IVES vs. PID ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to PowerShares Intl Dividend Achievers (PID)
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
$44.59
Average Daily Volume
8,133
46
PID
PowerShares Intl Dividend Achievers
PID Description
The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the NASDAQ International Dividend AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from International Dividend Achievers Index to NASDAQ International Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.Grade (RS Rating)
Last Trade
$18.18
Average Daily Volume
150,314
24
Performance
| Period | IVES | PID |
|---|---|---|
| 30 Days | -3.53% | -0.60% |
| 60 Days | -5.83% | 0.68% |
| 90 Days | 5.29% | 1.07% |
| 12 Months | 46.21% | 5.04% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IVES | Weight in PID | Overlap | |
|---|---|---|---|---|---|
| OTEX | F | 4.4% | 1.72% | 1.72% |
IVES Overweight 45 Positions Relative to PID
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSTR | D | 3.68% | |
| ESTC | C | 3.65% | |
| NTAP | C | 3.33% | |
| IOT | B | 2.98% | |
| DDOG | C | 2.87% | |
| PSTG | C | 2.85% | |
| NTNX | C | 2.79% | |
| NET | F | 2.64% | |
| SMCI | D | 2.59% | |
| OKTA | D | 2.59% | |
| MDB | F | 2.45% | |
| GDS | C | 1.86% | |
| INFA | D | 1.78% | |
| CFLT | D | 1.7% | |
| GTLB | F | 1.66% | |
| DBX | F | 1.56% | |
| APPF | C | 1.46% | |
| HCP | B | 1.16% | |
| SMAR | D | 0.99% | |
| KC | C | 0.92% | |
| KD | D | 0.88% | |
| CVLT | A | 0.8% | |
| FROG | D | 0.8% | |
| BLKB | B | 0.79% | |
| BOX | F | 0.74% | |
| TDC | F | 0.68% | |
| NCNO | D | 0.64% | |
| DOCN | D | 0.57% | |
| RNG | D | 0.53% | |
| APPN | F | 0.51% | |
| ZETA | A | 0.5% | |
| JAMF | B | 0.47% | |
| NABL | D | 0.43% | |
| INTA | F | 0.43% | |
| PDFS | D | 0.36% | |
| SWI | B | 0.35% | |
| VNET | D | 0.32% | |
| FSLY | F | 0.32% | |
| EVBG | B | 0.27% | |
| GDYN | D | 0.15% | |
| BLZE | D | 0.07% | |
| RXT | C | 0.07% | |
| UIS | C | 0.07% | |
| EGHT | F | 0.06% | |
| DOMO | F | 0.05% |
IVES Underweight 23 Positions Relative to PID
| Symbol | Grade | Weight | |
|---|---|---|---|
| AY | B | -4.69% | |
| PHI | B | -4.14% | |
| BTI | B | -3.96% | |
| NGG | B | -3.87% | |
| TD | F | -3.42% | |
| SNY | C | -3.01% | |
| GFI | B | -2.87% | |
| KOF | A | -2.48% | |
| SMFG | C | -2.35% | |
| NVS | B | -2.3% | |
| DEO | F | -1.75% | |
| MUFG | D | -1.7% | |
| PSO | C | -1.61% | |
| INFY | F | -1.31% | |
| DOX | F | -1.26% | |
| CNI | D | -1.21% | |
| RELX | B | -1.07% | |
| RBA | D | -0.97% | |
| LOGI | D | -0.86% | |
| WTW | D | -0.83% | |
| SAP | D | -0.82% | |
| NVO | D | -0.67% | |
| WCN | D | -0.46% |
IVES: Top Represented Industries & Keywords
PID: Top Represented Industries & Keywords
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