PTF vs. IVES ETF Comparison
Comparison of PowerShares Dynamic Technology (PTF) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
PTF
PowerShares Dynamic Technology
PTF Description
The PowerShares Dynamic Technology Sector Portfolio (Fund) is based on the Dynamic Technology Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of stocks of 60 US technology companies. These companies are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$53.39
Average Daily Volume
26,155
38
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
$44.12
Average Daily Volume
9,034
46
Performance
Period | PTF | IVES |
---|---|---|
30 Days | -7.03% | -5.90% |
60 Days | 0.09% | 0.14% |
90 Days | 4.91% | 6.61% |
12 Months | 28.61% | 41.64% |
PTF Overweight 32 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
NVDA | B | 4.78% | |
CDNS | D | 4.6% | |
APP | B | 4.29% | |
KLAC | D | 4.29% | |
AVGO | D | 4.25% | |
DELL | A | 4.22% | |
ANET | D | 3.83% | |
FICO | C | 3.73% | |
SNPS | D | 3.39% | |
MSFT | D | 3.37% | |
IT | D | 3.17% | |
PLTR | D | 3.06% | |
CRWD | D | 2.86% | |
LRCX | D | 2.7% | |
AMD | D | 2.46% | |
HUBS | A | 2.46% | |
ONTO | D | 2.43% | |
MANH | D | 2.26% | |
PI | A | 2.22% | |
ENTG | D | 2.22% | |
TTD | D | 2.18% | |
SOUN | D | 2.17% | |
MPWR | D | 2.16% | |
CRDO | F | 1.79% | |
VRNS | C | 1.51% | |
IDCC | C | 1.49% | |
ALTR | C | 1.47% | |
CDLX | B | 1.33% | |
VERX | B | 1.29% | |
ALKT | B | 1.19% | |
PUBM | A | 1.14% | |
BASE | D | 1.07% |
PTF Underweight 40 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
OTEX | D | -4.28% | |
MSTR | B | -3.7% | |
NTAP | B | -3.47% | |
SMCI | D | -3.4% | |
ESTC | C | -3.4% | |
DDOG | B | -2.91% | |
MDB | D | -2.35% | |
INFA | B | -1.98% | |
CFLT | D | -1.71% | |
GTLB | C | -1.61% | |
GDS | F | -1.6% | |
DBX | D | -1.51% | |
SMAR | D | -0.95% | |
HCP | B | -0.89% | |
KD | C | -0.87% | |
KC | F | -0.83% | |
CVLT | B | -0.8% | |
BLKB | A | -0.8% | |
FROG | C | -0.76% | |
BOX | C | -0.72% | |
TDC | F | -0.68% | |
NCNO | F | -0.65% | |
DOCN | F | -0.58% | |
RNG | F | -0.54% | |
APPN | B | -0.51% | |
ZETA | A | -0.49% | |
JAMF | B | -0.44% | |
NABL | F | -0.43% | |
INTA | F | -0.43% | |
PDFS | F | -0.36% | |
SWI | C | -0.34% | |
FSLY | F | -0.32% | |
VNET | F | -0.3% | |
EVBG | A | -0.28% | |
GDYN | F | -0.15% | |
RXT | D | -0.07% | |
BLZE | D | -0.07% | |
UIS | D | -0.07% | |
DOMO | F | -0.06% | |
EGHT | F | -0.05% |
PTF: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords