IVES vs. MMSC ETF Comparison

Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to First Trust Multi-Manager Small (MMSC)
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

$44.41

Average Daily Volume

1,605

Number of Holdings *

46

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

First Trust Multi-Manager Small

MMSC Description First Trust Multi-Manager Small is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Driehaus Capital Management LLC and Stephens Investment Management Group. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of small cap companies, within the market capitalization range of the Russell 2000 Growth Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs external research to create its portfolio. First Trust Multi-Manager Small was formed on October 13, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$19.12

Average Daily Volume

7,836

Number of Holdings *

174

* may have additional holdings in another (foreign) market
Performance
Period IVES MMSC
30 Days -3.35% -2.39%
60 Days -1.35% 2.87%
90 Days -5.83% -1.77%
12 Months 29.51% 22.98%
6 Overlapping Holdings
Symbol Grade Weight in IVES Weight in MMSC Overlap
APPF B 1.56% 0.44% 0.44%
ESTC C 3.96% 0.44% 0.44%
INTA C 0.46% 0.27% 0.27%
NTNX C 2.51% 0.63% 0.63%
PSTG C 3.83% 0.45% 0.45%
SMCI C 3.05% 0.88% 0.88%
IVES Overweight 40 Positions Relative to MMSC
Symbol Grade Weight
MSTR B 4.39%
NTAP B 4.21%
OTEX D 3.59%
DDOG C 2.65%
OKTA C 2.49%
IOT D 2.43%
NET C 2.34%
GDS B 2.24%
INFA D 1.67%
CFLT F 1.64%
MDB D 1.49%
DBX D 1.36%
GTLB F 1.28%
HCP A 1.24%
KD B 1.1%
SMAR B 1.08%
CVLT A 0.98%
KC F 0.9%
BLKB D 0.78%
BOX D 0.7%
FROG C 0.68%
NCNO B 0.67%
ZETA B 0.66%
DOCN F 0.61%
TDC D 0.61%
NABL A 0.5%
RNG F 0.49%
VNET C 0.43%
PDFS B 0.37%
SWI B 0.37%
JAMF F 0.37%
APPN D 0.37%
EVBG C 0.27%
FSLY F 0.18%
GDYN C 0.14%
RXT B 0.1%
DOMO D 0.05%
EGHT F 0.05%
UIS F 0.05%
BLZE F 0.04%
IVES Underweight 168 Positions Relative to MMSC
Symbol Grade Weight
ONTO B -1.93%
BRBR C -1.89%
AXON D -1.78%
CYBR B -1.73%
TMDX B -1.4%
WING B -1.29%
CRNX D -1.2%
AVAV C -1.14%
FTI C -1.09%
NTRA B -1.02%
MEG B -1.02%
PCVX B -1.02%
MANH B -0.93%
TNDM C -0.89%
HQY B -0.86%
SGBX F -0.84%
SPSC B -0.84%
CELH F -0.83%
GKOS B -0.82%
FRPT B -0.82%
KTOS C -0.8%
BROS A -0.78%
PLMR D -0.76%
XENE F -0.74%
ENV C -0.74%
RBC C -0.74%
AZEK D -0.73%
RYAN B -0.72%
PIPR A -0.72%
ELF B -0.72%
MOD C -0.7%
HEI A -0.68%
COHR B -0.68%
MNDY C -0.67%
AAON C -0.67%
MMS B -0.67%
KNSL F -0.64%
FCN C -0.64%
HALO A -0.64%
FSS D -0.63%
GWRE A -0.62%
MGY C -0.6%
EZPW D -0.6%
APG B -0.59%
EXEL B -0.59%
VRNS C -0.59%
ACHC D -0.58%
VRT C -0.57%
TTEK B -0.56%
CRDO A -0.56%
CVNA A -0.56%
KMPR D -0.56%
ICFI C -0.55%
CW B -0.55%
TROX C -0.55%
MRUS B -0.54%
CR B -0.54%
DUOL B -0.53%
BCPC B -0.52%
TREX F -0.52%
LGND C -0.51%
SITE F -0.5%
SWN D -0.5%
SFM A -0.5%
FIX C -0.5%
BPMC B -0.5%
CNM D -0.49%
MEDP B -0.49%
AZTA C -0.49%
ICLR B -0.48%
HCI D -0.48%
UEC F -0.48%
PRO D -0.47%
BFAM C -0.47%
ECPG F -0.47%
SUPN F -0.47%
ITGR D -0.46%
TDW D -0.45%
ANF C -0.45%
WFRD C -0.45%
MTDR D -0.43%
OSCR D -0.43%
KNF C -0.43%
HUBG B -0.42%
AIT C -0.42%
TECH C -0.42%
ERJ C -0.42%
PZZA F -0.42%
SAIA B -0.42%
MTSI B -0.41%
LIVN C -0.41%
RGEN F -0.4%
VIRT C -0.4%
IRTC C -0.4%
GMED A -0.4%
NEOG C -0.39%
TENB D -0.39%
VSEC A -0.39%
STRL C -0.39%
NUVL B -0.39%
ASPN C -0.36%
VECO B -0.36%
CHEF A -0.36%
WHD B -0.35%
RVLV F -0.35%
FN B -0.35%
POWI D -0.35%
SKWD C -0.35%
GLOB C -0.34%
SMTC D -0.34%
ZWS D -0.33%
BMI C -0.33%
EVR B -0.33%
CGNX B -0.33%
AMRC C -0.33%
HSTM B -0.33%
LASR F -0.32%
PCRX D -0.32%
IBP D -0.32%
MSA C -0.32%
MOG.A C -0.31%
RPD D -0.31%
FIVE F -0.31%
LNN D -0.31%
ATI D -0.3%
ALTR B -0.3%
ASO F -0.29%
VERX B -0.29%
KRYS B -0.28%
EME B -0.28%
LSCC F -0.27%
KFY B -0.27%
SLAB F -0.27%
SKY D -0.26%
BLFS B -0.26%
MKTX F -0.26%
RMBS F -0.26%
TOST C -0.26%
QLYS D -0.25%
LOPE D -0.25%
FIVN F -0.25%
AEO C -0.23%
GTLS C -0.23%
ITCI B -0.22%
RARE F -0.22%
WAL C -0.21%
RXST D -0.21%
FWRG F -0.2%
EVER D -0.2%
TYL B -0.2%
KRNT F -0.2%
SDGR F -0.19%
DNUT F -0.18%
WIX C -0.18%
RBRK D -0.17%
ITRI C -0.17%
AMBA C -0.16%
CUBI C -0.15%
PODD B -0.14%
RYTM B -0.14%
GPOR D -0.14%
QNST D -0.13%
PSN B -0.13%
CIVI D -0.12%
MAX D -0.11%
KYMR D -0.07%
IOVA D -0.07%
INSM A -0.06%
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