AMID vs. FOVL ETF Comparison
Comparison of Argent Mid Cap ETF (AMID) to iShares Focused Value Factor ETF (FOVL)
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
$32.86
Average Daily Volume
6,967
9
FOVL
iShares Focused Value Factor ETF
FOVL Description
The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.Grade (RS Rating)
Last Trade
$61.50
Average Daily Volume
14,213
40
Performance
| Period | AMID | FOVL |
|---|---|---|
| 30 Days | -2.72% | -0.72% |
| 60 Days | -1.80% | 1.84% |
| 90 Days | 3.34% | 6.58% |
| 12 Months | 36.74% | 27.83% |
1 Overlapping Holdings
| Symbol | Grade | Weight in AMID | Weight in FOVL | Overlap | |
|---|---|---|---|---|---|
| BLDR | D | 5.81% | 3.23% | 3.23% |
AMID Underweight 39 Positions Relative to FOVL
| Symbol | Grade | Weight | |
|---|---|---|---|
| TOL | B | -3.51% | |
| PNFP | C | -3.25% | |
| IBKR | B | -3.24% | |
| FYBR | B | -3.09% | |
| SF | A | -3.07% | |
| JPM | B | -2.94% | |
| WTM | A | -2.92% | |
| COF | B | -2.92% | |
| WLK | B | -2.86% | |
| SNV | C | -2.82% | |
| AXS | A | -2.74% | |
| ORI | A | -2.73% | |
| FHB | B | -2.71% | |
| FNB | A | -2.7% | |
| JHG | A | -2.68% | |
| WBS | D | -2.67% | |
| CNA | B | -2.58% | |
| LYB | C | -2.42% | |
| KMI | A | -2.42% | |
| AMG | D | -2.4% | |
| DFS | C | -2.4% | |
| PFG | C | -2.4% | |
| NUE | F | -2.38% | |
| UNM | B | -2.38% | |
| T | B | -2.37% | |
| CLF | F | -2.35% | |
| CUZ | B | -2.3% | |
| STT | C | -2.29% | |
| HPE | D | -2.25% | |
| AN | B | -2.25% | |
| LPX | A | -2.22% | |
| AGR | B | -2.18% | |
| THO | D | -2.17% | |
| PNW | B | -2.08% | |
| Z | F | -1.81% | |
| ALK | C | -1.8% | |
| LSXMK | D | -1.72% | |
| SNDR | D | -1.72% | |
| LLYVK | D | -0.67% |
AMID: Top Represented Industries & Keywords
FOVL: Top Represented Industries & Keywords
Compare ETFs
