BMED vs. CNEQ ETF Comparison
Comparison of BlackRock Future Health ETF (BMED) to Alger Concentrated Equity ETF (CNEQ)
BMED
BlackRock Future Health ETF
BMED Description
The investment seeks to maximize total return. Under normal market conditions, the fund will invest at least 80% of its net assets plus any borrowings for investment purposes in equity securities of companies principally engaged in the health sciences group of industries. While the fund will invest primarily in companies providing products and services for human health, it may also invest in companies whose products or services relate to the growth or survival of animals and plants. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.45
Average Daily Volume
903
97
CNEQ
Alger Concentrated Equity ETF
CNEQ Description
CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.Grade (RS Rating)
Last Trade
$25.51
Average Daily Volume
3,734
25
Performance
| Period | BMED | CNEQ |
|---|---|---|
| 30 Days | -1.01% | 6.39% |
| 60 Days | -2.50% | 11.26% |
| 90 Days | -3.45% | 15.00% |
| 12 Months | 15.07% |
BMED Overweight 94 Positions Relative to CNEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| BSX | B | 4.53% | |
| ARGX | A | 3.25% | |
| GILD | C | 3.05% | |
| ABT | B | 2.22% | |
| TECH | D | 2.04% | |
| RGEN | D | 1.97% | |
| SRPT | D | 1.89% | |
| WAT | B | 1.87% | |
| PODD | C | 1.75% | |
| ALNY | D | 1.72% | |
| MDT | D | 1.64% | |
| EXAS | D | 1.45% | |
| WST | C | 1.42% | |
| TMO | F | 1.41% | |
| BMY | B | 1.4% | |
| NBIX | C | 1.39% | |
| SNY | F | 1.37% | |
| RYTM | C | 1.35% | |
| PFE | D | 1.34% | |
| ABBV | D | 1.31% | |
| BGNE | D | 1.29% | |
| AMGN | D | 1.16% | |
| INSM | C | 1.06% | |
| XENE | D | 1.06% | |
| DNLI | D | 1.05% | |
| VRTX | F | 1.02% | |
| EW | C | 1.0% | |
| MRUS | F | 0.99% | |
| UTHR | C | 0.96% | |
| EXEL | B | 0.94% | |
| QGEN | D | 0.94% | |
| DXCM | D | 0.93% | |
| A | D | 0.93% | |
| LH | C | 0.91% | |
| BIIB | F | 0.9% | |
| PEN | B | 0.89% | |
| BPMC | C | 0.87% | |
| GH | B | 0.84% | |
| HOLX | D | 0.82% | |
| IQV | D | 0.82% | |
| SYK | C | 0.8% | |
| CRL | C | 0.79% | |
| RVMD | C | 0.72% | |
| PCVX | D | 0.7% | |
| NUVL | D | 0.61% | |
| PTCT | B | 0.6% | |
| ROIV | C | 0.59% | |
| HALO | F | 0.58% | |
| GEHC | F | 0.58% | |
| NRIX | D | 0.58% | |
| GKOS | B | 0.58% | |
| ACLX | C | 0.56% | |
| STE | F | 0.55% | |
| INSP | D | 0.52% | |
| BDX | F | 0.5% | |
| LBPH | A | 0.5% | |
| IONS | F | 0.5% | |
| BEAM | D | 0.41% | |
| TARS | B | 0.39% | |
| STOK | F | 0.38% | |
| RARE | D | 0.38% | |
| ASND | D | 0.34% | |
| BNTX | D | 0.34% | |
| ARVN | D | 0.33% | |
| DYN | F | 0.31% | |
| TWST | D | 0.31% | |
| NVCR | C | 0.31% | |
| RNA | D | 0.3% | |
| AXSM | B | 0.3% | |
| IMCR | D | 0.3% | |
| RCKT | F | 0.29% | |
| EWTX | C | 0.27% | |
| ALKS | B | 0.27% | |
| BBIO | F | 0.22% | |
| PTGX | C | 0.18% | |
| SRRK | B | 0.17% | |
| IRON | B | 0.16% | |
| RCUS | F | 0.15% | |
| VYGR | F | 0.13% | |
| ORIC | F | 0.13% | |
| AUTL | F | 0.13% | |
| VKTX | F | 0.13% | |
| IMTX | F | 0.12% | |
| ARCT | F | 0.11% | |
| ALLO | F | 0.11% | |
| BCYC | F | 0.11% | |
| WVE | C | 0.1% | |
| ACIU | C | 0.1% | |
| RGNX | F | 0.1% | |
| ARWR | F | 0.09% | |
| SAGE | F | 0.07% | |
| PRTA | F | 0.06% | |
| VIGL | F | 0.04% | |
| FDMT | F | 0.04% |
BMED Underweight 22 Positions Relative to CNEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | F | -13.34% | |
| NVDA | C | -13.04% | |
| AAPL | C | -8.58% | |
| AMZN | C | -8.1% | |
| META | D | -6.47% | |
| HEI | B | -3.71% | |
| TSM | B | -3.59% | |
| APP | B | -3.29% | |
| AVGO | D | -3.17% | |
| LLY | F | -2.28% | |
| VRT | B | -2.15% | |
| V | A | -2.15% | |
| SPGI | C | -2.14% | |
| NFLX | A | -2.0% | |
| GOOG | C | -1.98% | |
| CDNS | B | -1.9% | |
| CEG | D | -1.76% | |
| MU | D | -1.27% | |
| MELI | D | -1.16% | |
| TSLA | B | -1.1% | |
| UNH | C | -0.99% | |
| ASML | F | -0.93% |
BMED: Top Represented Industries & Keywords
CNEQ: Top Represented Industries & Keywords
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