IZRL vs. IVES ETF Comparison
Comparison of ARK Israel Innovative Technology ETF (IZRL) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
IZRL
ARK Israel Innovative Technology ETF
IZRL Description
The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which is designed to track the price movements of exchange-listed Israeli companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Index includes equity securities and depositary receipts of exchange listed companies that are incorporated and/or domiciled in Israel (‘‘Israeli Companies’’) and are included in one of the following economic sectors as defined by FactSet Research Systems: (i) health technology, (ii) communications, (iii) technology services, (iv) electronic technology, (v) consumer services, or (vi) producer manufacturing.
Grade (RS Rating)
Last Trade
$19.82
Average Daily Volume
21,544
24
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
Performance
| Period | IZRL | IVES |
|---|---|---|
| 30 Days | -4.85% | -3.53% |
| 60 Days | -7.08% | -5.83% |
| 90 Days | 0.97% | 5.29% |
| 12 Months | 16.93% | 46.21% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IZRL | Weight in IVES | Overlap | |
|---|---|---|---|---|---|
| FROG | D | 2.22% | 0.8% | 0.8% |
IZRL Overweight 23 Positions Relative to IVES
| Symbol | Grade | Weight | |
|---|---|---|---|
| PLTK | C | 2.32% | |
| TEVA | A | 2.27% | |
| RSKD | B | 2.25% | |
| CLBT | D | 2.22% | |
| FVRR | F | 2.21% | |
| AUDC | D | 2.21% | |
| MGIC | B | 2.21% | |
| CGNT | D | 2.2% | |
| MNDY | D | 2.19% | |
| ITRN | D | 2.18% | |
| RDWR | F | 2.18% | |
| SPNS | B | 2.17% | |
| NNOX | D | 2.15% | |
| CYBR | D | 2.15% | |
| URGN | F | 2.15% | |
| TARO | B | 2.14% | |
| INMD | F | 2.11% | |
| WKME | D | 2.1% | |
| SSYS | F | 2.09% | |
| WIX | D | 2.07% | |
| SMWB | D | 2.07% | |
| NICE | D | 2.05% | |
| CHKP | D | 2.01% |
IZRL Underweight 45 Positions Relative to IVES
| Symbol | Grade | Weight | |
|---|---|---|---|
| OTEX | F | -4.4% | |
| 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% | |
| 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% |
IZRL: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords
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