AMID vs. FDHT ETF Comparison
Comparison of Argent Mid Cap ETF (AMID) to Fidelity Digital Health ETF (FDHT)
AMID
Argent Mid Cap ETF
AMID Description
AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.
Grade (RS Rating)
Last Trade
$36.72
Average Daily Volume
7,812
37
FDHT
Fidelity Digital Health ETF
FDHT Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Digital Health Index. Normally investing at least 80% of assets in securities included in the Fidelity Digital Health Index and in depositary receipts representing securities included in the index. The Fidelity Digital Health Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum providing healthcare records management, connected healthcare devices, surgical robotics, telemedicine, and other technology-enabled healthcare products and services.Grade (RS Rating)
Last Trade
$20.11
Average Daily Volume
1,373
28
Performance
Period | AMID | FDHT |
---|---|---|
30 Days | 4.32% | -1.05% |
60 Days | 3.96% | 0.04% |
90 Days | 4.88% | 3.00% |
12 Months | 34.06% | 17.32% |
0 Overlapping Holdings
Symbol | Grade | Weight in AMID | Weight in FDHT | Overlap |
---|
AMID Overweight 37 Positions Relative to FDHT
Symbol | Grade | Weight | |
---|---|---|---|
FICO | B | 3.79% | |
CTAS | B | 3.66% | |
CPRT | B | 3.56% | |
BLDR | D | 3.43% | |
FTNT | C | 3.34% | |
HLI | A | 3.2% | |
CBZ | B | 2.93% | |
LPLA | A | 2.87% | |
CDW | F | 2.86% | |
VCTR | B | 2.86% | |
DHI | F | 2.85% | |
IT | C | 2.83% | |
MEDP | D | 2.69% | |
MUSA | B | 2.63% | |
HCA | F | 2.49% | |
BAH | F | 2.45% | |
BLD | D | 2.43% | |
OMF | A | 2.4% | |
URI | C | 2.35% | |
AFG | A | 2.28% | |
GDDY | A | 2.24% | |
A | D | 2.12% | |
ADUS | D | 2.09% | |
CG | B | 2.05% | |
SCI | B | 2.05% | |
TPX | B | 1.99% | |
AME | A | 1.98% | |
ICFI | F | 1.93% | |
LNG | A | 1.69% | |
CHDN | B | 1.57% | |
ABG | C | 1.55% | |
ENTG | D | 1.52% | |
MOH | F | 1.44% | |
PATK | C | 1.35% | |
TTEK | F | 1.33% | |
AX | B | 1.11% | |
EXPO | D | 0.99% |
AMID Underweight 28 Positions Relative to FDHT
Symbol | Grade | Weight | |
---|---|---|---|
ISRG | A | -4.78% | |
VEEV | C | -4.6% | |
DXCM | C | -4.59% | |
PODD | C | -4.46% | |
RMD | C | -4.09% | |
HIMS | B | -3.57% | |
MASI | B | -3.53% | |
DOCS | C | -3.51% | |
MMS | F | -2.5% | |
IRTC | C | -2.44% | |
INSP | D | -2.4% | |
CRVL | B | -2.34% | |
AXNX | A | -2.25% | |
CTSH | B | -2.12% | |
PINC | B | -2.11% | |
RCM | A | -2.07% | |
OMCL | C | -1.98% | |
TDOC | C | -1.97% | |
CI | D | -1.85% | |
IQV | F | -1.69% | |
ASTH | F | -1.6% | |
PHR | F | -1.41% | |
TNDM | D | -1.41% | |
HCAT | D | -1.29% | |
AXGN | C | -1.14% | |
EVH | F | -0.93% | |
ACCD | D | -0.85% | |
GDRX | F | -0.73% |
AMID: Top Represented Industries & Keywords
FDHT: Top Represented Industries & Keywords