CNEQ vs. DEMZ ETF Comparison
Comparison of Alger Concentrated Equity ETF (CNEQ) to DEMZ Political Contributions ETF (DEMZ)
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
$25.60
Average Daily Volume
4,472
25
DEMZ
DEMZ Political Contributions ETF
DEMZ Description
The investment seeks to track the total return performance, before fees and expenses, of the DEMZ Political Contribution Index. The index is a subset of the S&P 500® Index designed to provide exposure to companies that make political contributions to Democratic Party candidates and political action committees above a certain threshold. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities included in the index.Grade (RS Rating)
Last Trade
$36.73
Average Daily Volume
2,827
50
Performance
| Period | CNEQ | DEMZ |
|---|---|---|
| 30 Days | 5.83% | 1.97% |
| 60 Days | 12.02% | 3.44% |
| 90 Days | 15.39% | 3.81% |
| 12 Months | 28.72% |
CNEQ Underweight 42 Positions Relative to DEMZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| L | A | -5.08% | |
| COST | A | -4.86% | |
| APH | A | -3.8% | |
| IBM | C | -3.56% | |
| DIS | B | -2.74% | |
| ADP | A | -2.63% | |
| GOOGL | C | -2.48% | |
| CL | D | -2.24% | |
| BWA | D | -2.08% | |
| SYK | B | -2.01% | |
| KIM | A | -2.0% | |
| KLAC | F | -1.88% | |
| EG | C | -1.86% | |
| XYL | D | -1.8% | |
| AVY | F | -1.77% | |
| NOW | A | -1.69% | |
| CRM | B | -1.61% | |
| AMT | C | -1.57% | |
| PAYX | B | -1.56% | |
| KMB | C | -1.55% | |
| OMC | C | -1.5% | |
| ADSK | A | -1.44% | |
| RL | C | -1.43% | |
| A | D | -1.41% | |
| LRCX | F | -1.41% | |
| ROST | D | -1.32% | |
| ANET | C | -1.32% | |
| MSCI | C | -1.3% | |
| NDSN | B | -1.24% | |
| MCO | B | -1.19% | |
| TPR | B | -1.16% | |
| AMD | F | -1.1% | |
| SNPS | B | -1.09% | |
| EA | A | -1.07% | |
| IT | C | -1.04% | |
| ULTA | F | -0.98% | |
| KMX | B | -0.97% | |
| HSIC | C | -0.95% | |
| HRL | D | -0.92% | |
| VLTO | C | -0.91% | |
| ADBE | C | -0.87% | |
| CDW | F | -0.81% |
CNEQ: Top Represented Industries & Keywords
DEMZ: Top Represented Industries & Keywords
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