IVES vs. ONLN ETF Comparison

Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to ProShares Online Retail ETF (ONLN)
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

$43.12

Average Daily Volume

9,117

Number of Holdings *

46

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

ProShares Online Retail ETF

ONLN Description The investment seeks investment results, before fees and expenses, that track the performance of the ProShares Online Retail Index (the index). The fund seeks to invest substantially all of its assets in the stocks that make up the index and generally holds each stock in approximately the same proportion as its weighting in the index. Normally, it will invest at least 80% of its assets in the component securities of the index. The index is designed to measure the performance of publicly traded companies that principally sell online or through other non-store sales channels, rather than through "brick and mortar" store locations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.33

Average Daily Volume

16,343

Number of Holdings *

17

* may have additional holdings in another (foreign) market
Performance
Period IVES ONLN
30 Days -6.20% -3.18%
60 Days -3.32% 4.45%
90 Days 5.70% 10.64%
12 Months 34.86% 24.72%
0 Overlapping Holdings
Symbol Grade Weight in IVES Weight in ONLN Overlap
IVES Overweight 46 Positions Relative to ONLN
Symbol Grade Weight
OTEX D 4.4%
MSTR B 4.04%
NTAP A 3.35%
ESTC D 3.35%
SMCI C 2.99%
PSTG A 2.87%
NTNX B 2.85%
NET D 2.82%
IOT D 2.77%
DDOG C 2.73%
OKTA D 2.7%
MDB F 2.31%
INFA A 2.05%
CFLT F 1.71%
GTLB F 1.69%
GDS F 1.69%
APPF C 1.52%
DBX F 1.46%
SMAR D 0.98%
HCP F 0.96%
KD C 0.93%
KC F 0.92%
FROG D 0.82%
CVLT C 0.78%
BLKB A 0.73%
BOX D 0.73%
NCNO D 0.72%
TDC F 0.68%
DOCN F 0.62%
RNG F 0.57%
APPN D 0.55%
ZETA A 0.48%
NABL D 0.43%
JAMF C 0.43%
INTA F 0.42%
PDFS F 0.39%
VNET F 0.36%
SWI C 0.35%
FSLY F 0.34%
EVBG A 0.26%
GDYN F 0.16%
RXT F 0.07%
BLZE D 0.07%
UIS D 0.07%
EGHT F 0.06%
DOMO F 0.06%
IVES Underweight 17 Positions Relative to ONLN
Symbol Grade Weight
AMZN A -24.59%
EBAY A -10.03%
PDD D -10.03%
BABA F -5.18%
CPNG A -4.84%
CHWY D -4.53%
FIGS F -4.31%
ETSY D -4.16%
WSM A -4.0%
BKE D -3.93%
W D -3.93%
CVNA B -3.84%
RVLV D -3.82%
MELI D -2.98%
JD B -2.47%
SE A -2.39%
GLBE D -1.79%
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