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
$ 1.2 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. | 94.1% |
| Emerging mkts. | 8.4% |
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 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 27.0% | 6.6% | -4.4% | 5.9% | -3.4% | 4.5% | -- | 4.6% |
| Dividend Yield | 0.0% | 0.0% | 0.1% | 0.1% | 0.0% | 0.4% | -- | 0.4% |
| Total Returns | 27.0% | 6.6% | -4.3% | 6.0% | -3.4% | 4.9% | -- | 5.0% | Ann. Volatility | 28.6% | 41.9% | 36.1% | 32.1% | 32.2% | 28.0% | -- | 27.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.79 | 26% |
| MSCI EAFE | 0.87 | 10% |
| MSCI Emg Mkts | 0.79 | 14% |
Liquidity Measures
| Avg. volume (000) | 557 |
| ADV traded (mns) | $23 |
| Turnover | 1.9% |
| Avg. Bid/Ask (% of price) | 0.03% |
Technical Indicators
| 30d moving avg. (EMA) | $35.53 |
| Relative strength (RSI) | 72 |
| MACD/Signal | 1.60/1.41 |
| Bollinger Bands (Upper/Lower) | $39.55/$33.34 |
| 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 |
|---|---|---|---|---|
| AGIX | KraneShares Artificial Intelligence and Technology ETF | 78.7% | +31 bp | -2.5% |
| NYSX | Global X NYSE 100 ETF | 51.9% | -59 bp | -4.0% |
| SFYF | SoFi Social 50 ETF | 50.4% | -39 bp | -2.7% |
| USMD | CoreValues America First Technology ETF | 50.4% | +19 bp | -2.4% |
| PJFG | PGIM Jennison Focused Growth ETF | 48.7% | +7 bp | -1.5% |
| QTOP | iShares Nasdaq Top 30 Stocks ETF | 48.2% | -48 bp | -0.8% |
| IETC | iShares U.S. Tech Independence Focused ETF | 47.7% | -50 bp | -0.5% |
| TECB | iShares U.S. Tech Breakthrough Multisector ETF | 47.6% | -28 bp | -0.9% |
| MGK | Vanguard Mega Cap Growth ETF | 47.4% | -61 bp | +0.1% |
| QGRW | WisdomTree U.S. Quality Growth Fund | 47.0% | -40 bp | -0.4% |
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.
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 6/3/2026
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
4.0%
ALTAR SCORE™
46th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 727 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 -0.1 standard
deviations above the category average. This places IVES in the 46th percentile
among funds in the category.
Sell-Side Consensus
$44.14
PRICE TARGET
+6.6%
UPSIDE