CNEQ vs. NWLG ETF Comparison
Comparison of Alger Concentrated Equity ETF (CNEQ) to Nuveen Winslow Large-Cap Growth ESG ETF (NWLG)
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
25
NWLG
Nuveen Winslow Large-Cap Growth ESG ETF
NWLG Description
The investment seeks to provide long-term capital appreciation. The fund invests primarily in exchange-traded equity securities of large-cap U.S. companies that exhibit ESG characteristics. It invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded equity securities of companies with large capitalizations at the time of purchase. The fund may invest up to 20% of its net assets in non-U.S. equity securities listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund.Grade (RS Rating)
Last Trade
$33.65
Average Daily Volume
821
42
Performance
| Period | CNEQ | NWLG |
|---|---|---|
| 30 Days | 6.39% | 3.69% |
| 60 Days | 11.26% | 5.11% |
| 90 Days | 15.00% | 6.29% |
| 12 Months | 36.57% |
11 Overlapping Holdings
| Symbol | Grade | Weight in CNEQ | Weight in NWLG | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 8.58% | 5.8% | 5.8% | |
| AMZN | C | 8.1% | 8.8% | 8.1% | |
| ASML | F | 0.93% | 1.2% | 0.93% | |
| AVGO | D | 3.17% | 2.73% | 2.73% | |
| GOOG | C | 1.98% | 2.8% | 1.98% | |
| ISRG | A | 2.19% | 2.42% | 2.19% | |
| LLY | F | 2.28% | 1.89% | 1.89% | |
| MELI | D | 1.16% | 1.91% | 1.16% | |
| MSFT | F | 13.34% | 12.09% | 12.09% | |
| NFLX | A | 2.0% | 2.02% | 2.0% | |
| NVDA | C | 13.04% | 9.85% | 9.85% |
CNEQ Underweight 31 Positions Relative to NWLG
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | C | -3.26% | |
| TT | A | -2.84% | |
| MA | C | -2.79% | |
| SPOT | B | -2.61% | |
| WDAY | B | -2.31% | |
| INTU | C | -2.1% | |
| KKR | A | -2.07% | |
| ORCL | B | -2.06% | |
| BKNG | A | -2.04% | |
| NOW | A | -1.92% | |
| GE | D | -1.85% | |
| FICO | B | -1.81% | |
| CMG | B | -1.6% | |
| SHOP | B | -1.44% | |
| ANET | C | -1.4% | |
| AMD | F | -1.28% | |
| LRCX | F | -1.27% | |
| SYK | C | -1.2% | |
| ORLY | B | -1.2% | |
| APH | A | -1.15% | |
| FI | A | -1.14% | |
| TXN | C | -1.12% | |
| HLT | A | -1.04% | |
| BSX | B | -0.99% | |
| SNPS | B | -0.99% | |
| VMC | B | -0.96% | |
| ECL | D | -0.96% | |
| WCN | A | -0.9% | |
| ALNY | D | -0.85% | |
| ADBE | C | -0.81% | |
| UBER | D | -0.5% |
CNEQ: Top Represented Industries & Keywords
NWLG: Top Represented Industries & Keywords
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