AGQI vs. NEWZ ETF Comparison
Comparison of First Trust Active Global Quality Income ETF (AGQI) to StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ)
AGQI
First Trust Active Global Quality Income ETF
AGQI Description
AGQI aims to hold a global basket of income-producing equities of companies that can maintain or grow dividends without compromising their financial stability. Equity securities include common and preferred stocks, depositary receipts, and real estate investment trusts. The fund invests in US and non-US issuers, holding at least 40% of its assets outside the US, with up to 20% allocated in emerging markets. The fund uses a fundamental approach to select dividend-paying companies with quality income, meaning they can provide stable and growing dividends. Eligible companies are assessed based on ROE and/or ROIC, financial leverage ratio, and dividend payout ratio. The resulting portfolio may have a large-cap tilt, although the fund invests in companies of any market capitalization. On November 21, 2023, the ETF acquired all assets and liabilities of the First Trust Dynamic Europe Equity Income Fund (ticker: FDEU), which had about $220 million in assets, morphing the closed-end fund into an ETF.
Grade (RS Rating)
Last Trade
$13.96
Average Daily Volume
8,506
13
NEWZ
StockSnips AI-Powered Sentiment US All Cap ETF
NEWZ Description
NEWZ navigates market complexities through a proprietary news media sentiment signal which combines AI and NLP technologies. This signal is generated from textual sources, such as news articles, blogs, and SEC filings, processed using advanced machine learning algorithms. These algorithms sift through vast amounts of data to assess investor sentiment and identify stocks with the most positive news coverage. The process begins by screening US-listed equity securities based on capitalization, volatility, ROE, news coverage volume, and inclusion in Zacks sector and industry classifications. Selections are made based on the sentiment signal, which also integrates a sentiment momentum signal indicating shifts in investor sentiment over time. After the screening, the portfolio typically comprises the top 30 to 50 stocks, all equally weighted. Throughout this process, the fund prioritizes reliability, gathering information from reputable news outlets such as Zacks, Motley Fool, and CNBC. The fund is rebalanced and reconstituted monthly.Grade (RS Rating)
Last Trade
$29.52
Average Daily Volume
6,139
30
Performance
| Period | AGQI | NEWZ |
|---|---|---|
| 30 Days | -3.61% | 3.35% |
| 60 Days | -4.64% | 6.06% |
| 90 Days | -4.61% | 6.72% |
| 12 Months | 9.66% |
1 Overlapping Holdings
| Symbol | Grade | Weight in AGQI | Weight in NEWZ | Overlap | |
|---|---|---|---|---|---|
| ORCL | A | 3.22% | 3.02% | 3.02% |
AGQI Underweight 29 Positions Relative to NEWZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| TT | A | -4.23% | |
| MSI | B | -3.81% | |
| FTNT | C | -3.73% | |
| SHOP | B | -3.7% | |
| KKR | A | -3.59% | |
| ANET | C | -3.5% | |
| NTAP | C | -3.48% | |
| BR | A | -3.44% | |
| APH | A | -3.44% | |
| TXRH | B | -3.39% | |
| GRMN | B | -3.37% | |
| ISRG | A | -3.36% | |
| CORT | B | -3.35% | |
| PAYX | B | -3.35% | |
| BOOT | C | -3.33% | |
| COR | B | -3.33% | |
| PCTY | C | -3.29% | |
| ACN | B | -3.29% | |
| CHKP | C | -3.28% | |
| ERIE | D | -3.26% | |
| CLH | C | -3.26% | |
| UTHR | C | -3.19% | |
| TSM | B | -3.15% | |
| DGX | A | -3.14% | |
| RMD | C | -3.14% | |
| JKHY | D | -3.01% | |
| BRO | B | -2.88% | |
| BMI | B | -2.69% | |
| BAH | F | -2.48% |
AGQI: Top Represented Industries & Keywords
NEWZ: Top Represented Industries & Keywords
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