ABEQ vs. FOVL ETF Comparison
Comparison of Absolute Core Strategy ETF (ABEQ) to iShares Focused Value Factor ETF (FOVL)
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
$30.12
Average Daily Volume
5,097
15
FOVL
iShares Focused Value Factor ETF
FOVL Description
The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.Grade (RS Rating)
Last Trade
$59.36
Average Daily Volume
7,967
40
Performance
| Period | ABEQ | FOVL |
|---|---|---|
| 30 Days | -0.95% | -0.78% |
| 60 Days | -0.36% | -2.49% |
| 90 Days | -0.18% | -3.40% |
| 12 Months | 9.37% | 16.69% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ABEQ | Weight in FOVL | Overlap |
|---|
ABEQ Underweight 40 Positions Relative to FOVL
| Symbol | Grade | Weight | |
|---|---|---|---|
| IBKR | B | -3.32% | |
| TOL | D | -3.27% | |
| SF | B | -3.17% | |
| PNFP | D | -3.17% | |
| FYBR | B | -3.16% | |
| JPM | B | -3.12% | |
| SNV | B | -2.99% | |
| WTM | D | -2.95% | |
| AXS | C | -2.95% | |
| COF | D | -2.84% | |
| HPE | C | -2.83% | |
| JHG | B | -2.78% | |
| ORI | D | -2.76% | |
| WLK | D | -2.72% | |
| FNB | C | -2.69% | |
| T | B | -2.69% | |
| CNA | B | -2.68% | |
| FHB | C | -2.59% | |
| KMI | B | -2.59% | |
| WBS | D | -2.59% | |
| DFS | B | -2.52% | |
| LPX | D | -2.47% | |
| UNM | D | -2.37% | |
| LYB | D | -2.35% | |
| AMG | D | -2.34% | |
| PFG | D | -2.32% | |
| BLDR | F | -2.29% | |
| CUZ | D | -2.28% | |
| STT | C | -2.27% | |
| AN | D | -2.18% | |
| NUE | F | -2.17% | |
| AGR | C | -2.12% | |
| PNW | C | -2.11% | |
| CLF | D | -2.07% | |
| Z | C | -2.07% | |
| THO | D | -2.03% | |
| SNDR | B | -1.89% | |
| ALK | F | -1.71% | |
| LSXMK | C | -1.53% | |
| LLYVK | C | -0.66% |
ABEQ: Top Represented Industries & Keywords
FOVL: Top Represented Industries & Keywords
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