FTXO vs. INKM ETF Comparison
Comparison of First Trust Nasdaq Bank ETF (FTXO) to SPDR SSgA Income Allocation ETF (INKM)
FTXO
First Trust Nasdaq Bank ETF
FTXO 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 Nasdaq US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$34.17
Average Daily Volume
42,331
50
INKM
SPDR SSgA Income Allocation ETF
INKM Description
The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund invests substantially all of its assets in the SSgA Income Allocation Portfolio, a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. It invests the assets of the Portfolio among ETPs that provide exposure to four primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment grade and high yield debt securities; (iii) hybrid equity/debt securities; and (iv) REITs.Grade (RS Rating)
Last Trade
$32.43
Average Daily Volume
19,330
14
Performance
Period | FTXO | INKM |
---|---|---|
30 Days | 11.81% | 0.19% |
60 Days | 16.64% | -0.85% |
90 Days | 17.19% | 0.78% |
12 Months | 61.47% | 14.84% |
0 Overlapping Holdings
Symbol | Grade | Weight in FTXO | Weight in INKM | Overlap |
---|
FTXO Overweight 50 Positions Relative to INKM
Symbol | Grade | Weight | |
---|---|---|---|
WFC | A | 8.67% | |
BAC | A | 7.85% | |
C | A | 7.58% | |
JPM | A | 7.5% | |
USB | A | 7.42% | |
MTB | A | 4.32% | |
PNC | B | 3.91% | |
CFG | B | 3.77% | |
HBAN | A | 3.72% | |
FCNCA | A | 3.69% | |
FITB | B | 3.54% | |
RF | A | 3.32% | |
KEY | B | 2.55% | |
WBS | A | 1.98% | |
FHN | A | 1.93% | |
EWBC | A | 1.6% | |
PB | B | 1.48% | |
PNFP | B | 1.35% | |
WAL | B | 1.22% | |
COLB | B | 1.16% | |
ZION | B | 1.15% | |
SSB | B | 1.14% | |
WTFC | A | 1.13% | |
ONB | C | 1.1% | |
BOKF | B | 1.05% | |
SNV | C | 1.04% | |
OZK | B | 0.99% | |
UBSI | B | 0.97% | |
BPOP | C | 0.9% | |
CFR | B | 0.83% | |
HWC | B | 0.79% | |
HOMB | A | 0.78% | |
ABCB | B | 0.73% | |
UMBF | B | 0.69% | |
CBSH | B | 0.62% | |
CATY | B | 0.6% | |
SFBS | C | 0.52% | |
IBOC | B | 0.52% | |
FULT | A | 0.52% | |
BANF | B | 0.51% | |
BKU | A | 0.51% | |
AX | B | 0.51% | |
CBU | B | 0.5% | |
FFIN | B | 0.5% | |
FFBC | B | 0.49% | |
WSFS | B | 0.49% | |
PRK | B | 0.49% | |
TBBK | B | 0.46% | |
WAFD | B | 0.45% | |
FBP | C | 0.43% |
FTXO: Top Represented Industries & Keywords
INKM: Top Represented Industries & Keywords