FBT vs. NEWZ ETF Comparison
Comparison of First Trust Amex Biotech Index Fund (FBT) to StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ)
FBT
First Trust Amex Biotech Index Fund
FBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$173.44
Average Daily Volume
29,577
30
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
$27.60
Average Daily Volume
2,498
30
Performance
| Period | FBT | NEWZ |
|---|---|---|
| 30 Days | 0.59% | -1.56% |
| 60 Days | 1.67% | -0.29% |
| 90 Days | 4.54% | 5.36% |
| 12 Months | 27.59% |
1 Overlapping Holdings
| Symbol | Grade | Weight in FBT | Weight in NEWZ | Overlap | |
|---|---|---|---|---|---|
| UTHR | A | 3.34% | 3.27% | 3.27% |
FBT Overweight 29 Positions Relative to NEWZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| EXEL | A | 3.66% | |
| CPRX | A | 3.62% | |
| SRPT | D | 3.62% | |
| GILD | A | 3.57% | |
| CORT | B | 3.55% | |
| ALNY | C | 3.53% | |
| ARGX | A | 3.51% | |
| NBIX | C | 3.42% | |
| BMRN | F | 3.42% | |
| ITCI | A | 3.41% | |
| EXAS | A | 3.38% | |
| INCY | A | 3.37% | |
| VRTX | D | 3.35% | |
| RGEN | D | 3.33% | |
| BIIB | F | 3.33% | |
| ILMN | A | 3.32% | |
| GMAB | F | 3.31% | |
| ACAD | F | 3.31% | |
| AMGN | C | 3.28% | |
| HALO | B | 3.18% | |
| BNTX | B | 3.17% | |
| ALKS | F | 3.17% | |
| NTRA | B | 3.13% | |
| WAT | A | 3.12% | |
| REGN | F | 3.12% | |
| BGNE | C | 3.1% | |
| BRKR | D | 3.09% | |
| MRNA | F | 3.09% | |
| MTD | D | 3.04% |
FBT Underweight 29 Positions Relative to NEWZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| TT | C | -4.31% | |
| NOW | A | -4.02% | |
| MANH | D | -3.98% | |
| ANET | B | -3.91% | |
| MSI | B | -3.8% | |
| VOYA | B | -3.74% | |
| TAC | A | -3.72% | |
| NTAP | D | -3.63% | |
| APH | B | -3.51% | |
| EBAY | D | -3.5% | |
| PAYX | B | -3.48% | |
| BR | C | -3.41% | |
| FTNT | B | -3.39% | |
| PEGA | A | -3.37% | |
| STX | D | -3.35% | |
| ZTS | D | -3.29% | |
| AIZ | D | -3.19% | |
| DGX | B | -3.16% | |
| ANF | F | -3.13% | |
| TMUS | B | -3.01% | |
| UL | D | -2.92% | |
| ORCL | B | -2.91% | |
| CL | F | -2.91% | |
| SHOP | B | -2.87% | |
| DVA | D | -2.86% | |
| BRO | B | -2.86% | |
| PGR | D | -2.75% | |
| KNSL | F | -2.75% | |
| BMI | D | -2.63% |
FBT: Top Represented Industries & Keywords
NEWZ: Top Represented Industries & Keywords
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