XPND vs. IVES ETF Comparison

Comparison of First Trust Expanded Technology ETF (XPND) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

XPND

First Trust Expanded Technology ETF

XPND Description

The investment seeks to provide long-term capital appreciation. The fund will invest at least 80% of its net assets in the common stocks of companies identified by it?s investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as ?Expanded Technology Companies?). The fund?s investments will be concentrated (i.e., invest more than 25% of fund assets) in the industries or group of industries comprising the information technology sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.45

Average Daily Volume

2,788

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	XPND	IVES
30 Days	4.85%	7.17%
60 Days	6.75%	5.41%
90 Days	8.85%	7.27%
12 Months	36.30%	43.26%

13 Overlapping Holdings

Symbol	Grade	Weight in XPND	Weight in IVES	Overlap
AAPL	C	4.18%	2.12%	2.12%
ANET	C	2.11%	2.15%	2.11%
AVGO	D	4.19%	1.95%	1.95%
GOOGL	C	4.5%	2.11%	2.11%
HPE	B	0.25%	2.22%	0.25%
IBM	C	3.49%	2.07%	2.07%
MPWR	F	0.14%	1.29%	0.14%
MRVL	B	1.37%	2.67%	1.37%
MSFT	F	4.16%	2.09%	2.09%
NTAP	C	0.24%	2.16%	0.24%
NVDA	C	5.1%	2.47%	2.47%
ORCL	B	5.64%	2.37%	2.37%
QCOM	F	3.03%	1.94%	1.94%

XPND Overweight 37 Positions Relative to IVES

Symbol	Grade	Weight
CRM	B	5.38%
TMUS	B	4.84%
V	A	4.64%
META	D	4.53%
MA	C	4.43%
NOW	A	3.71%
ADBE	C	3.63%
INTU	C	3.21%
TXN	C	3.19%
AMAT	F	2.48%
PANW	C	2.24%
FI	A	2.21%
LRCX	F	1.6%
PYPL	B	1.53%
APH	A	1.51%
CRWD	B	1.51%
KLAC	D	1.46%
MSI	B	1.45%
WDAY	B	1.21%
ADSK	A	1.17%
CHTR	C	0.98%
APP	B	0.81%
CPAY	A	0.27%
WMG	C	0.27%
FOXA	B	0.26%
GEN	B	0.26%
TDY	B	0.25%
EA	A	0.25%
TYL	B	0.24%
MANH	D	0.24%
IT	C	0.24%
PTC	A	0.24%
OMC	C	0.23%
BSY	D	0.21%
TER	D	0.18%
SWKS	F	0.18%
CDW	F	0.18%

XPND Underweight 23 Positions Relative to IVES

Symbol	Grade	Weight
SNOW	C	-3.15%
TEAM	A	-3.13%
CFLT	B	-3.13%
VRT	B	-2.83%
GTLB	B	-2.72%
MDB	C	-2.5%
DDOG	A	-2.47%
DELL	C	-2.43%
APPN	B	-2.4%
CDNS	B	-2.4%
SNPS	B	-2.35%
INTC	D	-2.28%
AMZN	C	-2.24%
HPQ	B	-2.22%
CIEN	B	-2.15%
MU	D	-2.12%
HCP	B	-2.1%
WDC	D	-2.09%
JNPR	F	-1.92%
DOCN	D	-1.91%
AMD	F	-1.69%
BABA	D	-1.56%
SMCI	F	-1.52%