RATE vs. FTXO ETF Comparison
Comparison of Global X Interest Rate Hedge ETF (RATE) to First Trust Nasdaq Bank ETF (FTXO)
RATE
Global X Interest Rate Hedge ETF
RATE Description
The fund is an actively managed exchange traded fund that seeks to achieve its investment objective primarily by investing in (1) long put options position(s) on exchange traded funds that primarily invest in U.S. Treasuries and/or long put options position(s) on U.S. Treasury futures, and/or (2) long interest rate payer swap options ("swaptions"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$19.78
Average Daily Volume
2,016
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
FTXO
First Trust Nasdaq Bank ETF
FTXO 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 US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.Grade (RS Rating)
Last Trade
$34.32
Average Daily Volume
39,712
Number of Holdings
*
50
* may have additional holdings in another (foreign) market
Performance
| Period | RATE | FTXO |
|---|---|---|
| 30 Days | 2.84% | 11.18% |
| 60 Days | 14.92% | 14.73% |
| 90 Days | 8.93% | 18.47% |
| 12 Months | -3.92% | 58.97% |
0 Overlapping Holdings
| Symbol | Grade | Weight in RATE | Weight in FTXO | Overlap |
|---|
RATE Overweight 1 Positions Relative to FTXO
| Symbol | Grade | Weight | |
|---|---|---|---|
| CLIP | A | 82.29% |
RATE Underweight 50 Positions Relative to FTXO
| Symbol | Grade | Weight | |
|---|---|---|---|
| WFC | A | -8.67% | |
| BAC | A | -7.85% | |
| C | B | -7.58% | |
| JPM | B | -7.5% | |
| USB | A | -7.42% | |
| MTB | A | -4.32% | |
| PNC | B | -3.91% | |
| CFG | B | -3.77% | |
| HBAN | B | -3.72% | |
| FCNCA | A | -3.69% | |
| FITB | B | -3.54% | |
| RF | A | -3.32% | |
| KEY | B | -2.55% | |
| WBS | A | -1.98% | |
| FHN | B | -1.93% | |
| EWBC | A | -1.6% | |
| PB | B | -1.48% | |
| PNFP | B | -1.35% | |
| WAL | B | -1.22% | |
| COLB | B | -1.16% | |
| ZION | B | -1.15% | |
| SSB | B | -1.14% | |
| WTFC | B | -1.13% | |
| ONB | B | -1.1% | |
| BOKF | B | -1.05% | |
| SNV | B | -1.04% | |
| OZK | B | -0.99% | |
| UBSI | B | -0.97% | |
| BPOP | C | -0.9% | |
| CFR | B | -0.83% | |
| HWC | B | -0.79% | |
| HOMB | B | -0.78% | |
| ABCB | B | -0.73% | |
| UMBF | B | -0.69% | |
| CBSH | B | -0.62% | |
| CATY | B | -0.6% | |
| SFBS | B | -0.52% | |
| IBOC | B | -0.52% | |
| FULT | B | -0.52% | |
| BANF | B | -0.51% | |
| BKU | A | -0.51% | |
| AX | B | -0.51% | |
| CBU | B | -0.5% | |
| FFIN | B | -0.5% | |
| FFBC | B | -0.49% | |
| WSFS | B | -0.49% | |
| PRK | B | -0.49% | |
| TBBK | B | -0.46% | |
| WAFD | B | -0.45% | |
| FBP | B | -0.43% |
RATE: Top Represented Industries & Keywords
Industries:
FTXO: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Banks - Global
Savings & Cooperative Banks
Keywords:
Bank
Banking
Commercial Banking
Deposit Products
Commercial Bank
Cash Management
Real Estate Loans
Cash Management Services
Trust Services
S&P 500
Individual Retirement Account
Internet Banking
Investment Bank
Banking Services
Deposit Services
Financial Products
Wealth Management Services
Asset Management Services
Investment Banking
Mobile Banking
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