NEWZ vs. FXL ETF Comparison

Comparison of StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) to First Trust Technology AlphaDEX (FXL)
NEWZ

StockSnips AI-Powered Sentiment US All Cap ETF

NEWZ Description

NEWZ navigates market complexities through a proprietary news media sentiment signal which combines AI and NLP technologies. This signal is generated from textual sources, such as news articles, blogs, and SEC filings, processed using advanced machine learning algorithms. These algorithms sift through vast amounts of data to assess investor sentiment and identify stocks with the most positive news coverage. The process begins by screening US-listed equity securities based on capitalization, volatility, ROE, news coverage volume, and inclusion in Zacks sector and industry classifications. Selections are made based on the sentiment signal, which also integrates a sentiment momentum signal indicating shifts in investor sentiment over time. After the screening, the portfolio typically comprises the top 30 to 50 stocks, all equally weighted. Throughout this process, the fund prioritizes reliability, gathering information from reputable news outlets such as Zacks, Motley Fool, and CNBC. The fund is rebalanced and reconstituted monthly.

Grade (RS Rating)

Last Trade

$27.60

Average Daily Volume

2,498

Number of Holdings *

30

* may have additional holdings in another (foreign) market
FXL

First Trust Technology AlphaDEX

FXL 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) Technology 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 technology 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

$140.29

Average Daily Volume

18,398

Number of Holdings *

102

* may have additional holdings in another (foreign) market
Performance
Period NEWZ FXL
30 Days -1.56% 2.19%
60 Days -0.29% 3.05%
90 Days 5.36% 11.13%
12 Months 30.34%
7 Overlapping Holdings
Symbol Grade Weight in NEWZ Weight in FXL Overlap
APH B 3.51% 0.67% 0.67%
FTNT B 3.39% 1.3% 1.3%
MANH D 3.98% 1.21% 1.21%
NOW A 4.02% 1.33% 1.33%
NTAP D 3.63% 0.95% 0.95%
ORCL B 2.91% 1.27% 1.27%
PEGA A 3.37% 1.79% 1.79%
NEWZ Overweight 23 Positions Relative to FXL
Symbol Grade Weight
TT C 4.31%
ANET B 3.91%
MSI B 3.8%
VOYA B 3.74%
TAC A 3.72%
EBAY D 3.5%
PAYX B 3.48%
BR C 3.41%
STX D 3.35%
ZTS D 3.29%
UTHR A 3.27%
AIZ D 3.19%
DGX B 3.16%
ANF F 3.13%
TMUS B 3.01%
UL D 2.92%
CL F 2.91%
SHOP B 2.87%
DVA D 2.86%
BRO B 2.86%
PGR D 2.75%
KNSL F 2.75%
BMI D 2.63%
NEWZ Underweight 95 Positions Relative to FXL
Symbol Grade Weight
APP B -1.99%
PLTR B -1.91%
VRT B -1.81%
DASH A -1.75%
TOST A -1.73%
GWRE B -1.68%
IPGP B -1.67%
SMAR A -1.66%
ARW D -1.65%
AVT B -1.63%
META B -1.62%
CTSH D -1.59%
GFS F -1.59%
ON D -1.58%
AMKR F -1.57%
DXC D -1.57%
SWKS F -1.57%
HPE A -1.55%
CNXC F -1.46%
NVDA B -1.44%
DOCU A -1.42%
TYL A -1.31%
ZM A -1.3%
JBL A -1.3%
DOX B -1.28%
GDDY A -1.28%
HPQ B -1.27%
AKAM D -1.27%
DT B -1.26%
SNX C -1.25%
PAYC A -1.24%
AVGO B -1.24%
CRUS F -1.21%
MPWR F -1.21%
INTC C -1.19%
DNB B -1.17%
S B -1.07%
TWLO A -1.07%
CACI A -1.07%
RNG A -1.06%
PANW B -1.05%
NTNX B -1.03%
SAIC A -1.01%
DELL A -1.0%
IT C -1.0%
SSNC D -0.99%
DBX A -0.99%
HCP A -0.98%
QCOM D -0.97%
MTCH C -0.97%
AAPL C -0.97%
FFIV A -0.95%
EPAM F -0.94%
DLB B -0.93%
AMAT F -0.89%
MSTR B -0.87%
GLOB B -0.69%
SMCI F -0.69%
DAY A -0.66%
ADSK B -0.65%
CRM A -0.65%
KBR B -0.64%
LSCC C -0.63%
IBM C -0.62%
DV F -0.62%
TXN A -0.62%
ROP D -0.61%
VRSN F -0.61%
ONTO F -0.61%
GOOGL A -0.61%
OLED F -0.6%
IAC F -0.6%
MCHP F -0.59%
U C -0.56%
TER F -0.51%
DDOG B -0.34%
GTLB A -0.34%
CRWD C -0.34%
NET B -0.34%
KD D -0.33%
INFA C -0.33%
PSTG D -0.33%
MU C -0.32%
GLW A -0.32%
GEN A -0.31%
MSFT D -0.31%
ADI C -0.31%
PYCR B -0.31%
ANSS C -0.31%
CDW F -0.3%
WDAY F -0.3%
ALGM F -0.29%
AMD F -0.29%
KLAC F -0.27%
APPF D -0.25%
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