AWEG vs. ARKX ETF Comparison
Comparison of Alger Weatherbie Enduring Growth ETF (AWEG) to ARK Space Exploration & Innovation ETF (ARKX)
AWEG
Alger Weatherbie Enduring Growth ETF
AWEG Description
The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$23.39
Average Daily Volume
69
Number of Holdings
*
9
* may have additional holdings in another (foreign) market
ARKX
ARK Space Exploration & Innovation ETF
ARKX Description
The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.Grade (RS Rating)
Last Trade
$15.65
Average Daily Volume
70,325
Number of Holdings
*
27
* may have additional holdings in another (foreign) market
Performance
Period | AWEG | ARKX |
---|---|---|
30 Days | 5.34% | 11.21% |
60 Days | 1.22% | 4.96% |
90 Days | 3.18% | 6.89% |
12 Months | 17.87% | 13.59% |
0 Overlapping Holdings
Symbol | Grade | Weight in AWEG | Weight in ARKX | Overlap |
---|
AWEG Underweight 27 Positions Relative to ARKX
Symbol | Grade | Weight | |
---|---|---|---|
AVAV | A | -9.52% | |
KTOS | B | -9.14% | |
IRDM | D | -8.06% | |
TRMB | D | -6.75% | |
TER | A | -5.93% | |
LHX | A | -5.21% | |
AMZN | B | -3.52% | |
ACHR | F | -3.38% | |
GRMN | A | -2.95% | |
DE | B | -2.87% | |
PATH | F | -2.85% | |
PRNT | F | -2.83% | |
BLDE | B | -2.82% | |
RKLB | C | -2.59% | |
JOBY | D | -2.13% | |
GOOG | B | -2.13% | |
HON | C | -1.49% | |
HEI | A | -1.43% | |
SNPS | D | -1.43% | |
U | F | -1.28% | |
PLTR | D | -1.27% | |
MYNA | C | -1.18% | |
ANSS | D | -1.14% | |
LMT | A | -1.12% | |
TDY | D | -1.05% | |
OSPN | C | -0.59% | |
DDD | F | -0.4% |
AWEG: Top Represented Industries & Keywords
Industries:
Software - Application
Waste Management
Aerospace & Defense
Discount Stores
Integrated Shipping & Logistics
Medical Instruments & Supplies
Keywords:
Cardboard
Landfill
Municipal Solid Waste
Recycling
Solid Waste Collection
Solid Waste Services
Sustainability And Environmental Management
Transfer Station
Waste
Waste Collection
Waste Management
Waste Services
Actuator
Aerospace
Aerospace Components
Aluminum Metal
Analytics Applications
Audio Systems
Barcode
Barge
ARKX: Top Represented Industries & Keywords
Industries:
Aerospace & Defense
Software - Application
Scientific & Technical Instruments
Airports & Air Services
Communication Equipment
Software - Infrastructure
Computer Systems
Diversified Industrials
Farm & Construction Equipment
Internet Content & Information
Security & Protection Services
Semiconductor Equipment & Materials
Specialty Retail
Telecom Services