IVES vs. FFLG ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to Fidelity Fundamental Large Cap Growth ETF (FFLG)
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
$44.59
Average Daily Volume
8,133
46
FFLG
Fidelity Fundamental Large Cap Growth ETF
FFLG Description
FFLG seeks to achieve long-term capital growth by investing in large-cap companies believed to have above-average growth potential. The adviser generally defines large-caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Growth is measured based on factors such as earnings or revenue. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund invests in both US and non-US companies. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity Growth Opportunities ETF under the ticker FGRO. The fund previously used a semitransparent ETF structureGrade (RS Rating)
Last Trade
$21.61
Average Daily Volume
63,304
100
Performance
| Period | IVES | FFLG |
|---|---|---|
| 30 Days | -3.53% | -1.02% |
| 60 Days | -5.83% | 0.37% |
| 90 Days | 5.29% | 5.78% |
| 12 Months | 46.21% | 50.07% |
IVES Overweight 42 Positions Relative to FFLG
| Symbol | Grade | Weight | |
|---|---|---|---|
| OTEX | F | 4.4% | |
| MSTR | D | 3.68% | |
| ESTC | C | 3.65% | |
| NTAP | C | 3.33% | |
| IOT | B | 2.98% | |
| NTNX | C | 2.79% | |
| NET | F | 2.64% | |
| SMCI | D | 2.59% | |
| OKTA | D | 2.59% | |
| GDS | C | 1.86% | |
| INFA | D | 1.78% | |
| CFLT | D | 1.7% | |
| GTLB | F | 1.66% | |
| DBX | F | 1.56% | |
| APPF | C | 1.46% | |
| HCP | B | 1.16% | |
| SMAR | D | 0.99% | |
| KC | C | 0.92% | |
| KD | D | 0.88% | |
| CVLT | A | 0.8% | |
| FROG | D | 0.8% | |
| BLKB | B | 0.79% | |
| BOX | F | 0.74% | |
| TDC | F | 0.68% | |
| NCNO | D | 0.64% | |
| DOCN | D | 0.57% | |
| RNG | D | 0.53% | |
| APPN | F | 0.51% | |
| ZETA | A | 0.5% | |
| JAMF | B | 0.47% | |
| NABL | D | 0.43% | |
| PDFS | D | 0.36% | |
| SWI | B | 0.35% | |
| VNET | D | 0.32% | |
| FSLY | F | 0.32% | |
| EVBG | B | 0.27% | |
| GDYN | D | 0.15% | |
| BLZE | D | 0.07% | |
| RXT | C | 0.07% | |
| UIS | C | 0.07% | |
| EGHT | F | 0.06% | |
| DOMO | F | 0.05% |
IVES Underweight 96 Positions Relative to FFLG
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | C | -10.56% | |
| NVDA | C | -7.82% | |
| META | D | -5.36% | |
| AMZN | A | -5.21% | |
| GOOG | A | -4.66% | |
| UBER | D | -3.45% | |
| TMUS | A | -2.86% | |
| GOOGL | A | -2.8% | |
| ROKU | F | -2.65% | |
| AAPL | C | -2.2% | |
| UNH | C | -2.14% | |
| AMD | D | -1.93% | |
| ON | F | -1.9% | |
| BSX | A | -1.88% | |
| SQ | D | -1.85% | |
| FLEX | D | -1.84% | |
| NXPI | A | -1.81% | |
| SE | B | -1.73% | |
| V | D | -1.57% | |
| GPN | F | -1.32% | |
| LLY | D | -1.25% | |
| VRT | A | -1.2% | |
| LPLA | A | -1.04% | |
| ADBE | D | -1.01% | |
| FND | D | -0.97% | |
| ORCL | D | -0.91% | |
| HUM | F | -0.89% | |
| MQ | D | -0.87% | |
| SNAP | B | -0.87% | |
| EPAM | D | -0.86% | |
| NOW | D | -0.84% | |
| MRVL | D | -0.8% | |
| CRM | D | -0.77% | |
| BA | D | -0.74% | |
| ZI | C | -0.68% | |
| DT | F | -0.67% | |
| CVNA | A | -0.66% | |
| PCG | A | -0.64% | |
| TSM | C | -0.64% | |
| MA | D | -0.59% | |
| INTU | C | -0.58% | |
| HUBS | D | -0.55% | |
| CYTK | D | -0.55% | |
| NFLX | D | -0.55% | |
| PEN | F | -0.54% | |
| DLO | F | -0.51% | |
| CNC | C | -0.5% | |
| CEG | A | -0.49% | |
| JBL | F | -0.47% | |
| AGL | F | -0.46% | |
| TMDX | A | -0.46% | |
| TMO | C | -0.42% | |
| BJ | C | -0.4% | |
| PCVX | D | -0.4% | |
| LOW | D | -0.4% | |
| DHR | C | -0.38% | |
| AMT | D | -0.38% | |
| AR | A | -0.34% | |
| LYFT | D | -0.29% | |
| MGNI | D | -0.29% | |
| GFS | D | -0.28% | |
| AMAT | C | -0.26% | |
| LITE | D | -0.26% | |
| ACVA | D | -0.25% | |
| DV | D | -0.23% | |
| ARGX | D | -0.22% | |
| OVV | B | -0.22% | |
| CLDX | C | -0.22% | |
| PANW | B | -0.19% | |
| LULU | F | -0.17% | |
| ETN | A | -0.17% | |
| COHR | D | -0.16% | |
| BE | C | -0.14% | |
| KO | A | -0.14% | |
| APO | D | -0.12% | |
| NUVL | D | -0.11% | |
| MRNA | B | -0.1% | |
| ACN | F | -0.1% | |
| NVO | D | -0.1% | |
| REGN | B | -0.1% | |
| ALNY | D | -0.1% | |
| CHTR | F | -0.09% | |
| ZNTL | F | -0.08% | |
| KROS | D | -0.07% | |
| ALXO | B | -0.06% | |
| SNOW | D | -0.06% | |
| W | C | -0.05% | |
| ANET | D | -0.05% | |
| FSLR | B | -0.05% | |
| AVGO | D | -0.04% | |
| VLTO | A | -0.04% | |
| ARM | F | -0.03% | |
| LEN | C | -0.02% | |
| TSLA | D | -0.01% | |
| ASND | D | -0.0% | |
| ALHC | B | -0.0% |
IVES: Top Represented Industries & Keywords
FFLG: Top Represented Industries & Keywords
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