RNEW vs. FXZ ETF Comparison
Comparison of VanEck Green Infrastructure ETF (RNEW) to First Trust Materials AlphaDEX Fund (FXZ)
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.29
Average Daily Volume
132
39
FXZ
First Trust Materials AlphaDEX Fund
FXZ 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) Materials 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 materials and processing 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
$64.85
Average Daily Volume
26,530
36
Performance
Period | RNEW | FXZ |
---|---|---|
30 Days | 4.52% | -2.55% |
60 Days | 1.13% | 0.78% |
90 Days | -0.95% | -0.44% |
12 Months | 12.92% | 5.11% |
1 Overlapping Holdings
Symbol | Grade | Weight in RNEW | Weight in FXZ | Overlap | |
---|---|---|---|---|---|
ECL | D | 5.24% | 2.92% | 2.92% |
RNEW Overweight 38 Positions Relative to FXZ
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | 9.97% | |
LNG | A | 6.86% | |
PWR | A | 6.03% | |
CLH | C | 6.0% | |
RSG | A | 5.71% | |
WM | B | 5.62% | |
DCI | B | 4.93% | |
RIVN | F | 4.73% | |
BWA | D | 4.14% | |
FSLR | F | 3.26% | |
CWST | A | 3.22% | |
IDA | A | 3.11% | |
ITRI | C | 2.99% | |
SWX | B | 2.9% | |
LCID | F | 2.83% | |
ORA | B | 2.65% | |
ENPH | F | 2.39% | |
NWE | C | 1.77% | |
BE | B | 1.62% | |
CWEN | C | 1.21% | |
RUN | F | 1.19% | |
NFE | D | 1.05% | |
NEP | F | 0.85% | |
PLUG | F | 0.77% | |
SPH | C | 0.63% | |
ERII | F | 0.6% | |
ARRY | F | 0.53% | |
SHLS | F | 0.52% | |
AMRC | D | 0.52% | |
REX | D | 0.45% | |
MNTK | F | 0.4% | |
MEG | F | 0.39% | |
GPRE | F | 0.38% | |
CLNE | F | 0.36% | |
AMPS | C | 0.29% | |
CHPT | F | 0.27% | |
NOVA | F | 0.23% | |
SES | F | 0.06% |
RNEW Underweight 35 Positions Relative to FXZ
Symbol | Grade | Weight | |
---|---|---|---|
STLD | B | -5.6% | |
RS | B | -5.43% | |
X | B | -5.13% | |
NUE | C | -4.95% | |
LYB | F | -4.36% | |
FMC | D | -4.18% | |
CF | A | -4.11% | |
NEU | D | -4.03% | |
MOS | F | -3.99% | |
EMN | C | -3.68% | |
TKR | D | -3.63% | |
IP | A | -3.58% | |
ASH | F | -3.58% | |
CLF | F | -3.5% | |
APD | A | -3.24% | |
RGLD | C | -3.04% | |
CC | C | -2.82% | |
CE | F | -2.75% | |
OLN | F | -2.62% | |
WLK | D | -2.56% | |
FAST | B | -2.32% | |
ESI | B | -2.09% | |
LIN | C | -1.91% | |
AVY | F | -1.81% | |
SCCO | F | -1.75% | |
FCX | F | -1.73% | |
HUN | F | -1.64% | |
AA | A | -1.01% | |
ALB | B | -0.97% | |
RBC | A | -0.93% | |
MP | C | -0.92% | |
HXL | F | -0.85% | |
SMG | C | -0.76% | |
IFF | D | -0.73% | |
NEM | D | -0.68% |
RNEW: Top Represented Industries & Keywords
FXZ: Top Represented Industries & Keywords