ABEQ vs. DIVP ETF Comparison
Comparison of Absolute Core Strategy ETF (ABEQ) to Cullen Enhanced Equity Income ETF (DIVP)
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
$32.59
Average Daily Volume
6,031
19
DIVP
Cullen Enhanced Equity Income ETF
DIVP Description
DIVP invests in large- and mid-cap value stocks that generally have higher dividend yield than the average of the funds US benchmark. The fund identifies value stocks that have low price-to-earnings ratio with above-average earnings and dividend growth potential. Companies are screened using fundamental research. The fund may invest up to 30% in non-US companies in the form of ADRs. While the portfolio is not rebalanced systematically, weighting is roughly equal to avoid overweighting of individual securities. To generate additional income, the fund selectively writes covered call options with a target range of between 25-40%. However, the covered call overlay limits participation in potential gains if shares increase in value. The adviser may sell stocks that are no longer viewed as attractive based on growth potential, dividend yield, or price. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time.Grade (RS Rating)
Last Trade
$26.60
Average Daily Volume
1,531
32
Performance
| Period | ABEQ | DIVP |
|---|---|---|
| 30 Days | -2.01% | -1.30% |
| 60 Days | -0.02% | 0.67% |
| 90 Days | 1.98% | 3.54% |
| 12 Months | 19.58% |
ABEQ Underweight 25 Positions Relative to DIVP
| Symbol | Grade | Weight | |
|---|---|---|---|
| BMY | A | -3.82% | |
| VICI | C | -3.77% | |
| DUK | C | -3.6% | |
| PPL | A | -3.49% | |
| CVX | A | -3.39% | |
| PM | A | -3.34% | |
| CAG | F | -3.34% | |
| TFC | A | -3.33% | |
| C | B | -3.33% | |
| BAC | A | -3.23% | |
| XOM | B | -3.22% | |
| KVUE | A | -3.18% | |
| DOC | D | -3.03% | |
| BAX | F | -3.03% | |
| SYY | D | -2.99% | |
| RTX | D | -2.91% | |
| IBM | C | -2.66% | |
| MO | A | -2.63% | |
| JCI | B | -2.45% | |
| JPM | A | -2.35% | |
| DOW | F | -2.3% | |
| GD | D | -2.12% | |
| RIO | D | -2.01% | |
| GPC | F | -1.8% | |
| UPS | C | -1.76% |
ABEQ: Top Represented Industries & Keywords
DIVP: Top Represented Industries & Keywords
Compare ETFs
