IVES vs. QQQN ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to VictoryShares Nasdaq Next 50 ETF (QQQN)
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
$45.16
Average Daily Volume
8,105
46
QQQN
VictoryShares Nasdaq Next 50 ETF
QQQN Description
The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.Grade (RS Rating)
Last Trade
$28.41
Average Daily Volume
32,558
47
Performance
| Period | IVES | QQQN |
|---|---|---|
| 30 Days | -1.91% | -2.14% |
| 60 Days | -4.53% | -4.25% |
| 90 Days | 6.42% | 3.89% |
| 12 Months | 45.15% | 15.39% |
IVES Overweight 42 Positions Relative to QQQN
| Symbol | Grade | Weight | |
|---|---|---|---|
| OTEX | F | 4.36% | |
| ESTC | B | 3.75% | |
| IOT | B | 3.05% | |
| MSTR | D | 3.01% | |
| DDOG | B | 2.88% | |
| PSTG | C | 2.85% | |
| NET | F | 2.67% | |
| MDB | F | 2.49% | |
| GDS | C | 2.18% | |
| INFA | D | 1.73% | |
| CFLT | D | 1.68% | |
| GTLB | D | 1.58% | |
| APPF | B | 1.57% | |
| DBX | F | 1.54% | |
| HCP | B | 1.21% | |
| SMAR | D | 1.0% | |
| KC | C | 1.0% | |
| KD | D | 0.87% | |
| CVLT | A | 0.85% | |
| FROG | D | 0.8% | |
| BLKB | B | 0.77% | |
| BOX | F | 0.72% | |
| TDC | D | 0.69% | |
| NCNO | D | 0.65% | |
| DOCN | D | 0.61% | |
| RNG | F | 0.53% | |
| ZETA | A | 0.52% | |
| APPN | F | 0.51% | |
| JAMF | B | 0.47% | |
| INTA | F | 0.43% | |
| NABL | D | 0.43% | |
| VNET | C | 0.35% | |
| SWI | B | 0.35% | |
| PDFS | F | 0.35% | |
| FSLY | F | 0.33% | |
| EVBG | B | 0.27% | |
| GDYN | F | 0.14% | |
| BLZE | D | 0.07% | |
| UIS | B | 0.07% | |
| RXT | C | 0.07% | |
| EGHT | F | 0.05% | |
| DOMO | F | 0.05% |
IVES Underweight 43 Positions Relative to QQQN
| Symbol | Grade | Weight | |
|---|---|---|---|
| MPWR | C | -3.73% | |
| TSCO | B | -3.35% | |
| EBAY | C | -3.05% | |
| ICLR | D | -2.88% | |
| WDC | B | -2.64% | |
| ALGN | F | -2.63% | |
| AXON | A | -2.63% | |
| PTC | D | -2.45% | |
| STLD | D | -2.4% | |
| DKNG | C | -2.31% | |
| ENTG | D | -2.26% | |
| ULTA | F | -2.24% | |
| FSLR | B | -2.16% | |
| ALNY | D | -2.05% | |
| STX | C | -2.04% | |
| HOLX | C | -2.02% | |
| VRSN | F | -2.01% | |
| EXPE | F | -2.01% | |
| CHKP | D | -2.0% | |
| TER | A | -1.98% | |
| UAL | B | -1.96% | |
| JBHT | F | -1.9% | |
| SWKS | F | -1.89% | |
| ZM | F | -1.81% | |
| AKAM | F | -1.75% | |
| BSY | B | -1.75% | |
| BMRN | F | -1.73% | |
| SSNC | C | -1.72% | |
| ENPH | F | -1.72% | |
| NDSN | C | -1.69% | |
| POOL | D | -1.61% | |
| VTRS | D | -1.56% | |
| BIDU | C | -1.54% | |
| SNY | C | -1.53% | |
| NBIX | B | -1.53% | |
| MANH | D | -1.46% | |
| PODD | C | -1.32% | |
| INCY | D | -1.31% | |
| NWSA | D | -1.04% | |
| RIVN | F | -0.99% | |
| FOXA | B | -0.85% | |
| FOX | B | -0.77% | |
| NWS | D | -0.54% |
IVES: Top Represented Industries & Keywords
QQQN: Top Represented Industries & Keywords
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