AWEG vs. NEWZ ETF Comparison

Comparison of Alger Weatherbie Enduring Growth ETF (AWEG) to StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ)
AWEG

Alger Weatherbie Enduring Growth ETF

AWEG Description

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.02

Average Daily Volume

170

Number of Holdings *

24

* may have additional holdings in another (foreign) market
NEWZ

StockSnips AI-Powered Sentiment US All Cap ETF

NEWZ Description NEWZ navigates market complexities through a proprietary news media sentiment signal which combines AI and NLP technologies. This signal is generated from textual sources, such as news articles, blogs, and SEC filings, processed using advanced machine learning algorithms. These algorithms sift through vast amounts of data to assess investor sentiment and identify stocks with the most positive news coverage. The process begins by screening US-listed equity securities based on capitalization, volatility, ROE, news coverage volume, and inclusion in Zacks sector and industry classifications. Selections are made based on the sentiment signal, which also integrates a sentiment momentum signal indicating shifts in investor sentiment over time. After the screening, the portfolio typically comprises the top 30 to 50 stocks, all equally weighted. Throughout this process, the fund prioritizes reliability, gathering information from reputable news outlets such as Zacks, Motley Fool, and CNBC. The fund is rebalanced and reconstituted monthly.

Grade (RS Rating)

Last Trade

$29.44

Average Daily Volume

6,139

Number of Holdings *

30

* may have additional holdings in another (foreign) market
Performance
Period AWEG NEWZ
30 Days 8.09% 3.35%
60 Days 8.41% 6.06%
90 Days 8.23% 6.72%
12 Months 36.90%
1 Overlapping Holdings
Symbol Grade Weight in AWEG Weight in NEWZ Overlap
PCTY C 3.92% 3.29% 3.29%
AWEG Overweight 23 Positions Relative to NEWZ
Symbol Grade Weight
TDG D 11.7%
CWST A 6.43%
GKOS B 4.99%
STEP C 4.87%
TNDM D 4.84%
WCN A 4.8%
HEI A 4.66%
NEOG F 3.62%
HUBS A 3.14%
OLLI D 2.99%
SPSC D 2.94%
ACAD C 2.9%
MEG F 2.87%
XPO B 2.86%
UPST B 2.77%
RXO D 2.64%
HLNE B 2.11%
NCNO C 2.09%
PGNY F 2.07%
SITE F 2.02%
AGYS A 1.77%
NTRA A 1.44%
TTD B 1.41%
AWEG Underweight 29 Positions Relative to NEWZ
Symbol Grade Weight
TT A -4.23%
MSI B -3.81%
FTNT C -3.73%
SHOP B -3.7%
KKR A -3.59%
ANET C -3.5%
NTAP C -3.48%
BR A -3.44%
APH A -3.44%
TXRH B -3.39%
GRMN B -3.37%
ISRG A -3.36%
CORT B -3.35%
PAYX B -3.35%
BOOT C -3.33%
COR B -3.33%
ACN B -3.29%
CHKP C -3.28%
ERIE D -3.26%
CLH C -3.26%
UTHR C -3.19%
TSM B -3.15%
DGX A -3.14%
RMD C -3.14%
ORCL A -3.02%
JKHY D -3.01%
BRO B -2.88%
BMI B -2.69%
BAH F -2.48%
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