IWFG vs. XLG ETF Comparison
Comparison of IQ MacKay Municipal Insured ETF (IWFG) to Guggenheim Russell Top 50 Mega Cap ETF (XLG)
IWFG
IQ MacKay Municipal Insured ETF
IWFG Description
The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$42.42
Average Daily Volume
1,089
29
XLG
Guggenheim Russell Top 50 Mega Cap ETF
XLG Description
The investment seeks to replicate as closely as possible, before fees and expenses, the daily performance of the Russell Top 50® Mega Cap Index Total Return. The fund invests at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is an unmanaged equal-weighted version comprised of the 50 largest companies in the Russell 3000® Index, which is an unmanaged capitalization-weighted index that offers investors access to the broad U.S. equity universe representing approximately 98% of the U.S. equity market. It is non-diversified.Grade (RS Rating)
Last Trade
$44.30
Average Daily Volume
1,956,519
51
Performance
| Period | IWFG | XLG |
|---|---|---|
| 30 Days | 2.86% | 4.02% |
| 60 Days | -9.20% | -6.42% |
| 90 Days | -2.52% | 0.03% |
| 12 Months | 31.52% | 26.42% |
11 Overlapping Holdings
| Symbol | Grade | Weight in IWFG | Weight in XLG | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 4.6% | 11.77% | 4.6% | |
| ADBE | B | 2.6% | 0.95% | 0.95% | |
| AMZN | D | 7.81% | 5.87% | 5.87% | |
| AVGO | D | 4.75% | 2.48% | 2.48% | |
| GOOG | D | 4.86% | 2.85% | 2.85% | |
| HD | B | 2.55% | 1.34% | 1.34% | |
| MA | B | 3.13% | 1.47% | 1.47% | |
| META | C | 3.64% | 4.16% | 3.64% | |
| MSFT | D | 11.39% | 11.24% | 11.24% | |
| NFLX | B | 2.12% | 1.08% | 1.08% | |
| NVDA | D | 7.84% | 9.66% | 7.84% |
IWFG Underweight 40 Positions Relative to XLG
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | D | -3.4% | |
| BRK.A | B | -3.2% | |
| LLY | B | -2.79% | |
| JPM | B | -2.33% | |
| TSLA | D | -2.25% | |
| UNH | A | -2.05% | |
| XOM | C | -1.89% | |
| V | A | -1.63% | |
| PG | A | -1.53% | |
| JNJ | B | -1.49% | |
| COST | B | -1.46% | |
| ABBV | B | -1.29% | |
| WMT | A | -1.22% | |
| MRK | D | -1.08% | |
| KO | B | -1.04% | |
| BAC | D | -1.02% | |
| PEP | A | -0.91% | |
| CVX | F | -0.9% | |
| CRM | D | -0.89% | |
| TMO | A | -0.86% | |
| LIN | B | -0.84% | |
| AMD | F | -0.84% | |
| ORCL | A | -0.83% | |
| ACN | A | -0.8% | |
| MCD | A | -0.77% | |
| WFC | D | -0.75% | |
| CSCO | B | -0.74% | |
| PM | A | -0.73% | |
| ABT | A | -0.73% | |
| QCOM | F | -0.69% | |
| TXN | C | -0.69% | |
| GE | C | -0.67% | |
| VZ | B | -0.65% | |
| DHR | B | -0.64% | |
| NEE | A | -0.62% | |
| CAT | C | -0.61% | |
| DIS | F | -0.6% | |
| PFE | D | -0.59% | |
| CMCSA | C | -0.56% | |
| AMAT | F | -0.56% |
IWFG: Top Represented Industries & Keywords
XLG: Top Represented Industries & Keywords
Compare ETFs
