ABEQ vs. XLP ETF Comparison
Comparison of Absolute Core Strategy ETF (ABEQ) to SPDR Select Sector Fund - Consumer Staples (XLP)
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
$33.07
Average Daily Volume
5,821
18
XLP
SPDR Select Sector Fund - Consumer Staples
XLP Description
The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: food & staples retailing; household products; food products; beverages; tobacco; and personal products. The fund is non-diversified.Grade (RS Rating)
Last Trade
$81.84
Average Daily Volume
9,440,418
37
Performance
| Period | ABEQ | XLP |
|---|---|---|
| 30 Days | -0.02% | -0.01% |
| 60 Days | 1.16% | -1.50% |
| 90 Days | 2.43% | 0.53% |
| 12 Months | 20.55% | 19.94% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ABEQ | Weight in XLP | Overlap | |
|---|---|---|---|---|---|
| HSY | F | 1.86% | 1.54% | 1.54% |
ABEQ Underweight 36 Positions Relative to XLP
| Symbol | Grade | Weight | |
|---|---|---|---|
| COST | B | -10.13% | |
| PG | A | -9.72% | |
| WMT | A | -9.07% | |
| KO | D | -6.0% | |
| PEP | F | -5.61% | |
| PM | B | -4.93% | |
| MO | A | -4.87% | |
| TGT | F | -4.13% | |
| MDLZ | F | -4.05% | |
| CL | D | -4.02% | |
| KVUE | A | -2.63% | |
| KMB | D | -2.58% | |
| MNST | C | -2.29% | |
| KR | B | -2.28% | |
| STZ | D | -2.2% | |
| KDP | D | -2.18% | |
| SYY | B | -2.14% | |
| GIS | D | -2.09% | |
| KHC | F | -1.63% | |
| CHD | B | -1.54% | |
| ADM | D | -1.46% | |
| K | A | -1.26% | |
| CLX | B | -1.19% | |
| MKC | D | -1.1% | |
| TSN | B | -1.06% | |
| DG | F | -0.98% | |
| EL | F | -0.88% | |
| DLTR | F | -0.77% | |
| CAG | D | -0.76% | |
| BG | F | -0.73% | |
| SJM | D | -0.69% | |
| LW | C | -0.67% | |
| TAP | C | -0.64% | |
| CPB | D | -0.51% | |
| HRL | D | -0.51% | |
| WBA | F | -0.37% |
ABEQ: Top Represented Industries & Keywords
XLP: Top Represented Industries & Keywords
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