CPAI vs. PTEC ETF Comparison
Comparison of Counterpoint Quantitative Equity ETF (CPAI) to Global X PropTech ETF (PTEC)
CPAI
Counterpoint Quantitative Equity ETF
CPAI Description
CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.
Grade (RS Rating)
Last Trade
$33.56
Average Daily Volume
5,708
50
PTEC
Global X PropTech ETF
PTEC Description
The fund invests at least 80% of its net assets, plus borrowings for investments purposes (if any), in the securities of the Global X PropTech Index, which may include common stocks, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is owned and was developed by Global X Management Company LLC, an affiliate of the fund and the fund's investment adviser. The fund is non-diversified.Grade (RS Rating)
Last Trade
$33.22
Average Daily Volume
93
17
Performance
| Period | CPAI | PTEC |
|---|---|---|
| 30 Days | 1.52% | -3.26% |
| 60 Days | 4.82% | 5.26% |
| 90 Days | 11.66% | 10.40% |
| 12 Months | 37.73% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CPAI | Weight in PTEC | Overlap |
|---|
CPAI Overweight 50 Positions Relative to PTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| TDS | B | 2.39% | |
| TRGP | A | 2.25% | |
| SKYW | A | 2.23% | |
| IAG | B | 2.19% | |
| SFM | A | 2.19% | |
| CLBT | A | 2.17% | |
| CARG | B | 2.14% | |
| EQH | B | 2.14% | |
| OKE | B | 2.12% | |
| UNM | A | 2.09% | |
| BRBR | A | 2.09% | |
| LDOS | A | 2.09% | |
| FTI | B | 2.07% | |
| COR | A | 2.07% | |
| RTX | C | 2.06% | |
| GDDY | A | 2.05% | |
| MSI | B | 2.05% | |
| ORCL | B | 2.04% | |
| FTDR | B | 2.04% | |
| LLY | F | 2.04% | |
| NTGR | A | 2.03% | |
| META | B | 2.02% | |
| WES | D | 2.0% | |
| CAH | B | 2.0% | |
| GOOGL | A | 2.0% | |
| PRM | A | 2.0% | |
| WBA | C | 2.0% | |
| NYT | A | 1.99% | |
| MSFT | D | 1.99% | |
| CNO | A | 1.99% | |
| PBI | A | 1.99% | |
| AAPL | C | 1.99% | |
| VIRT | A | 1.99% | |
| GNW | D | 1.98% | |
| LESL | F | 1.94% | |
| ACIW | C | 1.94% | |
| PAA | D | 1.93% | |
| PAGP | D | 1.92% | |
| HTZ | F | 1.92% | |
| TJX | D | 1.92% | |
| BRC | D | 1.91% | |
| PGR | D | 1.91% | |
| ROST | F | 1.89% | |
| ZIM | A | 1.85% | |
| MHO | D | 1.85% | |
| HCA | D | 1.79% | |
| CVLT | B | 1.76% | |
| UHS | D | 1.73% | |
| THC | C | 1.71% | |
| AGL | F | 1.41% |
CPAI: Top Represented Industries & Keywords
PTEC: Top Represented Industries & Keywords
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