CGW vs. NEWZ ETF Comparison
Comparison of Invesco S&P Global Water Index ETF (CGW) to StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ)
CGW
Invesco S&P Global Water Index ETF
CGW Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the S&P Global Water Index. The fund invests at least 90% of total assets in common stock and American depositary receipts ("ADRs") that comprise the index depositary receipts representing common stocks included in the index. At each rebalancing the Water Index is comprised of 50 equity securities selected, based on investment and other criteria, from a universe of companies listed on global developed market exchanges. It is non-diversified.
Grade (RS Rating)
Last Trade
$58.06
Average Daily Volume
27,106
26
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
$29.17
Average Daily Volume
5,311
30
Performance
| Period | CGW | NEWZ |
|---|---|---|
| 30 Days | -3.97% | 1.29% |
| 60 Days | -1.88% | 6.07% |
| 90 Days | -0.62% | 8.51% |
| 12 Months | 19.03% |
1 Overlapping Holdings
| Symbol | Grade | Weight in CGW | Weight in NEWZ | Overlap | |
|---|---|---|---|---|---|
| BMI | B | 2.62% | 2.77% | 2.62% |
CGW Overweight 25 Positions Relative to NEWZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| AWK | D | 8.07% | |
| XYL | F | 7.37% | |
| VLTO | D | 5.66% | |
| WTRG | C | 4.67% | |
| ECL | C | 3.95% | |
| WMS | F | 3.8% | |
| PNR | A | 3.43% | |
| CNM | D | 2.51% | |
| ZWS | B | 2.24% | |
| AWR | C | 2.05% | |
| CWT | D | 1.94% | |
| WTS | B | 1.7% | |
| FELE | B | 1.68% | |
| MWA | B | 1.59% | |
| VMI | B | 1.36% | |
| SJW | F | 1.07% | |
| WTTR | B | 0.8% | |
| MSEX | C | 0.79% | |
| OTTR | C | 0.65% | |
| LNN | B | 0.54% | |
| HWKN | C | 0.49% | |
| ERII | B | 0.48% | |
| CWCO | F | 0.26% | |
| MEG | F | 0.23% | |
| TTI | B | 0.14% |
CGW Underweight 29 Positions Relative to NEWZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| TT | B | -4.03% | |
| ANET | C | -4.0% | |
| MSI | B | -3.59% | |
| APH | B | -3.57% | |
| UTHR | B | -3.52% | |
| NTAP | D | -3.52% | |
| PCTY | B | -3.48% | |
| KKR | B | -3.48% | |
| CLH | B | -3.42% | |
| PAYX | B | -3.4% | |
| CORT | B | -3.39% | |
| COR | B | -3.34% | |
| TXRH | A | -3.34% | |
| GRMN | A | -3.33% | |
| FTNT | B | -3.33% | |
| ACN | B | -3.32% | |
| TSM | C | -3.32% | |
| ERIE | F | -3.3% | |
| CHKP | C | -3.29% | |
| BR | A | -3.29% | |
| BOOT | C | -3.28% | |
| ISRG | A | -3.25% | |
| RMD | C | -3.21% | |
| JKHY | C | -3.09% | |
| BAH | C | -3.05% | |
| ORCL | A | -2.98% | |
| DGX | B | -2.97% | |
| SHOP | B | -2.93% | |
| BRO | B | -2.84% |
CGW: Top Represented Industries & Keywords
NEWZ: Top Represented Industries & Keywords
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