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
46
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
17
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: Top Represented Industries & Keywords
ONLN: Top Represented Industries & Keywords