IVES vs. ECNS ETF Comparison

Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to iShares MSCI China Small-Cap ETF (ECNS)
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

$43.88

Average Daily Volume

8,195

Number of Holdings *

46

* may have additional holdings in another (foreign) market
ECNS

iShares MSCI China Small-Cap ETF

ECNS Description The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Small Cap Index. The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of the Chinese equity securities markets, as represented by the H-Shares and B-Shares markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.67

Average Daily Volume

15,536

Number of Holdings *

18

* may have additional holdings in another (foreign) market
Performance
Period IVES ECNS
30 Days -6.30% 1.98%
60 Days -6.03% 3.05%
90 Days 4.62% 14.58%
12 Months 46.05% -19.63%
2 Overlapping Holdings
Symbol Grade Weight in IVES Weight in ECNS Overlap
GDS B 1.86% 0.85% 0.85%
VNET D 0.32% 0.15% 0.15%
IVES Overweight 44 Positions Relative to ECNS
Symbol Grade Weight
OTEX F 4.4%
MSTR D 3.68%
ESTC B 3.65%
NTAP B 3.33%
IOT B 2.98%
DDOG A 2.87%
PSTG B 2.85%
NTNX C 2.79%
NET C 2.64%
SMCI D 2.59%
OKTA C 2.59%
MDB D 2.45%
INFA D 1.78%
CFLT F 1.7%
GTLB F 1.66%
DBX F 1.56%
APPF B 1.46%
HCP A 1.16%
SMAR D 0.99%
KC D 0.92%
KD C 0.88%
CVLT A 0.8%
FROG C 0.8%
BLKB B 0.79%
BOX D 0.74%
TDC D 0.68%
NCNO D 0.64%
DOCN C 0.57%
RNG D 0.53%
APPN C 0.51%
ZETA A 0.5%
JAMF A 0.47%
NABL D 0.43%
INTA F 0.43%
PDFS F 0.36%
SWI D 0.35%
FSLY D 0.32%
EVBG A 0.27%
GDYN F 0.15%
BLZE C 0.07%
RXT D 0.07%
UIS B 0.07%
EGHT F 0.06%
DOMO F 0.05%
IVES Underweight 16 Positions Relative to ECNS
Symbol Grade Weight
YY D -1.26%
DQ F -1.07%
RLX B -1.05%
JKS D -0.99%
LU B -0.89%
MOMO C -0.81%
WB B -0.67%
FINV B -0.65%
NOAH B -0.48%
HUYA A -0.39%
TUYA D -0.39%
TIGR D -0.29%
ZH D -0.2%
CAN F -0.15%
DADA F -0.13%
TME A -0.0%
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