BTEK vs. IVES
Compare and contrast key facts about Future Tech ETF (BTEK) and Wedbush ETFMG Global Cloud Technology ETF (IVES).
BTEK and IVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTEK is an actively managed fund by Blackrock Financial Management. It was launched on Sep 29, 2020. IVES is a passively managed fund by ETFMG that tracks the performance of the Dan Ives Global Cloud Technology Prime Index. It was launched on Mar 8, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTEK or IVES.
Key characteristics
| BTEK | IVES |
|---|
Correlation
The correlation between BTEK and IVES is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BTEK vs. IVES - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BTEK vs. IVES - Expense Ratio Comparison
BTEK has a 0.88% expense ratio, which is higher than IVES's 0.68% expense ratio.
Risk-Adjusted Performance
BTEK vs. IVES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Future Tech ETF (BTEK) and Wedbush ETFMG Global Cloud Technology ETF (IVES). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BTEK vs. IVES - Dividend Comparison
BTEK has not paid dividends to shareholders, while IVES's dividend yield for the trailing twelve months is around 0.02%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
BTEK Future Tech ETF | 100.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVES Wedbush ETFMG Global Cloud Technology ETF | 0.02% | 0.00% | 0.00% | 0.00% | 0.39% | 1.16% | 0.38% | 1.02% | 0.64% |
Drawdowns
BTEK vs. IVES - Drawdown Comparison
Volatility
BTEK vs. IVES - Volatility Comparison
The current volatility for Future Tech ETF (BTEK) is 0.00%, while Wedbush ETFMG Global Cloud Technology ETF (IVES) has a volatility of 5.97%. This indicates that BTEK experiences smaller price fluctuations and is considered to be less risky than IVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.