IVES vs. IDGT ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT)
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
$48.74
Average Daily Volume
1,216
46
IDGT
iShares U.S. Digital Infrastructure and Real Estate ETF
IDGT Description
The underlying index which measures the performance of stocks of U.S.-listed companies, as well as U.S.-listed ADRs of foreign companies from developed markets, involved in the ownership and management of data centers, telecommunication towers, and related equipment, as determined by S&P Dow Jones Indices LLC. The fund is non-diversified.Grade (RS Rating)
Last Trade
$78.04
Average Daily Volume
5,405
25
Performance
Period | IVES | IDGT |
---|---|---|
30 Days | 9.19% | 6.25% |
60 Days | 12.47% | 9.90% |
90 Days | 5.48% | 9.65% |
12 Months | 37.73% | 34.13% |
IVES Overweight 43 Positions Relative to IDGT
Symbol | Grade | Weight | |
---|---|---|---|
ESTC | F | 4.53% | |
OTEX | D | 4.47% | |
GDS | B | 4.03% | |
MSTR | B | 3.7% | |
IOT | B | 3.19% | |
DDOG | B | 2.89% | |
PSTG | F | 2.87% | |
NET | D | 2.74% | |
NTNX | B | 2.56% | |
MDB | F | 2.36% | |
OKTA | F | 2.3% | |
DBX | B | 1.56% | |
APPF | D | 1.54% | |
GTLB | D | 1.47% | |
SMAR | A | 1.44% | |
INFA | D | 1.36% | |
HCP | A | 1.29% | |
CVLT | B | 1.24% | |
ZETA | B | 1.23% | |
CFLT | F | 1.15% | |
VNET | B | 1.11% | |
KC | B | 1.03% | |
KD | C | 1.0% | |
BOX | C | 0.85% | |
BLKB | D | 0.79% | |
DOCN | B | 0.68% | |
NCNO | F | 0.67% | |
INTA | C | 0.66% | |
FROG | F | 0.57% | |
TDC | D | 0.54% | |
RNG | F | 0.53% | |
APPN | D | 0.46% | |
NABL | F | 0.43% | |
SWI | A | 0.4% | |
JAMF | F | 0.4% | |
PD | F | 0.31% | |
APLD | C | 0.24% | |
GDYN | B | 0.2% | |
RXT | B | 0.1% | |
UIS | B | 0.07% | |
EGHT | F | 0.05% | |
BLZE | D | 0.05% | |
DOMO | F | 0.05% |
IVES Underweight 22 Positions Relative to IDGT
Symbol | Grade | Weight | |
---|---|---|---|
EQIX | C | -9.91% | |
DLR | C | -9.85% | |
CCI | D | -9.36% | |
AMT | D | -9.22% | |
ANET | A | -4.88% | |
UNIT | B | -4.55% | |
MSI | A | -4.51% | |
JNPR | B | -4.41% | |
SBAC | C | -4.32% | |
CSCO | A | -4.12% | |
MRVL | B | -4.09% | |
QCOM | D | -3.06% | |
CIEN | B | -2.2% | |
SGH | C | -0.66% | |
ATEN | B | -0.64% | |
COMM | C | -0.47% | |
EXTR | C | -0.45% | |
CRDO | B | -0.41% | |
CALX | D | -0.26% | |
ADTN | C | -0.21% | |
CLFD | D | -0.19% | |
INFN | B | -0.13% |
IVES: Top Represented Industries & Keywords
IDGT: Top Represented Industries & Keywords