CBLS vs. PPA ETF Comparison
Comparison of Changebridge Capital Long/Short Equity ETF (CBLS) to PowerShares Aerospace & Defense (PPA)
CBLS
Changebridge Capital Long/Short Equity ETF
CBLS Description
The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$24.56
Average Daily Volume
4,449
70
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$105.21
Average Daily Volume
149,741
47
Performance
| Period | CBLS | PPA |
|---|---|---|
| 30 Days | 6.30% | 4.83% |
| 60 Days | 10.15% | 5.88% |
| 90 Days | 14.89% | 11.93% |
| 12 Months | 17.98% | 33.90% |
CBLS Overweight 67 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| SKY | C | 2.83% | |
| STRL | B | 2.78% | |
| MU | B | 2.73% | |
| NVDA | B | 2.73% | |
| ASML | D | 2.69% | |
| RDFN | D | 2.62% | |
| MMYT | B | 2.6% | |
| AVGO | D | 2.59% | |
| TCOM | A | 2.57% | |
| HUMA | B | 2.56% | |
| AAPL | B | 2.53% | |
| NU | C | 2.33% | |
| MSFT | D | 2.3% | |
| GTLS | B | 2.3% | |
| OSW | A | 2.28% | |
| TMDX | B | 2.27% | |
| INDI | F | 2.26% | |
| LRCX | D | 2.23% | |
| BLBD | B | 2.21% | |
| SN | A | 2.21% | |
| WTTR | B | 2.17% | |
| ERJ | B | 2.16% | |
| HLX | B | 2.16% | |
| ECL | A | 2.11% | |
| PANW | C | 2.11% | |
| ICFI | C | 2.08% | |
| NARI | D | 2.07% | |
| TSM | B | 2.03% | |
| DKNG | C | 2.01% | |
| DXCM | D | 1.99% | |
| IBN | C | 1.88% | |
| BKNG | B | 1.85% | |
| FCX | B | 1.8% | |
| CHK | C | 1.75% | |
| FTI | A | 1.66% | |
| BBY | D | -0.67% | |
| SIG | D | -0.74% | |
| MIDD | F | -0.78% | |
| CTVA | A | -0.8% | |
| CWAN | C | -0.84% | |
| TSLA | D | -0.91% | |
| BXP | D | -0.92% | |
| MPW | D | -0.94% | |
| F | D | -0.94% | |
| INTC | F | -0.96% | |
| BC | D | -0.97% | |
| DOOO | C | -0.98% | |
| BX | D | -0.99% | |
| IBM | D | -0.99% | |
| CHH | F | -1.0% | |
| ONON | D | -1.0% | |
| APO | C | -1.0% | |
| HOG | F | -1.0% | |
| AVY | A | -1.0% | |
| KKR | B | -1.02% | |
| SOFI | F | -1.03% | |
| EWBC | B | -1.06% | |
| CMA | B | -1.08% | |
| MTB | A | -1.09% | |
| ZION | B | -1.1% | |
| WAL | B | -1.11% | |
| PAYX | C | -1.2% | |
| ENR | C | -1.31% | |
| UTHR | A | -1.37% | |
| FIGS | C | -1.38% | |
| LAD | D | -1.41% | |
| BGFV | F | -1.45% |
CBLS Underweight 44 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| LMT | A | -6.78% | |
| GE | A | -6.04% | |
| BA | F | -5.9% | |
| NOC | C | -5.61% | |
| LHX | A | -4.58% | |
| HON | C | -4.31% | |
| ETN | A | -3.84% | |
| PH | A | -3.6% | |
| HWM | A | -3.57% | |
| AXON | C | -3.35% | |
| BAH | A | -2.48% | |
| TXT | D | -2.4% | |
| LDOS | A | -2.19% | |
| APH | A | -2.15% | |
| HII | D | -2.06% | |
| HEI | A | -1.85% | |
| BWXT | D | -1.41% | |
| CACI | A | -1.35% | |
| KBR | B | -1.34% | |
| CW | A | -1.31% | |
| WWD | A | -1.08% | |
| TDY | D | -1.0% | |
| SAIC | B | -1.0% | |
| HXL | C | -0.97% | |
| ATI | A | -0.95% | |
| J | D | -0.88% | |
| AVAV | A | -0.88% | |
| PLTR | D | -0.85% | |
| SPR | D | -0.74% | |
| MOG.A | A | -0.65% | |
| PSN | D | -0.64% | |
| KEYS | D | -0.6% | |
| KTOS | B | -0.55% | |
| AIR | B | -0.48% | |
| OSK | C | -0.45% | |
| MRCY | D | -0.34% | |
| VSAT | D | -0.3% | |
| OSIS | D | -0.26% | |
| CDRE | D | -0.26% | |
| IRDM | D | -0.2% | |
| TGI | C | -0.2% | |
| DCO | B | -0.15% | |
| B | B | -0.15% | |
| TTMI | A | -0.14% |
CBLS: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
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