CPAI vs. FITE ETF Comparison
Comparison of Counterpoint Quantitative Equity ETF (CPAI) to SPDR S&P Kensho Future Security ETF (FITE)
CPAI
Counterpoint Quantitative Equity ETF
CPAI Description
CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.
Grade (RS Rating)
Last Trade
$35.81
Average Daily Volume
7,195
49
FITE
SPDR S&P Kensho Future Security ETF
FITE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Future Security Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Future Security sector as determined by a classification standard produced by the index provider. The fund is non-diversified.Grade (RS Rating)
Last Trade
$67.40
Average Daily Volume
4,145
60
Performance
| Period | CPAI | FITE |
|---|---|---|
| 30 Days | 5.48% | 6.73% |
| 60 Days | 9.78% | 11.49% |
| 90 Days | 11.01% | 10.84% |
| 12 Months | 34.85% |
CPAI Overweight 47 Positions Relative to FITE
| Symbol | Grade | Weight | |
|---|---|---|---|
| TRGP | A | 2.61% | |
| SFM | A | 2.49% | |
| SKYW | C | 2.47% | |
| TDS | B | 2.45% | |
| OKE | A | 2.35% | |
| HTZ | C | 2.35% | |
| UNM | A | 2.3% | |
| NTGR | B | 2.29% | |
| CARG | B | 2.27% | |
| GDDY | A | 2.25% | |
| BRBR | A | 2.24% | |
| VIRT | A | 2.24% | |
| CNO | B | 2.14% | |
| FTI | A | 2.12% | |
| CLBT | B | 2.11% | |
| EQH | C | 2.1% | |
| ORCL | A | 2.1% | |
| CVLT | B | 2.09% | |
| FTDR | B | 2.09% | |
| GNW | A | 2.07% | |
| ZIM | C | 2.06% | |
| MSI | B | 2.05% | |
| PBI | B | 2.05% | |
| ACIW | B | 2.04% | |
| GOOGL | C | 2.03% | |
| COR | B | 2.01% | |
| CAH | B | 2.01% | |
| TJX | A | 1.91% | |
| PGR | A | 1.89% | |
| PAA | B | 1.88% | |
| PRM | C | 1.88% | |
| META | D | 1.87% | |
| LESL | D | 1.87% | |
| PAGP | A | 1.87% | |
| AAPL | C | 1.86% | |
| WES | C | 1.85% | |
| MSFT | D | 1.83% | |
| THC | D | 1.77% | |
| NYT | D | 1.76% | |
| BRC | D | 1.74% | |
| MHO | D | 1.73% | |
| ROST | D | 1.72% | |
| WBA | F | 1.7% | |
| UHS | D | 1.58% | |
| LLY | F | 1.57% | |
| HCA | F | 1.55% | |
| AGL | F | 0.82% |
CPAI Underweight 58 Positions Relative to FITE
| Symbol | Grade | Weight | |
|---|---|---|---|
| RKLB | A | -5.8% | |
| FTNT | C | -2.32% | |
| S | B | -2.19% | |
| FFIV | B | -2.1% | |
| PSN | D | -2.08% | |
| KTOS | B | -1.94% | |
| MOG.A | B | -1.88% | |
| CSCO | B | -1.86% | |
| PANW | B | -1.8% | |
| OII | B | -1.8% | |
| NET | B | -1.79% | |
| VRNS | D | -1.79% | |
| TDY | B | -1.76% | |
| NOC | D | -1.75% | |
| NTCT | C | -1.75% | |
| LMT | D | -1.74% | |
| HEI | A | -1.74% | |
| LHX | C | -1.71% | |
| ATEN | A | -1.68% | |
| CYBR | A | -1.67% | |
| AVGO | D | -1.66% | |
| MIR | A | -1.66% | |
| COHR | B | -1.64% | |
| MRCY | C | -1.61% | |
| ZS | B | -1.6% | |
| CHKP | C | -1.6% | |
| OSPN | A | -1.58% | |
| OSIS | A | -1.57% | |
| RDWR | B | -1.56% | |
| DDOG | A | -1.55% | |
| RPD | B | -1.55% | |
| JNPR | D | -1.54% | |
| QLYS | B | -1.54% | |
| IRDM | D | -1.51% | |
| ERJ | A | -1.49% | |
| ZD | B | -1.49% | |
| AKAM | D | -1.44% | |
| AVAV | C | -1.44% | |
| TENB | C | -1.44% | |
| CACI | D | -1.43% | |
| HXL | F | -1.36% | |
| SANM | B | -1.31% | |
| CRWD | B | -1.28% | |
| OKTA | C | -1.26% | |
| DCO | C | -1.22% | |
| KBR | F | -1.22% | |
| BRKR | D | -1.21% | |
| GD | D | -1.2% | |
| APH | A | -1.18% | |
| TXT | D | -1.14% | |
| BA | F | -1.1% | |
| NABL | F | -1.09% | |
| VREX | B | -1.01% | |
| HII | F | -0.94% | |
| MVIS | F | -0.84% | |
| PL | B | -0.83% | |
| VSAT | F | -0.8% | |
| MASS | F | -0.12% |
CPAI: Top Represented Industries & Keywords
FITE: Top Represented Industries & Keywords
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