IVES
Wedbush ETFMG Global Cloud Technology ETF
IVES tracks an index of global equities related to cloud technology companies selected based on revenue.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.0 B
ASSETS UNDER MGMT
68 bp
EXPENSES
Fund Basics
| Inception date | Mar 08, 2016 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MICRON TECHNOLOGY INC | 7.2 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 5.7 % |
| ADVANCED MICRO DEVICES | 5.5 % |
| NVIDIA CORP | 5.0 % |
| APPLE INC | 4.9 % |
| BROADCOM INC. | 4.9 % |
| META PLATFORMS INC | 4.6 % |
| AMAZON.COM INC | 4.6 % |
| TESLA MOTORS INC | 4.6 % |
| MICROSOFT CORP | 4.6 % |
Constituent Breakdown
| Number of holdings | 30 |
| Herfindahl-Hirschman Index | 442 |
| Wgt avg mkt cap (mns) | $1,493,328 |
| Large cap (>$10bn) | 102.1% |
| Mid cap ($2-10bn) | 2.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.7% |
| Emerging mkts. | 5.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 93.5 % |
 |
TAIWAN | 5.7 % |
 |
NETHERLANDS | 3.2 % |
 |
AUSTRALIA | 2.0 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 14.0% | 28.2% | -11.7% | -1.6% | -6.7% | 3.0% | -- | 3.5% |
| Dividend Yield | 0.0% | 0.5% | 0.1% | 0.1% | 0.0% | 0.4% | -- | 0.4% |
| Total Returns | 14.0% | 28.7% | -11.6% | -1.5% | -6.6% | 3.4% | -- | 3.9% | Ann. Volatility | 30.3% | 28.1% | 37.1% | 32.7% | 32.6% | 28.2% | -- | 27.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.81 | 69% |
| MSCI EAFE | 1.04 | 34% |
| MSCI Emg Mkts | 0.84 | 53% |
Liquidity Measures
| Avg. volume (000) | 482 |
| ADV traded (mns) | $17 |
| Turnover | 1.7% |
| Avg. Bid/Ask (% of price) | 0.03% |
Technical Indicators
| 30d moving avg. (EMA) | $36.40 |
| Relative strength (RSI) | 50 |
| MACD/Signal | -0.56/-0.42 |
| Bollinger Bands (Upper/Lower) | $38.98/$34.15 |
| Short interest (% of AUM) | 0.5% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IVES |
Expenses vs. IVES |
ALTAR Score™ vs. IVES |
|---|---|---|---|---|
| PJFG | PGIM Jennison Focused Growth ETF | 50.5% | +7 bp | -2.0% |
| QTOP | iShares Nasdaq Top 30 Stocks ETF | 50.0% | -48 bp | -1.2% |
| NYSX | Global X NYSE 100 ETF | 49.8% | -59 bp | -4.9% |
| AGIX | KraneShares Artificial Intelligence and Technology ETF | 47.7% | +31 bp | -2.9% |
| USMD | CoreValues America First Technology ETF | 47.6% | +19 bp | -2.9% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 46.7% | 0 bp | -1.2% |
| IETC | iShares U.S. Tech Independence Focused ETF | 45.8% | -50 bp | -0.7% |
| XNTK | State Street SPDR NYSE Technology ETF | 45.4% | -33 bp | -1.7% |
| TECB | iShares U.S. Tech Breakthrough Multisector ETF | 45.2% | -28 bp | -1.6% |
| QQQ | Invesco QQQ Trust Series I | 44.8% | -48 bp | -0.7% |
Risk and Returns: IVES vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 8/3/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
4.9%
ALTAR SCORE™
58th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 736 funds in the Global Equity category with an average
ALTAR Score™ of 4.4% and a standard deviation
of 2.6%. IVES's ALTAR Score™ is approximately 0.2 standard
deviations above the category average. This places IVES in the 58th percentile
among funds in the category.
Sell-Side Consensus
$43.97
PRICE TARGET
+22.0%
UPSIDE