FXZ vs. CPAI ETF Comparison
Comparison of First Trust Materials AlphaDEX Fund (FXZ) to Counterpoint Quantitative Equity ETF (CPAI)
FXZ
First Trust Materials AlphaDEX Fund
FXZ 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 StrataQuant(R) Materials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the materials and processing sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.
Grade (RS Rating)
Last Trade
$64.85
Average Daily Volume
26,530
36
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
Performance
| Period | FXZ | CPAI |
|---|---|---|
| 30 Days | -2.55% | 5.48% |
| 60 Days | 0.78% | 9.78% |
| 90 Days | -0.44% | 11.01% |
| 12 Months | 5.11% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FXZ | Weight in CPAI | Overlap |
|---|
FXZ Overweight 36 Positions Relative to CPAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| STLD | B | 5.6% | |
| RS | B | 5.43% | |
| X | B | 5.13% | |
| NUE | C | 4.95% | |
| LYB | F | 4.36% | |
| FMC | D | 4.18% | |
| CF | A | 4.11% | |
| NEU | D | 4.03% | |
| MOS | F | 3.99% | |
| EMN | C | 3.68% | |
| TKR | D | 3.63% | |
| IP | A | 3.58% | |
| ASH | F | 3.58% | |
| CLF | F | 3.5% | |
| APD | A | 3.24% | |
| RGLD | C | 3.04% | |
| ECL | D | 2.92% | |
| CC | C | 2.82% | |
| CE | F | 2.75% | |
| OLN | F | 2.62% | |
| WLK | D | 2.56% | |
| FAST | B | 2.32% | |
| ESI | B | 2.09% | |
| LIN | C | 1.91% | |
| AVY | F | 1.81% | |
| SCCO | F | 1.75% | |
| FCX | F | 1.73% | |
| HUN | F | 1.64% | |
| AA | A | 1.01% | |
| ALB | B | 0.97% | |
| RBC | A | 0.93% | |
| MP | C | 0.92% | |
| HXL | F | 0.85% | |
| SMG | C | 0.76% | |
| IFF | D | 0.73% | |
| NEM | D | 0.68% |
FXZ Underweight 49 Positions Relative to CPAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| SFM | A | -2.51% | |
| SKYW | C | -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 | B | -2.17% | |
| BRBR | A | -2.17% | |
| EQH | C | -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 | B | -2.08% | |
| CAH | B | -2.08% | |
| MSI | B | -2.07% | |
| CLBT | B | -2.06% | |
| COR | B | -2.05% | |
| GOOGL | C | -2.05% | |
| GNW | A | -2.03% | |
| PBI | B | -2.01% | |
| PGR | A | -1.93% | |
| META | D | -1.93% | |
| RTX | D | -1.9% | |
| BRC | D | -1.89% | |
| TJX | A | -1.89% | |
| THC | D | -1.88% | |
| LESL | D | -1.87% | |
| NYT | D | -1.85% | |
| ZIM | C | -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% |
FXZ: Top Represented Industries & Keywords
CPAI: Top Represented Industries & Keywords
Compare ETFs
