ABEQ vs. IEO ETF Comparison
Comparison of Absolute Core Strategy ETF (ABEQ) to iShares U.S. Oil & Gas Exploration & Production ETF (IEO)
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
$32.53
Average Daily Volume
5,402
15
IEO
iShares U.S. Oil & Gas Exploration & Production ETF
IEO Description
The investment seeks to track the investment results of an index composed of U.S. equities in the oil and gas exploration and production sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Oil Exploration & Production Index (the "underlying index"), which measures the performance of the oil exploration and production sub-sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$98.06
Average Daily Volume
86,400
47
Performance
| Period | ABEQ | IEO |
|---|---|---|
| 30 Days | 0.14% | 6.49% |
| 60 Days | 6.37% | 8.63% |
| 90 Days | 7.99% | 0.29% |
| 12 Months | 22.21% | 10.83% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ABEQ | Weight in IEO | Overlap | |
|---|---|---|---|---|---|
| EOG | B | 3.21% | 10.73% | 3.21% |
ABEQ Underweight 46 Positions Relative to IEO
| Symbol | Grade | Weight | |
|---|---|---|---|
| COP | D | -18.74% | |
| MPC | D | -8.44% | |
| PSX | D | -6.63% | |
| FANG | D | -4.59% | |
| HES | D | -4.57% | |
| VLO | F | -4.42% | |
| DVN | F | -4.21% | |
| EQT | C | -3.88% | |
| CTRA | D | -3.14% | |
| TPL | A | -2.99% | |
| MRO | B | -2.65% | |
| OVV | D | -1.81% | |
| CHK | C | -1.65% | |
| APA | F | -1.62% | |
| PR | D | -1.53% | |
| AR | C | -1.5% | |
| CHRD | F | -1.45% | |
| SWN | D | -1.41% | |
| RRC | D | -1.33% | |
| DINO | F | -1.31% | |
| MTDR | D | -1.02% | |
| CNX | A | -0.85% | |
| MUR | F | -0.85% | |
| CIVI | F | -0.83% | |
| MGY | B | -0.82% | |
| VNOM | A | -0.81% | |
| SM | D | -0.81% | |
| CRC | B | -0.64% | |
| NOG | D | -0.63% | |
| PBF | F | -0.56% | |
| GPOR | B | -0.34% | |
| WKC | A | -0.33% | |
| KOS | F | -0.33% | |
| STR | D | -0.3% | |
| CRGY | B | -0.3% | |
| TALO | D | -0.23% | |
| DK | F | -0.22% | |
| SOC | C | -0.2% | |
| PARR | F | -0.18% | |
| CRK | B | -0.18% | |
| TELL | B | -0.16% | |
| GPRE | F | -0.16% | |
| CVI | D | -0.14% | |
| REX | D | -0.13% | |
| VTLE | F | -0.13% | |
| CLNE | C | -0.1% |
ABEQ: Top Represented Industries & Keywords
IEO: Top Represented Industries & Keywords
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