All Funds

IFLY

ETFMG Drone Economy Strategy ETF

Effective April 7, 2020, the Fund name of the ETFMG Drone Economy Strategy ETF (IFLY) has changed to the Wedbush ETFMG Global Cloud Technology ETF (IVES), and the Fund’s underlying index has changed to the Dan Ives Global Cloud Technology Prime Index.

For more information, please visit www.etfmg.com/IVES

About IFLY

IFLY is a thematic investment strategy that seeks to capture the 21st century growth opportunity in drone flight.

  • The first and only ETF to target the drone ecosystem
  • Industrial drone usage includes emergency services, agriculture, military, construction and real estate
  • Leaders in home delivery; Amazon, FedEx, UPS are primed to roll out drone delivery service and have begun testing in various markets
  • Changes in regulation has paved the way for the proliferation of drone usage

The ETFMG Drone Economy Strategy ETF was created to provide the market with a transparent vehicle to invest in the increasingly important drone tech sector. The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Reality Shares Drone Index. The companies in this index are those which work to develop, research or utilize drones as a major part of their business model.

Reality Shares

Founded in 2012, Reality Shares began when a group of entrepreneurial industry veterans came together with a pioneering purpose: to take innovative investment strategies and deliver them to the masses. The Reality Shares team developed a series of powerful models that isolate, analyze, assess and predict company growth potential.

For more information, visit realityshares.com

Related Funds
Fund Summary
Fund Inception
3/08/2016
Ticker
IVES
CUSIP
26924G805
ISIN
US26924G8050
Stock Exchange
NYSE
Expense Ratio
0.68%
Intraday NAV (IIV)
--
NAV Symbol
IVES.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 1
-1
Index Ticker
PCLOUD
Fund Documents

Fund Prices

Last Updated 4/8/2020

Fund Name

Wedbush ETFMG Global Cloud Technology ETF

Symbol

IFLY

NAV

27.19

Market Price Changes

0.12

Market Price Close

27.21

Nav Price Change

-0.02

Premium/Discount(%)

0.07


Month End Performance2

Last Updated 03/31/2020

NAV% Market Value%
Cumulative    
1 Month -18.81 -19.10
3 Months -25.65 -26.70
6 Months -22.87 -24.31
YTD -25.65 -26.70
Since Inception Cumulative 14.00 12.22
Annual    
1 Year -17.16 -18.11
3 Year 0.42 -0.16
5 Year - -
Since Inception Annualized 3.28 2.88

Quarter End Performance2

Last Updated 03/31/2020

NAV% Market Value%
Cumulative    
1 Month -18.81 -19.10
3 Months -25.65 -26.70
6 Months -22.87 -24.31
YTD -25.65 -26.70
Since Inception Cumulative 14.00 12.22
Annual    
1 Year -17.16 -18.11
3 Year 0.42 -0.16
5 Year - -
Since Inception Annualized 3.28 2.88

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477).

2 On April 7, 2020, the Fund's investment objective and principal investment strategies were substantially revised; therefore, the performance and average annual total returns shown for periods prior to that date were achieved under the Fund's prior investment objective and principal investment strategies and would have differed if the Fund’s current investment objective and principal investment strategies had been in effect during those periods.


Top 10 Holdings

Last Updated 4/8/2020

Name % Total Assets Ticker Shares Held Market Value USD

Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.

Premium Discount Chart
Related Funds
Fund Summary
Fund Inception
3/08/2016
Ticker
IVES
CUSIP
26924G805
ISIN
US26924G8050
Stock Exchange
NYSE
Expense Ratio
0.68%
Intraday NAV (IIV)
--
NAV Symbol
IVES.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 1
-1
Index Ticker
PCLOUD
Fund Documents

Need to know more about this fund?

Contact us

Are you a subject matter expert on this topic?

Let's talk

Get email alerts for all news related to IFLY