DDIV vs. IVES ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

DDIV

First Trust Dorsey Wright Momentum & Dividend ETF

DDIV Description

The First Trust Dorsey Wright Momentum & Dividend ETF, formerly the First Trust RBA Quality Income ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend Yield Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and was developed by Nasdaq, Inc. (the "Index Provider"). The Dorsey Wright Momentum Plus Dividend Yield Index is a rules-based equity index that is designed to track the overall performance of the 50 highest dividend yielding stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength. To construct the index, Dorsey, Wright & Associates (DWA) begins with the eligible constituents of the NASDAQ US Large Mid Cap Index. These eligible constituents are determined after meeting certain criteria, including maintaining a minimum average daily dollar volume of $1 million for the 30-day period prior to evaluation. Each security is assigned a relative strength score based on its forward price momentum compared to the momentum of a broad market benchmark index. Securities that exhibit a minimum level of relative strength are eligible for inclusion in the index. Eligible securities are then ranked based upon their current dividend yield, and the top 50 securities with the highest dividend yield are selected for inclusion in the index. The securities are then weighted, with greater weights given to securities with higher dividend yields. The index is reconstituted and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$33.95

Average Daily Volume

12,094

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

$46.95

Average Daily Volume

5,400

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DDIV	IVES
30 Days	5.32%	10.71%
60 Days	0.80%	-0.24%
90 Days	11.01%	7.99%
12 Months	28.92%	45.94%

1 Overlapping Holdings

	Symbol	Grade	Weight in DDIV	Weight in IVES	Overlap
	NTAP	B	1.3%	3.53%	1.3%

DDIV Overweight 49 Positions Relative to IVES

Symbol	Grade	Weight
STWD	C	5.55%
OMF	B	5.1%
SPG	D	4.06%
OKE	A	3.98%
LAMR	A	3.73%
CRBG	B	3.07%
ORI	A	2.99%
STX	C	2.85%
IRM	C	2.8%
RHP	D	2.7%
TPR	D	2.69%
ARES	A	2.62%
DRI	F	2.61%
HRB	A	2.61%
IBM	D	2.54%
WELL	A	2.47%
OWL	B	2.36%
CG	D	2.25%
PKG	D	2.13%
PSX	D	2.07%
WSO	A	2.07%
BX	C	2.03%
GPS	D	2.02%
SSB	C	1.92%
NRG	A	1.85%
AFL	A	1.82%
JPM	A	1.7%
VLO	D	1.61%
ALL	B	1.51%
GRMN	A	1.46%
ITW	D	1.4%
DKS	D	1.38%
KR	C	1.34%
AIG	A	1.23%
RGA	A	1.21%
FAST	D	1.16%
TRV	D	1.02%
CAH	F	1.02%
RL	D	1.01%
TRGP	C	0.97%
FANG	B	0.95%
TXRH	A	0.93%
HLI	A	0.91%
CE	D	0.86%
COF	B	0.85%
NXPI	A	0.84%
AVGO	C	0.82%
RPM	D	0.8%
PBF	F	0.77%

DDIV Underweight 45 Positions Relative to IVES

Symbol	Grade	Weight
ESTC	B	-3.72%
OTEX	F	-3.67%
MSTR	D	-3.61%
IOT	B	-3.25%
NTNX	A	-2.96%
PSTG	C	-2.96%
SMCI	D	-2.78%
OKTA	D	-2.7%
DDOG	D	-2.51%
MDB	F	-2.33%
NET	F	-2.21%
GDS	D	-2.12%
APPF	B	-1.66%
INFA	D	-1.65%
CFLT	D	-1.62%
GTLB	F	-1.55%
DBX	F	-1.51%
HCP	B	-1.2%
SMAR	D	-1.01%
KC	D	-1.0%
CVLT	A	-0.89%
KD	A	-0.89%
FROG	D	-0.81%
BLKB	C	-0.78%
BOX	D	-0.71%
NCNO	C	-0.66%
ZETA	A	-0.62%
DOCN	D	-0.59%
TDC	F	-0.59%
RNG	C	-0.52%
JAMF	C	-0.5%
INTA	C	-0.45%
APPN	F	-0.44%
NABL	D	-0.43%
VNET	C	-0.39%
SWI	C	-0.36%
PDFS	C	-0.34%
EVBG	D	-0.27%
FSLY	F	-0.21%
GDYN	F	-0.15%
UIS	D	-0.07%
BLZE	F	-0.07%
RXT	C	-0.07%
DOMO	F	-0.05%
EGHT	D	-0.05%