Wedbush ETFMG Global Cloud Technology ETF (IVES)
IVES is a passive ETF by ETFMG tracking the investment results of the Dan Ives Global Cloud Technology Prime Index. IVES launched on Mar 8, 2016 and has a 0.68% expense ratio.
ETF Info
| ISIN | US26924G8050 |
|---|---|
| CUSIP | 26924G805 |
| Issuer | ETFMG |
| Inception Date | Mar 8, 2016 |
| Region | Developed Markets (Broad) |
| Category | Global Equities, Cloud Computing |
| Leveraged | 1x |
| Index Tracked | Dan Ives Global Cloud Technology Prime Index |
| Home Page | etfmg.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
IVES features an expense ratio of 0.68%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: IVES vs. RSPN, IVES vs. BTEK, IVES vs. SKYY, IVES vs. SMCI, IVES vs. VOO, IVES vs. SMH, IVES vs. HACK, IVES vs. SPMO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Wedbush ETFMG Global Cloud Technology ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Wedbush ETFMG Global Cloud Technology ETF had a return of 20.19% year-to-date (YTD) and 33.80% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 20.19% | 25.48% |
| 1 month | -0.88% | 2.14% |
| 6 months | 6.02% | 12.76% |
| 1 year | 33.80% | 33.14% |
| 5 years (annualized) | 6.27% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of IVES, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.35% | 10.76% | 1.39% | -6.07% | -0.19% | 3.44% | 1.77% | 0.11% | 3.76% | -0.96% | 20.19% | ||
| 2023 | 9.29% | -2.62% | 3.19% | -4.98% | 9.69% | 5.24% | 6.24% | -3.44% | -3.76% | -5.11% | 12.12% | 10.08% | 39.28% |
| 2022 | -13.44% | -3.92% | 0.86% | -13.10% | -6.36% | -4.87% | 5.45% | -1.96% | -11.87% | -1.43% | 3.41% | 1.30% | -38.91% |
| 2021 | 2.48% | -0.88% | -9.18% | 2.78% | -3.25% | 8.65% | -2.10% | 5.11% | -3.69% | 4.91% | -5.69% | -5.07% | -7.23% |
| 2020 | 2.50% | -11.61% | -19.10% | 15.24% | 17.55% | 9.56% | 4.93% | 3.48% | -3.04% | -3.76% | 17.09% | 9.62% | 41.45% |
| 2019 | 11.36% | 6.38% | -3.45% | 4.74% | -6.64% | 7.39% | -1.34% | 0.07% | 4.34% | -1.01% | 2.45% | 1.83% | 27.78% |
| 2018 | 3.65% | -2.27% | -5.44% | 0.20% | 0.55% | 2.03% | 0.06% | 3.49% | 6.02% | -13.22% | -4.87% | -8.81% | -18.62% |
| 2017 | -0.39% | 2.72% | 1.49% | 4.53% | 6.73% | 0.74% | 3.79% | 8.87% | 2.14% | 1.93% | -5.26% | 4.20% | 35.55% |
| 2016 | 3.96% | -0.12% | -1.41% | -3.33% | 7.62% | 3.48% | -3.28% | -5.29% | 5.72% | 0.54% | 7.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IVES is 50, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Wedbush ETFMG Global Cloud Technology ETF (IVES) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Wedbush ETFMG Global Cloud Technology ETF provided a 0.02% dividend yield over the last twelve months, with an annual payout of $0.01 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.01 | $0.00 | $0.00 | $0.00 | $0.21 | $0.43 | $0.11 | $0.37 | $0.17 |
Dividend yield | 0.02% | 0.00% | 0.00% | 0.00% | 0.39% | 1.16% | 0.38% | 1.02% | 0.64% |
Monthly Dividends
The table displays the monthly dividend distributions for Wedbush ETFMG Global Cloud Technology ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.21 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.43 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.11 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.23 | $0.37 |
| 2016 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Wedbush ETFMG Global Cloud Technology ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Wedbush ETFMG Global Cloud Technology ETF was 56.11%, occurring on Nov 9, 2022. The portfolio has not yet recovered.
The current Wedbush ETFMG Global Cloud Technology ETF drawdown is 17.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.11% | Feb 10, 2021 | 442 | Nov 9, 2022 | — | — | — |
| -41.6% | Feb 13, 2020 | 27 | Mar 23, 2020 | 63 | Jun 22, 2020 | 90 |
| -28.59% | Sep 19, 2018 | 67 | Dec 24, 2018 | 264 | Jan 13, 2020 | 331 |
| -13.33% | Aug 25, 2016 | 50 | Nov 4, 2016 | 90 | Mar 17, 2017 | 140 |
| -12.55% | Oct 14, 2020 | 14 | Nov 2, 2020 | 17 | Nov 25, 2020 | 31 |
Volatility
Volatility Chart
The current Wedbush ETFMG Global Cloud Technology ETF volatility is 6.12%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.