XSW vs. IVES ETF Comparison

Comparison of SPDR S&P Software & Services ETF (XSW) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$148.54

Average Daily Volume

14,527

Number of Holdings ^*

126

* 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

$45.01

Average Daily Volume

8,350

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XSW	IVES
30 Days	-4.17%	-4.53%
60 Days	-3.65%	0.55%
90 Days	-0.78%	8.96%
12 Months	27.08%	45.45%

29 Overlapping Holdings

Symbol	Grade	Weight in XSW	Weight in IVES	Overlap
APPF	B	0.76%	1.47%	0.76%
APPN	C	0.78%	0.51%	0.51%
BLKB	B	0.86%	0.8%	0.8%
BOX	D	0.73%	0.72%	0.72%
CFLT	C	0.69%	1.71%	0.69%
CVLT	B	0.78%	0.8%	0.78%
DBX	C	0.77%	1.51%	0.77%
DDOG	B	0.84%	2.91%	0.84%
EGHT	F	0.59%	0.05%	0.05%
ESTC	B	0.74%	3.4%	0.74%
EVBG	B	0.82%	0.28%	0.28%
GDYN	F	0.59%	0.15%	0.15%
GTLB	C	0.75%	1.61%	0.75%
HCP	A	0.73%	0.89%	0.73%
INFA	D	0.9%	1.98%	0.9%
INTA	D	0.71%	0.43%	0.43%
IOT	B	0.65%	2.7%	0.65%
JAMF	A	0.85%	0.44%	0.44%
KD	D	0.74%	0.87%	0.74%
MSTR	D	0.69%	3.7%	0.69%
NABL	D	0.75%	0.43%	0.43%
NCNO	F	0.83%	0.65%	0.65%
NTNX	C	0.74%	2.9%	0.74%
PDFS	D	0.69%	0.36%	0.36%
RNG	D	0.66%	0.54%	0.54%
SMAR	D	0.74%	0.95%	0.74%
SWI	C	0.73%	0.34%	0.34%
TDC	D	0.79%	0.68%	0.68%
ZETA	A	0.94%	0.49%	0.49%

XSW Overweight 97 Positions Relative to IVES

Symbol	Grade	Weight
AUR	B	1.05%
MODN	B	0.97%
ENV	A	0.94%
APP	A	0.89%
HUBS	B	0.88%
AGYS	A	0.87%
MITK	B	0.86%
BSY	A	0.86%
ORCL	C	0.84%
ALKT	B	0.83%
QTWO	A	0.83%
DOCU	A	0.83%
PANW	B	0.82%
ZUO	A	0.82%
VERX	B	0.81%
DT	D	0.81%
MSFT	D	0.81%
TTWO	D	0.8%
ALTR	C	0.8%
ACIW	A	0.8%
FIVN	D	0.8%
CWAN	F	0.79%
ROP	D	0.79%
NOW	D	0.79%
QLYS	A	0.79%
WDAY	F	0.79%
ANSS	C	0.79%
IT	D	0.79%
TENB	C	0.78%
FRSH	D	0.78%
PTC	C	0.78%
ATEN	B	0.78%
TYL	A	0.78%
PLTK	D	0.78%
DXC	F	0.77%
VRNT	B	0.77%
DV	D	0.77%
DLB	D	0.77%
IBM	D	0.76%
CDNS	D	0.76%
TEAM	F	0.76%
EA	D	0.76%
PRGS	F	0.76%
PRO	D	0.76%
INTU	C	0.76%
CRWD	C	0.75%
ETWO	B	0.75%
GWRE	C	0.75%
RAMP	D	0.75%
PEGA	C	0.74%
INST	F	0.74%
YEXT	F	0.74%
IDCC	C	0.74%
SNPS	C	0.74%
PCOR	D	0.74%
WK	D	0.74%
BILL	F	0.73%
RBLX	D	0.73%
ZM	D	0.73%
CRM	D	0.73%
FICO	D	0.73%
MANH	F	0.73%
FTNT	D	0.73%
YOU	F	0.73%
SPT	F	0.73%
SPSC	C	0.72%
BL	C	0.71%
U	F	0.71%
VRNS	C	0.71%
ZS	D	0.71%
CTSH	D	0.71%
IBUY	C	0.7%
ADBE	D	0.7%
ALRM	C	0.7%
OLO	D	0.69%
CXM	D	0.69%
ACN	F	0.68%
PWSC	F	0.68%
ADSK	F	0.68%
RPD	D	0.67%
CLSK	B	0.66%
PATH	D	0.66%
PLTR	C	0.66%
EPAM	F	0.65%
S	C	0.61%
CRNC	F	0.6%
BRZE	D	0.6%
ASAN	D	0.59%
PRFT	F	0.56%
RIOT	D	0.55%
AI	F	0.54%
OSPN	B	0.54%
DMRC	F	0.53%
SOUN	D	0.53%
MARA	D	0.52%
HCKT	D	0.39%
AMSWA	F	0.36%

XSW Underweight 17 Positions Relative to IVES

Symbol	Grade	Weight
OTEX	D	-4.28%
NTAP	A	-3.47%
SMCI	C	-3.4%
PSTG	A	-3.05%
NET	C	-2.78%
OKTA	D	-2.67%
MDB	C	-2.35%
GDS	D	-1.6%
KC	D	-0.83%
FROG	C	-0.76%
DOCN	C	-0.58%
FSLY	D	-0.32%
VNET	F	-0.3%
RXT	D	-0.07%
BLZE	C	-0.07%
UIS	B	-0.07%
DOMO	F	-0.06%