NEWZ vs. DDIV ETF Comparison
Comparison of StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) to First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)
NEWZ
StockSnips AI-Powered Sentiment US All Cap ETF
NEWZ Description
NEWZ navigates market complexities through a proprietary news media sentiment signal which combines AI and NLP technologies. This signal is generated from textual sources, such as news articles, blogs, and SEC filings, processed using advanced machine learning algorithms. These algorithms sift through vast amounts of data to assess investor sentiment and identify stocks with the most positive news coverage. The process begins by screening US-listed equity securities based on capitalization, volatility, ROE, news coverage volume, and inclusion in Zacks sector and industry classifications. Selections are made based on the sentiment signal, which also integrates a sentiment momentum signal indicating shifts in investor sentiment over time. After the screening, the portfolio typically comprises the top 30 to 50 stocks, all equally weighted. Throughout this process, the fund prioritizes reliability, gathering information from reputable news outlets such as Zacks, Motley Fool, and CNBC. The fund is rebalanced and reconstituted monthly.
Grade (RS Rating)
Last Trade
$27.60
Average Daily Volume
2,498
30
DDIV
First Trust Dorsey Wright Momentum & Dividend ETF
DDIV Description
The First Trust Dorsey Wright Momentum & Dividend ETF, formerly the First Trust RBA Quality Income ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend Yield Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and was developed by Nasdaq, Inc. (the "Index Provider"). The Dorsey Wright Momentum Plus Dividend Yield Index is a rules-based equity index that is designed to track the overall performance of the 50 highest dividend yielding stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength. To construct the index, Dorsey, Wright & Associates (DWA) begins with the eligible constituents of the NASDAQ US Large Mid Cap Index. These eligible constituents are determined after meeting certain criteria, including maintaining a minimum average daily dollar volume of $1 million for the 30-day period prior to evaluation. Each security is assigned a relative strength score based on its forward price momentum compared to the momentum of a broad market benchmark index. Securities that exhibit a minimum level of relative strength are eligible for inclusion in the index. Eligible securities are then ranked based upon their current dividend yield, and the top 50 securities with the highest dividend yield are selected for inclusion in the index. The securities are then weighted, with greater weights given to securities with higher dividend yields. The index is reconstituted and rebalanced quarterly.Grade (RS Rating)
Last Trade
$37.08
Average Daily Volume
12,884
50
Performance
| Period | NEWZ | DDIV |
|---|---|---|
| 30 Days | -1.56% | 1.24% |
| 60 Days | -0.29% | 2.38% |
| 90 Days | 5.36% | 11.53% |
| 12 Months | 37.54% |
NEWZ Overweight 27 Positions Relative to DDIV
| Symbol | Grade | Weight | |
|---|---|---|---|
| TT | C | 4.31% | |
| NOW | A | 4.02% | |
| MANH | D | 3.98% | |
| ANET | B | 3.91% | |
| MSI | B | 3.8% | |
| VOYA | B | 3.74% | |
| TAC | A | 3.72% | |
| APH | B | 3.51% | |
| EBAY | D | 3.5% | |
| PAYX | B | 3.48% | |
| BR | C | 3.41% | |
| FTNT | B | 3.39% | |
| PEGA | A | 3.37% | |
| ZTS | D | 3.29% | |
| UTHR | A | 3.27% | |
| AIZ | D | 3.19% | |
| DGX | B | 3.16% | |
| ANF | F | 3.13% | |
| UL | D | 2.92% | |
| ORCL | B | 2.91% | |
| CL | F | 2.91% | |
| SHOP | B | 2.87% | |
| DVA | D | 2.86% | |
| BRO | B | 2.86% | |
| PGR | D | 2.75% | |
| KNSL | F | 2.75% | |
| BMI | D | 2.63% |
NEWZ Underweight 47 Positions Relative to DDIV
| Symbol | Grade | Weight | |
|---|---|---|---|
| AM | C | -4.93% | |
| KMI | B | -4.68% | |
| SPG | C | -4.5% | |
| OKE | B | -3.92% | |
| LAMR | B | -3.83% | |
| WMB | A | -3.78% | |
| OWL | B | -3.68% | |
| BRX | C | -3.67% | |
| DTM | A | -3.47% | |
| JXN | B | -2.84% | |
| ARES | B | -2.55% | |
| IRM | B | -2.47% | |
| GS | B | -2.44% | |
| JPM | A | -2.42% | |
| PKG | A | -2.37% | |
| BPOP | F | -2.31% | |
| INGR | C | -2.28% | |
| HRB | D | -2.27% | |
| WELL | A | -2.17% | |
| JEF | B | -2.16% | |
| WSO | D | -1.95% | |
| AIG | B | -1.93% | |
| DKS | F | -1.75% | |
| GRMN | A | -1.74% | |
| MTG | D | -1.72% | |
| ALL | C | -1.64% | |
| RTX | C | -1.62% | |
| TRGP | A | -1.6% | |
| TRV | B | -1.58% | |
| SF | A | -1.41% | |
| AFL | D | -1.31% | |
| WAL | C | -1.25% | |
| COF | A | -1.15% | |
| CAH | B | -1.14% | |
| RGA | C | -1.11% | |
| NRG | B | -1.09% | |
| DELL | A | -0.98% | |
| NOC | D | -0.91% | |
| MMC | D | -0.88% | |
| AOS | F | -0.87% | |
| TXRH | A | -0.86% | |
| MAS | D | -0.81% | |
| HLI | A | -0.81% | |
| APO | B | -0.81% | |
| TSCO | D | -0.76% | |
| TJX | D | -0.71% | |
| OC | B | -0.69% |
NEWZ: Top Represented Industries & Keywords
DDIV: Top Represented Industries & Keywords
Compare ETFs
