ULTY vs. IVES ETF Comparison

Comparison of YieldMax Ultra Option Income Strategy ETF (ULTY) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

ULTY

YieldMax Ultra Option Income Strategy ETF

ULTY Description

The fund is an actively managed exchange-traded fund that seeks current income while providing direct and/or indirect exposure to the share price of select U.S. listed securities, subject to a limit on potential investment gains. It uses both traditional and synthetic covered call strategies that are designed to produce higher income levels when the underlying securities experience more volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.01

Average Daily Volume

1,162,612

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ULTY	IVES
30 Days	11.33%	7.17%
60 Days	13.07%	5.41%
90 Days	12.01%	7.27%
12 Months		43.26%

5 Overlapping Holdings

Symbol	Grade	Weight in ULTY	Weight in IVES	Overlap
BABA	D	3.48%	1.56%	1.56%
DELL	C	3.45%	2.43%	2.43%
MDB	C	2.46%	2.5%	2.46%
NVDA	C	4.27%	2.47%	2.47%
SNOW	C	3.49%	3.15%	3.15%

ULTY Overweight 17 Positions Relative to IVES

Symbol	Grade	Weight
TQQQ	C	6.89%
TNA	B	5.84%
TSLA	B	4.96%
PLTR	B	4.65%
VST	B	4.28%
COIN	C	4.09%
MSTR	C	3.81%
SMR	B	3.78%
ZIM	C	3.76%
UPST	B	3.3%
SOXL	F	3.01%
ANF	C	2.96%
BILI	D	2.34%
HIMS	B	2.08%
CRWD	B	1.95%
DJT	C	1.23%
MARA	C	1.07%

ULTY Underweight 31 Positions Relative to IVES

Symbol	Grade	Weight
TEAM	A	-3.13%
CFLT	B	-3.13%
VRT	B	-2.83%
GTLB	B	-2.72%
MRVL	B	-2.67%
DDOG	A	-2.47%
APPN	B	-2.4%
CDNS	B	-2.4%
ORCL	B	-2.37%
SNPS	B	-2.35%
INTC	D	-2.28%
AMZN	C	-2.24%
HPQ	B	-2.22%
HPE	B	-2.22%
NTAP	C	-2.16%
CIEN	B	-2.15%
ANET	C	-2.15%
MU	D	-2.12%
AAPL	C	-2.12%
GOOGL	C	-2.11%
HCP	B	-2.1%
MSFT	F	-2.09%
WDC	D	-2.09%
IBM	C	-2.07%
AVGO	D	-1.95%
QCOM	F	-1.94%
JNPR	F	-1.92%
DOCN	D	-1.91%
AMD	F	-1.69%
SMCI	F	-1.52%
MPWR	F	-1.29%