XITK vs. IVES ETF Comparison

Comparison of SPDR FactSet Innovative Technology ETF (XITK) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

XITK

SPDR FactSet Innovative Technology ETF

XITK Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. The index is designed to represent the performance of U.S.-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$141.72

Average Daily Volume

6,556

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

$45.27

Average Daily Volume

8,307

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XITK	IVES
30 Days	-5.09%	-3.30%
60 Days	-5.42%	-1.96%
90 Days	-4.18%	7.25%
12 Months	29.31%	46.89%

17 Overlapping Holdings

Symbol	Grade	Weight in XITK	Weight in IVES	Overlap
APPN	D	0.97%	0.51%	0.51%
DDOG	A	1.08%	2.87%	1.08%
DOCN	D	1.05%	0.57%	0.57%
FSLY	F	0.73%	0.32%	0.32%
GTLB	D	0.9%	1.66%	0.9%
HCP	A	1.19%	1.16%	1.16%
INTA	F	0.86%	0.43%	0.43%
IOT	B	0.94%	2.98%	0.94%
JAMF	B	1.13%	0.47%	0.47%
KD	D	1.09%	0.88%	0.88%
MDB	D	0.91%	2.45%	0.91%
NCNO	F	1.02%	0.64%	0.64%
OKTA	D	1.3%	2.59%	1.3%
PDFS	D	0.93%	0.36%	0.36%
SMAR	D	0.86%	0.99%	0.86%
SMCI	D	2.64%	2.59%	2.59%
TDC	D	0.85%	0.68%	0.68%

XITK Overweight 81 Positions Relative to IVES

Symbol	Grade	Weight
APP	A	1.84%
NVDA	B	1.66%
PI	A	1.47%
META	D	1.45%
TOST	B	1.45%
SPOT	B	1.4%
QTWO	A	1.37%
PUBM	A	1.31%
ONTO	B	1.24%
FTNT	D	1.23%
NFLX	D	1.23%
KLAC	B	1.21%
CRWD	C	1.21%
CYBR	C	1.18%
AMD	D	1.16%
ALIT	C	1.16%
VEEV	D	1.15%
ARLO	B	1.14%
DOCU	B	1.13%
PEGA	C	1.12%
SEIC	C	1.12%
ASGN	C	1.11%
TTD	B	1.11%
TENB	C	1.1%
DAKT	B	1.09%
CHKP	D	1.09%
MPWR	C	1.08%
SSNC	C	1.08%
MNDY	D	1.05%
MGNI	D	1.04%
PAR	B	1.04%
SQ	C	1.04%
MXL	B	1.03%
DOX	F	1.02%
VRNS	C	1.02%
DOCS	F	1.02%
ZI	D	1.01%
AGYS	A	1.0%
CTSH	F	0.98%
DUOL	B	0.97%
RAMP	D	0.96%
PINS	D	0.95%
AEIS	D	0.95%
EPAM	F	0.94%
G	F	0.93%
EA	D	0.93%
SPSC	B	0.92%
Z	D	0.92%
PRO	D	0.91%
CLVT	D	0.9%
QLYS	B	0.9%
GFS	D	0.89%
DV	D	0.89%
CWAN	F	0.87%
S	D	0.86%
ZS	D	0.86%
RBLX	D	0.86%
DT	D	0.85%
TWLO	D	0.84%
OLO	F	0.83%
GLOB	D	0.81%
UPWK	D	0.8%
RPD	D	0.79%
LSPD	D	0.78%
PATH	D	0.77%
ZIP	F	0.77%
BRZE	D	0.74%
FVRR	D	0.73%
RIOT	F	0.72%
ASAN	D	0.72%
U	F	0.71%
CALX	F	0.71%
PRFT	F	0.7%
IAS	F	0.66%
SITM	D	0.65%
OPEN	F	0.6%
UPST	F	0.6%
CNXC	F	0.59%
ROKU	F	0.57%
APPS	F	0.3%
YNDX	C	0.0%

XITK Underweight 29 Positions Relative to IVES

Symbol	Grade	Weight
OTEX	D	-4.4%
MSTR	D	-3.68%
ESTC	D	-3.65%
NTAP	A	-3.33%
PSTG	A	-2.85%
NTNX	B	-2.79%
NET	D	-2.64%
GDS	D	-1.86%
INFA	D	-1.78%
CFLT	D	-1.7%
DBX	D	-1.56%
APPF	B	-1.46%
KC	D	-0.92%
CVLT	B	-0.8%
FROG	C	-0.8%
BLKB	B	-0.79%
BOX	F	-0.74%
RNG	D	-0.53%
ZETA	A	-0.5%
NABL	D	-0.43%
SWI	B	-0.35%
VNET	D	-0.32%
EVBG	B	-0.27%
GDYN	F	-0.15%
BLZE	D	-0.07%
RXT	F	-0.07%
UIS	B	-0.07%
EGHT	F	-0.06%
DOMO	F	-0.05%

XITK: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Business Services Electronic Components Real Estate Services Semiconductor Equipment & Materials Advertising Agencies Asset Management Capital Markets Communication Equipment Computer Hardware Computer Systems Conglomerates Credit Services Data Storage Electronic Gaming & Multimedia Electronic Gaming & Multimedia