KOOL vs. FBT ETF Comparison
Comparison of North Shore Equity Rotation ETF (KOOL) to First Trust Amex Biotech Index Fund (FBT)
KOOL
North Shore Equity Rotation ETF
KOOL Description
KOOL aims to outperform the S&P 500 by dynamically allocating a global equity portfolio. The strategy aims to favor sectors historically known for strong performance across the business cycle phases: recession, recovery, expansion, and slowdown. It involves economic indicators and market trends, including current and forward-looking metrics to pinpoint these stages. This approach is reviewed monthly to ensure the portfolio remains aligned with changing economic conditions and market dynamics. Portfolio selection blends fundamental and technical analysis, along with top-down macroeconomic insights and industry trends such as GDP, employment, consumer spending, and inflation. To add, it also utilizes both buy- and sell-side research to finalize the composition. Up to 20% of the assets may comprise fixed-income securities and option contracts to generate income and manage risks. Moreover, it boosts income through securities lending and transaction fee collection. Investments may include ETFs.
Grade (RS Rating)
Last Trade
$11.37
Average Daily Volume
6,769
18
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
$172.01
Average Daily Volume
33,763
30
Performance
| Period | KOOL | FBT |
|---|---|---|
| 30 Days | 3.24% | 0.05% |
| 60 Days | 4.82% | -0.45% |
| 90 Days | 5.37% | -0.91% |
| 12 Months | 20.31% |
1 Overlapping Holdings
| Symbol | Grade | Weight in KOOL | Weight in FBT | Overlap | |
|---|---|---|---|---|---|
| AMGN | D | 2.89% | 3.04% | 2.89% |
KOOL Underweight 29 Positions Relative to FBT
| Symbol | Grade | Weight | |
|---|---|---|---|
| EXEL | B | -4.51% | |
| CORT | B | -4.07% | |
| INCY | C | -3.97% | |
| NTRA | B | -3.92% | |
| ITCI | C | -3.9% | |
| ACAD | D | -3.85% | |
| ARGX | A | -3.74% | |
| GILD | C | -3.66% | |
| UTHR | C | -3.64% | |
| CPRX | C | -3.62% | |
| NBIX | C | -3.59% | |
| WAT | B | -3.55% | |
| RGEN | D | -3.46% | |
| HALO | F | -3.44% | |
| VRTX | F | -3.39% | |
| ALKS | B | -3.31% | |
| ILMN | D | -3.3% | |
| BMRN | D | -3.15% | |
| ALNY | D | -3.06% | |
| GMAB | F | -3.04% | |
| SRPT | D | -2.96% | |
| BIIB | F | -2.95% | |
| BNTX | D | -2.9% | |
| MTD | D | -2.88% | |
| BRKR | D | -2.85% | |
| BGNE | D | -2.76% | |
| REGN | F | -2.6% | |
| EXAS | D | -2.42% | |
| MRNA | F | -2.3% |
KOOL: Top Represented Industries & Keywords
FBT: Top Represented Industries & Keywords
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