ABEQ vs. DJIA ETF Comparison
Comparison of Absolute Core Strategy ETF (ABEQ) to Global X Dow 30 Covered Call ETF (DJIA)
ABEQ
Absolute Core Strategy ETF
ABEQ Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$32.85
Average Daily Volume
5,950
19
DJIA
Global X Dow 30 Covered Call ETF
DJIA Description
Global X Dow 30 Covered Call ETF is an exchange traded fund launched and managed by Global X Management Company LLC. It invests in public equity markets of the United States. It invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the DJIA Cboe BuyWrite v2 Index, by using full replication technique. Global X Dow 30 Covered Call ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$23.39
Average Daily Volume
28,972
30
Performance
Period | ABEQ | DJIA |
---|---|---|
30 Days | -0.61% | 2.76% |
60 Days | 0.76% | 3.38% |
90 Days | 1.75% | 4.96% |
12 Months | 19.75% | 14.98% |
ABEQ Underweight 25 Positions Relative to DJIA
Symbol | Grade | Weight | |
---|---|---|---|
UNH | B | -8.41% | |
GS | A | -8.39% | |
MSFT | D | -5.93% | |
HD | B | -5.86% | |
CAT | B | -5.49% | |
SHW | B | -5.36% | |
CRM | B | -4.6% | |
V | A | -4.45% | |
MCD | D | -4.15% | |
AXP | A | -4.07% | |
AMGN | F | -3.98% | |
JPM | A | -3.5% | |
AAPL | C | -3.25% | |
IBM | C | -2.97% | |
AMZN | C | -2.88% | |
PG | C | -2.44% | |
CVX | A | -2.29% | |
JNJ | C | -2.21% | |
BA | F | -2.05% | |
NVDA | B | -2.0% | |
MMM | D | -1.86% | |
DIS | B | -1.62% | |
WMT | A | -1.2% | |
NKE | F | -1.07% | |
KO | D | -0.88% |
ABEQ: Top Represented Industries & Keywords
DJIA: Top Represented Industries & Keywords