IVES vs. BUG ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to Global X Cybersecurity ETF (BUG)
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
$43.12
Average Daily Volume
9,117
46
BUG
Global X Cybersecurity ETF
BUG Description
The Global X Cybersecurity ETF (BUG) seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology, such as those whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices.Grade (RS Rating)
Last Trade
$27.54
Average Daily Volume
226,743
17
Performance
| Period | IVES | BUG |
|---|---|---|
| 30 Days | -6.20% | -7.43% |
| 60 Days | -3.32% | -10.99% |
| 90 Days | 5.70% | -7.58% |
| 12 Months | 34.86% | 20.70% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IVES | Weight in BUG | Overlap | |
|---|---|---|---|---|---|
| OKTA | D | 2.7% | 5.21% | 2.7% |
IVES Overweight 45 Positions Relative to BUG
| Symbol | Grade | Weight | |
|---|---|---|---|
| OTEX | D | 4.4% | |
| MSTR | B | 4.04% | |
| NTAP | A | 3.35% | |
| ESTC | D | 3.35% | |
| SMCI | C | 2.99% | |
| PSTG | A | 2.87% | |
| NTNX | B | 2.85% | |
| NET | D | 2.82% | |
| IOT | D | 2.77% | |
| DDOG | C | 2.73% | |
| MDB | F | 2.31% | |
| INFA | A | 2.05% | |
| CFLT | F | 1.71% | |
| GTLB | F | 1.69% | |
| GDS | F | 1.69% | |
| APPF | C | 1.52% | |
| DBX | F | 1.46% | |
| SMAR | D | 0.98% | |
| HCP | F | 0.96% | |
| KD | C | 0.93% | |
| KC | F | 0.92% | |
| FROG | D | 0.82% | |
| CVLT | C | 0.78% | |
| BLKB | A | 0.73% | |
| BOX | D | 0.73% | |
| NCNO | D | 0.72% | |
| TDC | F | 0.68% | |
| DOCN | F | 0.62% | |
| RNG | F | 0.57% | |
| APPN | D | 0.55% | |
| ZETA | A | 0.48% | |
| NABL | D | 0.43% | |
| JAMF | C | 0.43% | |
| INTA | F | 0.42% | |
| PDFS | F | 0.39% | |
| VNET | F | 0.36% | |
| SWI | C | 0.35% | |
| FSLY | F | 0.34% | |
| EVBG | A | 0.26% | |
| GDYN | F | 0.16% | |
| RXT | F | 0.07% | |
| BLZE | D | 0.07% | |
| UIS | D | 0.07% | |
| EGHT | F | 0.06% | |
| DOMO | F | 0.06% |
IVES: Top Represented Industries & Keywords
BUG: Top Represented Industries & Keywords
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