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% |
AWEG: Top Represented Industries & Keywords
Industries:
Software - Application
Waste Management
Aerospace & Defense
Asset Management
Diagnostics & Research
Biotechnology
Credit Services
Discount Stores
Health Information Services
Industrial Distribution
Integrated Shipping & Logistics
Medical Devices
Medical Instruments & Supplies
Trucking
Keywords:
Medicine
Aerospace
Cardboard
Cargo
Content Management
Electronics
Environmental Services
Fintech
Freight Transport
Genetic Testing
Glaucoma
Investment Solutions
Landfill
Municipal Solid Waste
Private Equity
Recycling
Regulatory Compliance
Social Media
Solid Waste Collection
Solid Waste Services
NEWZ: Top Represented Industries & Keywords
Industries:
Business Services
Software - Application
Biotechnology
Insurance Brokers
Medical Instruments & Supplies
Scientific & Technical Instruments
Apparel Stores
Asset Management
Communication Equipment
Computer Systems
Data Storage
Diagnostics & Research
Electronic Components
Information Technology Services
Medical Distribution
Restaurants
Semiconductors
Software - Infrastructure
Specialty Industrial Machinery
Waste Management
Keywords:
S&P 500
Computing
Nasdaq 100
Cloud Computing
Electronics
IBD 50
Imaging
Medicine
Operating System
Risk Management
Services Industry
Software As A Service
Chemical
Cloud Computing Environments
Computer Networking
Computer Security
Content Management
Control Products
Customer Relationship Management
Cybersecurity