AMID vs. CPAI ETF Comparison
Comparison of Argent Mid Cap ETF (AMID) to Counterpoint Quantitative Equity ETF (CPAI)
AMID
Argent Mid Cap ETF
AMID Description
AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.
Grade (RS Rating)
Last Trade
$36.72
Average Daily Volume
7,812
37
CPAI
Counterpoint Quantitative Equity ETF
CPAI Description
CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.Grade (RS Rating)
Last Trade
$35.81
Average Daily Volume
7,195
49
Performance
| Period | AMID | CPAI |
|---|---|---|
| 30 Days | 4.32% | 5.48% |
| 60 Days | 3.96% | 9.78% |
| 90 Days | 4.88% | 11.01% |
| 12 Months | 34.06% |
AMID Overweight 35 Positions Relative to CPAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| FICO | B | 3.79% | |
| CTAS | B | 3.66% | |
| CPRT | B | 3.56% | |
| BLDR | D | 3.43% | |
| FTNT | C | 3.34% | |
| HLI | A | 3.2% | |
| CBZ | B | 2.93% | |
| LPLA | A | 2.87% | |
| CDW | F | 2.86% | |
| VCTR | B | 2.86% | |
| DHI | F | 2.85% | |
| IT | C | 2.83% | |
| MEDP | D | 2.69% | |
| MUSA | B | 2.63% | |
| BAH | F | 2.45% | |
| BLD | D | 2.43% | |
| OMF | A | 2.4% | |
| URI | C | 2.35% | |
| AFG | A | 2.28% | |
| A | D | 2.12% | |
| ADUS | D | 2.09% | |
| CG | B | 2.05% | |
| SCI | B | 2.05% | |
| TPX | B | 1.99% | |
| AME | A | 1.98% | |
| ICFI | F | 1.93% | |
| LNG | A | 1.69% | |
| CHDN | B | 1.57% | |
| ABG | C | 1.55% | |
| ENTG | D | 1.52% | |
| MOH | F | 1.44% | |
| PATK | C | 1.35% | |
| TTEK | F | 1.33% | |
| AX | B | 1.11% | |
| EXPO | D | 0.99% |
AMID Underweight 47 Positions Relative to CPAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| SFM | A | -2.51% | |
| SKYW | C | -2.49% | |
| TRGP | A | -2.46% | |
| TDS | B | -2.43% | |
| CARG | B | -2.37% | |
| LDOS | C | -2.33% | |
| NTGR | B | -2.27% | |
| UNM | A | -2.25% | |
| OKE | A | -2.21% | |
| FTDR | B | -2.17% | |
| BRBR | A | -2.17% | |
| EQH | C | -2.16% | |
| CNO | B | -2.15% | |
| HTZ | C | -2.13% | |
| FTI | A | -2.13% | |
| ACIW | B | -2.11% | |
| VIRT | A | -2.11% | |
| ORCL | A | -2.09% | |
| CVLT | B | -2.08% | |
| CAH | B | -2.08% | |
| MSI | B | -2.07% | |
| CLBT | B | -2.06% | |
| COR | B | -2.05% | |
| GOOGL | C | -2.05% | |
| GNW | A | -2.03% | |
| PBI | B | -2.01% | |
| PGR | A | -1.93% | |
| META | D | -1.93% | |
| RTX | D | -1.9% | |
| BRC | D | -1.89% | |
| TJX | A | -1.89% | |
| THC | D | -1.88% | |
| LESL | D | -1.87% | |
| NYT | D | -1.85% | |
| ZIM | C | -1.84% | |
| MSFT | D | -1.83% | |
| WBA | F | -1.82% | |
| AAPL | C | -1.81% | |
| PAA | B | -1.8% | |
| PAGP | A | -1.79% | |
| WES | C | -1.76% | |
| LLY | F | -1.74% | |
| MHO | D | -1.72% | |
| PRM | C | -1.72% | |
| ROST | D | -1.72% | |
| UHS | D | -1.64% | |
| AGL | F | -0.95% |
AMID: Top Represented Industries & Keywords
CPAI: Top Represented Industries & Keywords
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