AGQI vs. TIME ETF Comparison
Comparison of First Trust Active Global Quality Income ETF (AGQI) to Clockwise Capital Innovation ETF (TIME)
AGQI
First Trust Active Global Quality Income ETF
AGQI Description
AGQI aims to hold a global basket of income-producing equities of companies that can maintain or grow dividends without compromising their financial stability. Equity securities include common and preferred stocks, depositary receipts, and real estate investment trusts. The fund invests in US and non-US issuers, holding at least 40% of its assets outside the US, with up to 20% allocated in emerging markets. The fund uses a fundamental approach to select dividend-paying companies with quality income, meaning they can provide stable and growing dividends. Eligible companies are assessed based on ROE and/or ROIC, financial leverage ratio, and dividend payout ratio. The resulting portfolio may have a large-cap tilt, although the fund invests in companies of any market capitalization. On November 21, 2023, the ETF acquired all assets and liabilities of the First Trust Dynamic Europe Equity Income Fund (ticker: FDEU), which had about $220 million in assets, morphing the closed-end fund into an ETF.
Grade (RS Rating)
Last Trade
$13.87
Average Daily Volume
8,506
13
TIME
Clockwise Capital Innovation ETF
TIME Description
TIME actively invests in US companies that the adviser believes are best positioned to benefit from opportunities relating to 5G and cloud-based industries. The fund hold stocks from various industries, such as AI, cryptocurrency and digital payments, smart vehicles, preventative health, and remote surgery amongst others. Top-down analysis and a bottom-up approach are combined to determine stock selection. Companies meeting minimum financial thresholds based on fundamental factors are taken into consideration. From these, the adviser selects 10 - 20 stocks that they believe have a minimum 100% return target threshold over a 5-year investment period. The selected stocks are weighted using a 5% 20% conviction driven weighting. The fund may also employ a covered call strategy with respect to securities held in the portfolio. Prior to April 1, 2022, the fund traded under the ticker CWC. Before August 16, 2023, the fund traded under the name Clockwise Capital Innovation ETF.Grade (RS Rating)
Last Trade
$30.30
Average Daily Volume
13,753
32
Performance
| Period | AGQI | TIME |
|---|---|---|
| 30 Days | -3.61% | 6.48% |
| 60 Days | -4.64% | 10.92% |
| 90 Days | -4.61% | 12.69% |
| 12 Months | 9.66% | 54.44% |
AGQI Underweight 27 Positions Relative to TIME
| Symbol | Grade | Weight | |
|---|---|---|---|
| BIL | A | -6.57% | |
| NVDA | B | -5.3% | |
| SPOT | B | -5.11% | |
| HOOD | B | -4.8% | |
| NFLX | A | -4.21% | |
| AMZN | C | -4.16% | |
| META | D | -4.08% | |
| GOOGL | C | -4.03% | |
| UBER | F | -3.52% | |
| AVGO | D | -3.43% | |
| SMCI | F | -3.37% | |
| MU | D | -3.28% | |
| NOW | A | -3.1% | |
| ECL | D | -3.07% | |
| DELL | B | -2.97% | |
| NEM | D | -2.95% | |
| RKT | F | -2.93% | |
| UPST | B | -2.51% | |
| QID | F | -2.51% | |
| GEV | B | -2.07% | |
| NU | C | -1.97% | |
| PLTR | B | -1.97% | |
| SDS | F | -1.96% | |
| RCL | A | -1.91% | |
| SNPS | B | -1.05% | |
| JPM | A | -1.03% | |
| HUBS | A | -0.5% |
AGQI: Top Represented Industries & Keywords
TIME: Top Represented Industries & Keywords
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