FCTE vs. IVES ETF Comparison

Comparison of SMI 3Fourteen Full-Cycle Trend ETF (FCTE) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

FCTE

SMI 3Fourteen Full-Cycle Trend ETF

FCTE Description

The fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index ("S&P 500"). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.66

Average Daily Volume

107,803

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	FCTE	IVES
30 Days	-0.97%	7.17%
60 Days	-1.85%	5.41%
90 Days	-2.11%	7.27%
12 Months		43.26%

2 Overlapping Holdings

	Symbol	Grade	Weight in FCTE	Weight in IVES	Overlap
	GOOGL	C	5.08%	2.33%	2.33%
	NTAP	C	5.1%	2.1%	2.1%

FCTE Overweight 18 Positions Relative to IVES

Symbol	Grade	Weight
TT	A	5.41%
ROL	B	5.21%
GD	D	5.19%
RSG	A	5.15%
BRO	B	5.15%
TSCO	D	5.12%
AMAT	F	5.01%
MMM	D	4.99%
PHM	D	4.97%
META	D	4.96%
WMT	A	4.96%
RMD	C	4.95%
LRCX	F	4.94%
KLAC	F	4.82%
HCA	F	4.81%
KMB	C	4.79%
CL	D	4.73%
MTD	F	4.66%

FCTE Underweight 34 Positions Relative to IVES

Symbol	Grade	Weight
TEAM	A	-3.08%
CFLT	B	-2.89%
MRVL	B	-2.71%
GTLB	B	-2.56%
NVDA	B	-2.55%
APPN	B	-2.53%
VRT	B	-2.52%
DELL	B	-2.43%
AMZN	C	-2.4%
CDNS	B	-2.38%
SNPS	B	-2.38%
ORCL	A	-2.38%
MDB	B	-2.36%
SNOW	B	-2.35%
INTC	C	-2.29%
CIEN	C	-2.28%
HPE	B	-2.26%
HPQ	B	-2.21%
MSFT	D	-2.18%
MU	D	-2.18%
DDOG	A	-2.16%
HCP	B	-2.15%
AVGO	D	-2.14%
ANET	C	-2.14%
JNPR	D	-2.13%
AAPL	C	-2.12%
QCOM	F	-2.08%
WDC	D	-2.07%
IBM	C	-2.0%
DOCN	C	-1.92%
AMD	F	-1.8%
BABA	D	-1.7%
MPWR	F	-1.48%
SMCI	F	-1.13%