ABEQ vs. PBW ETF Comparison
Comparison of Absolute Core Strategy ETF (ABEQ) to PowerShares WilderHill Clean Energy Portfolio (PBW)
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
$30.06
Average Daily Volume
5,371
15
PBW
PowerShares WilderHill Clean Energy Portfolio
PBW Description
The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$21.74
Average Daily Volume
297,315
59
Performance
| Period | ABEQ | PBW |
|---|---|---|
| 30 Days | -0.83% | -3.55% |
| 60 Days | 3.63% | -6.45% |
| 90 Days | 4.65% | -7.95% |
| 12 Months | 6.18% | -34.48% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ABEQ | Weight in PBW | Overlap |
|---|
ABEQ Underweight 59 Positions Relative to PBW
| Symbol | Grade | Weight | |
|---|---|---|---|
| FSLR | B | -2.18% | |
| FLNC | B | -1.9% | |
| MP | C | -1.89% | |
| SLDP | B | -1.88% | |
| ORA | C | -1.83% | |
| BELFB | B | -1.74% | |
| JKS | D | -1.73% | |
| ESE | B | -1.71% | |
| ARRY | D | -1.7% | |
| AMRC | C | -1.69% | |
| FREY | D | -1.69% | |
| ITRI | A | -1.69% | |
| BE | C | -1.66% | |
| PWR | A | -1.61% | |
| MYRG | F | -1.6% | |
| AEIS | D | -1.6% | |
| SLI | C | -1.58% | |
| ALB | D | -1.57% | |
| PLPC | D | -1.56% | |
| THRM | D | -1.56% | |
| ENPH | F | -1.56% | |
| JOBY | D | -1.56% | |
| QS | F | -1.56% | |
| TSLA | D | -1.56% | |
| WBX | D | -1.55% | |
| OLED | C | -1.54% | |
| PLL | D | -1.52% | |
| SEDG | F | -1.46% | |
| AMPS | F | -1.45% | |
| SQM | D | -1.45% | |
| CSIQ | F | -1.44% | |
| WOLF | F | -1.43% | |
| AMSC | C | -1.41% | |
| BLNK | D | -1.38% | |
| NIO | D | -1.38% | |
| RNW | C | -1.35% | |
| SES | F | -1.33% | |
| RIVN | F | -1.32% | |
| LNZA | F | -1.31% | |
| ACHR | F | -1.3% | |
| STEM | F | -1.3% | |
| RUN | D | -1.27% | |
| XPEV | D | -1.26% | |
| FCEL | F | -1.24% | |
| PSNY | F | -1.23% | |
| LEV | F | -1.23% | |
| ENVX | D | -1.21% | |
| NOVA | F | -1.2% | |
| NAAS | F | -1.16% | |
| NRGV | F | -1.13% | |
| PLUG | F | -1.13% | |
| CHPT | F | -1.12% | |
| SHLS | F | -1.11% | |
| EOSE | F | -1.08% | |
| AMPX | F | -0.96% | |
| SPWR | F | -0.95% | |
| SOL | F | -0.53% | |
| TPIC | B | -0.48% | |
| MAXN | F | -0.31% |
ABEQ: Top Represented Industries & Keywords
PBW: Top Represented Industries & Keywords
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