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
| ADVANCED MICRO DEVICES | 6.5 % |
| BROADCOM INC. | 5.5 % |
| AMAZON.COM INC | 5.5 % |
| ALPHABET INC. CLASS A | 5.4 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 5.0 % |
| MICRON TECHNOLOGY INC | 4.9 % |
| APPLE INC | 4.9 % |
| NVIDIA CORP | 4.8 % |
| MICROSOFT CORP | 4.5 % |
| GE VERONA | 4.2 % |
Constituent Breakdown
| Number of holdings | 31 |
| Herfindahl-Hirschman Index | 414 |
| Wgt avg mkt cap (mns) | $1,309,601 |
| Large cap (>$10bn) | 92.0% |
| Mid cap ($2-10bn) | 4.3% |
| Small cap (<$2bn) | 1.1% |
| Developed mkts. | 88.4% |
| Emerging mkts. | 10.9% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 86.9 % |
 |
TAIWAN | 5.0 % |
 |
CHINA | 3.4 % |
 |
CANADA | 3.0 % |
 |
NETHERLANDS | 2.5 % |
 |
AUSTRALIA | 1.7 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.1% | -12.6% | -13.5% | 2.2% | -7.8% | 2.3% | -- | 2.6% |
| Dividend Yield | 0.0% | 0.0% | 0.1% | 0.1% | 0.0% | 0.4% | -- | 0.4% |
| Total Returns | 4.1% | -12.6% | -13.4% | 2.3% | -7.8% | 2.7% | -- | 3.0% | Ann. Volatility | 28.8% | 42.8% | 35.7% | 31.9% | 32.1% | 27.9% | -- | 27.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.76 | 24% |
| MSCI EAFE | 0.87 | 9% |
| MSCI Emg Mkts | 0.81 | 13% |
Liquidity Measures
| Avg. volume (000) | 563 |
| ADV traded (mns) | $19 |
| Turnover | 1.9% |
| Avg. Bid/Ask (% of price) | 0.03% |
Technical Indicators
| 30d moving avg. (EMA) | $31.58 |
| Relative strength (RSI) | 60 |
| MACD/Signal | 0.93/0.83 |
| Bollinger Bands (Upper/Lower) | $35.06/$28.55 |
| 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 |
|---|---|---|---|---|
| SFYF | SoFi Social 50 ETF | 49.6% | -39 bp | -3.4% |
| NYSX | Global X NYSE 100 ETF | 49.4% | -59 bp | -4.9% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 46.7% | 0 bp | -1.3% |
| FFOG | Franklin Focused Growth ETF | 46.4% | -7 bp | -2.5% |
| QTOP | iShares Nasdaq Top 30 Stocks ETF | 46.2% | -48 bp | -1.4% |
| PJFG | PGIM Jennison Focused Growth ETF | 45.2% | +7 bp | -2.1% |
| MGK | Vanguard Mega Cap Growth ETF | 44.4% | -61 bp | -0.6% |
| XNTK | State Street SPDR NYSE Technology ETF | 44.0% | -33 bp | -1.7% |
| FDTX | Fidelity Disruptive Technology ETF | 43.9% | -18 bp | -2.3% |
| TECB | iShares U.S. Tech Breakthrough Multisector ETF | 43.2% | -28 bp | -1.4% |
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.
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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
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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 5/6/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
4.9%
ALTAR SCORE™
59th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 585 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% 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 59th percentile
among funds in the category.
Sell-Side Consensus
$41.74
PRICE TARGET
+22.1%
UPSIDE