IVES vs. LOUP ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to Innovator Loup Frontier Tech ETF (LOUP)
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
36
LOUP
Innovator Loup Frontier Tech ETF
LOUP Description
The Innovator Loup Frontier Tech ETF seeks to provide exposure to the investment results of the Loup Frontier Tech Index, which tracks the performance of companies that influence the future of technology including, but not limited to, artificial intelligence (AI), computer perception, robotics, autonomous vehicles, virtual reality, and mixed/augmented reality.Grade (RS Rating)
Last Trade
$56.24
Average Daily Volume
3,954
22
Performance
Period | IVES | LOUP |
---|---|---|
30 Days | 7.17% | 13.61% |
60 Days | 5.41% | 19.46% |
90 Days | 7.27% | 20.92% |
12 Months | 43.26% | 40.83% |
IVES Overweight 28 Positions Relative to LOUP
Symbol | Grade | Weight | |
---|---|---|---|
SNOW | C | 3.15% | |
TEAM | A | 3.13% | |
GTLB | B | 2.72% | |
DDOG | A | 2.47% | |
NVDA | C | 2.47% | |
DELL | C | 2.43% | |
APPN | B | 2.4% | |
CDNS | B | 2.4% | |
ORCL | B | 2.37% | |
INTC | D | 2.28% | |
AMZN | C | 2.24% | |
HPQ | B | 2.22% | |
HPE | B | 2.22% | |
NTAP | C | 2.16% | |
AAPL | C | 2.12% | |
GOOGL | C | 2.11% | |
HCP | B | 2.1% | |
MSFT | F | 2.09% | |
WDC | D | 2.09% | |
IBM | C | 2.07% | |
AVGO | D | 1.95% | |
QCOM | F | 1.94% | |
JNPR | F | 1.92% | |
DOCN | D | 1.91% | |
AMD | F | 1.69% | |
BABA | D | 1.56% | |
SMCI | F | 1.52% | |
MPWR | F | 1.29% |
IVES: Top Represented Industries & Keywords
LOUP: Top Represented Industries & Keywords