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

Number of Holdings *

19

* may have additional holdings in another (foreign) market
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

Number of Holdings *

30

* may have additional holdings in another (foreign) market
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%
5 Overlapping Holdings
Symbol Grade Weight in ABEQ Weight in DJIA Overlap
CSCO B 3.39% 0.82% 0.82%
HON C 1.11% 3.26% 1.11%
MRK D 1.65% 1.38% 1.38%
TRV B 3.91% 3.75% 3.75%
VZ C 0.98% 0.6% 0.6%
ABEQ Overweight 14 Positions Relative to DJIA
Symbol Grade Weight
BRK.A B 11.57%
L A 6.67%
UL D 6.26%
MDT D 4.54%
DD C 4.13%
CMCSA B 3.85%
EOG A 3.58%
CTVA C 2.86%
IFF D 2.31%
HSY F 1.95%
DEO F 1.74%
CME B 1.25%
EQC B 1.02%
GEHC D 0.97%
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%
Compare ETFs