NEWZ vs. UGE ETF Comparison
Comparison of StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) to ProShares Ultra Consumer Goods (UGE)
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
$27.96
Average Daily Volume
2,342
30
UGE
ProShares Ultra Consumer Goods
UGE Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Consumer GoodsSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index measures the performance of consumer spending in the goods sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$18.88
Average Daily Volume
13,309
37
Performance
| Period | NEWZ | UGE |
|---|---|---|
| 30 Days | -1.84% | -3.35% |
| 60 Days | 2.81% | -6.67% |
| 90 Days | 6.76% | 4.10% |
| 12 Months | 32.72% |
1 Overlapping Holdings
| Symbol | Grade | Weight in NEWZ | Weight in UGE | Overlap | |
|---|---|---|---|---|---|
| CL | F | 2.79% | 2.88% | 2.79% |
NEWZ Overweight 29 Positions Relative to UGE
| Symbol | Grade | Weight | |
|---|---|---|---|
| NOW | A | 4.25% | |
| TT | C | 4.17% | |
| PEGA | A | 4.0% | |
| ANET | A | 3.98% | |
| MANH | D | 3.95% | |
| TAC | A | 3.84% | |
| MSI | B | 3.76% | |
| VOYA | B | 3.73% | |
| NTAP | D | 3.6% | |
| APH | B | 3.54% | |
| UTHR | A | 3.53% | |
| PAYX | B | 3.48% | |
| BR | C | 3.38% | |
| FTNT | B | 3.38% | |
| STX | D | 3.27% | |
| EBAY | D | 3.25% | |
| ZTS | F | 3.23% | |
| AIZ | D | 3.21% | |
| DGX | B | 3.18% | |
| TMUS | B | 3.1% | |
| UL | D | 3.0% | |
| ORCL | B | 2.9% | |
| SHOP | B | 2.89% | |
| BRO | A | 2.86% | |
| ANF | F | 2.83% | |
| PGR | D | 2.75% | |
| BMI | C | 2.67% | |
| KNSL | F | 2.6% | |
| DVA | D | 2.53% |
NEWZ Underweight 36 Positions Relative to UGE
| Symbol | Grade | Weight | |
|---|---|---|---|
| PG | D | -6.47% | |
| COST | D | -6.41% | |
| WMT | A | -5.84% | |
| KO | D | -4.23% | |
| PEP | D | -3.83% | |
| PM | B | -3.35% | |
| MO | A | -2.88% | |
| MDLZ | F | -2.84% | |
| TGT | D | -2.65% | |
| KMB | D | -1.76% | |
| KVUE | A | -1.67% | |
| GIS | D | -1.45% | |
| MNST | A | -1.44% | |
| STZ | F | -1.44% | |
| KR | B | -1.43% | |
| KDP | F | -1.41% | |
| SYY | C | -1.39% | |
| KHC | F | -1.18% | |
| ADM | F | -1.03% | |
| HSY | F | -1.02% | |
| CHD | B | -0.96% | |
| K | A | -0.83% | |
| EL | F | -0.79% | |
| MKC | D | -0.76% | |
| CLX | B | -0.75% | |
| DG | F | -0.68% | |
| TSN | D | -0.64% | |
| CAG | F | -0.54% | |
| DLTR | F | -0.52% | |
| BG | F | -0.49% | |
| SJM | F | -0.48% | |
| LW | C | -0.42% | |
| TAP | B | -0.38% | |
| CPB | D | -0.35% | |
| HRL | F | -0.34% | |
| WBA | C | -0.25% |
NEWZ: Top Represented Industries & Keywords
UGE: Top Represented Industries & Keywords
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