ABEQ vs. FLUD ETF Comparison
Comparison of Absolute Core Strategy ETF (ABEQ) to Franklin Liberty Ultra Short Bond ETF (FLUD)
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
$32.58
Average Daily Volume
5,960
17
FLUD
Franklin Liberty Ultra Short Bond ETF
FLUD Description
The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in bonds and investments that provide exposure to bonds. It targets an estimated average portfolio duration of one (1) year or less. The fund invests predominantly in U.S. dollar denominated, investment grade debt securities and investments. It may invest in U.S. dollar denominated foreign securities, including emerging market securities.Grade (RS Rating)
Last Trade
$24.84
Average Daily Volume
2,675
20
Performance
Period | ABEQ | FLUD |
---|---|---|
30 Days | -0.37% | 0.41% |
60 Days | -0.45% | 0.91% |
90 Days | 4.45% | 1.27% |
12 Months | 20.82% | 3.77% |
1 Overlapping Holdings
Symbol | Grade | Weight in ABEQ | Weight in FLUD | Overlap | |
---|---|---|---|---|---|
DD | D | 4.14% | 4.1% | 4.1% |
ABEQ Underweight 19 Positions Relative to FLUD
ABEQ: Top Represented Industries & Keywords
FLUD: Top Represented Industries & Keywords