MLPA vs. FFTY ETF Comparison
Comparison of Global X MLP ETF (MLPA) to Innovator IBD 50 Fund ETF (FFTY)
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$47.50
Average Daily Volume
81,309
18
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.Grade (RS Rating)
Last Trade
$26.80
Average Daily Volume
53,523
50
Performance
| Period | MLPA | FFTY |
|---|---|---|
| 30 Days | -2.02% | -1.14% |
| 60 Days | -0.38% | 8.29% |
| 90 Days | 2.06% | 8.68% |
| 12 Months | 11.71% | 25.44% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MLPA | Weight in FFTY | Overlap |
|---|
MLPA Underweight 50 Positions Relative to FFTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| HIMS | B | -3.77% | |
| POWL | A | -3.6% | |
| NVDA | B | -3.59% | |
| VRT | B | -3.58% | |
| STRL | B | -3.57% | |
| FIX | B | -3.52% | |
| PLTR | B | -3.47% | |
| ATAT | B | -3.46% | |
| DOCS | A | -3.28% | |
| ARM | C | -3.22% | |
| CLS | A | -3.21% | |
| YOU | B | -3.09% | |
| NTRA | C | -3.05% | |
| BWIN | D | -3.0% | |
| ANET | A | -3.0% | |
| EME | A | -2.99% | |
| HROW | C | -2.95% | |
| DUOL | A | -2.92% | |
| BGNE | C | -2.79% | |
| ADMA | B | -2.77% | |
| IOT | C | -2.07% | |
| MNDY | B | -2.05% | |
| CWAN | B | -2.03% | |
| RCL | A | -2.01% | |
| FTAI | B | -2.01% | |
| RYAN | B | -1.99% | |
| LNTH | A | -1.99% | |
| IBKR | A | -1.99% | |
| AXON | B | -1.99% | |
| ONON | D | -1.92% | |
| AFRM | A | -1.12% | |
| TT | C | -1.0% | |
| MELI | B | -1.0% | |
| VITL | C | -0.99% | |
| TW | B | -0.99% | |
| NOW | A | -0.99% | |
| FOUR | B | -0.99% | |
| TVTX | A | -0.98% | |
| HWM | B | -0.97% | |
| NFLX | A | -0.96% | |
| PACS | C | -0.51% | |
| KVYO | A | -0.51% | |
| FTNT | B | -0.51% | |
| ALNY | C | -0.51% | |
| AGX | A | -0.5% | |
| DY | D | -0.49% | |
| DECK | A | -0.49% | |
| AMSC | A | -0.49% | |
| TOST | A | -0.48% | |
| ZETA | C | -0.46% |
MLPA: Top Represented Industries & Keywords
FFTY: Top Represented Industries & Keywords
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