CTEC vs. DIVP ETF Comparison
Comparison of Global X CleanTech ETF (CTEC) to Cullen Enhanced Equity Income ETF (DIVP)
CTEC
Global X CleanTech ETF
CTEC Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. It is non-diversified.
Grade (RS Rating)
Last Trade
$7.00
Average Daily Volume
14,199
13
DIVP
Cullen Enhanced Equity Income ETF
DIVP Description
DIVP invests in large- and mid-cap value stocks that generally have higher dividend yield than the average of the funds US benchmark. The fund identifies value stocks that have low price-to-earnings ratio with above-average earnings and dividend growth potential. Companies are screened using fundamental research. The fund may invest up to 30% in non-US companies in the form of ADRs. While the portfolio is not rebalanced systematically, weighting is roughly equal to avoid overweighting of individual securities. To generate additional income, the fund selectively writes covered call options with a target range of between 25-40%. However, the covered call overlay limits participation in potential gains if shares increase in value. The adviser may sell stocks that are no longer viewed as attractive based on growth potential, dividend yield, or price. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time.Grade (RS Rating)
Last Trade
$26.90
Average Daily Volume
1,551
32
Performance
Period | CTEC | DIVP |
---|---|---|
30 Days | -5.09% | 1.33% |
60 Days | -10.78% | 1.78% |
90 Days | -12.29% | 3.75% |
12 Months | -27.52% |
0 Overlapping Holdings
Symbol | Grade | Weight in CTEC | Weight in DIVP | Overlap |
---|
CTEC Underweight 32 Positions Relative to DIVP
Symbol | Grade | Weight | |
---|---|---|---|
CSCO | B | -4.46% | |
EOG | A | -4.39% | |
BMY | B | -4.1% | |
MDT | D | -3.88% | |
VICI | C | -3.83% | |
DUK | C | -3.6% | |
PPL | A | -3.6% | |
CVX | A | -3.51% | |
PM | B | -3.47% | |
C | A | -3.35% | |
TFC | A | -3.34% | |
BAC | A | -3.33% | |
KVUE | A | -3.28% | |
CAG | F | -3.25% | |
VZ | C | -3.24% | |
CMCSA | B | -3.23% | |
XOM | B | -3.22% | |
MRK | D | -3.12% | |
SYY | D | -2.92% | |
RTX | D | -2.89% | |
DOC | C | -2.86% | |
MO | A | -2.73% | |
BAX | F | -2.67% | |
IBM | C | -2.62% | |
JCI | B | -2.55% | |
JPM | A | -2.41% | |
TRV | B | -2.21% | |
DOW | F | -2.1% | |
GD | D | -2.03% | |
RIO | D | -1.81% | |
GPC | D | -1.81% | |
UPS | C | -1.75% |
CTEC: Top Represented Industries & Keywords
DIVP: Top Represented Industries & Keywords