SETM vs. ABEQ ETF Comparison
Comparison of Sprott Energy Transition Materials ETF (SETM) to Absolute Core Strategy ETF (ABEQ)
SETM
Sprott Energy Transition Materials ETF
SETM Description
The fund invests at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from (i) mining, exploration, development, production, recycling, refining, or smelting of energy transition materials; (ii) investments in energy transition materials that represent all or a significant portion of their assets. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$17.76
Average Daily Volume
17,248
16
ABEQ
Absolute Core Strategy ETF
ABEQ Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$33.06
Average Daily Volume
5,950
19
Performance
| Period | SETM | ABEQ |
|---|---|---|
| 30 Days | -6.43% | -0.61% |
| 60 Days | 10.56% | 0.76% |
| 90 Days | 7.76% | 1.75% |
| 12 Months | 9.13% | 19.75% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SETM | Weight in ABEQ | Overlap |
|---|
SETM Underweight 19 Positions Relative to ABEQ
SETM: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords
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