CNEQ vs. FHLC ETF Comparison
Comparison of Alger Concentrated Equity ETF (CNEQ) to Fidelity MSCI Health Care Index ETF (FHLC)
CNEQ
Alger Concentrated Equity ETF
CNEQ Description
CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.
Grade (RS Rating)
Last Trade
$25.51
Average Daily Volume
3,734
Number of Holdings
*
25
* may have additional holdings in another (foreign) market
FHLC
Fidelity MSCI Health Care Index ETF
FHLC Description
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Health Care Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Health Care Index, which represents the performance of the health care sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Health Care Index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$68.54
Average Daily Volume
110,689
Number of Holdings
*
330
* may have additional holdings in another (foreign) market
Performance
| Period | CNEQ | FHLC |
|---|---|---|
| 30 Days | 6.39% | -3.70% |
| 60 Days | 11.26% | -6.03% |
| 90 Days | 15.00% | -6.48% |
| 12 Months | 13.75% |
CNEQ Overweight 20 Positions Relative to FHLC
CNEQ Underweight 325 Positions Relative to FHLC
| Symbol | Grade | Weight | |
|---|---|---|---|
| JNJ | D | -6.2% | |
| ABBV | D | -4.89% | |
| MRK | F | -4.07% | |
| ABT | B | -3.4% | |
| TMO | F | -3.19% | |
| AMGN | D | -2.49% | |
| PFE | D | -2.35% | |
| SYK | C | -2.22% | |
| BSX | B | -2.21% | |
| VRTX | F | -2.01% | |
| BMY | B | -1.92% | |
| MDT | D | -1.87% | |
| GILD | C | -1.83% | |
| ELV | F | -1.55% | |
| CI | F | -1.53% | |
| REGN | F | -1.37% | |
| ZTS | D | -1.34% | |
| MCK | B | -1.33% | |
| CVS | D | -1.17% | |
| HCA | F | -1.1% | |
| BDX | F | -1.08% | |
| COR | B | -0.73% | |
| EW | C | -0.7% | |
| A | D | -0.62% | |
| GEHC | F | -0.6% | |
| RMD | C | -0.59% | |
| IDXX | F | -0.58% | |
| IQV | D | -0.58% | |
| VEEV | C | -0.55% | |
| HUM | C | -0.54% | |
| CNC | D | -0.52% | |
| DXCM | D | -0.51% | |
| CAH | B | -0.49% | |
| ALNY | D | -0.49% | |
| MTD | D | -0.42% | |
| ZBH | C | -0.39% | |
| BIIB | F | -0.38% | |
| WST | C | -0.37% | |
| STE | F | -0.36% | |
| ILMN | D | -0.35% | |
| WAT | B | -0.35% | |
| LH | C | -0.33% | |
| HOLX | D | -0.31% | |
| DGX | A | -0.3% | |
| PODD | C | -0.3% | |
| BAX | D | -0.28% | |
| MOH | F | -0.28% | |
| ALGN | D | -0.27% | |
| VTRS | A | -0.26% | |
| THC | D | -0.25% | |
| UTHR | C | -0.25% | |
| AVTR | F | -0.23% | |
| RVTY | F | -0.22% | |
| INCY | C | -0.21% | |
| MRNA | F | -0.21% | |
| BMRN | D | -0.2% | |
| UHS | D | -0.2% | |
| NBIX | C | -0.2% | |
| TECH | D | -0.18% | |
| CTLT | B | -0.18% | |
| RPRX | D | -0.17% | |
| EHC | B | -0.17% | |
| INSM | C | -0.17% | |
| HSIC | B | -0.16% | |
| CRL | C | -0.16% | |
| SOLV | C | -0.16% | |
| PEN | B | -0.15% | |
| SRPT | D | -0.15% | |
| HQY | B | -0.15% | |
| EXEL | B | -0.15% | |
| EXAS | D | -0.15% | |
| TFX | F | -0.15% | |
| GMED | A | -0.15% | |
| MEDP | D | -0.14% | |
| ENSG | D | -0.14% | |
| DVA | B | -0.14% | |
| ITCI | C | -0.13% | |
| CHE | D | -0.13% | |
| PCVX | D | -0.13% | |
| GKOS | B | -0.12% | |
| JAZZ | B | -0.12% | |
| MASI | A | -0.12% | |
| RGEN | D | -0.11% | |
| ELAN | D | -0.11% | |
| CYTK | F | -0.1% | |
| DOCS | C | -0.1% | |
| MMSI | B | -0.1% | |
| BIO | D | -0.1% | |
| RVMD | C | -0.1% | |
| INSP | D | -0.09% | |
| BRKR | D | -0.09% | |
| LNTH | D | -0.09% | |
| BPMC | C | -0.09% | |
| HALO | F | -0.09% | |
| HAE | C | -0.08% | |
| VKTX | F | -0.08% | |
| CORT | B | -0.08% | |
| RDNT | B | -0.08% | |
| ICUI | D | -0.07% | |
| PBH | A | -0.07% | |
| SEM | B | -0.07% | |
| ROIV | C | -0.07% | |
| ADMA | B | -0.07% | |
| CRNX | C | -0.07% | |
| TGTX | B | -0.07% | |
| IONS | F | -0.07% | |
| ALKS | B | -0.07% | |
| PRCT | B | -0.07% | |
| ITGR | B | -0.07% | |
| CRVL | A | -0.06% | |
| ACHC | F | -0.06% | |
| GH | B | -0.06% | |
| KRYS | B | -0.06% | |
| NVST | B | -0.06% | |
| RARE | D | -0.06% | |
| PRGO | B | -0.06% | |
| OPCH | D | -0.06% | |
| CRSP | D | -0.06% | |
| XRAY | F | -0.06% | |
| OGN | D | -0.06% | |
| MDGL | B | -0.06% | |
| RYTM | C | -0.05% | |
| AGIO | C | -0.05% | |
| ACLX | C | -0.05% | |
| VCYT | B | -0.05% | |
| LIVN | F | -0.05% | |
| AXSM | B | -0.05% | |
| AMED | F | -0.05% | |
| HIMS | B | -0.05% | |
| DNLI | D | -0.05% | |
| NEOG | F | -0.05% | |
| RNA | D | -0.05% | |
| LMAT | A | -0.04% | |
| ARWR | F | -0.04% | |
| FOLD | F | -0.04% | |
| ADUS | D | -0.04% | |
| CNMD | C | -0.04% | |
| CPRX | C | -0.04% | |
| PINC | B | -0.04% | |
| RCM | F | -0.04% | |
| IRTC | D | -0.04% | |
| TWST | D | -0.04% | |
| XENE | D | -0.04% | |
| VCEL | B | -0.04% | |
| ENOV | C | -0.04% | |
| BBIO | F | -0.04% | |
| NUVL | D | -0.04% | |
| TMDX | F | -0.04% | |
| NARI | C | -0.04% | |
| PTCT | B | -0.04% | |
| SGRY | F | -0.03% | |
| TDOC | C | -0.03% | |
| SRRK | B | -0.03% | |
| KROS | D | -0.03% | |
| DYN | F | -0.03% | |
| FTRE | D | -0.03% | |
| NVCR | C | -0.03% | |
| BEAM | D | -0.03% | |
| IOVA | F | -0.03% | |
| PDCO | D | -0.03% | |
| GERN | D | -0.03% | |
| ATRC | C | -0.03% | |
| AMPH | D | -0.03% | |
| NHC | C | -0.03% | |
| PTGX | C | -0.03% | |
| IDYA | F | -0.03% | |
| ASTH | D | -0.03% | |
| ACAD | D | -0.03% | |
| MNKD | C | -0.03% | |
| TNDM | F | -0.03% | |
| SWTX | C | -0.03% | |
| NEO | C | -0.03% | |
| VERA | B | -0.03% | |
| MRUS | F | -0.03% | |
| SUPN | C | -0.03% | |
| SHC | F | -0.03% | |
| AZTA | D | -0.03% | |
| LBPH | A | -0.03% | |
| LGND | B | -0.03% | |
| PRVA | B | -0.03% | |
| UFPT | B | -0.03% | |
| APLS | D | -0.03% | |
| OMCL | C | -0.03% | |
| LFST | C | -0.02% | |
| COLL | F | -0.02% | |
| ANIP | F | -0.02% | |
| BKD | D | -0.02% | |
| ARQT | C | -0.02% | |
| NVAX | F | -0.02% | |
| JANX | C | -0.02% | |
| AMN | F | -0.02% | |
| AORT | B | -0.02% | |
| STAA | F | -0.02% | |
| AMRX | C | -0.02% | |
| IRON | B | -0.02% | |
| PHR | F | -0.02% | |
| INVA | D | -0.02% | |
| PNTG | D | -0.02% | |
| AUPH | B | -0.02% | |
| CDNA | D | -0.02% | |
| ALHC | C | -0.02% | |
| TLRY | F | -0.02% | |
| ARVN | D | -0.02% | |
| CERT | F | -0.02% | |
| MDXG | B | -0.02% | |
| RXRX | F | -0.02% | |
| VRDN | D | -0.02% | |
| HROW | D | -0.02% | |
| SDGR | C | -0.02% | |
| EWTX | C | -0.02% | |
| ARDX | F | -0.02% | |
| TARS | B | -0.02% | |
| NRIX | D | -0.02% | |
| PGNY | F | -0.02% | |
| EVH | F | -0.02% | |
| SNDX | F | -0.02% | |
| CLOV | D | -0.02% | |
| TXG | F | -0.02% | |
| MD | B | -0.02% | |
| SAVA | D | -0.02% | |
| NTLA | F | -0.02% | |
| BCRX | D | -0.02% | |
| HRMY | D | -0.02% | |
| WVE | C | -0.02% | |
| IMVT | F | -0.02% | |
| TVTX | B | -0.02% | |
| USPH | B | -0.02% | |
| MYGN | F | -0.02% | |
| CLDX | F | -0.02% | |
| XNCR | B | -0.02% | |
| KYMR | D | -0.02% | |
| AKRO | B | -0.02% | |
| DVAX | C | -0.02% | |
| MIRM | B | -0.02% | |
| RXST | F | -0.02% | |
| IART | C | -0.02% | |
| PLSE | C | -0.01% | |
| FLGT | F | -0.01% | |
| ALLO | F | -0.01% | |
| URGN | F | -0.01% | |
| TRDA | B | -0.01% | |
| CYRX | F | -0.01% | |
| YMAB | F | -0.01% | |
| TBPH | C | -0.01% | |
| TMCI | D | -0.01% | |
| PHAT | F | -0.01% | |
| OABI | F | -0.01% | |
| GDRX | F | -0.01% | |
| STOK | F | -0.01% | |
| CCRN | F | -0.01% | |
| REPL | B | -0.01% | |
| HUMA | F | -0.01% | |
| PACB | F | -0.01% | |
| IRMD | C | -0.01% | |
| IMNM | F | -0.01% | |
| KIDS | D | -0.01% | |
| ARCT | F | -0.01% | |
| NUVB | C | -0.01% | |
| QTRX | F | -0.01% | |
| RVNC | F | -0.01% | |
| RGNX | F | -0.01% | |
| LQDA | D | -0.01% | |
| MNMD | C | -0.01% | |
| ERAS | C | -0.01% | |
| CYH | F | -0.01% | |
| FNA | C | -0.01% | |
| ELVN | D | -0.01% | |
| SIBN | F | -0.01% | |
| PRTA | F | -0.01% | |
| SLP | D | -0.01% | |
| AGL | F | -0.01% | |
| PAHC | C | -0.01% | |
| ABUS | D | -0.01% | |
| ALT | C | -0.01% | |
| CGEM | F | -0.01% | |
| MRVI | F | -0.01% | |
| MLAB | D | -0.01% | |
| EYPT | F | -0.01% | |
| ETNB | C | -0.01% | |
| CGON | F | -0.01% | |
| COGT | D | -0.01% | |
| EOLS | D | -0.01% | |
| SPRY | D | -0.01% | |
| VREX | C | -0.01% | |
| RLAY | F | -0.01% | |
| IRWD | F | -0.01% | |
| OPK | C | -0.01% | |
| OFIX | B | -0.01% | |
| PLRX | F | -0.01% | |
| VIR | D | -0.01% | |
| CTKB | C | -0.01% | |
| ESTA | D | -0.01% | |
| KURA | F | -0.01% | |
| RCUS | F | -0.01% | |
| CDMO | B | -0.01% | |
| DAWN | F | -0.01% | |
| CSTL | D | -0.01% | |
| PCRX | C | -0.01% | |
| HSTM | B | -0.01% | |
| BLFS | C | -0.01% | |
| EMBC | C | -0.01% | |
| AHCO | F | -0.01% | |
| AVNS | F | -0.01% | |
| RCKT | F | -0.01% | |
| OCUL | D | -0.01% | |
| OMI | F | -0.01% | |
| ATEC | C | -0.01% | |
| LYEL | F | -0.0% | |
| LXRX | F | -0.0% | |
| ITOS | F | -0.0% | |
| TYRA | F | -0.0% | |
| FATE | F | -0.0% | |
| DH | D | -0.0% | |
| EDIT | F | -0.0% | |
| FDMT | F | -0.0% | |
| SAGE | F | -0.0% | |
| ANAB | F | -0.0% | |
| ALEC | F | -0.0% | |
| SANA | F | -0.0% | |
| OLMA | F | -0.0% | |
| SIGA | F | -0.0% | |
| VERV | F | -0.0% | |
| NRC | F | -0.0% | |
| ORIC | F | -0.0% | |
| SVRA | D | -0.0% |
CNEQ: Top Represented Industries & Keywords
Industries:
Semiconductors
Diagnostics & Research
Internet Content & Information
Software - Application
Specialty Retail
Aerospace & Defense
Auto Manufacturers
Capital Markets
Conglomerates
Consumer Electronics
Credit Services
Drug Manufacturers - Major
Health Care Plans
Media - Diversified
Medical Instruments & Supplies
Semiconductor Equipment & Materials
Semiconductor Memory
Software - Infrastructure
Utilities - Renewable
FHLC: Top Represented Industries & Keywords
Industries:
Biotechnology
Diagnostics & Research
Medical Devices
Medical Instruments & Supplies
Drug Manufacturers - Specialty & Generic
Medical Care
Health Information Services
Drug Manufacturers - Major
Health Care Plans
Health Information Services
Medical Distribution
Long-Term Care Facilities
Medical Care Facilities
Healthcare Plans
Packaging & Containers
Conglomerates
Diversified Industrials
Drug Manufacturers - General
Insurance Brokers
Scientific & Technical Instruments
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