FXG vs. ABEQ ETF Comparison
Comparison of First Trust Cons. Staples AlphaDEX (FXG) to Absolute Core Strategy ETF (ABEQ)
FXG
First Trust Cons. Staples AlphaDEX
FXG Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Consumer Staples Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the consumer staples sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.
Grade (RS Rating)
Last Trade
$68.43
Average Daily Volume
24,479
39
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
$32.85
Average Daily Volume
5,950
19
Performance
Period | FXG | ABEQ |
---|---|---|
30 Days | 2.02% | -0.61% |
60 Days | 1.28% | 0.76% |
90 Days | 1.22% | 1.75% |
12 Months | 13.79% | 19.75% |
FXG Overweight 37 Positions Relative to ABEQ
Symbol | Grade | Weight | |
---|---|---|---|
PPC | C | 4.74% | |
DAR | C | 4.68% | |
TAP | C | 4.6% | |
INGR | C | 4.52% | |
PFGC | B | 4.51% | |
LW | C | 4.1% | |
FRPT | B | 3.72% | |
BG | D | 3.71% | |
ADM | D | 3.59% | |
CVS | D | 3.57% | |
KR | B | 3.44% | |
ACI | C | 3.42% | |
SPB | C | 3.26% | |
POST | C | 3.13% | |
SJM | D | 3.04% | |
KHC | F | 3.03% | |
GO | C | 2.7% | |
CASY | A | 2.7% | |
MO | A | 2.69% | |
HRL | D | 2.38% | |
STZ | D | 2.32% | |
REYN | D | 2.2% | |
GIS | D | 2.19% | |
CL | D | 2.18% | |
SAM | C | 1.85% | |
COR | B | 1.84% | |
USFD | A | 1.8% | |
TSN | B | 1.76% | |
KDP | F | 1.48% | |
KO | D | 1.45% | |
CLX | A | 0.84% | |
SYY | D | 0.81% | |
FLO | D | 0.78% | |
KMB | C | 0.77% | |
COKE | C | 0.77% | |
CPB | D | 0.75% | |
MDLZ | F | 0.74% |
FXG: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords