WEED vs. CPAI ETF Comparison
Comparison of Roundhill Cannabis ETF (WEED) to Counterpoint Quantitative Equity ETF (CPAI)
WEED
Roundhill Cannabis ETF
WEED Description
The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in exchange-listed equity securities and total return swaps intended to provide exposure to the cannabis and hemp ecosystem. Under normal circumstances, at least 80% of the fund?s net assets will be invested in equity securities, including common stock and depositary receipts, of companies and REITs that derive at least 50% of their net revenue from, or invest a majority of their assets in, the cannabis and hemp ecosystem (?Cannabis Companies?). It is non-diversified.
Grade (RS Rating)
Last Trade
$29.62
Average Daily Volume
5,167
1
CPAI
Counterpoint Quantitative Equity ETF
CPAI Description
CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.Grade (RS Rating)
Last Trade
$33.56
Average Daily Volume
5,708
50
Performance
| Period | WEED | CPAI |
|---|---|---|
| 30 Days | 0.53% | 1.52% |
| 60 Days | 10.64% | 4.82% |
| 90 Days | -1.88% | 11.66% |
| 12 Months | 23.92% |
0 Overlapping Holdings
| Symbol | Grade | Weight in WEED | Weight in CPAI | Overlap |
|---|
WEED Overweight 1 Positions Relative to CPAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FIZZ | B | 3.84% |
WEED Underweight 50 Positions Relative to CPAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| TDS | B | -2.39% | |
| TRGP | A | -2.25% | |
| SKYW | A | -2.23% | |
| IAG | B | -2.19% | |
| SFM | A | -2.19% | |
| CLBT | A | -2.17% | |
| CARG | B | -2.14% | |
| EQH | B | -2.14% | |
| OKE | B | -2.12% | |
| UNM | A | -2.09% | |
| BRBR | A | -2.09% | |
| LDOS | A | -2.09% | |
| FTI | B | -2.07% | |
| COR | A | -2.07% | |
| RTX | C | -2.06% | |
| GDDY | A | -2.05% | |
| MSI | B | -2.05% | |
| ORCL | B | -2.04% | |
| FTDR | B | -2.04% | |
| LLY | F | -2.04% | |
| NTGR | A | -2.03% | |
| META | B | -2.02% | |
| WES | D | -2.0% | |
| CAH | B | -2.0% | |
| GOOGL | A | -2.0% | |
| PRM | A | -2.0% | |
| WBA | C | -2.0% | |
| NYT | A | -1.99% | |
| MSFT | D | -1.99% | |
| CNO | A | -1.99% | |
| PBI | A | -1.99% | |
| AAPL | C | -1.99% | |
| VIRT | A | -1.99% | |
| GNW | D | -1.98% | |
| LESL | F | -1.94% | |
| ACIW | C | -1.94% | |
| PAA | D | -1.93% | |
| PAGP | D | -1.92% | |
| HTZ | F | -1.92% | |
| TJX | D | -1.92% | |
| BRC | D | -1.91% | |
| PGR | D | -1.91% | |
| ROST | F | -1.89% | |
| ZIM | A | -1.85% | |
| MHO | D | -1.85% | |
| HCA | D | -1.79% | |
| CVLT | B | -1.76% | |
| UHS | D | -1.73% | |
| THC | C | -1.71% | |
| AGL | F | -1.41% |
WEED: Top Represented Industries & Keywords
CPAI: Top Represented Industries & Keywords
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