IVES vs. ROBT ETF Comparison
Comparison of Wedbush ETFMG Global Cloud Technology ETF (IVES) to First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
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
$49.21
Average Daily Volume
1,131
36
ROBT
First Trust Nasdaq Artificial Intelligence and Robotics ETF
ROBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Nasdaq CTA Artificial Intelligence and Robotics IndexSM (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies engaged in the artificial intelligence ("AI") and robotics segments of the technology, industrial and other economic sectors. The fund is non-diversified.Grade (RS Rating)
Last Trade
$46.14
Average Daily Volume
50,616
67
Performance
| Period | IVES | ROBT |
|---|---|---|
| 30 Days | 7.17% | 5.95% |
| 60 Days | 5.41% | 8.31% |
| 90 Days | 7.27% | 6.56% |
| 12 Months | 43.26% | 11.75% |
15 Overlapping Holdings
| Symbol | Grade | Weight in IVES | Weight in ROBT | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 2.12% | 0.38% | 0.38% | |
| AMD | F | 1.8% | 0.58% | 0.58% | |
| AMZN | C | 2.4% | 0.75% | 0.75% | |
| ANET | C | 2.14% | 0.43% | 0.43% | |
| APPN | B | 2.53% | 2.0% | 2.0% | |
| BABA | D | 1.7% | 0.42% | 0.42% | |
| CDNS | B | 2.38% | 1.85% | 1.85% | |
| GOOGL | C | 2.33% | 0.68% | 0.68% | |
| IBM | C | 2.0% | 0.4% | 0.4% | |
| INTC | C | 2.29% | 0.43% | 0.43% | |
| MSFT | D | 2.18% | 0.63% | 0.63% | |
| MU | D | 2.18% | 0.65% | 0.65% | |
| NVDA | B | 2.55% | 0.76% | 0.76% | |
| QCOM | F | 2.08% | 0.57% | 0.57% | |
| SNPS | B | 2.38% | 1.74% | 1.74% |
IVES Overweight 21 Positions Relative to ROBT
IVES Underweight 52 Positions Relative to ROBT
| Symbol | Grade | Weight | |
|---|---|---|---|
| PLTR | B | -3.13% | |
| UPST | B | -2.59% | |
| PEGA | B | -2.07% | |
| NOW | A | -1.99% | |
| S | B | -1.91% | |
| AI | B | -1.9% | |
| PRO | C | -1.88% | |
| NICE | D | -1.86% | |
| ILMN | C | -1.81% | |
| META | D | -1.81% | |
| PANW | B | -1.8% | |
| ANSS | B | -1.74% | |
| AVAV | C | -1.73% | |
| DT | D | -1.72% | |
| PATH | C | -1.71% | |
| WDAY | B | -1.71% | |
| LAZR | D | -1.67% | |
| OII | B | -1.67% | |
| GNTX | C | -1.59% | |
| AMBA | B | -1.58% | |
| DDD | C | -1.0% | |
| JBT | B | -0.84% | |
| PRLB | B | -0.8% | |
| ZBRA | B | -0.72% | |
| TSM | B | -0.68% | |
| ISRG | A | -0.68% | |
| ROK | C | -0.65% | |
| CGNX | D | -0.64% | |
| ABBV | F | -0.61% | |
| TSLA | B | -0.59% | |
| NXPI | D | -0.54% | |
| CRM | B | -0.52% | |
| JD | D | -0.51% | |
| KLAC | F | -0.49% | |
| TER | F | -0.48% | |
| EMR | B | -0.47% | |
| GXO | B | -0.46% | |
| KTOS | B | -0.46% | |
| ADSK | A | -0.46% | |
| NIO | F | -0.44% | |
| OMCL | C | -0.41% | |
| SYK | B | -0.41% | |
| PTC | B | -0.41% | |
| DE | B | -0.39% | |
| MDT | D | -0.38% | |
| NOC | D | -0.38% | |
| BIDU | F | -0.38% | |
| SONY | B | -0.36% | |
| JNJ | C | -0.35% | |
| ADBE | C | -0.35% | |
| AKAM | D | -0.33% | |
| APTV | F | -0.3% |
IVES: Top Represented Industries & Keywords
ROBT: Top Represented Industries & Keywords
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