IVES

Wedbush ETFMG Global Cloud Technology ETF
*Unless otherwise stated, data provided by FactSet.

IVES Fund Description

IVES tracks an index of global equities related to cloud technology companies selected based on revenue.

IVES Factset Analytics Insight

IVES is passively managed and invests in companies that derive at least 50% of its revenue from Cloud Technology Companies. These companies include: i) providers of infrastructure, equipment, connectivity, data back-up, storage services, data center management and ii) providers of cloud-based software platforms that enable firms to become cloud-based or cloud-enabling Software-as-a-Service technologies. The fund excludes firms whose primary business is software distribution via cloud. The index uses its own weighting methodology to weight its securities based on market cap, 3-month average daily trading value, with individual securities capped at 4.5%, and country exposure capped at 50%. The index is reconstituted and rebalanced quarterly. The fund was restructured on April 7, 2020. Prior to that date, the fund name was ETFMG Drone Economy Strategy ETF, trading under the ticker IFLY and tracked the Reality Shares Drone Index.

IVES MSCI ESG Analytics Insight

Wedbush ETFMG Global Cloud Technology ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.51 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Wedbush ETFMG Global Cloud Technology ETF ranks in the 38th percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/10/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IVES 6.80% 0.96% -4.85% 34.56% 12.06% 14.02% --
IVES (NAV) 10.25% 3.27% -3.65% 34.15% 12.61% -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IVES Summary Data

ETFMG
03/08/16
Open-Ended Fund
0.68%
$54.51M
$172.24K
0.49%

IVES Portfolio Data

$9.42B
-60.06
5.87
0.25%
N/A
67

IVES Index Data

Dan Ives Global Cloud Technology Prime Index
Proprietary
Revenue
N/A

IVES Portfolio Management

0.68%
--
--
--

IVES Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

IVES Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Medium
Daily

IVES Factset Analytics Block Liquidity

As of 06/11/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IVES. IVES is rated a 1 out of 5.

IVES Tradability

3,612
$172.24K
2,633
$129.26K
0.49%
$0.24
0.01%
0.70% / -0.82%
None
72.00%
50,000
0.05
0.06%
8.78%
0
$50.24
1

IVES Sector/Industry Breakdown


IVES
Segment Benchmark
84.23%
56.01%
5.52%
14.69%
4.95%
--
0.85%
2.40%
0.76%
0.13%

IVES Top 10 Holdings[View All]

4.83%
Elastic NV 4.79%
4.74%
4.55%
NetApp, Inc. 3.51%
42.13%

IVES Countries


IVES
Segment Benchmark
55.22%
71.44%
9.12%
4.79%
7.61%
--
6.48%
6.69%
5.02%
0.12%
4.80%
0.98%
4.13%
0.59%
2.84%
0.48%
1.78%
0.71%
1.43%
0.12%

IVES Regions


IVES
Segment Benchmark
60.02%
72.42%
27.62%
19.70%
7.33%
6.98%
5.02%
0.69%
--
0.21%

IVES Economic Development


IVES
Segment Benchmark
92.39%
97.81%
7.61%
2.19%

IVES Performance Statistics

--
--
--
--
0.00%
N/A

IVES MSCI ESG Ratings

5.51 / 10
54.37
37.66
0.25%
8.83%
67.22

IVES Benchmark Comparison Holdings

67
1870
56
1.30%

IVES Benchmark Comparison Summary


IVES
Segment Benchmark
67
1870
$9.42B
$662.58B
-60.06
36.05
5.87
5.62
0.56%
0.95%
Medium
Medium

IVES Benchmark Comparison Market Cap Size


IVES
Segment Benchmark
33.77%
89.04%
54.74%
7.77%
11.03%
2.46%
0.46%
0.73%