	0.27%	0.2%
	HIG	A	1.11%	0.25%	0.25%
	HLT	A	0.36%	0.29%	0.29%
	HOLX	D	0.04%	0.29%	0.04%
	HPQ	B	0.49%	0.15%	0.15%
	HUM	C	0.17%	0.1%	0.1%
	HWM	B	0.46%	0.16%	0.16%
	IBKR	A	0.39%	0.28%	0.28%
	IBM	C	0.44%	0.21%	0.21%
	ICE	D	0.4%	0.3%	0.3%
	INCY	B	0.22%	0.22%	0.22%
	IP	B	0.34%	0.19%	0.19%
	IPG	C	0.07%	0.19%	0.07%
	IT	C	0.12%	0.21%	0.12%
	J	D	0.08%	0.23%	0.08%
	JBL	C	0.18%	0.13%	0.13%
	JNJ	D	0.7%	0.28%	0.28%
	KEYS	B	0.22%	0.14%	0.14%
	KHC	D	0.1%	0.2%	0.1%
	KLAC	D	0.1%	0.09%	0.09%
	KMB	C	0.05%	0.23%	0.05%
	KO	D	0.33%	0.33%	0.33%
	KR	A	0.47%	0.24%	0.24%
	L	A	0.18%	0.33%	0.18%
	LDOS	D	0.13%	0.26%	0.13%
	LEN	D	0.32%	0.14%	0.14%
	LH	B	0.09%	0.22%	0.09%
	LII	B	0.25%	0.18%	0.18%
	LLY	D	0.42%	0.12%	0.12%
	LMT	D	0.34%	0.3%	0.3%
	LOW	C	0.31%	0.22%	0.22%
	LYB	F	0.07%	0.22%	0.07%
	MA	A	0.21%	0.32%	0.21%
	MANH	C	0.25%	0.15%	0.15%
	MAS	D	0.5%	0.17%	0.17%
	MCK	B	0.53%	0.24%	0.24%
	MCO	A	0.05%	0.23%	0.05%
	MET	A	0.04%	0.26%	0.04%
	META	D	1.8%	0.13%	0.13%
	MMM	C	0.55%	0.12%	0.12%
	MO	A	0.99%	0.27%	0.27%
	MOH	D	0.08%	0.13%	0.08%
	MPC	D	0.13%	0.15%	0.13%
	MRK	D	0.62%	0.18%	0.18%
	MSFT	C	4.6%	0.24%	0.24%
	MSI	B	0.39%	0.31%	0.31%
	NFLX	B	0.91%	0.19%	0.19%
	NRG	B	0.81%	0.15%	0.15%
	NTAP	B	0.63%	0.14%	0.14%
	NUE	D	0.37%	0.17%	0.17%
	NVDA	C	5.45%	0.1%	0.1%
	NVR	D	0.47%	0.19%	0.19%
	NWSA	B	0.2%	0.22%	0.2%
	NXPI	D	0.05%	0.11%	0.05%
	OC	B	0.36%	0.18%	0.18%
	ORLY	A	0.06%	0.26%	0.06%
	PCAR	B	0.39%	0.22%	0.22%
	PEG	A	0.57%	0.3%	0.3%
	PFG	C	0.04%	0.26%	0.04%
	PG	A	0.84%	0.31%	0.31%
	PGR	A	0.73%	0.23%	0.23%
	PH	A	0.23%	0.2%	0.2%
	PHM	D	0.52%	0.15%	0.15%
	PINS	D	0.04%	0.1%	0.04%
	PKG	A	0.36%	0.29%	0.29%
	PM	A	0.35%	0.31%	0.31%
	PPG	D	0.19%	0.26%	0.19%
	PPL	A	0.05%	0.31%	0.05%
	PRU	A	0.09%	0.22%	0.09%
	PSX	C	0.09%	0.18%	0.09%
	QCOM	F	0.88%	0.11%	0.11%
	RF	B	0.29%	0.2%	0.2%
	RMD	C	0.1%	0.11%	0.1%
	ROL	A	0.06%	0.22%	0.06%
	ROST	C	0.04%	0.22%	0.04%
	RPM	B	0.11%	0.26%	0.11%
	RS	B	0.66%	0.19%	0.19%
	SHW	A	0.19%	0.23%	0.19%
	SNA	A	0.63%	0.26%	0.26%
	SNPS	B	0.06%	0.14%	0.06%
	SO	C	0.13%	0.28%	0.13%
	SOLV	C	0.25%	0.13%	0.13%
	SPGI	B	0.08%	0.29%	0.08%
	SSNC	A	0.09%	0.25%	0.09%
	STLD	B	0.47%	0.2%	0.2%
	STT	A	0.05%	0.24%	0.05%
	SWKS	D	0.2%	0.1%	0.1%
	SYF	A	0.29%	0.2%	0.2%
	SYK	B	0.15%	0.26%	0.15%
	T	A	0.18%	0.28%	0.18%
	TDG	D	0.0%	0.2%	0.0%
	TJX	A	0.38%	0.27%	0.27%
	TMUS	A	0.35%	0.42%	0.35%
	TOL	B	0.16%	0.13%	0.13%
	TPL	B	0.08%	0.19%	0.08%
	TRGP	B	0.36%	0.32%	0.32%
	TROW	A	0.2%	0.22%	0.2%
	TT	A	0.49%	0.23%	0.23%
	TXT	D	0.07%	0.19%	0.07%
	UHS	D	0.89%	0.15%	0.15%
	ULTA	F	0.14%	0.14%	0.14%
	UNH	B	0.27%	0.19%	0.19%
	UTHR	B	0.04%	0.16%	0.04%
	V	A	0.3%	0.35%	0.3%
	VLO	C	0.31%	0.16%	0.16%
	VRSN	C	0.21%	0.25%	0.21%
	VRT	B	0.16%	0.13%	0.13%
	VST	B	1.26%	0.16%	0.16%
	VZ	B	0.49%	0.23%	0.23%
	WAB	A	0.38%	0.26%	0.26%
	WMT	A	0.61%	0.29%	0.29%
	WSM	B	0.41%	0.1%	0.1%
	WSO	B	0.06%	0.19%	0.06%
	XOM	C	0.74%	0.26%	0.26%
	ZM	B	0.23%	0.17%	0.17%

AFLG Overweight 44 Positions Relative to CFA

	Symbol	Grade	Weight
	RL	B	0.79%
	BMY	B	0.58%
	SPG	A	0.58%
	MAA	B	0.47%
	TPR	A	0.47%
	VICI	C	0.44%
	GLPI	B	0.42%
	CNA	B	0.42%
	HSIC	B	0.39%
	HST	C	0.37%
	RHI	C	0.36%
	WELL	A	0.32%
	WU	D	0.29%
	VSCO	B	0.28%
	OGN	D	0.27%
	MTCH	D	0.25%
	VTR	C	0.21%
	ALNY	D	0.21%
	WPC	D	0.21%
	BEN	C	0.17%
	GL	C	0.16%
	AIZ	A	0.16%
	LKQ	D	0.16%
	CPT	A	0.15%
	BBWI	C	0.13%
	SCCO	F	0.11%
	EQR	A	0.1%
	VTRS	B	0.1%
	ETSY	C	0.09%
	DXC	B	0.08%
	DINO	F	0.06%
	DASH	A	0.06%
	ZION	B	0.06%
	UDR	B	0.05%
	ESS	B	0.05%
	AVB	A	0.05%
	WTW	A	0.05%
	QRVO	F	0.05%
	PSA	C	0.05%
	AMCR	D	0.04%
	IVZ	B	0.04%
	MOS	F	0.03%
	WBA	F	0.03%
	BWA	D	0.03%

AFLG Underweight 291 Positions Relative to CFA

	Symbol	Grade	Weight
	KMI	B	-0.37%
	ADP	A	-0.35%
	ATO	A	-0.35%
	RSG	A	-0.34%
	ITW	A	-0.33%
	WMB	B	-0.33%
	HON	B	-0.33%
	OKE	B	-0.32%
	NI	A	-0.32%
	ETR	A	-0.32%
	CHD	B	-0.32%
	LIN	D	-0.3%
	DUK	C	-0.3%
	SRE	B	-0.3%
	RJF	A	-0.3%
	LNG	A	-0.3%
	MMC	A	-0.3%
	GD	F	-0.29%
	YUM	B	-0.29%
	LHX	C	-0.28%
	CB	C	-0.28%
	CSX	B	-0.28%
	OTIS	C	-0.28%
	CPRT	A	-0.27%
	ABT	B	-0.27%
	PAYX	B	-0.27%
	PCG	A	-0.27%
	WM	A	-0.27%
	GGG	B	-0.27%
	MAR	A	-0.27%
	IEX	B	-0.27%
	CMS	B	-0.27%
	LNT	A	-0.27%
	ROP	B	-0.26%
	AEE	A	-0.26%
	RTX	D	-0.26%
	MS	C	-0.26%
	MCD	D	-0.26%
	NDAQ	A	-0.26%
	WEC	A	-0.26%
	CW	B	-0.26%
	JPM	B	-0.26%
	AFG	A	-0.26%
	FAST	A	-0.26%
	BR	A	-0.26%
	DOV	A	-0.25%
	FDS	B	-0.25%
	UNP	C	-0.25%
	SCI	A	-0.25%
	AVY	D	-0.25%
	CINF	A	-0.25%
	HD	B	-0.25%
	TRV	B	-0.25%
	AME	A	-0.25%
	MKL	A	-0.25%
	JKHY	D	-0.25%
	CNP	A	-0.25%
	PEP	F	-0.25%
	MDT	D	-0.25%
	AJG	A	-0.25%
	BAC	A	-0.24%
	HEI	B	-0.24%
	DGX	B	-0.24%
	DTE	C	-0.24%
	KDP	D	-0.24%
	VRSK	A	-0.24%
	WFC	A	-0.24%
	BDX	F	-0.24%
	COP	D	-0.24%
	NTRS	A	-0.24%
	JEF	A	-0.24%
	PTC	A	-0.24%
	STZ	F	-0.24%
	MDLZ	F	-0.24%
	TW	A	-0.24%
	ZBH	C	-0.24%
	GS	A	-0.24%
	LYV	B	-0.23%
	EMR	A	-0.23%
	CTRA	B	-0.23%
	TXRH	A	-0.23%
	XEL	A	-0.23%
	CLX	C	-0.23%
	BKR	C	-0.23%
	DRI	B	-0.23%
	AON	A	-0.23%
	COF	B	-0.23%
	VMC	B	-0.23%
	SYY	C	-0.23%
	EOG	C	-0.23%
	TAP	C	-0.23%
	ACM	A	-0.23%
	AEP	C	-0.23%
	TRMB	B	-0.23%
	MORN	A	-0.23%
	NOC	D	-0.23%
	MNST	B	-0.23%
	EMN	D	-0.22%
	AXON	A	-0.22%
	DIS	B	-0.22%
	RNR	C	-0.22%
	EXC	C	-0.22%
	SCHW	A	-0.22%
	RGA	A	-0.22%
	WRB	A	-0.22%
	UAL	B	-0.22%
	USFD	A	-0.22%
	AWK	D	-0.22%
	MTB	B	-0.22%
	DAL	B	-0.22%
	APO	A	-0.22%
	OMC	C	-0.22%
	TDY	B	-0.22%
	MLM	B	-0.22%
	EXPD	D	-0.22%
	NDSN	B	-0.21%
	GIS	D	-0.21%
	D	C	-0.21%
	CPAY	A	-0.21%
	LPLA	A	-0.21%
	XYL	D	-0.21%
	EWBC	B	-0.21%
	C	B	-0.21%
	JCI	C	-0.21%
	HBAN	B	-0.21%
	DE	B	-0.21%
	PFGC	B	-0.21%
	LVS	C	-0.21%
	FTV	B	-0.21%
	PNC	A	-0.21%
	EQT	B	-0.2%
	STE	F	-0.2%
	CPB	D	-0.2%
	TYL	A	-0.2%
	IR	A	-0.2%
	FNF	B	-0.2%
	TSCO	D	-0.2%
	ADSK	B	-0.2%
	OWL	B	-0.2%
	BX	B	-0.2%
	VLTO	D	-0.2%
	ARES	A	-0.2%
	SJM	C	-0.2%
	ORCL	B	-0.2%
	DOW	F	-0.2%
	ITT	B	-0.2%
	OXY	F	-0.2%
	GLW	B	-0.19%
	TMO	F	-0.19%
	GM	C	-0.19%
	CAG	D	-0.19%
	ISRG	B	-0.19%
	APD	A	-0.19%
	WMG	C	-0.19%
	RCL	A	-0.19%
	CLH	B	-0.19%
	FITB	B	-0.19%
	CBRE	A	-0.19%
	USB	A	-0.19%
	HSY	F	-0.19%
	REGN	F	-0.18%
	HUBB	B	-0.18%
	DVA	A	-0.18%
	UPS	C	-0.18%
	CASY	B	-0.18%
	DHR	D	-0.18%
	OVV	C	-0.18%
	SLB	C	-0.18%
	KVUE	A	-0.18%
	HAL	C	-0.18%
	KKR	A	-0.18%
	MKC	D	-0.18%
	NSC	A	-0.18%
	RYAN	A	-0.18%
	INTU	C	-0.18%
	H	B	-0.18%
	JBHT	B	-0.18%
	ODFL	B	-0.17%
	TTEK	D	-0.17%
	DD	D	-0.17%
	NEE	D	-0.17%
	DOCU	B	-0.17%
	ZTS	F	-0.17%
	HCA	F	-0.17%
	PWR	A	-0.17%
	TXN	D	-0.17%
	PR	B	-0.17%
	GPC	D	-0.17%
	GPN	C	-0.17%
	FCNCA	B	-0.17%
	FANG	F	-0.17%
	PAG	B	-0.17%
	IDXX	F	-0.16%
	PYPL	B	-0.16%
	ABNB	C	-0.16%
	A	D	-0.16%
	VEEV	B	-0.16%
	MSCI	B	-0.16%
	KEY	B	-0.16%
	CSGP	C	-0.16%
	WAT	A	-0.16%
	CARR	D	-0.16%
	HII	D	-0.15%
	GEV	B	-0.15%
	STX	D	-0.15%
	AKAM	D	-0.15%
	CHRW	C	-0.15%
	WLK	F	-0.15%
	HPE	B	-0.15%
	PODD	B	-0.15%
	CTVA	A	-0.15%
	ZBRA	A	-0.15%
	GEHC	F	-0.15%
	PLTR	B	-0.15%
	TGT	F	-0.15%
	HRL	D	-0.15%
	JLL	B	-0.15%
	POOL	C	-0.15%
	AMGN	F	-0.15%
	DT	C	-0.15%
	NOW	A	-0.15%
	TFX	F	-0.14%
	FTNT	B	-0.14%
	FIX	A	-0.14%
	CPNG	C	-0.14%
	DDOG	B	-0.14%
	MGM	F	-0.14%
	BSY	D	-0.14%
	URI	B	-0.14%
	RVTY	D	-0.14%
	XPO	B	-0.14%
	WDAY	C	-0.14%
	ROK	B	-0.14%
	UHAL	D	-0.14%
	HOOD	B	-0.14%
	WST	C	-0.13%
	EFX	D	-0.13%
	BURL	B	-0.13%
	CHTR	B	-0.13%
	ADI	D	-0.13%
	TSLA	B	-0.13%
	FCX	F	-0.13%
	THC	D	-0.13%
	LUV	C	-0.13%
	SQ	C	-0.13%
	BIIB	F	-0.13%
	ALGN	D	-0.12%
	UBER	D	-0.12%
	NKE	F	-0.12%
	TTD	B	-0.12%
	IQV	D	-0.12%
	BMRN	D	-0.12%
	SBUX	B	-0.12%
	CRWD	B	-0.12%
	ALLY	B	-0.12%
	KMX	B	-0.12%
	F	C	-0.12%
	NBIX	C	-0.12%
	COKE	C	-0.12%
	PANW	B	-0.11%
	COIN	C	-0.11%
	WMS	D	-0.11%
	FND	C	-0.11%
	WING	D	-0.11%
	MTD	D	-0.11%
	AVTR	D	-0.11%
	TECH	C	-0.11%
	LRCX	D	-0.1%
	ENTG	D	-0.1%
	BLD	D	-0.1%
	KNSL	B	-0.1%
	INTC	D	-0.1%
	EW	C	-0.1%
	CE	F	-0.1%
	MCHP	D	-0.1%
	AES	F	-0.1%
	EL	F	-0.09%
	PSTG	D	-0.09%
	DG	F	-0.09%
	AMD	F	-0.09%
	APTV	F	-0.09%
	FSLR	F	-0.08%
	TER	D	-0.08%
	CHWY	C	-0.08%
	ON	D	-0.08%
	DXCM	C	-0.08%
	SRPT	C	-0.07%
	MPWR	F	-0.06%
	RKT	D	-0.06%
	ENPH	F	-0.04%
	SMCI	F	-0.02%

AFLG: Top Represented Industries & Keywords

Industries: Specialty Retail Asset Management Information Technology Services Health Care Plans Software - Application Drug Manufacturers - Major Insurance - Diversified Internet Content & Information REIT - Residential Semiconductors Business Services Credit Services Diversified Industrials Insurance - Life Residential Construction Specialty Chemicals Utilities - Regulated Electric Insurance - Property & Casualty Medical Distribution Oil & Gas Refining & Marketing

Keywords: S&P 500 Nasdaq 100 Insurance Dow Jones Component Computing Electronics Natural Gas Mobile Devices Telecommunications Disability Insurance Products Real Estate Investment Trust Aerospace Electricity IBD 50 Life Insurance Cloud Computing Health Insurance Medicine Retail Store

CFA: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Semiconductors Specialty Retail Capital Markets Diagnostics & Research Insurance - Property & Casualty Aerospace & Defense Banks - Regional - US Oil & Gas E&P Medical Devices Restaurants Software - Infrastructure Specialty Chemicals Biotechnology Drug Manufacturers - Major Engineering & Construction

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Computing Dow Jones Component Electricity Electronics Aerospace Medicine Bank Chemical Semiconductor Banking Insurance Products Telecommunications Cloud Computing IBD 50 Investment Bank Mining