IVES vs. CARZ ETF Comparison

Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to First Trust NASDAQ Global Auto Index Fund (CARZ)

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

CARZ

First Trust NASDAQ Global Auto Index Fund

CARZ Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX Global Auto Index(SM). The index is owned and was developed by The NASDAQ OMX Group, Inc. (the "Index Provider"). The index Provider has contracted with Standard & Poor's to calculate and maintain the index. The index is designed to track the performance of the largest and most liquid companies engaged in manufacturing of automobiles. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.95

Average Daily Volume

2,228

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IVES	CARZ
30 Days	7.17%	0.92%
60 Days	5.41%	3.59%
90 Days	7.27%	2.65%
12 Months	43.26%	11.11%

9 Overlapping Holdings

Symbol	Grade	Weight in IVES	Weight in CARZ	Overlap
AAPL	C	2.12%	4.56%	2.12%
AMD	F	1.8%	3.87%	1.8%
GOOGL	C	2.33%	4.96%	2.33%
INTC	D	2.29%	1.84%	1.84%
MRVL	B	2.71%	1.33%	1.33%
MSFT	F	2.18%	4.7%	2.18%
MU	D	2.18%	1.88%	1.88%
NVDA	C	2.55%	4.98%	2.55%
QCOM	F	2.08%	3.14%	2.08%

IVES Overweight 27 Positions Relative to CARZ

Symbol	Grade	Weight
TEAM	A	3.08%
CFLT	B	2.89%
GTLB	B	2.56%
APPN	B	2.53%
VRT	B	2.52%
DELL	C	2.43%
AMZN	C	2.4%
CDNS	B	2.38%
SNPS	B	2.38%
ORCL	B	2.38%
MDB	C	2.36%
SNOW	C	2.35%
CIEN	B	2.28%
HPE	B	2.26%
HPQ	B	2.21%
DDOG	A	2.16%
HCP	B	2.15%
AVGO	D	2.14%
ANET	C	2.14%
JNPR	F	2.13%
NTAP	C	2.1%
WDC	D	2.07%
IBM	C	2.0%
DOCN	D	1.92%
BABA	D	1.7%
MPWR	F	1.48%
SMCI	F	1.13%

IVES Underweight 43 Positions Relative to CARZ

Symbol	Grade	Weight
TSLA	B	-5.97%
TSM	B	-4.64%
TXN	C	-3.23%
TM	D	-2.73%
ADI	D	-1.81%
GM	B	-1.11%
PCAR	B	-1.02%
NXPI	D	-0.98%
CMI	A	-0.84%
F	C	-0.74%
RMBS	C	-0.64%
INDI	C	-0.62%
MCHP	D	-0.59%
HMC	F	-0.58%
SITM	B	-0.57%
MXL	C	-0.56%
SYNA	C	-0.53%
AMBA	B	-0.51%
XPEV	C	-0.51%
PLUG	F	-0.51%
RIVN	F	-0.51%
STLA	F	-0.51%
LSCC	D	-0.5%
BWA	D	-0.5%
ALB	C	-0.5%
ON	D	-0.49%
ALGM	D	-0.49%
STM	F	-0.48%
SLAB	D	-0.48%
AUR	C	-0.48%
ST	F	-0.47%
LEA	D	-0.46%
SQM	F	-0.44%
SWKS	F	-0.44%
CRUS	D	-0.43%
CHPT	F	-0.43%
BIDU	F	-0.42%
PSNY	F	-0.42%
LI	F	-0.42%
APTV	D	-0.39%
NIO	F	-0.36%
QRVO	F	-0.33%
LCID	F	-0.32%