IGV vs. IVES ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.51

Average Daily Volume

3,153,824

Number of Holdings ^*

114

* 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

$44.53

Average Daily Volume

8,307

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGV	IVES
30 Days	-5.05%	-3.30%
60 Days	-5.94%	-1.96%
90 Days	-5.81%	7.25%
12 Months	36.54%	46.89%

25 Overlapping Holdings

Symbol	Grade	Weight in IGV	Weight in IVES	Overlap
APPF	B	0.2%	1.46%	0.2%
APPN	D	0.07%	0.51%	0.07%
BLKB	B	0.15%	0.79%	0.15%
BOX	F	0.18%	0.74%	0.18%
CFLT	D	0.27%	1.7%	0.27%
CVLT	B	0.19%	0.8%	0.19%
DBX	D	0.27%	1.56%	0.27%
DDOG	A	1.66%	2.87%	1.66%
ESTC	D	0.36%	3.65%	0.36%
EVBG	B	0.07%	0.27%	0.07%
GTLB	D	0.21%	1.66%	0.21%
HCP	A	0.13%	1.16%	0.13%
INTA	F	0.06%	0.43%	0.06%
IOT	B	0.24%	2.98%	0.24%
JAMF	B	0.04%	0.47%	0.04%
MSTR	D	0.8%	3.68%	0.8%
NABL	D	0.04%	0.43%	0.04%
NCNO	F	0.08%	0.64%	0.08%
NTNX	B	0.65%	2.79%	0.65%
OTEX	D	0.44%	4.4%	0.44%
RNG	D	0.11%	0.53%	0.11%
SMAR	D	0.23%	0.99%	0.23%
SWI	B	0.03%	0.35%	0.03%
TDC	D	0.16%	0.68%	0.16%
ZETA	A	0.08%	0.5%	0.08%

IGV Overweight 89 Positions Relative to IVES

Symbol	Grade	Weight
MSFT	D	9.1%
CRM	C	8.34%
ORCL	C	8.13%
ADBE	D	7.8%
INTU	C	7.52%
NOW	D	4.85%
PANW	B	4.01%
SNPS	C	3.56%
CDNS	D	3.49%
CRWD	C	2.94%
ROP	D	2.61%
WDAY	F	2.41%
ADSK	F	2.12%
FTNT	D	1.85%
PLTR	C	1.8%
HUBS	B	1.45%
EA	D	1.42%
TEAM	F	1.38%
ANSS	C	1.28%
FICO	D	1.28%
TTWO	D	1.02%
PTC	C	0.96%
TYL	A	0.78%
ZM	D	0.7%
ZS	D	0.69%
MANH	F	0.64%
APP	A	0.56%
BSY	A	0.55%
GEN	C	0.53%
SNAP	B	0.53%
DOCU	B	0.52%
DT	D	0.5%
GWRE	C	0.4%
PATH	D	0.35%
DSGX	A	0.35%
PCOR	D	0.29%
QLYS	B	0.28%
SPSC	B	0.28%
BILL	F	0.26%
U	F	0.25%
AZPN	B	0.25%
TENB	C	0.24%
S	D	0.23%
VRNS	C	0.22%
ALTR	C	0.21%
DLB	D	0.21%
DV	D	0.19%
FIVN	D	0.19%
MARA	D	0.17%
WK	D	0.17%
ACIW	A	0.16%
CCCS	D	0.15%
ALRM	C	0.15%
ENV	A	0.15%
FRSH	D	0.14%
BL	C	0.13%
QTWO	A	0.13%
RPD	D	0.12%
CWAN	F	0.11%
PEGA	C	0.11%
IDCC	C	0.11%
SPT	D	0.11%
RAMP	D	0.1%
AUR	B	0.1%
PRGS	F	0.1%
RIOT	F	0.09%
PD	F	0.09%
AI	F	0.09%
BRZE	D	0.09%
AGYS	A	0.08%
LSPD	D	0.08%
VRNT	D	0.08%
PRO	D	0.07%
BB	C	0.07%
YOU	F	0.07%
VYX	D	0.07%
ZUO	B	0.06%
VERX	D	0.06%
CXM	D	0.06%
PWSC	F	0.05%
MODN	B	0.05%
ADEA	D	0.05%
ASAN	D	0.05%
ATEN	C	0.04%
ALKT	C	0.04%
ETWO	B	0.03%
AVPT	B	0.03%
MLNK	F	0.02%
MTTR	A	0.02%

IGV Underweight 21 Positions Relative to IVES

Symbol	Grade	Weight
NTAP	A	-3.33%
PSTG	A	-2.85%
NET	D	-2.64%
SMCI	D	-2.59%
OKTA	D	-2.59%
MDB	D	-2.45%
GDS	D	-1.86%
INFA	D	-1.78%
KC	D	-0.92%
KD	D	-0.88%
FROG	C	-0.8%
DOCN	D	-0.57%
PDFS	D	-0.36%
VNET	D	-0.32%
FSLY	F	-0.32%
GDYN	F	-0.15%
BLZE	D	-0.07%
RXT	F	-0.07%
UIS	B	-0.07%
EGHT	F	-0.06%
DOMO	F	-0.05%