KEUA vs. AMID ETF Comparison
Comparison of KraneShares European Carbon Allowance ETF (KEUA) to Argent Mid Cap ETF (AMID)
KEUA
KraneShares European Carbon Allowance ETF
KEUA Description
The KraneShares European Carbon Allowance ETF (KEUA) provides targeted exposure to the European Union Allowances (EUA) cap-and-trade carbon allowance program. KEUA is benchmarked to the IHS Markit Carbon EUA Index, which tracks the most traded EUA futures contracts. As a part of the KraneShares suite of carbon ETFs, KEUA provides a new vehicle for participating in the price of carbon and hedging risk while supporting responsible investing and ESG goals.
Grade (RS Rating)
Last Trade
$23.90
Average Daily Volume
3,245
1
AMID
Argent Mid Cap ETF
AMID Description
AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.Grade (RS Rating)
Last Trade
$32.06
Average Daily Volume
8,802
9
Performance
Period | KEUA | AMID |
---|---|---|
30 Days | -3.67% | -0.90% |
60 Days | -4.72% | -1.93% |
90 Days | 14.30% | -5.15% |
12 Months | -20.37% | 22.65% |
0 Overlapping Holdings
Symbol | Grade | Weight in KEUA | Weight in AMID | Overlap |
---|
KEUA Overweight 1 Positions Relative to AMID
Symbol | Grade | Weight | |
---|---|---|---|
CLWT | C | 75.05% |
KEUA: Top Represented Industries & Keywords
AMID: Top Represented Industries & Keywords