ABEQ vs. REW ETF Comparison
Comparison of Absolute Core Strategy ETF (ABEQ) to ProShares UltraShort Technology (REW)
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
$33.07
Average Daily Volume
5,821
18
REW
ProShares UltraShort Technology
REW Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. TechnologySM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the technology sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$10.26
Average Daily Volume
16,636
88
Performance
| Period | ABEQ | REW |
|---|---|---|
| 30 Days | -0.02% | -4.57% |
| 60 Days | 1.16% | -9.33% |
| 90 Days | 2.43% | -8.88% |
| 12 Months | 20.55% | -39.43% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ABEQ | Weight in REW | Overlap | |
|---|---|---|---|---|---|
| CSCO | B | 3.28% | 3.09% | 3.09% |
ABEQ Underweight 87 Positions Relative to REW
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | -18.06% | |
| MSFT | F | -17.29% | |
| GOOGL | C | -5.25% | |
| GOOG | C | -5.24% | |
| META | D | -4.46% | |
| INTC | D | -3.85% | |
| ADBE | C | -2.51% | |
| CRM | B | -2.4% | |
| NVDA | C | -2.26% | |
| TXN | C | -1.83% | |
| AVGO | D | -1.82% | |
| IBM | C | -1.82% | |
| ORCL | B | -1.77% | |
| QCOM | F | -1.63% | |
| INTU | C | -1.09% | |
| MU | D | -0.95% | |
| NOW | A | -0.87% | |
| AMAT | F | -0.86% | |
| AMD | F | -0.84% | |
| LRCX | F | -0.66% | |
| ADI | D | -0.65% | |
| ADSK | A | -0.63% | |
| CTSH | B | -0.51% | |
| HPQ | B | -0.48% | |
| MSI | B | -0.45% | |
| WDAY | B | -0.44% | |
| KLAC | D | -0.42% | |
| EBAY | D | -0.41% | |
| MCHP | D | -0.39% | |
| PANW | C | -0.35% | |
| SNPS | B | -0.34% | |
| ANSS | B | -0.34% | |
| VRSN | F | -0.33% | |
| CDNS | B | -0.31% | |
| SWKS | F | -0.31% | |
| IAC | D | -0.3% | |
| WDC | D | -0.3% | |
| VEEV | C | -0.29% | |
| HPE | B | -0.29% | |
| CDW | F | -0.29% | |
| MRVL | B | -0.28% | |
| FTNT | C | -0.25% | |
| AKAM | D | -0.23% | |
| PAYC | B | -0.22% | |
| TWLO | A | -0.22% | |
| SNAP | C | -0.22% | |
| SSNC | B | -0.21% | |
| STX | D | -0.21% | |
| OKTA | C | -0.21% | |
| NTAP | C | -0.21% | |
| GRMN | B | -0.21% | |
| IT | C | -0.21% | |
| RNG | B | -0.21% | |
| QRVO | F | -0.2% | |
| LDOS | C | -0.2% | |
| LUMN | C | -0.2% | |
| GDDY | A | -0.19% | |
| EPAM | C | -0.19% | |
| ANET | C | -0.18% | |
| TYL | B | -0.18% | |
| BAH | F | -0.17% | |
| TTD | B | -0.17% | |
| FICO | B | -0.17% | |
| TER | D | -0.17% | |
| DOX | D | -0.15% | |
| ON | D | -0.15% | |
| DXC | B | -0.14% | |
| GWRE | A | -0.14% | |
| AZPN | A | -0.14% | |
| OLED | D | -0.13% | |
| DOCU | A | -0.13% | |
| DELL | C | -0.12% | |
| JNPR | F | -0.12% | |
| FFIV | B | -0.12% | |
| PTC | A | -0.12% | |
| HUBS | A | -0.11% | |
| DAY | B | -0.11% | |
| MPWR | F | -0.11% | |
| ENTG | D | -0.11% | |
| CIEN | B | -0.1% | |
| CACI | D | -0.1% | |
| XRX | F | -0.1% | |
| LITE | B | -0.09% | |
| SNX | C | -0.09% | |
| Z | A | -0.09% | |
| ETSY | D | -0.09% | |
| MKSI | C | -0.09% |
ABEQ: Top Represented Industries & Keywords
REW: Top Represented Industries & Keywords
Compare ETFs
