FTXG vs. ABEQ ETF Comparison
Comparison of First Trust Nasdaq Food & Beverage ETF (FTXG) to Absolute Core Strategy ETF (ABEQ)
FTXG
First Trust Nasdaq Food & Beverage ETF
FTXG Description
The First Trust Nasdaq Food & Beverage ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Food & Beverage Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Food & Beverage Index as to generate performance results 95% correlated to that of the Nasdaq US Smart Food & Beverage Index.
Grade (RS Rating)
Last Trade
$24.50
Average Daily Volume
18,946
29
ABEQ
Absolute Core Strategy ETF
ABEQ Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$29.90
Average Daily Volume
6,552
15
Performance
| Period | FTXG | ABEQ |
|---|---|---|
| 30 Days | -1.21% | -0.96% |
| 60 Days | 3.51% | 3.61% |
| 90 Days | 3.76% | 4.50% |
| 12 Months | -7.09% | 5.20% |
1 Overlapping Holdings
| Symbol | Grade | Weight in FTXG | Weight in ABEQ | Overlap | |
|---|---|---|---|---|---|
| CTVA | C | 3.97% | 2.99% | 2.99% |
FTXG Overweight 28 Positions Relative to ABEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| ADM | B | 9.06% | |
| PEP | A | 8.22% | |
| KHC | A | 8.11% | |
| KO | A | 7.77% | |
| MDLZ | B | 7.31% | |
| TSN | A | 4.3% | |
| GIS | A | 4.27% | |
| STZ | A | 4.02% | |
| TAP | D | 3.98% | |
| HSY | F | 3.82% | |
| CAG | A | 3.74% | |
| K | A | 3.65% | |
| MNST | D | 3.32% | |
| KDP | A | 2.93% | |
| MKC | A | 2.84% | |
| USFD | C | 2.4% | |
| CPB | A | 2.4% | |
| HRL | A | 2.26% | |
| INGR | C | 2.2% | |
| COKE | C | 1.77% | |
| POST | B | 1.69% | |
| LW | D | 1.58% | |
| CALM | B | 1.35% | |
| BRBR | C | 0.51% | |
| SMPL | C | 0.45% | |
| LANC | D | 0.43% | |
| FIZZ | F | 0.41% | |
| CELH | C | 0.41% |
FTXG: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords
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