CPAI vs. FPXE ETF Comparison
Comparison of Counterpoint Quantitative Equity ETF (CPAI) to First Trust IPOX Europe Equity Opportunities ETF (FPXE)
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
$35.82
Average Daily Volume
7,175
49
FPXE
First Trust IPOX Europe Equity Opportunities ETF
FPXE Description
The First Trust IPOX® Europe Equity Opportunities ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the IPOX® 100 Europe Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned, developed, maintained and sponsored by IPOX® Schuster LLC (the "Index Provider").Grade (RS Rating)
Last Trade
$26.00
Average Daily Volume
475
18
Performance
| Period | CPAI | FPXE |
|---|---|---|
| 30 Days | 2.73% | -2.46% |
| 60 Days | 8.37% | -2.71% |
| 90 Days | 10.75% | -1.12% |
| 12 Months | 24.45% |
1 Overlapping Holdings
| Symbol | Grade | Weight in CPAI | Weight in FPXE | Overlap | |
|---|---|---|---|---|---|
| CLBT | B | 2.06% | 1.69% | 1.69% |
CPAI Overweight 48 Positions Relative to FPXE
| Symbol | Grade | Weight | |
|---|---|---|---|
| SFM | B | 2.51% | |
| SKYW | B | 2.49% | |
| TRGP | A | 2.46% | |
| TDS | B | 2.43% | |
| CARG | B | 2.37% | |
| LDOS | C | 2.33% | |
| NTGR | B | 2.27% | |
| UNM | A | 2.25% | |
| GDDY | A | 2.23% | |
| OKE | A | 2.21% | |
| FTDR | A | 2.17% | |
| BRBR | A | 2.17% | |
| EQH | B | 2.16% | |
| CNO | B | 2.15% | |
| HTZ | C | 2.13% | |
| FTI | A | 2.13% | |
| ACIW | B | 2.11% | |
| VIRT | A | 2.11% | |
| ORCL | A | 2.09% | |
| CVLT | A | 2.08% | |
| CAH | B | 2.08% | |
| MSI | A | 2.07% | |
| COR | B | 2.05% | |
| GOOGL | B | 2.05% | |
| GNW | A | 2.03% | |
| PBI | C | 2.01% | |
| PGR | B | 1.93% | |
| META | C | 1.93% | |
| RTX | D | 1.9% | |
| BRC | C | 1.89% | |
| TJX | A | 1.89% | |
| THC | C | 1.88% | |
| LESL | D | 1.87% | |
| NYT | D | 1.85% | |
| ZIM | B | 1.84% | |
| MSFT | D | 1.83% | |
| WBA | F | 1.82% | |
| AAPL | C | 1.81% | |
| PAA | B | 1.8% | |
| PAGP | A | 1.79% | |
| WES | C | 1.76% | |
| LLY | F | 1.74% | |
| MHO | D | 1.72% | |
| PRM | C | 1.72% | |
| ROST | D | 1.72% | |
| UHS | D | 1.64% | |
| HCA | F | 1.61% | |
| AGL | F | 0.95% |
CPAI: Top Represented Industries & Keywords
FPXE: Top Represented Industries & Keywords
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