MEDX vs. GRID ETF Comparison
Comparison of Horizon Kinetics Medical ETF (MEDX) to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)
MEDX
Horizon Kinetics Medical ETF
MEDX Description
The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$27.81
Average Daily Volume
1,083
32
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID 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 NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.Grade (RS Rating)
Last Trade
$125.46
Average Daily Volume
118,376
44
Performance
Period | MEDX | GRID |
---|---|---|
30 Days | -8.29% | 1.39% |
60 Days | -10.35% | -0.51% |
90 Days | -12.38% | 3.22% |
12 Months | -2.56% | 32.01% |
1 Overlapping Holdings
Symbol | Grade | Weight in MEDX | Weight in GRID | Overlap | |
---|---|---|---|---|---|
ABBV | D | 7.81% | 7.75% | 7.75% |
MEDX Overweight 31 Positions Relative to GRID
Symbol | Grade | Weight | |
---|---|---|---|
LLY | F | 15.83% | |
BMY | B | 6.23% | |
AMGN | D | 5.96% | |
NVS | D | 5.95% | |
AZN | D | 4.86% | |
JNJ | D | 4.65% | |
ALNY | D | 4.45% | |
PFE | D | 4.04% | |
MRK | F | 3.96% | |
ALKS | B | 3.91% | |
REGN | F | 3.38% | |
BIIB | F | 3.08% | |
CRSP | D | 2.97% | |
IONS | F | 2.78% | |
GSK | F | 2.32% | |
BCYC | F | 1.95% | |
BEAM | D | 1.51% | |
NTLA | F | 1.3% | |
REPL | B | 0.98% | |
GALT | C | 0.89% | |
HLN | D | 0.79% | |
VNDA | C | 0.79% | |
LTRN | F | 0.6% | |
EDIT | F | 0.53% | |
GEHC | F | 0.48% | |
TSVT | F | 0.41% | |
ALLO | F | 0.28% | |
VTRS | A | 0.27% | |
PACB | F | 0.13% | |
BLUE | F | 0.08% | |
MURA | D | 0.05% |
MEDX Underweight 43 Positions Relative to GRID
Symbol | Grade | Weight | |
---|---|---|---|
ETN | A | -9.28% | |
JCI | C | -9.12% | |
PWR | A | -4.63% | |
HUBB | B | -4.04% | |
TSLA | B | -2.86% | |
NVDA | C | -2.42% | |
ORCL | B | -2.21% | |
APTV | D | -2.07% | |
NVT | B | -1.81% | |
CSCO | B | -1.62% | |
ENPH | F | -1.37% | |
IBM | C | -1.34% | |
TXN | C | -1.31% | |
QCOM | F | -1.27% | |
HON | B | -1.11% | |
ITRI | B | -0.77% | |
ADI | D | -0.74% | |
GEV | B | -0.61% | |
AEIS | B | -0.56% | |
EMR | A | -0.55% | |
ATKR | C | -0.52% | |
NXPI | D | -0.36% | |
MYRG | B | -0.33% | |
FLNC | C | -0.19% | |
AMSC | B | -0.18% | |
TRMB | B | -0.12% | |
SEDG | F | -0.11% | |
WLDN | D | -0.1% | |
GNRC | B | -0.08% | |
AES | F | -0.06% | |
MTZ | B | -0.06% | |
PLPC | B | -0.06% | |
WCC | B | -0.06% | |
VMI | B | -0.05% | |
LFUS | F | -0.04% | |
ENS | D | -0.03% | |
BDC | B | -0.03% | |
ACA | A | -0.03% | |
ESE | B | -0.02% | |
DGII | B | -0.01% | |
AZZ | B | -0.01% | |
STM | F | -0.01% | |
EBR | F | -0.0% |
MEDX: Top Represented Industries & Keywords
GRID: Top Represented Industries & Keywords