IHI vs. ABEQ ETF Comparison
Comparison of iShares U.S. Medical Devices ETF (IHI) to Absolute Core Strategy ETF (ABEQ)
IHI
iShares U.S. Medical Devices ETF
IHI Description
The investment seeks to track the investment results of an index composed of U.S. equities in the medical devices sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Medical Equipment Index (the "underlying index"), which measures the performance of the medical equipment sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$55.02
Average Daily Volume
1,150,649
52
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
$29.50
Average Daily Volume
5,300
15
Performance
| Period | IHI | ABEQ |
|---|---|---|
| 30 Days | -4.91% | -2.97% |
| 60 Days | -4.13% | 1.64% |
| 90 Days | -2.69% | 2.18% |
| 12 Months | -1.54% | 3.83% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IHI | Weight in ABEQ | Overlap | |
|---|---|---|---|---|---|
| MDT | C | 4.98% | 4.43% | 4.43% |
IHI Overweight 51 Positions Relative to ABEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| ABT | D | 16.99% | |
| ISRG | C | 11.77% | |
| SYK | D | 10.04% | |
| BSX | A | 4.76% | |
| BDX | F | 4.74% | |
| DXCM | D | 4.66% | |
| EW | D | 4.64% | |
| GEHC | D | 4.52% | |
| IDXX | D | 4.07% | |
| RMD | A | 3.43% | |
| ZBH | D | 3.25% | |
| BAX | C | 2.61% | |
| STE | D | 2.57% | |
| HOLX | A | 2.3% | |
| SWAV | A | 1.58% | |
| PODD | D | 1.51% | |
| TFX | D | 1.26% | |
| PEN | D | 1.02% | |
| INSP | A | 0.88% | |
| MASI | D | 0.78% | |
| GMED | D | 0.76% | |
| GKOS | A | 0.61% | |
| ITGR | B | 0.51% | |
| NVST | F | 0.45% | |
| IRTC | B | 0.45% | |
| AXNX | B | 0.44% | |
| LIVN | A | 0.37% | |
| TMDX | A | 0.36% | |
| ENOV | D | 0.36% | |
| PRCT | A | 0.29% | |
| CNMD | F | 0.29% | |
| NARI | D | 0.26% | |
| TNDM | A | 0.26% | |
| QDEL | F | 0.25% | |
| IART | F | 0.25% | |
| OMCL | F | 0.17% | |
| ATEC | D | 0.16% | |
| LMAT | B | 0.16% | |
| NVCR | F | 0.15% | |
| ATRC | F | 0.14% | |
| AORT | B | 0.1% | |
| SILK | B | 0.09% | |
| VREX | F | 0.09% | |
| SIBN | F | 0.07% | |
| NVRO | F | 0.06% | |
| TMCI | F | 0.06% | |
| OFIX | F | 0.06% | |
| FNA | D | 0.05% | |
| SRDX | B | 0.05% | |
| AXGN | F | 0.04% | |
| SENS | F | 0.03% |
IHI: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords
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